why insurance is a good idea, burned 914 |
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why insurance is a good idea, burned 914 |
larryM |
May 14 2018, 10:47 PM
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#1
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emoze Group: Members Posts: 891 Joined: 1-January 03 From: mid- California Member No.: 65 Region Association: Northern California |
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mmichalik |
May 15 2018, 12:18 PM
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#2
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MikeM Group: Members Posts: 689 Joined: 27-January 16 From: Valley Center, CA Member No.: 19,600 Region Association: Southern California |
(IMG:style_emoticons/default/agree.gif) most of our cars in progress don’t carry insurance. Check with your homeowners to see if you are covered. This is very true. I have my insurance through State Farm and when we had the big fire here in December of 2017, I called to verify what would happen. I was told that home owners would not cover the car and for a nominal $6.00 a month more, I would be covered if the house burned down. After agreeing on a stated price / value for the car, I think I ended up paying something closer to $7.50 a month. Very small per month cost and coverage if you ever need it because home owners (at least mine) would not have covered it. And well worth it if you have to file a claim. |
mepstein |
May 15 2018, 01:00 PM
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#3
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914-6 GT in waiting Group: Members Posts: 19,239 Joined: 19-September 09 From: Landenberg, PA/Wilmington, DE Member No.: 10,825 Region Association: MidAtlantic Region |
(IMG:style_emoticons/default/agree.gif) most of our cars in progress don’t carry insurance. Check with your homeowners to see if you are covered. This is very true. I have my insurance through State Farm and when we had the big fire here in December of 2017, I called to verify what would happen. I was told that home owners would not cover the car and for a nominal $6.00 a month more, I would be covered if the house burned down. After agreeing on a stated price / value for the car, I think I ended up paying something closer to $7.50 a month. Very small per month cost and coverage if you ever need it because home owners (at least mine) would not have covered it. And well worth it if you have to file a claim. This is something that happens all the time. Guys spend years on restorations or conversions and a fire, fallen tree or flood take it all out in minutes. |
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