Well, I guess it depends on your location as to what some insurance
companies will offer. On my lot, I have a lot of 60-80' ash trees, oak
trees and cherry wood trees. My HOI policy covers me should one find its
way on my house to the extent that the company will replace the house
completely. Of course this coverage isn't free. For added measure my
umbrella policy (with another provider) picks-up where the other policy left
off.
To stay on topic, if a neighbor wanted to sue me for one reason (future
tower) or another, they better have an endless stream of cash or at least up
to what my umbrella policy covers.
73,
Jim N9WW
James Chaggaris
President
PowerOne Corp.
1020 Cedar Avenue
Suite 110
St. Charles, IL 60174
Phn: 630-443-6500
Fax: 630-443-6505
Cell: 630-669-2241
www.pwrone.com
-----Original Message-----
From: R. Kevin Stover [mailto:rkstover@mchsi.com]
Sent: Sunday, March 23, 2008 9:35 AM
To: jimc@pwrone.com
Cc: towertalk@contesting.com
Subject: Re: [TowerTalk] towers, zoning and permits
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1
I think that's pretty standard boilerplate language since Hurricane
Andrew. I don't know of a single homeowners insurance company who will
continue to cover damage from a tree to the house once it's actually
caused damage. They think it's a continued risk even though we've had
professional arborists up the tree to check it out. They think once it's
dropped limbs it will continue to do so and the house could be underneath.
We'll see what the neighborhood busy bodies have to say when it comes down.
Jim Chaggaris wrote:
|
| "We were informed by our agent, as he was handing over the check, that any
| more damage caused by that tree to our house, or the neighbors, and it
won't
| be covered."
|
| If that's the case, I would seriously rethink your insurance carrier.
|
|
|
| 73,
|
| Jim N9WW
- --
R. Kevin Stover, ACØH
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.7 (MingW32)
Comment: Using GnuPG with Mozilla - http://enigmail.mozdev.org
iD8DBQFH5mp611jxjloa2wsRAiqNAKClieu5NoJjijWrP2tUpCM90uKMiACfXkdK
v4PrLDys7sOOHDa2LyAGx+8=
=PKql
-----END PGP SIGNATURE-----
_______________________________________________
_______________________________________________
TowerTalk mailing list
TowerTalk@contesting.com
http://lists.contesting.com/mailman/listinfo/towertalk
|