Paul...Bill N3RR wrote:
>What they are doing is "depreciating" your installation. This is a
>typical insurance procedure and is quite logical. You have already used
>the portion the useful life prior to the accident and the company who
>caused your installation to fail is responsible only for that portion of
>the useful life AFTER the accident. At the end of the useful life you
>will have to pay for improvements to extend the useful life. The
>accident causer is not responsible for this either. That's the logic.
Bill is plumb wrong.
A tower usually is considered a structure and most home owner policies cover
their replacement cost. They are not treated as automobiles which, of
course, do depreciate.
I urge you to obtain a legal opinion and also bring to your lawyer's
attention that the driver/owner of the vehicle might be liable. Unless you
were the driver, this point needs checking.
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