The Tale of Two RVers:

• Non-specialty RV coverage
• $1,000 comp and collision deductibles on the RV
• A separate regular auto policy with $1,000 deductibles and no GAP coverage
 

• Specialty RV coverage from National Interstate
• Total Loss Replacement Coverage
• $750 in emergency vacation expense coverage
• $1,000 comp and collision deductible on the RV with diminishing deductibles
• A separate auto policy with $1,000 deductibles, diminishing deductibles, and GAP coverage
 

• The RV was now only worth $60,000 after depreciation and that was what RVer #1 was paid by the insurance provider. A replacement RV is now $110,000 after inflation, causing RVer #1 to go “out of pocket” for $50,000 to buy the new RV.
• RVer #1 paid a $1,000 deductible on the RV policy and another $1,000 on the auto policy
• RVer #1 owed $10,000 on the car loan, but the car was now only worth $5,000, so RVer #1 had to pay $5,000 to the lender.
• $350 for a night at a hotel and transportation home after the accident
 

• The RV was now only worth $60,000 after depreciation. A replacement RV is now $110,000 after inflation, so National Interstate replaced the RV.
• RVer #2 had diminishing deductibles on both the RV and auto, and after 2 claims free years the deductibles had diminished by 50% each to $500.
• When the RV and auto are insured by National Interstate and both are damaged in the same incident, only one deductible is charged. Rver#2 only paid $500.
• RVer #2 owed $10,000 on the car loan, but the car was now only worth $5,000. National Interstate’s GAP coverage paid off the loan.
• $350 for a night at a hotel and transportation home after the accident. This was reimbursed by National Interstate because of Emergency Vacation Expense.
 

$50,000 for replacement
$2,000 in deductibles
$5,000 to pay off the car loan
$350 for hotel and transportation
Total: $57,350

$0 for replacement
$500 in deductibles
$0 to pay off the car loan
$0 for hotel and transportation
Total: $500