Fire from neighbor's land

   / Fire from neighbor's land #111  
I’m finding more property owners without insurance because they can’t get it for a price that is affordable…

At the farm the old 1850 barn and a small 2 stall barn are excluded from the farm policy… it was cost prohibitive to include whereas the modern outbuildings, home and equipment are insured.
 
   / Fire from neighbor's land #112  
I'll say it again. The trailer was providing xxx square feet of storage. The minimum value would be the cost of the same xxx square feet pole building (unless the trailer was only minimally damaged)
 
   / Fire from neighbor's land #113  
I'll say it again. The trailer was providing xxx square feet of storage. The minimum value would be the cost of the same xxx square feet pole building (unless the trailer was only minimally damaged)
That's replacement vs depreciated value. Highly doubt he can expect to get replacement value, but as someone mentioned, if he can get say, a 24x48 pole barn kit worth of money, I'd consider that a win. I could be wrong, and maybe the insurance will offer more? Sometimes they do put pretty decent values on out buildings, but I would assume they start at tax appraised value of the structure
 
   / Fire from neighbor's land #114  
My policies are replacement cost for fire/theft/vandalize.
Its what I pay for so it is what I would expect to receive.

If your are depreciated value or other terms than that's what I would expect my neighbour to cover from accidental damage.
 
   / Fire from neighbor's land #115  
That's replacement vs depreciated value. Highly doubt he can expect to get replacement value, but as someone mentioned, if he can get say, a 24x48 pole barn kit worth of money, I'd consider that a win. I could be wrong, and maybe the insurance will offer more? Sometimes they do put pretty decent values on out buildings, but I would assume they start at tax appraised value of the structure
A pole building is the cheapest amount it would take to replace the storage function of xxx square feet. The replacement value of the trailer would be much higher.
 
   / Fire from neighbor's land #116  
A pole building is the cheapest amount it would take to replace the storage function of xxx square feet. The replacement value of the trailer would be much higher.

Sure it would be but the trailer was uninhabitable. I’d be more interested in collecting cleanup cost of the rest of the trailer and the damage done by the state dozers.
 
Last edited:
   / Fire from neighbor's land #117  
Both,And
 

Tractor & Equipment Auctions

2016 Chevrolet Caprice Sedan (A50324)
2016 Chevrolet...
377811 (A48836)
377811 (A48836)
2018 Skyjack SJ1056TH 10,000lb 4x4 Rough Terrain Telehandler (A49461)
2018 Skyjack...
Bad Boy Outlaw XP 61in Zero Turn Mower (A48082)
Bad Boy Outlaw XP...
8 DRILL COLLAR (A50854)
8 DRILL COLLAR...
2018 CATERPILLAR 249D TRACKED SKID (A51222)
2018 CATERPILLAR...
 
Top