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Old 01-12-2000, 05:07 AM
thelawnguy thelawnguy is offline
LawnSite Silver Member
 
Join Date: Dec 1999
Location: Central CT
Posts: 2,412
I spent quite a bit of time researching insurance, and have yet to find a co that will pay &quot;replacement&quot;, i.e., price of new, equipment. They all pay for repair, or cash value, which in many cases may be half of what a new one goes for.<p>It also doesnt make sense to overinsure on equipment, just because you insure your equipment thats worth 10k for 100k they arent going to pay you 100k if you lose it all. Also keep receipts photos serial numbers in a safe place, in case of theft thats all you will ahve to go by.<p>Bill
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