In this study, a 10 kW horizontal-axis lift-type wind turbine is analyzed and verified. The three-bladed wind turbine is modeled and analyzed with FAST which is a multi-body dynamics code for a wind turbine. The turbine without any advanced over speed protection except an on/off control was simulated and experimentally verified. In the verification, the field test results were found to be well predicted by the simulation. Also, a side-furling system was proposed for the wind turbine without changing parameters of the current system much. From the dynamic simulation for verification, the furling system was found to work well up to 20 m/s with a modified torque control schedule. Although the proposed furling system could not be verified experimentally in the field, a similar 10 kW wind turbine whose experimental results are available in the literature was used for a verification. It was found from the simulation that the prediction from the simulation with the furling system was close to the experimental results in the literature.