Kyhayman - I have a friend who had a pole barn fire - total loss including some equipment and lots of hay. He had it insured for 1/2 the value of the building (according to the insurance company) so they paid him 1/2 of what he had it insured for.
In other words, using fictional numbers: $10,000 worth of insurance on a building appraised at $20,000 - he received $5,000.
Something to check on. It was a good lesson for me. My insurance agent assures me that I do NOT have that type of coverage.
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Today's Featured Article - The Collection of a Lifetime - by Sherry Schaefer. The larest gathering of orphan tractors ever assembled by one collector will be auctioned off on May 15 in Rock Island, IL. Ed Spiess was a well known tractor buff who spent most of his time dreaming of rare and unknown tractors. His background as an agricultural engineer sparked his interest in the unique attributes of the models built from 1939-1959.
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