Originally Posted by padlin00
Makes me wonder what the payoff from your insurance would be. Non fiberglass trailers depreciate very fast, think they pay heed to the real value of fiberglass?
In my experience the insurance companies do not know the resale value of a fiberglass trailer vs a sticky and will want to depreciate your trailers value by about 10% a year. Each year they ask and I just say nope! :-)
I have a Stated Value policy. Which means in the event of a claim for the trailer I will need to prove its value is what I have declared it to be. Was advised by my insurance agent the best way to do that is to keep copies of any sale ads etc that I might see for the same year/make trailer with same options etc. About every six months or so I go through the for sale
and sold section of the Fiberglass- rv-4sale and copy & paste ads along with any photos into one document on my computer. Also keep records of all updates/repairs along with receipts and keep current photos of the trailer inside and out.