Quote:
Originally Posted by vkb
our Axis is insured with Progressive. Last year, I called the help line when we received our premium notice. I quizzed the lady, regarding our premium, in hopes of reducing it somewhat. I asked her what value our motorhome was insured for. She told me it is for the original purchase price. I told her that it isnt worth that amount any longer...as being a 2016...the dollar value isnt there... I told her that I had checked RV Trader to see what similar Axis were selling for ... and confirmed that if something happened to our Axis we would not be paid the purchase price. She lowered our premium by $200.
|
Wouldn’t that depend on whether you had optional “full replacement” coverage? Perhaps you had that level of coverage and she simply deleted the option. When I was offered the coverage I questioned the agent about exactly what it means and was assured that it would cover the amount I paid for the coach not what it’s current market value might be. I wonder if I have what I think I have!
Thor Forums
