Comp Insurance while in storage?
01-20-08, 02:30 PM
#1
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Comp Insurance while in storage?
I have always kept comp insurance on my SE while it sleeps during the winter without really thinking about it. Is there really a point? It's not really modded and I would probably be lucky to get a grand for it if something happened and it got totaled, does anybody else keep comp on theirs in storage? Do you feel it's worth the money?
01-20-08, 05:06 PM
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It can get stolen etc. It's your decision on what you want.
I don't have anything but basic liablity on Rusty because she's about to be turned into a personal parts store. But if I had a nice 7' that was top shape I would not think twice about full coverage. **it happens.
edit add: BTW make sure it's stored in the same zip code otherwise double check with your insurance carrier. If stored off zip you might be suprised that it's not covered.
I don't have anything but basic liablity on Rusty because she's about to be turned into a personal parts store. But if I had a nice 7' that was top shape I would not think twice about full coverage. **it happens.
edit add: BTW make sure it's stored in the same zip code otherwise double check with your insurance carrier. If stored off zip you might be suprised that it's not covered.
01-20-08, 06:26 PM
#4
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there was a thread a while back about a guy that lost his due to a kid lighting a building on fire. the whole place went up and the car was totally gone. even if it was just a parts car i would want it insured.
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