Re: [TowerTalk] insurance and towers

["K8RI on TowerTalk" <tower@charter.net>]

Amen,

I'm also in Michigan and my tower is covered if it *ISN'T* attached to the 
house.  It is covered in the same manner as any other out building or 
structure not attached to the house.  (Auto Owners ins)
In addition I have a rider for increased value on the tower.

So far the only claim I've had was to replace a computer that was taken out 
by lightening some time back.

Roger Halstead (K8RI, EN73 & ARRL Life Member)
N833R, World's Oldest Debonair (S# CD-2)
www.rogerhalstead.com

> Obviously it varies from company to company. Could it vary from state to 
> state, since insurance is often (always?) regulated by the state?
>
> I asked about insurance for my tower, and the agent said that, as long as 
> it's attached (and the attachment could be purely nominal) to the house, 
> it's covered as an accessory structure. This is Citizens Insurance; I'm in 
> Michigan.
>
> Alan NV8A
>
>
> On 12/29/04 03:34 am Jim Jarvis tossed the following ingredients into the 
> ever-growing pot of cybersoup:
>
> > In the course of commenting on tower ratings, I realized that
> > I hadn't seen a post on insurance.  Or if I had, I've forgotten.
> >
> > In the US, in the post-9/11 environment, the insurance industry
> > has become highly risk averse.  They had under-priced homeowners
> > insurance in many areas of the country, as a loss-leader for more
> > profitable lines, like life and auto.  (and the payout on the NY towers
> > was shared across the entire industry.)
> >
> > In addition, there is now a firm called "CLUE", or Comprehensive
> > Loss Underwriters Exchange, which provides a loss history which
> > all carriers can see.
> >
> > As a result, you need to be VERY careful with what you claim.
> > Or even inquire about.
> >
> > In 2002, in the backwash of hurricane Lili, I lost a 100' tower
> > and antenna system when a 90' oak fell across a guyset.  In the
> > same storm,  I had a branch break off a 150' tall white pine, and
> > damage my roof.  The insurance company logged that as two claims.
> >
> > Earlier that year,  we had two events with large trees downed, touching
> > the house.  I called the insurance carrier to verify coverage in one.
> > My wife called in the other, as I was away.   They logged them as
> > claims, with no payout.
> >
> > Now, I am having difficulty getting homeowners insurance on my place in 
> > MD,
> > even though I am not in the deep woods any longer.  I'm paying double the
> > market
> > rate, with a carrier which is in state receivership. I will continue
> > in that situation for a period of 3 years.
> >
> > And THAT was after 30 years with the same carrier having home, car, boat,
> > $1M liability umbrella, and life insurance, and no real claims history.
> >
> > Short form:  It may be worthwhile to examine specific tower insurance,
> > through the ARRL program.  Some homeowners policies are excluding towers
> > and other accessory structures, as well, so you have to check.
>
> _______________________________________________
>
> See: http://www.mscomputer.com  for "Self Supporting Towers", "Wireless 
> Weather Stations", and lot's more.  Call Toll Free, 1-800-333-9041 with 
> any questions and ask for Sherman, W2FLA.
>
> _______________________________________________
> TowerTalk mailing list
> TowerTalk@contesting.com
> http://lists.contesting.com/mailman/listinfo/towertalk


_______________________________________________

See: http://www.mscomputer.com  for "Self Supporting Towers", "Wireless Weather Stations", and lot's more.  Call Toll Free, 1-800-333-9041 with any questions and ask for Sherman, W2FLA.

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