Re: Pams lightning

thanks Eva - I'll pass that along, but they were woefully
underinsured.  They're out of business, permanently.

On 7/15/05, EvaTEsq@aol.com <EvaTEsq@aol.com> wrote:
> Oh Pam, I'm so sorry for your friends & their loss.  They will be  in my
> thoughts and prayers.  I hope they were properly (& fully)  insured for both the
> value of the contents, inventory & had business  interruption loss coverage
> (ie, loss of profits during the period after the  fire until business is resumed).
> 
> I have a case where there was a bad fire at a commercial building and one  of
> the tenants (not my client) DID NOT fully insure his inventory.  He  claims
> it was all worth well over a million dollars, yet he was only  insured for
> $250,000 -- and that's all he got for the contents.  He got a  little more from
> the insurance company for business interruption loss (he had  that coverage as
> well).
> 
> Your friends should retain a public adjuster to represent them with the
> insurance company.  The public adjuster, for a small percentage of the  amount of
> money eventually recovered from the insurance company, will examine  their
> business and value it as high as legitimately possible for contents,  inventory
> and business interruption loss (if they had that coverage).  If  the insurance
> company decides to cover the loss and pay out on the policy, the  insurance
> company will lowball them for the value of that.  The public  adjuster would
> represent your friends and negotiate with the insurance company  to get the
> insurance company to pay as much as possible.
> 
> Eva
> Long  Island, NY
> Zone 6/7
> 
> Honor our dead.  Demand the  truth. _  http://www.afterdowningstreet.org/_
> (http://www.afterdowningstreet.org/)
> What is the Downing Street Memo?_
> http://democracyforamerica.com/memo_movie.php_ (http://democracyforamerica.com/memo_movie.php) _
> www.downingstreetmemo.com_ (http://www.downingstreetmemo.com/)
> 
> 
> In a message dated 7/14/2005 7:40:07 P.M. Eastern Standard Time,
> gardenqueen@gmail.com writes:
> 
> Well I  thought about that too David.  I think they have them at  the
> house.  Usually wind and hail give more trouble around here  than
> lightning.  And our electrical lines are above ground also.   As far
> out as we are, I suppose I should be grateful we have electricity  at
> all!   Went by there again today, what a mess.  And the  insurance
> company is being really nasty, calling for an investigation and  acting
> like they torched the place.  They are not happy campers.   Sigh.
> 
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> 


-- 
Pam Evans
Kemp TX
zone 8A

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