GMC Insurance

[robert schoner]

Emery,

I assume your umbrella is with your homeowners insurance. Are you able to
separate out one vehicle (the GMC) and still keep the umbrella and other
vehicles with the homeowners?

Thanks
Bob Schoner
Still lookin for the perfect GMC
- ----- Original Message -----
From:
To:
Sent: Tuesday, April 04, 2000 10:05 PM
Subject: GMC: GMC Insurance

Thought some of you might want to compare your insurance rates.

I have insurance through RV Alliance. It is actually underwritten by other
insurance company members of RV Alliance depending on the state you live in.
In my case, NM is covered by Royal & SunAlliance formerly Royal Globe
Insurance.

I had received a notice that I would be required to send in an appraisal on
my 1977 GMC. This was to give us a "appraised value" amount in case of
total
loss. My appraisal came in at $28,050. I then found out that the value
that
RV Alliance was using before was $26,900 without an appraisal.

My premium for one year is $391.00 as follows:

Each Person Each Occurrence Premium
Liability 500,000 141.00
Medical Pmts 5,000 17.00
Uninsured Motorist 500,000 47.00

Comprehensive (excluding collision)
ACV less $100 deductible 125.00
Collision
ACV less $250 deductible 54.00

Towing and Labor Costs $500 per disablement
Motorhome Plus II coverage 7.00

Total Premium 391.00

Please note that even though it shows $500 for towing the Plus II coverage
gives unlimited towing and some other things. Last summer I had two tows
each of which were greatly in excess of $500. They paid them immediately.

Of course, premiums will vary from state to state. I have been using
Alexander & Alexander for many years before they changed to RV Alliance. I

have found them an excellent company to deal with. When a truck threw up
some rocks and broke both my windshields on I-25 near Denver last year they
told me to take it anywhere I wanted to and send them the bill. I received
a
check within a week of sending them the bill. They also waived my
deductible
since I had not had a claim in a few years. I believe they reduce it by a
percentage each year that you don't make a claim.

I also keep a relatively inexpensive one million dollar "Umbrella" policy on
my homeowner's insurance that would cover me if the liability under my auto
/
motorhome insurance policies reach their $500,000 cap.

Emery Stora
77 Kingsley
Santa Fe, NM

 

[blank]

The PEL(umbrella) policy should be excess of any personal liability policies
that meet the minimum underlying limit provision. If the minimum underlying
provision is not met, then a "gap" will exist before the PEL attaches
coverage. Some PEL's may exclude exposures like aircraft, but it shouldn't
matter what company actually has the underlying coverage. If your PEL
excludes the motorhome only because it's written by another company, find
another company to write the PEL.

As always, read your policy(should that be RTFP?).

Patrick

>
> I too was surprised to hear that you can separate one vehicle from an
> umbrella. I suspect the insurance experts may have a
> different opinion.

 

[david l greenberg]

> other vehicles with the homeowners?
>
> >>
>
> Bob - yes I can. The umbrella covers me as well as members of my
> family, my
> property, house liability and auto liability. So, whether someone
> slips on
> ice on my porch, or I hit someone with my car it is covered for an
> additional
> million once the $500,000 of any auto policy or the house policy is
> reached.
>

I too was surprised to hear that you can separate one vehicle from an
umbrella. I suspect the insurance experts may have a different opinion.

David Lee Greenberg
GMC Motorhome Registry
Dedicated to the preservation of the Classic GMC
http://www.gmcss.com/registry.htm

 

[david l greenberg]

> Emery or other netters : I have 21st Century on all my vehicles
> including the
> GMC and dont want to change that, however, I do want some type of
> roadside/towing coverage. Any suggestions ? Thanks. Hanson's hot rod
> 23'-' 73
> GMC
Good Sam is good but you need to join them. Equals extra $$
Camping World uses same service (also good) and covers all vehicles
(Except planes )
Heard FMCA is also good.

David Lee Greenberg
GMC Motorhome Registry
Dedicated to the preservation of the Classic GMC
http://www.gmcss.com/registry.htm

 

[bob mclaughlin]

Allstate is a good bet for stand alone towing insurance.
Bob McL
- -----Original Message-----
From: owner-gmcmotorhome
[mailtowner-gmcmotorhome]On Behalf Of Hanson9
Sent: Wednesday, April 05, 2000 7:35 PM
To: gmcmotorhome
Subject: Re: GMC: GMC Insurance

Emery or other netters : I have 21st Century on all my vehicles including
the
GMC and dont want to change that, however, I do want some type of
roadside/towing coverage. Any suggestions ? Thanks. Hanson's hot rod 23'-'
73
GMC

 

[david l greenberg]

There is a place on the GMC Mart for survey inputs. This might be a good
subject to try for starters.

> I have the same policy now and it costs me $446/year in NY
>
>

> >Thought some of you might want to compare your insurance rates.
> >
> >I have insurance through RV Alliance. It is actually underwritten
> by other
> >insurance company members of RV Alliance depending on the state you
> live in.
> >In my case, NM is covered by Royal & SunAlliance formerly Royal
> Globe
> >Insurance.
> >
> >I had received a notice that I would be required to send in an
> appraisal on
> >my 1977 GMC. This was to give us a "appraised value" amount in
> case of total
> >loss. My appraisal came in at $28,050. I then found out that the
> value that
> >RV Alliance was using before was $26,900 without an appraisal.
> >
> >My premium for one year is $391.00 as follows:
> >
> > Each Person Each Occurrence Premium
> >Liability 500,000 141.00
> > Medical Pmts 5,000 17.00
> >Uninsured Motorist 500,000 47.00
> >
> >Comprehensive (excluding collision)
> > ACV less $100 deductible 125.00
> >Collision
> > ACV less $250 deductible 54.00
> >
> >Towing and Labor Costs $500 per disablement
> >Motorhome Plus II coverage 7.00
> >
> > Total Premium 391.00
> >
> >Please note that even though it shows $500 for towing the Plus II
> coverage
> >gives unlimited towing and some other things. Last summer I had
> two tows
> >each of which were greatly in excess of $500. They paid them
> immediately.
> >
> >Of course, premiums will vary from state to state. I have been
> using
> >Alexander & Alexander for many years before they changed to RV
> Alliance. I
> >have found them an excellent company to deal with. When a truck
> threw up
> >some rocks and broke both my windshields on I-25 near Denver last
> year they
> >told me to take it anywhere I wanted to and send them the bill. I
> received a
> >check within a week of sending them the bill. They also waived my
> deductible
> >since I had not had a claim in a few years. I believe they reduce
> it by a
> >percentage each year that you don't make a claim.
> >
> >I also keep a relatively inexpensive one million dollar "Umbrella"
> policy on
> >my homeowner's insurance that would cover me if the liability under
> my auto /
> >motorhome insurance policies reach their $500,000 cap.
> >
> >Emery Stora
> >77 Kingsley
> >Santa Fe, NM
> >
> >
> >
> >
> >
>

David Lee Greenberg
GMC Motorhome Registry
Dedicated to the preservation of the Classic GMC
http://www.gmcss.com/registry.htm

 

[david l greenberg]

> I have a $2M umbrella thru state farm and it is separate policy that
> covers
> everything I do or drive. Does not matter who owns the vehicle as
> long as I
> am in it or drive it or kick it.
>
The real question is, could you place your GMC insurance with a specialty
carrier without impacting your umbrella policy. I think this may vary
from state to state but I believe 'Stacking" has something to do with
your ability to do this in FL.

David Lee Greenberg
GMC Motorhome Registry
Dedicated to the preservation of the Classic GMC
http://www.gmcss.com/registry.htm

 

[david l greenberg]

I hate to belabor the issue but, I pretty well understand what I have
written but apparently no one else does. I hear clearly that all vehicles
are under the umbrella! But it was stated that an owner has separated his
GMC from the umbrella and that is acceptable to the provider of the
umbrella. I don't see how this works. The umbrella provider needs to know
the max exposure and they usually require that ALL vehicles are declared
and covered.

I confess I am also insurance challenged. Does anyone understand what I
am explaining poorly?

Dave Greenberg

> Dave I called my friend who owns a state farm insurance agency and he
> confirmed what I had already said. The umbrella policy is a
> separate policy
> and covers everything that I own, drive or use, etc. That includes
> my GMC
> all of my cars, and any other vehicle that I drive.
>
>

> >> keep
> >the umbrella and
> >> other vehicles with the homeowners?
> >>
> >> >>
> >>
> >> Bob - yes I can. The umbrella covers me as well as members of my
>
> >> family, my
> >> property, house liability and auto liability. So, whether
> someone
> >> slips on
> >> ice on my porch, or I hit someone with my car it is covered for
> an
> >> additional
> >> million once the $500,000 of any auto policy or the house policy
> is
> >> reached.
> >>
> >
> >I too was surprised to hear that you can separate one vehicle from
> an
> >umbrella. I suspect the insurance experts may have a different
> opinion.
> >