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Bus Topics ( click here for quick start! ) / Re: Where to sell a bus?
« Last post by luvrbus on Today at 08:28:50 AM »
Even with a stated value Progressive has a out it's in your policy they pay the value as fair market value deemed by the adjuster at the time of the accident. Johnathan had agreed value of 50k on his MCI 7 towed to my place he got $13,800.00 in the end after all the deductions with Progressive, agreed on value is good to have if you are in a accident and it is not your fault the other person insurance will usually pay that value or at least the limit on the other persons insurance ,if the person has a $15.000 limit then the fight begins with your carrier       
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So many variable involved in insurance that it's nearly impossible to make accurate comparisons. State laws rule over insurance, and no two states are the same. Some companies will offer coverage in one state but not a few miles over in the next state.

We have full coverage on our bus through Progressive with a stated-value policy set at $60,000. Annual policy is about $1,300 for everything.

One thing that we did that many don't is work through a good independent insurance agent. Our agent had contacts in the underwriting department and was able to help hand-walk my application through the process so that it didn't get hung up by some low-level pencil pusher afraid of a bus.

Lots of people try getting insurance on their own by contacting the companies directly, and the initial phone rep often turns it down after finding out it's a bus.
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Bus Topics ( click here for quick start! ) / Re: Where to sell a bus?
« Last post by luvrbus on Today at 06:14:59 AM »
You have to read the policy fine print good insurance costs a bundle .what amazes me are the ones driving these beasts with minimum liability coverage ,the deductible on some people  insurance is more than the bus cost.One has to do the home work and shop for good insurance that is one place you get what you pay for,wish I paid 20 to 50 bucks a month I did drop Progressive and their $8000 a year BS though.Here in AZ you can call and have the liability part put on hold when you are through traveling I have friends that do that and get 3 or 4 years for 1 year of premium I am sure other states have that also   
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Bus Topics ( click here for quick start! ) / Re: Where to sell a bus?
« Last post by hogi6123 on Today at 05:38:44 AM »
So you're saying your collision coverage caps at $20,000?
We do that with Foremost since 1979. Ours caps at $30,000. Since retirement we only full coverage it when on major trips (FL - AK - FL) otherwise we leave just basic liability on it.

I didn't ask the details, since I've never asked for any payouts from insurance and don't expect to ever do so, but I think that's probably correct.
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Bus Topics ( click here for quick start! ) / Re: Where to sell a bus?
« Last post by dtcerrato on Today at 05:18:22 AM »
So you're saying your collision coverage caps at $20,000?
We do that with Foremost since 1979. Ours caps at $30,000. Since retirement we only full coverage it when on major trips (FL - AK - FL) otherwise we leave just basic liability on it.
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Bus Topics ( click here for quick start! ) / Re: Where to sell a bus?
« Last post by hogi6123 on Today at 05:08:10 AM »
I have full comprehensive coverage on my bus.  It's only $23/mo, I told them I paid $20000 for the bus.  COUNTRY Financial.

COUNTRY only adds about 10% for comprehensive.  I was amazed when I found this out, with my last company, comprehensive doubled the cost so I had liability only.
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Bus Topics ( click here for quick start! ) / Re: Where to sell a bus?
« Last post by tr206 on Today at 04:17:35 AM »
As far as insurance goes I bought my 68 eagle over 3 years ago I have Progressive  it was 35.?? a month for the first year and now its been 47.?? a month since. Hope I didn't just jinx it but seems reasonable. That's with full coverage because I have a loan on it.
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Bus Topics ( click here for quick start! ) / Re: Where to sell a bus?
« Last post by chessie4905 on July 28, 2021, 11:13:57 PM »
What is mostly killing sales it trying to find insurance, and at a reasonable price. Forget about collision on older ones. The cost would be very high, even if they offer it.
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Bus Topics ( click here for quick start! ) / Re: Where to sell a bus?
« Last post by windtrader on July 28, 2021, 10:28:27 PM »
Well, it seems the same old story and same old trend - old bus conversions not getting much love and prices not improving. Funny you mention tires as a negotiating topic. I played that card when I got mine. Tires were just aging out at 8 years. So, the seller knocked off a couple more thousand for the tires. But is a fact if you are going to keep aged out tires off the bus then 8 tires out the door is minimum $4,000. I started the annual purchase of two tires and on the last cycle this coming year. So, yes, it is a real cost and a smart buyer will add this into the price haggling.
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Bus Topics ( click here for quick start! ) / Re: Where to sell a bus?
« Last post by buswarrior on July 28, 2021, 07:47:18 PM »
So, a busnut buys a $7500 coach, and puts $7000 of new tires under it.

Is this now a $14 500 bus?

Not even close...

Luvrbus has been playing longer than me, and i have been here 20 years, and those we knew who played before the internet...

The only result when it comes to selling a coach is a loss of some magnitude.

Smoke 'em if you got 'em...

Happy coaching!
Buswarrior




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