Page 7 - Travelore Fall 2015 Issue 31

2004 2015
DRVC Travelore - Page 7
About RV Insurance Discounts
by Ron Jarvie, Overland Insurance
Most RV insurance providers have some discounts avail- able on the policies they write. The discounts offered will vary by company and by state depending on a variety of circumstances including approval of state insurance com- missions. Some carriers will also limit the total amount of discounts that can be applied to their policy.
I have listed common discounts found on RV insurance policies. These are found listed below. Note, however, that there is not one carrier that offers all of the dis- counts listed. Your insurance agent needs to know which discounts would apply so they can obtain the best pos- sible rate from each of the companies they represent. The discount values may make a difference in which carrier would provide owners with the best price. The discounts are divided into two groups: Driver and vehicle.
Membership and Financial Status
A very large number of our members still have a member- ship renewal date of November 1st. Since renewal invoices are sent 60 days in advance of membership expiration, well over half of our members changed from active to pending renewal on September 1st. With this information in mind, the following is the current membership situa- tion. We have 561 total members, 21 ForumPlus and 540 Regular as of September 8, 2015.
The Club has 38 “renewal overdue” members, one Forum- Plus and 37 Regular, who have not paid their dues since their memberships lapsed up to six months ago. Once a member has gone six months without paying dues their membership is suspended per FMCA rules.
Regarding our “1st Year Free” program for new FMCA members, in 2015 we have invited 625 new FMCA mem- bers to join; 105 in March, 105 in April, 111 in May, 107 in June, and 97 in July. Thirteen have accepted the offer (the offer is still open until October 18th to 304 of them) which is a 2.4% acceptance rate. The acceptance rate for 2014 was 2.8%. In 2013, the acceptance rate was also 2.8%. Importantly, of the 23 who accepted a free member- ship in 2013, 15 (65%) have subsequently renewed their paid membership.
We have also instituted a free 1st year membership program for purchasers of Entegra coaches, and for pur- chasers of coaches from RV One dealerships. So far we have received one new membership through the RV One program.
All bills and expenses related to the Rally in the Dells have been paid as well as the refunding of any rally fees owed due to cancellations. This leaves the Club in the following financial positions. As of the due date of this publication, the balances are as follows: $59,314.46 in the Bank of America checking account, and $1,719.10 in the PayPal account. A breakdown of theses funds follows.
Owner/Driver Discounts:
• RV Club Member
• CDL/Safety Course
• Advance Quote or
Purchase
• 3+ Years of Experience
• Home/Condo
Ownership
• Good Driver (clear
MVR)
• Multi Policy
• Premium Paid-in-Full
• Original Owner
• Prior Insurance
Coach/Vehicle Discounts:
• Audible Anti-theft Alarm
• Anti-lock Brake System • Driver Side Airbag*
• Fire Suppression System • LPG Detector/with Auto
Shut-off**
• Garaged Motorcoach*** * Airbag must deploy from
steering wheel (not a chassis
airbag)
** LPG Detector must include
solenoid at tank turning off
gas
*** Garaged is limited to a
“metal skin” coach located in a hail prone area.
Total cash on hand: Accounts receivable:
Dues:
0-30 Days
31-60 days 61-90 days 91+ days Total
Rallies:
0-30 days
31-60
Total Accounts payable:
$ 5,325.00 $ 150.00 $ 200.00 $ 775.00
$ 464.00 $ 332.75
$ $
$
$ $
61,033.56 7,246.75
6,450.00
796.75 0.00