People looking for fact are not NaySayers.
Hopefully this answers you questions on the insurance.
Questions
Different Types of Coverage Possibly Needed
One for the project while it is under construction. Vandalism, Theft, Fire, Flood, etc
One for the the People who are working on the rig
One for the actual Property/Business and owner of the Property/Business that the vehicle is being worked on.
One for transportation of the Rig from Event to Event.
Answers
1. the project while it is under construction. Vandalism, Theft, Fire, Flood, etc
– Currently we only have a liability only policy. K & K would have to quote an actual auto policy on this – max premium for the year would be $500.
2. for the the People who are working on the rig
– No, current policy would not cover people working on the rig. If the work is done in a professional garage, this would be covered under that garage’s commercial policy. If it being worked on at a personal home, that injury would be covered by that homeowner’s insurance. Our policy does not cover this type of stuff.
3. for the actual Property/Business and owner of the Property/Business that the vehicle is being worked on.
– see answer to number 2 We cannot get a policy for this. We can purchase a physical damage policy alone & that would be $500 but again, that only covers damage done BY the vehicle. If we buy both a physical damage & auto policy we would spend $1000 for the two to cover the year of 2010.
4. for transportation of the Rig from Event to Event.
– It will be covered by whomever’s vehicle is towing the rig. Any add’l that that person’s insurance wouldn’t cover, would be covered by our insurance.
5. ?add a rider policy specific to the owners of the property and the actual address that the vehicle would be worked on??.
– again, see number 2. We do not have a garage policy, we have an event liability policy. Not a garage keeper’s policy.
If we buy liability & physical damage policy on this vehicle, if the vehicle rolled off a lift from someone else’s garage & rolled downhill into someone else’s vehicle or God forbid, a human then the dual coverage from the physical policy & auto policy would cover that damage. Even if we buy both coverage’s, none of them will cover anybody that may get hurt while working on it UNLESS the vehicle itself physically caused that damage.
6. clarity on the “social gathering” stuff see if that covers it getting built? .
– Social gathering coverage only provides coverage for slips, trips & falls should we be litigated against. With the auto policy, we would only be covered for vehicle damage from fire, theft, auto or flood. With the physical damage policy, that only pertains to dollar damage to the vehicle.
We would be adequately covered by a comprehensive auto policy for over the road transport of the vehicle, display of the vehicle in public areas, theft, vandalism, weather (tornados, hail damage, etc), fire, flood, etc but let me stress that NO PERSONAL INJURY WHILE WORKING ON THE VEHICLE would be covered, PERIOD. If someone is injured while driving it, they would be covered, but the actual act of performing maintenance on the vehicle is EXCLUDED, period.
