Let this be a lesson to all of us

[maple_leaf_eh]

The collector had made an effort to find and gather old vehicles. (Sound familiar?) The issue I see is with his valuation of the old cars at fully restored price, not scrap or as-is condition. Maybe $200,000 at the farm gate.

My house insurance policy doesn't cover unlicenced vehicles in the yard. There is a nominal reimbursement clause for items not inside the house, which is going to cover the lawnmowers, snowblower and yard furniture. So, the trailer, the M151A2 and M38A1 parts are not covered.

I'm also struggling in a competitive insurance market for a house which is not being lived in at present. The one insurer that will give me a policy wants three times the premium of a house with someone living in it. There are also conditions which complicate matters. The moment the electricity is disconnected and the heat goes off, the market value of the property plummets. So, I visit the house as often as I can. I have the neighbours watching it, and the plan is to sell it as quickly as possible.