Premium Increase

[cmillsap]

Motercoach Insurance is getting expensive. Mine has risen 20% each year for the last 3 years in a row. The 'Agreed Value" clause added about 25% to the premium cost over standard "Appraised Value".

Having adequate liability coverage is more important to me than maybe receiving a few thousand dollars less at "Appraised Value" if I ever have to file a damage claim. So, I removed the "Agreed Value" clause from my policy with Nationwide.

That reduced my premium from $4435.32 to $3108.63 saving me a whopping $1326.63 annually.

So, if your coach insurance cost is getting unreasonably expensive, you might consider dropping the "Agreed Value" clause from your policy and save big bucks next time it comes up for renewal.