Insurance for storage ONLY?
#1

Hey all,
Hope you all are having a great start to your new year. So things are getting pretty dry here in Austin, TX. My local ramp was pretty sketchy last year and the water has only continued to decline. I am fully anticipating not being able to use my boat without having to make extra effort with marinas etc. The icing on the cake is some new personal things have come up that don't lend themselves to a ton of boating. I love my Donzi 35 ZR...I think the opportunity cost of selling it to sit out a year outweighs just buttoning it up in storage for a year.
I am curious, are there any insurance policies that cover it to simply sit in my enclosed shop? The full policy is obviously not super cheap with any carrier I've got quotes from. I'm sure I'm not the first guy to want to wait out a year but not spend a good chunk of change.
Hope you all are having a great start to your new year. So things are getting pretty dry here in Austin, TX. My local ramp was pretty sketchy last year and the water has only continued to decline. I am fully anticipating not being able to use my boat without having to make extra effort with marinas etc. The icing on the cake is some new personal things have come up that don't lend themselves to a ton of boating. I love my Donzi 35 ZR...I think the opportunity cost of selling it to sit out a year outweighs just buttoning it up in storage for a year.
I am curious, are there any insurance policies that cover it to simply sit in my enclosed shop? The full policy is obviously not super cheap with any carrier I've got quotes from. I'm sure I'm not the first guy to want to wait out a year but not spend a good chunk of change.
#3
Registered

I was able to save close to 50% by changing coverage to storage only while i have the 37 in my warehouse for upgrades / maintenance.
Covers transport too if i need to move to a specialized shop.
Only risk is if i drop it in for a test or to run it not covered for accident or liability.
Call your broker and ask
Covers transport too if i need to move to a specialized shop.
Only risk is if i drop it in for a test or to run it not covered for accident or liability.
Call your broker and ask
#4
Registered

I have even been doing the same thing with my vehicles. Because we aren't driving due to the pandemic, I called my agent and put them in storage, saved me a ton.
#5
Registered

Hey all,
Hope you all are having a great start to your new year. So things are getting pretty dry here in Austin, TX. My local ramp was pretty sketchy last year and the water has only continued to decline. I am fully anticipating not being able to use my boat without having to make extra effort with marinas etc. The icing on the cake is some new personal things have come up that don't lend themselves to a ton of boating. I love my Donzi 35 ZR...I think the opportunity cost of selling it to sit out a year outweighs just buttoning it up in storage for a year.
I am curious, are there any insurance policies that cover it to simply sit in my enclosed shop? The full policy is obviously not super cheap with any carrier I've got quotes from. I'm sure I'm not the first guy to want to wait out a year but not spend a good chunk of change.
Hope you all are having a great start to your new year. So things are getting pretty dry here in Austin, TX. My local ramp was pretty sketchy last year and the water has only continued to decline. I am fully anticipating not being able to use my boat without having to make extra effort with marinas etc. The icing on the cake is some new personal things have come up that don't lend themselves to a ton of boating. I love my Donzi 35 ZR...I think the opportunity cost of selling it to sit out a year outweighs just buttoning it up in storage for a year.
I am curious, are there any insurance policies that cover it to simply sit in my enclosed shop? The full policy is obviously not super cheap with any carrier I've got quotes from. I'm sure I'm not the first guy to want to wait out a year but not spend a good chunk of change.
My 2 cents.
Devin Wozencraft
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abones (01-26-2021)