Portable Generator Insurance?
Anybody insure their portable generators? Talked with State Farm today and am trying to figure out what the best option is. A personal item policy (similar to insuring a watch) is one option that ha...
Forum Discussion
doxiemom11 wrote:
Your homeowners policy would probably already cover it minus your deductible up to the limitation when away from your own premises. You would have to find out what that amount would be from your homeowners agent. Typically 10% of the amount for contents you have at your home.
Most homeowner's policies have $1,000 deductibles. Most claims on portable generators would not be worth it on such a policy. The potential hikes and or cancellations would not be worth the small amount reclaimed after the high deductible. If you want coverage, I would continue to look at the contents coverage you are already examining. Make the most sense to me.
