Suppose you have a project car in the garage. It’s not insured, it’s not really road-worthy, it needs a lot of work before you can get behind the wheel again, so of course, you don’t have it covered on your auto insurance policy.
Now, suppose your Dallas, TX home burns down, and you lost the project car in the fire. The question is: Will your home insurance cover it?
If your car is not licensed for road use, and if your home insurance provider has been informed that you have a non-running car in the garage, and it’s included on your inventory, you might be covered. In this instance, it would typically be treated like any high-value item, like jewelry or antiques.
But the key is that this car is not licensed for road use. If you have a license plate on it, then it’s probably not going to be covered without auto insurance.
In short, getting a non-running car covered under your home insurance policy is usually an option, but only if it is absolutely not a working, licensed auto.
For many homeowners, it makes more sense to simply cover the non-running car under their normal policy. This way you can be sure you’re protected, and when you do get it running again, you’re already covered and legal to drive, and you don’t need to make the extra call to your home insurance agent to let them know you’re switching the car over to your auto provider.
If you have any questions about getting covered with home insurance in Dallas, TX, call D&B Insurance Solutions. D&B Insurance Solutions can get you a good deal on a great policy.