Bob, your insurance comments bring up some questions and concerns I've had...
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All my boats are covered under my homeowners policy, and my trailer under my auto policy, so far, at no additional costs.
My trailers ARE covered under my auto policy. As I understand things, trailers are covered under the insurance policy of the towing vehicle. I suppose this is good to tell someone if you're borrowing a trailer, and the owner has liability concerns. At least, this is what my NationWide Insurance dealer told me. But I'm still not sure if that coverage is only while the trailer is connected to my car and being towed, or if the trailer is also covered when it's disconnected and just parked in my driveway.
On the other hand, my boat is NOT covered under my "standard" homeowners insurance unless it is damaged while INSIDE my enclosed garage (connected to the house). My boat could also be covered while it's inside a separate, enclosed building (ie; not a carport), but the building needs to be specifically covered in my policy - at additional cost. I lost a CraigCat powerboat AND an aluminum canoe when a tree fell on them, in my driveway, during a storm. At first I thought, "Well, thank goodness I'm covered by my homeowners insurance." Regretfully, I was wrong - and it was a hard, expensive pill to swallow.
I'm sure each policy and every company is slightly different in its coverage - this is only what I understand with Nationwide Insurance (auto policy) and State Farm (homeowners policy). I guess Texas Yak Man could be covered with his auto policy, but then there's another bug-a-boo: The additional dilemma of deciding whether it's worth making a claim after the deductible is subtracted. (I always fear rate hikes after making a claim, so it's a tough call.)
Hey - that's what I've understood, and misunderstood, about my insurance, boats, trailers and coverage.
Of course, I could still have it all wrong...
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