When I purchased my motor home, 2007 Fleetwoood, Providence, I let the dealer do the financing which made it easy. They financed it through BB&T Bank. I insured the motor home w/ USAA which worked out great, but the rate jumped a little and they didn't have a storage option.. So I went in search of another company. That company was GMAC through Good Sams. The rate was good and they had a storage option. However! when I returned from a trip to New England I cleaned the motor home and parked it in a secure storage lot. I then notified the insurance company to put my motor home in storage. That's when I ran into a problem with BB&T. I received a letter stating that my motor home was underinsured.
I called to find out what the problem was and was told the they (BB&T) do not insure motor home in storage and will not honor that option and that the motor home has to be fully insured, while it is financed with them! I said that it does not make sense to fully insure a motor home when it is in a secure, lighted, monitored with cameras facility, and not driven on the roads.. The answer was "that's our policy and if you don't fully insure it we will." Needless to say I am going to refinance my motor home and never never recommend BB&T for anything.