Trailer Ins in the US

[Charlie & Lucy]

I know that every state is different and that you can't compare apples to oranges, but when I called to get quotes, using Allstate, the Hartford and Progressive... Progressive was the highest by a lot. About 300 more a year from Allstate and 250 more than the Hartford. Could it be because we are using 5th wheel?
I'd also be curious to know if anyone on the forum has had to put in a claim?
Thanks.
Lucy

[rbryan4]

Your example proves my point Lucy. In my case, Allstate and Hartford are much higher than Progressive. So its not just where you live, but how the insurer structures their premiums vs other carriers in your locality.

What can we take from all this? Simple. Choose a reputable insurer with a good rate for YOUR situation - and definitely shop around.

[Patandlinda]

Originally Posted by rbryan4

Trying to compare prices based on what others are quoted is mostly irrelevant. They vary widely by state, by city, and by a number of other factors. If I lived about 50 miles west of San Antonio for example, the rate would be half.

Very true Robert but Progressive usually at this time gives you the best for your money .It is not going to be the same premiums everywhere but in your area maybe the best . First for a new trailer for 5 years full replacement is very attractive to me with not much difference in price for descending value offered by other insurers . Pat

[Patandlinda]

Originally Posted by Patandlinda

Very true Robert but Progressive usually at this time gives you the best for your money .It is not going to be the same premiums everywhere but in your area maybe the best . First for a new trailer for 5 years full replacement is very attractive to me with not much difference in price for descending value offered by other insurers . Pat

Also they do take many things in consideration .Your credit , your claim history , whether you own your home etc. Pat

[cpaharley2008]

I fail to understand why your credit should have any impact on your insurance rate. The risk involved has nothing to do with credit. I understand the link, bad credit means possible insurance claims, but if one has never filed a claim, ever, their credit score should have no bearing to their rate.

[Patandlinda]

Originally Posted by cpaharley2008

I fail to understand why your credit should have any impact on your insurance rate. The risk involved has nothing to do with credit. I understand the link, bad credit means possible insurance claims, but if one has never filed a claim, ever, their credit score should have no bearing to their rate.

I totally agree with you Jim . But this is the way of our world now . Pat

[Rossue]

Anyone who just keys in on rates without looking at a carrier's rating and claims performance is not looking at the big picture.

I was on the fence for a minute until adding up 2 + 2. Think about all the advertising some of these companies do.

[Patandlinda]

Originally Posted by Rossue

Anyone who just keys in on rates without looking at a carrier's rating and claims performance is not looking at the big picture.

I was on the fence for a minute until adding up 2 + 2. Think about all the advertising some of these companies do.

You are right also Rossue . I have to hope all is well my ,State Farm agent I have had for 40 years told me to go to progressive at least for first 5 years to get the full replacement for my new trailer . We are dealing with big corporations . The ball is in their court . But my agent wouldn't steer me wrong . As for State Farm in 1994 I had to battle big time with them . I was not in good hands . I only stay because of my agent . She try's to help me out with lots of cost savings . Too long to go into . All we can do is do our best . Pat

[Rossue]

I have a State Farm policy for a rental with a great agent so I know what you're talking about Pat. This same agent got me great Worker's Comp rates back in 2002, yet was powerless when their rates became very uncompetitive and couldn't argue with me moving. Would really be curious to have you post comparative rates with AAA as you live in So. CA.

[rbryan4]

Originally Posted by cpaharley2008

I fail to understand why your credit should have any impact on your insurance rate. The risk involved has nothing to do with credit. I understand the link, bad credit means possible insurance claims, but if one has never filed a claim, ever, their credit score should have no bearing to their rate.

I never understood it either Jim, until a friend who owns an independent insurance company showed me some actuarial tables and what he called "risk charts". They suggested that a low credit score meant a higher risk of loss or claim.

There are some companies who don't use credit score as a factor at all, but the interesting thing is that their rates are usually higher.

[Patandlinda]

Originally Posted by Rossue

I have a State Farm policy for a rental with a great agent so I know what you're talking about Pat. This same agent got me great Worker's Comp rates back in 2002, yet was powerless when their rates became very uncompetitive and couldn't argue with me moving. Would really be curious to have you post comparative rates with AAA as you live in So. CA.

Rossue I live not in Los Angeles County . For home or automobiles I have found AAA to be much higher , every time I have checked . As been said there are many variables in their pricing . One of the big ones is where you live . Each of us needs to get own quotes for our circumstances . Pat

[Rossue]

Hi Pat- I totally get that; it is zip code based, despite some activists in urban areas trying to void that principle. I agree with it though- why should people in less populated areas have to subsidize "life in the big city"

[Patandlinda]

Originally Posted by Rossue

Hi Pat- I totally get that; it is zip code based, despite some activists in urban areas trying to void that principle. I agree with it though- why should people in less populated areas have to subsidize "life in the big city"

Hi Rossue and anyone else interested . Just opened Sept issue of Consumers Reports and right on front cover The truth about car insurance . How your rate is set.....and how you can demand a lower one . 10 pages long everything you ever wanted to know about car insurance . Pat

[kstock11]

I believe that if your zip code is near campgrounds, the rate is higher. There are more claims where people camp that where they live. Insurance is determined by the amount of claims.