47-55.1 When do you get insurance involved?

[JDarby]

All,

At which point do you start to get insurance involved in your build?

I ask because we have had a very unusually wet / tornatic / high winds type of spring
and with my truck sitting in my builders garage
wondering if a tornado was to lift his garage and break my truck into thousands of pieces, my loss would be devastating to me.

At what point do ya'll start to cover your build insurance wise during your build?

I called today but after a 10 min. wait I bailed.
I will try again tomorrow, the # in my back pocket exceeds my comfort level

[Hcb3200]

Call your homeowners first. It often covers what is stationary at the home. Like when a tree banana my daily one time When it’s rolling or can be stolen as a tow or driver then it is auto. Of course policies vary. But that my experience

[nvrdone]

I had the same question with my '49. Had it covered for just pl & pd with a major company and my agent recommended I switch to Haggerty. I now have agreed value coverage which covers the truck whether I'm driving it or it's stored in the garage. Every year I increase the coverage depending on what I've done to the truck. The rates are less than half of what I paid before. Might be worth a call.

[leegreen]

I put 'storage insurance' on mine as soon as I started to get serious about working on it.
-With our provincially mandated primary insurer this was a way to make sure I could still insure it 40 or so years after I bought it and transferred to my name.
-it covered it from damage
-I bought liability insurance for it, in case there was a shop fire or something so I could have home and auto insurers fighting each other rather than telling me I wasn't covered.

that only costs $130 Canadian $ a year, peanuts in the overall cost. And our rates are supposed to be among the highest in NA