I compared my current Foremost policy to GMAC, and here is what I received:
2006 TRAI HEARTLAND 3400 5TH
Other Than Collision $250 Deductible
Towing And Labor Costs $75
Collision $500 Deductible
Personal Effects $3,000
Based on the information you provided and the above coverages, the total cost to insure your vehicle(s) for six months is $283.00. (NOTE - Liability coverages for non-motorized vehicles are assumed by the towing vehicle.)
When I called to compare line by line, I was told the premium would be reduced to $255/6 months if I paid in full for those 6 months. In addition, I could reduce the monthly amoritized cost by $18.50 for each month it is parked, for me that is 6 months. That brings the total annual premium to $399.
The policy replaces my trailer with like brand and model for the first 5 years following manufacture, and then re-imburses the purchase price for years 6-10. I am going to switch, I am paying nearly $600 now.