Reply
 
Thread Tools Display Modes
 
Old 01-19-2017, 08:33 AM   #1
Skoolie
 
Join Date: Feb 2014
Posts: 176
Professional or non professional conversion? Insurance

So I finally got around to pricing insurance on a bus I am interested in. Agent asked for the usual, VIN#, length, value, etc. But once she found a company that would carry it, they had a question on the conversion. Professional conversion, or non professional conversion. I asked what the premium difference would be? We were both surprised to see that a non professional conversion has a lower premium than a professional conversion. Huh??

Might this be because to repair or replace a pro done it would cost more? Or if it is non pro done, the insurance can use it as an excuse to get out of paying? This is for liability only coverage. Which is the other reason I was surprised. I only plan on liability as the conversion for myself, will be so cheap. What possible reason could there be for the premium difference when the insurance company is not covering my vehicle for damage anyway? Do pro conversions have a higher failure rate or something?
Deezl Smoke is offline   Reply With Quote
Old 01-19-2017, 08:43 AM   #2
Bus Nut
 
Rameses's Avatar
 
Join Date: Sep 2016
Location: Chapel Hill, NC
Posts: 855
Year: 2002
Coachwork: Blue Bird
Chassis: All American
Engine: Cummins 8.3/Allison MD3060
Rated Cap: 84
Maybe their studies have shown that someone driving a vehicle they've put a tremendous amount of their own time and energy into, drives it more carefully? That would account for a lower rate for liability.
Rameses is offline   Reply With Quote
Old 01-19-2017, 08:28 PM   #3
Skoolie
 
Join Date: Feb 2014
Posts: 176
That could be. I know they do those statistical studies. Maybe the pro done rigs end up as tailgater party buses too many times? I dunno. But I can see their studies having a lot to do with it for sure.
Deezl Smoke is offline   Reply With Quote
Old 01-20-2017, 07:46 AM   #4
Bus Nut
 
superdave's Avatar
 
Join Date: Mar 2015
Location: hills of sw virginia
Posts: 889
Year: 1996
Chassis: thomas
Engine: 8.3 cummins
Rated Cap: 11 window
a lot of companies will drop you if its a non professional job.
__________________
living in a bus down by the river.
my build pics
https://www.skoolie.net/forums/membe...albums942.html
superdave is offline   Reply With Quote
Old 01-20-2017, 09:07 AM   #5
Skoolie
 
Join Date: Feb 2014
Posts: 176
I would think so. But progressive apparently prefers non pro conversions and they will insure me for liability. At least they'll take my premium for it. Wont know if they'll pay until something happens. Then................
Deezl Smoke is offline   Reply With Quote
Old 01-20-2017, 09:51 AM   #6
Bus Crazy
 
Scooternj's Avatar
 
Join Date: Apr 2014
Location: EHT New Jersey
Posts: 1,134
Year: 2003
Coachwork: AmTran
Chassis: International 3000RE
Engine: T444E/AT545
Rated Cap: 75
Quote:
Originally Posted by Deezl Smoke View Post
I would think so. But progressive apparently prefers non pro conversions and they will insure me for liability. At least they'll take my premium for it. Wont know if they'll pay until something happens. Then................
Progressive Commercial or RV? If its RV, expect a letter in the mail saying your coverage has been revoked.

Foremost, who does all sorts of "weird" Insurance coverage (this from my cousin who's in the business), refuses to insure non or even semi-pro conversions.
__________________
Hey! That's not an RV, that's a school bus.
Well thank you for noticing, Captain Obvious

Captain Obvious on deviantArt
Scooternj is offline   Reply With Quote
Reply

Thread Tools
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
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


» Featured Campgrounds

Reviews provided by

Powered by vBadvanced CMPS v3.2.3

All times are GMT -5. The time now is 06:45 AM.


Powered by vBulletin® Version 3.8.8 Beta 4
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
×