I would imagine any insurance company will drop you after several claims.
We had a hurricane here years ago and the claim specialist came out to see our house...
"$3500 is what you'll get."
I answered "These huge trees came down and also destroyed the retaining wall."
"$4000, that should cover it." he said with assurance.
"What about the electric lines that were pulled down?" I answered.
"$5000, will get you up and running again." he said. "but a claim that size may cause your premium to go up."
Sure enough, the claim caused the rate to skyrocket.
With campers, I like the Agreed upon system best but only with a complete appraisal with photos. Even then, getting them to pay for damage (not totaled) may take some fighting. After all, why replace a panel with a new one from CA when body filler is $5 a can?
What we're talking about now is whether insurance on any camper, new or old, makes sense.
Post by HOTRODPRIMER on Oct 31, 2018 8:14:34 GMT -8
Having had a accident with a vintage car and having a agreed value policy in writing I feared the outcome but AMPAC insurance stepped up to the plate and covered all the damage and I am extremely happy with their doing what they say.Danny
Camping: the art of getting closer to nature while getting farther away from the nearest cold beverage, hot shower and flush toilet.
Those are some pretty aggressive appraisals. I love the Forester, but it still seems like you'd have trouble getting $10k for it. I've mentally valued our little camper in the $3k-$4k range.
I've noticed that lots of folks on this forum think that these wonderful campers are not worthy of higher prices. Granted, the damaged ones we find to restore shouldn't cost more than a few thousand dollars. But, when they are fixed up, I think they should compete with the values of modern campers. I see crappy 16 footers with OSB floors and drywall screws protruding below, pressed wood plastic laminated everything, and a bunch of toys (TVs etc) selling up around $20K. They don't compare in value IMO to what is being built on this forum. Sometimes I wonder if our (generally) older age has something to do with this. By that I mean it's not hard for me to remember when I could keep myself alive by charging $12/hour for carpentry work. Now (at age 69) I charge $40 and nobody bats an eye.
"...it's not hard for me to remember when I could keep myself alive by charging $12/hour for carpentry work. Now (at age 69) I charge $40 and nobody bats an eye."
If we charged for the hours invested, our restored campers would easily sell for more than $20K. Many people have come to this forum thinking they could make vintage campers a hobby-job that paid fairly. They usually don't last long.