Sorry if this is in the wrong subforum but I figured it could kinda fit in here...
Who has insurance on their truck that is in parts sitting either in their yard or their garage. As I start to invest quite a bit of time and money into my Carryall, it has dawned on me a concern of insurance coverage. The truck is being worked on inside of my detached garage but at the same time its still considered a vehicle. I remember when I purchased my homeowners insurance, something about the vehicle in the garage not being covered by the homeowners insurance but the vehicle insurance would cover it instead. This would prevent my homeowners insurance for being liable for someone elses vehicle being in my garage or driveway if the house burnt down. So, with that in mind, I called today to ask about the detached garage and the fact that I have an incomplete vintage WWII truck in a state of quite impressive disrepair. The girl I spoke with informed me that since I now had a legitimate title for the vehicle and the jurisdiction I live in is charging me personal property tax for a vehicle that in order for it to be insured by a policy that it must have an automotive policy on it and that the homeowners policy will not cover it if my garage were to have a tree fall on it, or if the whole place were to burn down. The non-vehicle items in it would be covered such as my tools and materials but anything regarding the truck would have to be under a vehicle specific clause.
This raised another point. The vehicle in question would be assigned a value based on the VIN, Mileage, and year and make. I asked her if she knew what a 1942 WC53 Carryall is and if they even had that in their NADA guide book or whatever. She said that it would take contacting a special agent to be able to assign a value to the truck. One thing that I did do that was smart was when I filled out the paperwork for the title correction, I had the truck changed to Diesel on the title so that way if something were to happen, they would need to find me a Diesel carryall or pay out the value of such a vehicle. This narrows my pool of vehicles to a pretty narrow window. I forsee an insurance apraisalist visiting my home on the regular just to keep myself protected.
I know this seems super paranoid, but the whole reason I was able to obtain this truck was based on an insurance company completely bailing on their obligations to the previous owner and I really don't want something to happen to this vehicle again and for me to be left standing there with a destoyed truck and nothing to show for it.
So who has insurance on their project? Any hoops to jump through? Special policy? Whats your situation?
Who has insurance on their truck that is in parts sitting either in their yard or their garage. As I start to invest quite a bit of time and money into my Carryall, it has dawned on me a concern of insurance coverage. The truck is being worked on inside of my detached garage but at the same time its still considered a vehicle. I remember when I purchased my homeowners insurance, something about the vehicle in the garage not being covered by the homeowners insurance but the vehicle insurance would cover it instead. This would prevent my homeowners insurance for being liable for someone elses vehicle being in my garage or driveway if the house burnt down. So, with that in mind, I called today to ask about the detached garage and the fact that I have an incomplete vintage WWII truck in a state of quite impressive disrepair. The girl I spoke with informed me that since I now had a legitimate title for the vehicle and the jurisdiction I live in is charging me personal property tax for a vehicle that in order for it to be insured by a policy that it must have an automotive policy on it and that the homeowners policy will not cover it if my garage were to have a tree fall on it, or if the whole place were to burn down. The non-vehicle items in it would be covered such as my tools and materials but anything regarding the truck would have to be under a vehicle specific clause.
This raised another point. The vehicle in question would be assigned a value based on the VIN, Mileage, and year and make. I asked her if she knew what a 1942 WC53 Carryall is and if they even had that in their NADA guide book or whatever. She said that it would take contacting a special agent to be able to assign a value to the truck. One thing that I did do that was smart was when I filled out the paperwork for the title correction, I had the truck changed to Diesel on the title so that way if something were to happen, they would need to find me a Diesel carryall or pay out the value of such a vehicle. This narrows my pool of vehicles to a pretty narrow window. I forsee an insurance apraisalist visiting my home on the regular just to keep myself protected.
I know this seems super paranoid, but the whole reason I was able to obtain this truck was based on an insurance company completely bailing on their obligations to the previous owner and I really don't want something to happen to this vehicle again and for me to be left standing there with a destoyed truck and nothing to show for it.
So who has insurance on their project? Any hoops to jump through? Special policy? Whats your situation?
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