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Old 12-10-2015, 08:30 AM   #41
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I had a loan on my trailer. When the trailer was fully paid for, the company holding the loan wanted insurance information. I insured the trailer (Allied Insurance) and gave them the location of the trailer. The insurance was not that much considering the overall value of the trailer. I had no problem paying insurance for the 5 months that it was on ETI's lot.
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Old 12-10-2015, 08:53 AM   #42
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Originally Posted by C&G in FL View Post
...Insurance companies will try to deny any and all claims...I wonder if that is carried over into other forms of insurance? Sorry, your husband died while you were in Canada so his life insurance policy is not valid.
Your husbands life insurance would be invalid only if he was in storage at the time of his death.
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Old 12-10-2015, 09:08 AM   #43
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Originally Posted by ice-breaker View Post
Your husbands life insurance would be invalid only if he was in storage at the time of his death.
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Old 12-10-2015, 09:23 AM   #44
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Insurance while trailer in storage

Do not Insure your trailer, while in storage at ETI... You are giving these insurance companies something for nothing... What's going to happen?? If damaged at ETI, they will repair it... You would be better off buying a case of good California wine.. My 17A was done in January 2015, picked up in June 2015, no insurance while in storage atETI, no need for if it is parked at ETI....
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Old 12-10-2015, 10:29 AM   #45
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I've heard Reace and Tammy's dogs count as pretty good insurance.
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Old 12-10-2015, 11:29 AM   #46
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Quote:
Originally Posted by C&G in FL View Post
One question that to me is of tantamount importance which hasn't been asked pertains to those who have had their trailers stored at ETI for a few months prior to pickup. How many completed/stored trailers have been stolen, damaged, or destroyed while in ETI's possession awaiting owner pickup? And if obtaining valid insurance for a US resident's property in Canada IS NOT POSSIBLE, perhaps ETI could obtain coverage as a "storage facility" and pass the cost along to those who use it. I do not believe Reace and Tammy are the type of people who would "throw their customers under a bus" or "hang them out to dry."
Another question that would come into play here. If I were to go to Canada with my trailer, set up in a legitimate campground, and then take a 3 day cruise or visit friends overnight, is the trailer technically "in storage." Insurance companies will try to deny any and all claims. To borrow one company's current ad campaign: If you're an insurance company, that's what you do." I wonder if that is carried over into other forms of insurance? Sorry, your husband died while you were in Canada so his life insurance policy is not valid.
I saw that Escape could keep your trailer until you could pick it up . It never entered my mind that could be a problem . I am sure Escape has insurance on their whole property for fire , theft. If you haven't even taken possession of your trailer I would believe Escape would still have your trailer covered . I also don't believe Tammy and Reace would just say "sorry " . Pat
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Old 12-10-2015, 11:32 AM   #47
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Maybe things have changed? Either that or we didn't understand liability in 2014. Our Escape was finished in February 2014 and we didn't pick it up until June. Final payment was made before February. We didn't insure it until June, when we took possession. I thought at the time that Tammy said we didn't need to.
Our trailer was built in August, we picked up in January. We were able to secure "storage" insurance from our automobile insurance carrier for a nominal fee.
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Old 12-10-2015, 12:06 PM   #48
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Read your policy!

Long long long ago I spent a few years being an insurance underwriter, including personal homeowners and automobile insurance. One of the things I learned is that many people in the insurance industry don't know much about the products they sell. Agents were continually asking me if a policy covered xxx in such and such a situation.

40 years ago, Insurance policies were written in legalese, but it was understandable if you only took the time to read the policy and parse the language. Today policies are written in relatively plain english, and pretty accessible to anyone with a high school reading level.

This discussion provided an impetus for me to go back and read my own auto policy. Here's what I found:

POLICY PERIOD AND TERRITORY
A. This policy applies only to accidents and losses which occur:
1. During the policy period as shown in the Declarations; and
2. Within the policy territory.
B. The policy territory is:
1. The United States of America, its territories or possessions;
2. Puerto Rico; or
3. Canada.
This policy also applies to loss to, or accidents involving, your covered auto while being transported between their ports.

There is no exclusion for when a vehicle (including a trailer) is stored at a facility other than the addresses listed on the policy.

So my conclusion is that MY insurance company would have had a hard time denying coverage if something happened during the time between the trailer was completed and the time I picked it up. That of course assumes that I had notified the company that I had a new trailer. Trailers are treated differently than "new or replacement vehicles" (cars/pick up trucks) where you have 30 days automatic coverage for a vehicle.

This is not to say that the insurance company might not try to recover any loss from ETI (or ETI's insurance company), especially if some negligence on ETI's part was involved.

In any event, my real point here is to encourage you to read your policy, and see what the actual terms are. Don't rely on what someone in a call center tells you.

This also applies to the admonitions I occasionally see saying that if you do such and such stupid thing (e.g towing a trailer that weighs more than the towing capacity of your vehicle) you won't have coverage. It is still stupid, but especially with regard to liability coverage, it is difficult to deny coverage to 3rd party victims based upon an insured's stupidity. I have seen many claims paid that were the result of DWI, speeding, and other just plain reckless behavior
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Old 12-10-2015, 12:12 PM   #49
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Good information Leon - thanks!
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Old 12-10-2015, 01:16 PM   #50
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Hi: LeonW... As my pal Bugs Bunny once said. "Scientists say the Universe is made up of Protons, Neutrons, and Electrons. They forgot to include Morons". Alf
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