Quote:
Originally Posted by drcoastline
Sorry to hear that. Tough lesson. You can vent.  |
I am sitting home reading my policy front to back. Am I out of line calling this old tow truck business personal property?
Its worded pretty simply
(4). Personal property , owned by you that is used to maintain or service the buidling or structure, or its premises .
My business property consists of the following property (2) machinery and equipment . (4). All other personal property that is owned by you, and used in your business.
I am a sole proprietorship , the truck is titled in my personal name .
Property not covered:
p. Vehicles , that are self propelled machines ( including aircraft, or watercraft)
that :
(1). Are licensed for use on public roads . ( it is not )
(2). Operated principally away from the described premises . ( it is also not, this truck is strictly a lot truck to move disabled vehicles around the lot .
I'd like to hear your thoughts on this. Thank you