Insurance on contents stored contained by your shed.?
My husband and I have a place at the river that we go too every other weekend. We hold two storage sheds, one holds our golf cart the other all of his tools and riding mower. My cross-examine is, can we get some type of insurance on these, should something happen while we are not in attendance?
Answers:
Your insurance broker can attach these to the insurance you have on the home there. The cost will be nominal. Give him a name and he can work out the details for you. Source(s): I'm a licensed broker.
If you enjoy a homeowners policy at your primary place of residence personal property off premises is covered automatically. If your place at the river could be considered a secondary residence your personal property factor would be limited to 10% of the contents limit of your primary homeowners policy. Any loss, as you would expect, would be subject to your deductible.
P.S. As your property at the river is not vacant property you should discuss this second property with your agent to cover the possible liability exposure. Source(s): 35 years insurance industry experience
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Is your place at the river insured? If so, you can add "other structures" and "personal property" insurance that covers the sheds and its contents. You'll just have need of to estimate the value of those items in grip of a total loss. They will probably want to know if you lock the sheds, what the area around them is like, etc. If you don't insure your place at the river, consequently you'll need to obtain insurance on the actual home and tag on the additional. Source(s): I have this type of insurance
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Answers:
Your insurance broker can attach these to the insurance you have on the home there. The cost will be nominal. Give him a name and he can work out the details for you. Source(s): I'm a licensed broker.
If you enjoy a homeowners policy at your primary place of residence personal property off premises is covered automatically. If your place at the river could be considered a secondary residence your personal property factor would be limited to 10% of the contents limit of your primary homeowners policy. Any loss, as you would expect, would be subject to your deductible.
P.S. As your property at the river is not vacant property you should discuss this second property with your agent to cover the possible liability exposure. Source(s): 35 years insurance industry experience
clear all doubts visit this website http://theinsurancegroup.blogspot.com
My suggestion is trying to absorb as much information as you can before making up your mind,here http://www.insuranceidea.info/free-insurance.htm is a apposite one.
Is your place at the river insured? If so, you can add "other structures" and "personal property" insurance that covers the sheds and its contents. You'll just have need of to estimate the value of those items in grip of a total loss. They will probably want to know if you lock the sheds, what the area around them is like, etc. If you don't insure your place at the river, consequently you'll need to obtain insurance on the actual home and tag on the additional. Source(s): I have this type of insurance
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