Insure while restoring
I need your help. I have recently acquired a sweet 72 K5 that is going to be in storage until the fall when it will go through a complete frame off rotisserie. I'm really excited about this, however, I havent been able to secure storage insurance and I havent been able to find a company that will insure the completed project. I will have a 4" lift and 35s when finished. My company tells me they wont insure anything with a 3" or more lift. Can anyone tell me how/where to get insurance while it sits and during/after the build? Thank you
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Re: Insure while restoring
Grundy insurance is who I go through. They are very reasonable and alot better than hagerty!
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Re: Insure while restoring
it should be covered under your homeowner policy if it is not running. but verify and may need to take out additional coverage
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Re: Insure while restoring
Thank you 1972 Jimmy and Special-Ed, Hagerty wasn't any help so I will check with Grundy. My agent has told me that since I wouldn't be storing it at my home while waiting to start the project my homeowners wouldn't cover it.
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Re: Insure while restoring
That's odd. When I had stuff in storage my insurance company told me it was covered. They even covered money in a stolen purse about 25 years ago...the purse wasn't mine and it wasn't stolen out of my house.
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Re: Insure while restoring
I use state farm auto insurance and have a comprehensive policy that costs less than 2$ a month. It covers theft and vandalism while it is being restored no matter where i have it being worked on. I have it on nonop status at the moment.
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Re: Insure while restoring
I have USAA.. they have an insurance that covers non running (restoration) type vehicles... they didn't ask me about a lift or anything... and it's extremely inexpensive..so if you have somone in the family thats in the military I would check with them.
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Re: Insure while restoring
Thanks for the info!
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