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
BarabooBob wrote:
I don't try to insure everything that I own. I also don't buy extra extended warranties on stuff that I buy. I could probably buy a quarter of my used stuff for what the warranties and insurance would cost. I haven't lost or had anything stolen yet so I am way ahead as far as cost goes.
I have too much stuff to insure it all.As far as liability insurance goes, I have a good umbrella policy and make sure to get in writing that I am covered while using something.
I don't typically do it either, but if the price is right I'm all over it. One of two things sounds like it may happen here. If it is covered under my contents coverage this will essentially be free since I'm already covered there. If I go the personal item route it will probably cost 20-30 bucks a year to insure a $2100 generator. I travel with it in my truck all the time and leave it at our hunting property at times so I think the price is right for piece of mind if either of those two options pan out.
