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Thread: Insured Value
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Old 09-26-2018, 03:50 AM   #16
rynosback
Senior Member
 
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Brand: DRV
Model: 38 RSB3
State: South Dakota
Posts: 2,280
THOR #1658
Quote:
Originally Posted by The Gritz Carlton View Post
"Then that is not replacement value on the rv. That is market value at the time of loss.
Unless I dont understand what you mean."


Market value is what somethingis worth. Replacement value means they will totally replace it with another new one, same make and model...current year. If it burns in 2020...they buy me a new 2020...same model or as similar as what is currently manufactured.
If mine gets totaled, they cut me a check for the agreed amount that I set it up with. As campers are not like cars. I have 2 pages of custom changes when I had my rig built.
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2016 DRV38RSB3
2015 Ram 3500 Regular Cab DRW CTD Asian trans 410 rear
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