Sportsmobiles are the ultimate Camper Vans. Gennock Insurance is able to insure these vehicles with several different options.
Physical Damage Settlement Options
All three options provide the same coverage to repair RVs that are not a total loss. However, if the RV is a total loss, they provide different settlements.
Total Loss Replacement
In the event of a total loss, this coverage replaces the current RV with a new untitled RV that is to the extent possible, the same make and model, and which contains comparable equipment. Total Loss Replacement is available on previously untitled RVs that are up to one (1) model year old and do not have pre-existing damage. For RVs over five model years old that experience a total loss, we will pay the Purchase Price as reflected on the declarations page.
The Disappearing Deductibles option is included with Total Loss Replacement when the rating base is greater than or equal to $25,000 and physical damage is selected.
Agreed Value
(if available)
Agreed Value means we’ll pay the rating base as reflected on your Declarations Page in the event of a total loss regardless of the actual cash value. Agreed Value is available on all RVs. For RVs purchased in the last two years, the sales receipt can serve as verification of the rating base. If a sales receipt is unavailable or if the RV was purchased more than two years ago, the rating base value may be determined by referring to either the N.A.D.A. Recreational Vehicle Appraisal Guide or the Recreational Vehicle Blue Book.
The Disappearing Deductibles option is included with Agreed Value when the rating base is equal to or greater than $25,000 and physical damage coverage is selected.
Actual Cash Value
The most economical loss settlement option. All total losses will be settled by paying the lessor of the value of the RV at the time of the loss, less the deductible or the value displayed on the declarations page, which was entered as the rating base for the RV.
Comprehensive Coverage
Provides coverage for losses to an insured vehicle, including, but not limited to: fire, theft, vandalism, hail, wind, flood or impact with an animal. This coverage is subject to the deductible amount selected.
Collision Coverage
Provides coverage for the insured vehicle for damage related to an impact (other than with an animal). This coverage is subject to the deductible amount selected.
Included when Comprehensive/Collision are selected: Emergency Expense, Fire Department, Vacation Liability (for Pleasure users), and Trailer coverage.
Also included is physical damage protection while in Mexico, provided that the insured purchases a Mexico liability policy.
Progressive provides free Pet Injury coverage as part of your Collision coverage. This coverage pays up to $1,000 toward veterinary bills if your dog or cat is injured when you’re in a vehicle accident. We also cover them for Comprehensive claims, such as vehicle theft or a fire. In the unfortunate event that your pet dies as a result of injuries sustained in your Collision or Comprehensive claim, we provide a $1,000 death benefit.