[TowerTalk] INSURANCE

[Cqtestk4xs at aol.com]

Ever since Andrew hit Florida in the early 90's homeowners' insurance has 
been changed in the state.

In many counties, special hurricane insurance must be purchased to cover 
damage to dwellings and attached buildings.  There are various percentage 
deductibles ranging from 2 per cent to 5 or 10 per cent of the dwelling and adjacent 
structures.

The company I have (many of us do not have a choice as to what company we get 
in certain parts of Florida) insures towers and antennas but only up to ten 
per cent of the dwelling's value.  That means if a house is insured for $100000 
the towers and antennas are covered only up to $10000, less the deductible if 
it is from a hurricane or tropical storm.  Random wind storms are not 
affected by the 2-10 per cent deductible...just the standard $500-$1000 deductible.

It could be worse.  Just three miles to the south of me in Pinellas County, 
my insurance company does no insure ANY towers and antennas.  Phew, close call 
with me sitting here with three 200 footers festooned with stacks.

Bill K4XS