Gila Insurance Group LLC has a long history in the RV Insurance market. First the key employees worked for International Insurance Group, Inc, and then bought the RV Insurance business from International Insurance Group. Bottomline? We have years of experience and are a leading provider of RV, Motor Home, Travel Trailer and Fifth Wheel Insurance. Licensed in 30 states with experienced agents and a customer service team that is unrivaled in the industry we provide the quality, service and privacy you expect and require. The Motor Home Insurance quote companies we work with provide the most competitive choices in coverage, pricing, underwriting, and most importantly, financial stability. Offering RV insurance coverage from several insurance companies assures that Gila Insurance Group LLC will always be able to offer the best motor home insurance options. Each insurance company we insure your RV with, carries an “Excellent” or “Good” rating from A.M. Best.
THE ADVANTAGES OF PURCHASING YOUR RV & MOTOR HOME INSURANCE FROM GILA INSURANCE GROUP LLC
OPTIONS
The RV Insurance Professionals at Gila Insurance Group LLC provide a wide variety of motor home insurance products to best suit your needs. Customers can request quotes for RV, motor home, travel trailer, fifth wheel, tow vehicle and companion auto insurance. Quotes will be delivered promptly with choices of rates and companies. Some products will generate up to 5 different quotes! You can then call in with your RV insurance selection and bind a policy over the phone. It’s that easy!
PRODUCTS
Our range of products include: Recreational Vehicle (RV), Travel Trailer, Motor Home, Fifth Wheel, Tow Vehicle and Companion Vehicle coverage to fit your insurance needs.
COMPANY STABILITY
The underwriting companies Gila Insurance Group offers must have only the highest level of stability, respectability and customer service to meet the our expectations and those of our customers. Each company carries an A- or better rating from A.M. Best Company.
Gila Insurance Group has put together a landlord insurance checklist of things you should discuss with your Insurance agent. While it’s nice to have the list, the question is why are these so important? Here we will break this down, and explain piece by piece why you need to have these conversations.
| Liability | |
| Liability Insurance sufficient to cover your assets | _____ |
| Premise Liability | _____ |
| Personal Injury Coverage | _____ |
| Medical Payments | _____ |
| Umbrella | _____ |
| Loss Assessment | _____ |
The liability questions can be tough questions to answer, but are some of the most important questions.
Liability Insurance sufficient to cover your assets – liability insurance covers you if you become legally liable to another person for property damage or bodily injury that you become responsible for usually through a lawsuit. Liability coverage provides coverage for those damages as well as for the cost to defend you. So the amount you purchase is important. A great place to state is to determine what assets you have and are trying to protect. We recommend you have at least enough liability coverage to equal your assets.
Premise Liability – This covers you for things that happen at the investment property. For example, slips and falls, dog bites, and all kinds of weird stuff for which you could be sued. Yes even if it’s your tenants fault, you could still become liable.
Personal Injury – this is excluded under premise liability and covers you in situations where your tenant is likely to sue you. For example invasion of privacy, false arrest, slander, libel and defamation. Every spoken bad about a tenant? There are a number of cases where landlords have been sued by their tenants for behavior of the landlord. Usually these situations are excluded under premise liability, and only covered if you have personal injury coverage.
Medical Payments – This is a no fault coverage that insurance company’s pay so that people won’t sue you. For example, if someone slips and falls and breaks and arm medical payments coverage pays up to the limit on the policy for the medical bills. The idea is if you take care of the person they won’t sue and it will be cheaper for the insurance company.
Umbrella – Are you sure you have enough liability insurance? I mean really sure? An umbrella policy provides additional liability coverage. In some cases it can include premise liability and personal injury. In other cases, just premise liability. We strongly recommend an umbrella policy if you have several investment properties partly because you have more assets to protect.
Loss Assessment – Is your investment in an HOA? If so your HOA has the ability to assess you for things they need to pay for. If that is related to a covered loss then your policy can cover you for those things. For example, does your HOA have a pool or play ground? If something happens there, they will sue the HOA, if something REALLY bad happens there they will max out their insurance policy and then come to you the homeowner (investment property or not), and you will be assessed. Your landlord insurance policy can cover these assessments as long as it’s due to a covered loss.
Perils insurance against, what in the world does that mean. Here’s an insurance guy trying to explain the insurance options for rental property insurance.
Rental Property Insurance Coverage – Section I policy Form – Perils insured against.
Demystifying the stuff coming out of your insurance agent’s mouth
Perils insured against…. What does that mean? Let’s see if I can take off my insurance man hat for a second and put on my investor hat. Why? Because I believe this is where A LOT of insurance folks tend to lose their clients. It’s a simple thing, but we often get too caught up in the insurance lingo when we are explaining this stuff. So, here is my best attempt.
A peril is stuff that happens to cause a loss. So, stuff that happens, for which you are insured, is a covered peril.
Okay. Sometimes you will hear an adjustor or an insurance agent say something like, “in the event of a covered loss.” Well, what in the world is a “covered loss?” How could you know? That’s where the policy form comes into play. Policy forms are like a series of hooks on a wall, so we take our policy and we hang it on a form, then every time we read something like “in the event of a covered loss,” we can look at our hook, and we see if it’s covered in the policy.
Okay, so there are essentially 3 types of “hooks” or options for rental property insurance buyers. There are basic, broad, and special forms. That’s easy, but of course you will often hear agents referring to these as DP-1, DP-2, or a DP-3. This basically says it’s a dwelling policy with this kind of form… Now, each form has a list of stuff that gets covered. Basic being the worst and special being the best. Now that I have gone all insurance guy on you, let me break it down visually so that you can understand it.
THIS IS A GENERALIZATION, CHECK YOUR POLICY! THERE ARE THINGS THAT CAN CHANGE THESE LISTS LIKE THE PROPERTY BEING VACANT OR OTHER FACTORS!
Now before you get all crazy and say, “hey Broad has most of what special has, I bet I can save some money,” slow your roll. Let’s look at that last one; Risk of Loss with Exclusions. What does that mean? It means that unless the insurer specifically excludes it, it’s covered. That is a HUGE difference. In the first two options the insurer will only cover a handful of things, and if it’s not on the list, then it’s not covered. The last option, the special “hook,” says if it’s not excluded, its covered, which leaves hundreds of covered situations with a handful of exclusions.
LONG STORY SHORT? You’re special so get special. It’s as simple as that.
Start your quote online or call us for an immediate quote 1-877-784-6787.