Hi Everyone. Well, after 15 years the RV-Dreams Community Forum is coming to an end. Since it began in August 2005, we've had 58 Million page views, 124,000 posts, and we've spent about $15,000 to keep this valuable resource for RVers free and open. But since we are now off the road and have settled down for the next chapter of our lives, we are taking the Forum down effective June 30, 2021. It has been a tough decision, but it is now time.
We want to thank all of our members for their participation and input over the years, and we want to especially thank those that have acted as Moderators for us during our amazing journey living and traveling in our RV and growing the RV-Dreams Family. We will be forever proud to have been founders of this Forum and to have been supported by such a wonderful community. Thank you all!!
I just made some "adjustments" to my umbrella policy. We had our home, 3 cars and a boat all with State Farm and an umbrella policy. One of the tenants of an umbrella policy (as I understand it) is that for an umbrella policy to work you must have sufficient insurance on the underlying policy. In our case it was the house that provided that basis. Now we've just sold our home, boat and one of the cars. In order for State Farm to continue the umbrella, we needed to have at least $500,000 in liability insurance on the RV to satisfy the umbrella's "underlying" requirements. We do have that underlying insurance (on the truck also) ... so the umbrella policy was continued just as before, only covering my RV and vehicles. Based on this experience, I suspect there would be similar "underlying" requirements for most companies. Interestingly, the RV is not insured by State Farm, but they still extended the umbrella to the RV.
This is JMO, but an umbrella policy is almost mandatory to protect your assets in the litigation environment we have today.
-- Edited by RonC on Wednesday 21st of December 2016 07:49:47 PM
-- Edited by RonC on Wednesday 21st of December 2016 07:50:14 PM
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Ron and Janice
2016 Ford F350, King Ranch, DRW, 4x4, CC, 6.7 PS Diesel, remote control air lift system
2017 Durango Gold 381REF, Lambright furniture, MCD shades, morRYDE IS, 8K Disc brakes, GY G114 LR H Tires, 27,320 lbs CGVW
