I have a 1964 chevy pick up that I am restoring,,I just got a letter from my homeowners insurance?

Question

that said I had to remove the inoperable vehicle,,my agent says he dont know what to do

do any of youy have a suggestion

If you have looked ,I am in Texas and my county is about a 100 years behind most,,we dont have a homeowners association ,,we cant even spell that,,I would put it in the garage but I have my Mustang there,,I have my 59 El Camino in the shop, and the barb wire fence does not hide anything,,
the only legitimate excuss was the child thing so I will lock the doors, if it was a nascar racer would it be "an inoperable vehicle"
this is a new policy,,4 months in and an inspector came to the house last week and did inspection

Answer 1

Yep, that's definately an "attractive nuisance", and you'll have to do something about it. I'd put the mustang in storage somewhere else, so you have this car in your garage.

They WILL cancel you. Locking it up isn't going to fix the problem.

And the barbed wire .. . well, that's going to be ANOTHER problem. Kids get hurt climbing those fences, ya know?

Answer 2

Sounds like you may have a fun project. If you are actually in the process of restoring it, send your insurance a letter explaining the date purchased or acquired, the work completed toward restoration and a REASONABLE timetable toward completion of the project. This should answer their concerns. Also, having it stored in a blocked off space like a garage or shop or even behind a secure fence will help.

If on the other hand, you have this treasure sitting on blocks in your yard and are waiting until you "get around to it" to restore the vehicle, the insurance company may see this as a liability to your policy. It becomes an "attractive hazard" to children who, being children, don't appreciate the potential danger of an un-restored vehicle such as you have.

One possible avenue around the "going to get around to it" scenario is to move the vehicle to a locked storage facility if you can''t put it in your own garage or shop area.

Just remember to be realistic about what you are currently doing toward restoring the vehicle. Another possibility is to take out a separate insurance policy to cover this vehicle during the restoration process. You may have to search for such a policy but they are out there and it would also show your home owners insurance that you are serious about this project and not simply storing a wreck on your property.

Good luck with the restoration.

Answer 3

Your agent is lying.

If you want to keep that homeowner insurance, you need to put a current plate on the car, and get BI/PD insurance on it. The definition of an "inoperable vehicle" is that it *legally* cannot be operated on public roads; if it's licensed and insured, it's not inoperable, even if there's no engine under the hood.

Or you can find another homeowner insurance company.

Answer 4

I have not heard of the homeowners insurance seeing peoples property , unless it is a local guy .
Are you maybe in a PUD ? and the notice is from the Home Owners Association management team ?
They are the ones that have rules about vehicles .

If it is really from your insurance company , change companies .
Lots of them out there and very competitive rates right now .
You might even save some big bucks !

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Answer 5

as long as you have tags on it its not considered inoperable but maybe you should get car insurance on it if you dont already have it