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[TowerTalk] tower damage / insurance question

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Subject: [TowerTalk] tower damage / insurance question
From: (Barry Kutner)
Date: Thu, 1 May 1997 11:57:52 +0000
On  1 May 97, Bill Hider <> wrote:

> Paul van der Eijk wrote:
> > 
> > My tower was damaged by a truck delivering gravel (one guy and
> > 2m antenna in the top.) Their insurance wants to prorate the years I
> > owned the tower over the useful live of the installation. I'm not sure that
> > this is acceptable, but if I have to make the choice, what would be the
> > useful live of the installation?
> > 

> 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 - It doesn't sound right to me. My homeowners insurance is for 
replacement value, not depreciated value, in case of loss.

If someone busts something of mine, I want it replaced the way it 
73 Barry 
Barry Kutner, W2UP              Internet:
Newtown, PA         FRC         alternate:

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