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#1
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Check with American National as they might have what you need. Years ago I had accumulated a lot of parts for a restoration of an old Triumph plus a enough extras to build a couple more cars. My home owners policy would only cover parts that were specifically for that car I owned of which I had to prove I owned the car at that time if I had a loss. It would not cover more than one part for the car unless it used two of the particular item. They said I could probably get a policy for "collections". There were some drawbacks: higher premium, plus it had to be photographed and inventoried, then appraised by an expert. I got rid of my parts collection after the restoration because what I knew I wasn't going to build another plus the hassle of insuring all of it wasn't worth it to me. When I switched to American National I am almost positive the agent told me they cover any spare parts I have for my car plus collections if they were aware of it at the time the home owners policy is written. I just kept my autos with them as home is with Travelers.
JT
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Sitting on the back porch waiting to see what other stupid thing my neighbor can do................. |
#2
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I do think you bring up a great topic from an insurance perspective if there was a fire, as example. I have been wanting to have a sprinkler system installed in my garage, if my fire detector goes off, and I could turn that on with my iPhone. What good is it, that you can detect a fire, and do nothing timely about it.....
Then add in if you live in the midwest...and there is no easy way to drain the water out of your garage if you use it..when its below zero.... No idea how much a Halon system costs, nor would it even work....., maybe if it is zoned real well.... I look at using my insurance as a last resort, if I can help it. |
#3
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This is a very good topic I'd like to hear more about. Some of us have been collecting for so many years that an inventory would use up the rest of our lives. And what about every time you buy something else or sell something? A new inventory has to be given to the insurer? There must be a better (easier) way.
Verne [img]<<GRAEMLIN_URL>>/dunno.gif[/img] |
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