Journey with Confidence RV GPS App RV Trip Planner RV LIFE Campground Reviews RV Maintenance Take a Speed Test Free 7 Day Trial ×
 

Go Back   Montana Owners Club - Keystone Montana 5th Wheel Forum > GENERAL DISCUSSIONS > Insurance
Click Here to Login

Reply
 
Thread Tools Search this Thread Display Modes
 
Old 02-10-2021, 11:30 AM   #61
dfb
Montana Master
 
Join Date: Mar 2015
Location: Gardnerville
Posts: 1,250
M.O.C. #17163
Quote:
Originally Posted by kowbra View Post
I can see both sides of this coin; for those who say they will self insure because they have the means to recover their loss, it makes sense.
The fly in the ointment nowadays is that it's hard to self insure for liability. In a worst case scenario where you had an at fault accident, maybe you can stomach the $100k+ loss of truck and trailer. But what if you are sued for millions? End of your lifestyle as you know it.
For those who don't plan to get into an accident? No one plans to get into an accident, and all it takes is for the first one to be a bad one.

To be clear, each one can make their own choice and each one accepts their own level of comfort with risk. I'm only suggesting that the risk is higher now than it used to be, so make sure you are considering the true "worst case" scenario when you decide.

I used to only buy the minimum insurance required in our province. But now that I am older and have way more means than when I was younger, I actually buy more insurance. Yes, now I can afford to self insure the loss of the vehicle, but I also have a lot more to lose if I was sued. And because I have more, I think the likelihood of being sued is higher.
I still don't plan to get in an accident, and drive very defensively

Just MHO...

Brad
Old saying in Tort Law.. You can win, but try to collect...
 
dfb is offline   Reply With Quote
Old 02-10-2021, 02:15 PM   #62
mlh
Montana Master
 
Join Date: Oct 2004
Location: Salem
Posts: 7,528
M.O.C. #2283
I had a million dollar umbrella policy. I ask my agent if I needed it. She said she had been in the business for 25 years and had never had a law suit against a client that exceeded them standard policy so no I didn’t need it.
Lynwood
__________________
www.harrellsprec.com
Lynwood Harrell
323 RL HC 2008 F250
mlh is offline   Reply With Quote
Old 02-10-2021, 06:03 PM   #63
sourdough
Montana Master
 
Join Date: Mar 2020
Location: Lamesa
Posts: 621
M.O.C. #26010
Quote:
Originally Posted by mlh View Post
I had a million dollar umbrella policy. I ask my agent if I needed it. She said she had been in the business for 25 years and had never had a law suit against a client that exceeded them standard policy so no I didn’t need it.
Lynwood
I don't know what the minimums are in your state but in TX I believe the minimum liability requirement is 15k liability. If your agent hasn't seen a settlement larger than that she has a pretty protected clientele seems like.

I carry max liability allowed in TX (300k) on everything I own and then a 5M umbrella policy. I'm not a gambler and don't want MY money depleted by some lucky miscreant. It only takes once and the cost of the insurance is peanuts for the peace of mind IMO. I know some folks view insurance as a waste of money, but, I have known folks that thought that and ended up destitute because of their lack of insurance and cash to back it up.
__________________
Danny and Susan wife of 55 years
2019 Ram Laramie 3500 6.4 4x4 CC 4.10 SRW
2020 Montana High Country 331RL
sourdough is offline   Reply With Quote
Old 02-11-2021, 11:40 AM   #64
mlh
Montana Master
 
Join Date: Oct 2004
Location: Salem
Posts: 7,528
M.O.C. #2283
Thanks but our minimum requirement I think is at least a 100 K. With a 5 M policy maybe you should see if it’s really necessary. My agent said I didn’t need it wondering what your agent would say, if they were being honest.
Lynwood
__________________
www.harrellsprec.com
Lynwood Harrell
323 RL HC 2008 F250
mlh is offline   Reply With Quote
Old 02-11-2021, 08:56 PM   #65
sourdough
Montana Master
 
Join Date: Mar 2020
Location: Lamesa
Posts: 621
M.O.C. #26010
Quote:
Originally Posted by mlh View Post
Thanks but our minimum requirement I think is at least a 100 K. With a 5 M policy maybe you should see if it’s really necessary. My agent said I didn’t need it wondering what your agent would say, if they were being honest.
Lynwood

I don't ask my agent anything pertaining to my personal well being, I just tell him. He has no clue what I do, where I go and what I might encounter....and he certainly isn't going to bail me out if he's wrong....so I do my own due diligence. JMO.
__________________
Danny and Susan wife of 55 years
2019 Ram Laramie 3500 6.4 4x4 CC 4.10 SRW
2020 Montana High Country 331RL
sourdough is offline   Reply With Quote
Old 06-21-2021, 06:53 PM   #66
Jim in Halifax
Established Member
 
Join Date: Jun 2021
Location: Halifax
Posts: 41
M.O.C. #28988
2021 3780rl

just purchased the above unit...Specs say 1 Black and 1 Grey tank......

in hose connect area we have a grey and a black handle.......BUT over by the sewer hose connection there is another grey handle.....MY????....What is this for???
Jim in Halifax is offline   Reply With Quote
Old 06-21-2021, 07:15 PM   #67
kowbra
Montana Master
 
Join Date: Jul 2020
Location: Battleford
Posts: 627
M.O.C. #26690
Quote:
Originally Posted by Jim in Halifax View Post
just purchased the above unit...Specs say 1 Black and 1 Grey tank......

in hose connect area we have a grey and a black handle.......BUT over by the sewer hose connection there is another grey handle.....MY????....What is this for???

Hey Jim, welcome!



Just an FYI, as this is off topic of the original thread, would be better to start a new thread with your question.



But, because it's a simple answer, here it is... your unit (and most -all?- Montana's) have a grey tank for the sink. The black and shower grey tanks run lengthwise between your drop bay frame, beneath the main storage bay, so their levers are in the water bay. The sink grey runs sideways closer to the axles, so the handle is near the sewer connection. (and, your fresh water is behind the axles, and you'll notice a drain cock behind one of the rear tires, and a vent on the side of the unit...)



hth!


Brad
__________________
2021 Montana 3790RD, Legacy, Super Solar Flex
2020 RAM 3500 Limited, HO
kowbra is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

» Featured Campgrounds

Reviews provided by

Powered by vBadvanced CMPS v3.2.3
Disclaimer:

This website is not affiliated with or endorsed by Montana RV, Keystone RV Company or any of its affiliates. This is an independent, unofficial site.


All times are GMT -6. The time now is 09:20 AM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2024, vBulletin Solutions, Inc.