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insurance problem


GlennWest

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I went with progressive via Lazy Days RV in Tampa, FL. They didn't care whether it was singled, had a bed, or what hitch. Just needed to have a MH title and be strictly for personal use. I can pull any trailer I wish, as long as it's not a commercial use at that moment. I could pull my 25 ton drag, as long as it only had personal items on it.

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National General (Good Sams) insured my truck without any questions when I called them from Vegas upon purchase. No questions, just numbers. Now that I think about it, they insured my previous truck while it was still un-converted after I bought it at an auction in Indiana. Paid cash but wanted it insured before I left the yard.

 

Chet

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Glenn;

 

When you started all of this, you stated you were going to pay cash for the HDT as no one would finance. You relayed you purchased the truck for less than $10k.

If the credit union owns the truck, that's what it is "a commercial truck". Title would have had to have been modified before transfer. Period. I'm not from your state, so I don't know the ins and outs of your laws. But I bet I'm on course about loan collateral.

 

Also, are you willing to pay $3k for 1 year of insurance on a $9k truck?

 

Just curious?

 

Curt

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Truck was 21500. Credit Union offered to carry part of it at 1.9%. I decided to take them up on this and use my money on bed and Smart. Dealer stated not much money for just comp and collision for transportation policy. He will call me back morrow. Too late this evening.

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You probably know this by now but commercial insurance on my son's commercial Freightliner is $1,000/month. You don't want to go there. Can you get a U Ship transport to haul it for you? I hauled a HDT Freightliner from Chicago to Philly a couple of years ago on my 30' gooseneck pulled by my chevy dually and charged $800. I got a lot of calls on the CB during that run. I did have to remove the stack to be legal.

Greg

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Glenn;

 

You will have to carry liability. Might want to check that. Besides if something goes wrong with these HDT's going down the road, they can tear up a lot of stuff and kill many. Full coverage insurance is the only way to go in my opinion.

Now that the credit union is involved, I don't think title reassignment will be as smooth either.

 

Curt

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I'm with Curt, you have to have liability insurance. The law couldn't care less about collision and comp, they want liability. What state are you registering in? I insured mine through Farmers (Foremost) long before the conversion was done.

 

Larry, it left the dealer lot and got to the shop somehow. I paid cash for my truck and the dealer wouldn't even complete the paperwork without a copy of my DL and proof of liability insurance.

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Yes, my son's truck has liability insurance included for 750k coverage and also load insurance which you won't need. The insurance company's are tough to deal with on commercial trucks. When my son bought his newer truck the insurance company forced him to carry full $1000/monthly coverage on the old truck even though it sat in the yard for 2 months with no plate on it trying to get it sold.

Greg

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Not knowing Glen's complete situation I might disagree, just a little, with Big5er. Of course most dealerships could ask for your DL and Proof of Insurance prior to delivery but recently I just bought a new vehicle and the only Proof of Insurance required was the insurance I already had from my Insurer for the vehicles I already own, it's presumed your insurer will cover you for 30 days until you're able to obtain insurance for the new vehicle. Therefore, if this is true, one could drive the vehicle to a shop and have extensive work completed and never buy the insurance until the vehicle is ready to be driven again on public roads. Now in Glen's case his CU breathing down his neck to insure the vehicle to protect their asset. Therefore, if the CU is in agreement the Vehicle insurance only requires Comp Insurance because it's in repair, this would be the same as when a financed RV goes in or out of storage. Collision and Liability only covers the vehicle while the Vehicle is in service/Driven.

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Jim can't help me. Everyone says after axle removed and bed on. Think I will tell CU to insure it. Thanks anyway.

Is is because of the state you are in? Blue Sky insured mine without a bed for 3 years prior to me getting a bed built. And I stayed tandem!

 

On edit: In Texas.

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It's Texas. I called Blue Sky, Farm (ones Jack uses), and my agent Twin Peaks. All same story. Can't help until converted. I assume I could remove hitch, install microwave and call it converted. I would have to miss a days work and drive 600 miles. Maybe two days. Insurance may be cheaper. Two week days is 1k plus cost of trip

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