A welder that was just purchased the day before and never been used by you, I would think would have to be worth your purchase price you paid at the auction. I would just be happy to get that amount back. I would see what the insurance company will allow you for it first, with out saying anything. If its more, its more. If they offer less, then I would argue and show receits ect. and demand to at least get your purchase price.
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Today's Featured Article - The River Tractor - by Charlie English Jr.. This is a 4010 John Deere that was used to farm on the Diamond Island which is in the Ohio River about 15 miles southwest of Evansville, Indiana. About ten years ago, this tractor was parked close to the bank as the river was washing the bank of the island away.
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