atikovi
Thread starter
Originally Posted by gathermewool
You have a piece of property under your care. It should be insured. What in the heck do you think happens if it's damaged or, "not as described" when the buyer agrees to finally pick it up? If the vehicle is damaged between when the buyer purchased it and when he picks it up AND you don't make it whole, do you think he will have any recourse for suing you to get his money back?
Assuming the buyer does NOT pick the car up ever, what happens if the car is totaled between now, when the buyer gives you zero dollars for storage and abandons it, and when you decide to finally sell it again?
Stored vehicle insurance is pretty cheap; I'd look into it.
I've got my own cars parked there too worth more than this one and have no insurance. I take the risk of a very small chance any damage will happen. Fine with me. I don't know any insurance company that will insure a car you don't own. That's ripe for fraud. And go to any self-storage place in town and ask them if they are responsible for any damage to your car stored on their property. They will tell you no. Get your own insurance.
You have a piece of property under your care. It should be insured. What in the heck do you think happens if it's damaged or, "not as described" when the buyer agrees to finally pick it up? If the vehicle is damaged between when the buyer purchased it and when he picks it up AND you don't make it whole, do you think he will have any recourse for suing you to get his money back?
Assuming the buyer does NOT pick the car up ever, what happens if the car is totaled between now, when the buyer gives you zero dollars for storage and abandons it, and when you decide to finally sell it again?
Stored vehicle insurance is pretty cheap; I'd look into it.
I've got my own cars parked there too worth more than this one and have no insurance. I take the risk of a very small chance any damage will happen. Fine with me. I don't know any insurance company that will insure a car you don't own. That's ripe for fraud. And go to any self-storage place in town and ask them if they are responsible for any damage to your car stored on their property. They will tell you no. Get your own insurance.