I had an amusing encounter recently with a Liberty Mutual insurance agent. It seems that Liberty Mutual has some kind of business relationship with my employer and a representative appears in the cafeteria once every couple of months to drum up business. I took the opportunity to inquire into getting insurance coverage for the RV. The things that are making insuring the coach difficult are (1) it will be in NH for summer 2012, (2) it will not be registered to be on the road until the fall of 2012 and (3) we plan to live in it starting in the fall of 2012.
So far I have not found anyone that will insure it under this combination of circumstances. I was told by my personal insurance agent that my current carrier, Travelers, would not touch it but that she could get me coverage under another no-name carrier if I agreed to switch ALL my coverage – home, auto, rental property – to the new carrier. Somehow the idea of completely uprooting all my current coverage to simply add coverage for a new vehicle made no sense.
But the response from the Liberty Mutual agent was even more amusing. Yes, she said, Liberty Mutual will be happy to cover your coach… SO LONG AS IT REMAINS IN YOUR DRIVEWAY.
I pondered that for a moment, then said “So you will cover it so long as I don’t use it?” She had to agree that that was a pretty accurate characterization.
Idiots.
Anyway, I have written a page that covers the income/asset side of the budgeting process: “Budgeting for Real – Income and Assets”. It isn’t the most entertaining of the pages, but I had to do it. Now I can concentrate on funner stuff.