Garage burned down because of a 107
 

So two weeks ago my 25x40 burned down because of my old 107 pulled the thing in from mowing and smelled raw gas so I went to back it out and it backfired and well the rest is history. Anyways has anyone else been in this situation before I have insurance on the garage and contents but they keep throwing around the term actual cash value. So how bad am I going to get screwed on getting money back to rebuild and get my tools and stuff back

Sorry to hear about your loss. Did you have declared value on the garage and contents?

At a total loss which the building is the valued it at 26,000 and for the personal property between the house and building I could claim up to 198,000

Unless you owned a bunch of high dollar tools, I'd surely think that would cover it.

Listen, I understand when something catches fire it's scary. But, if had a few gasoline fires in my shop and had no issues getting them out before the shop caught fire. Actually... I've had several. Not putting the blame on you, but how exactly did it catch the building on fire so fast that you couldn't put it out? A 107 doesn't exactly have a lot of combustible plastic and rubber like a car.
Or was the raw gas in the garage, not the mower leaking? I'm just trying to understand....

Sorry that happened though.

The garage was built in 1900 it was a barn that I used as a garage so it was all wood no insulation or drywall and I had pulled it over to the side since it was acting up anyways and I would worry with it later since I had several other cub cadets The rear tires had wheel weights on it and I couldn't get it to release to pull the tractor out by hand. So that's how it went up so fast

I also didn't have a blanket or a fire extinguisher in the barn to snuff it out or extinguish it

Sorry that happened.

And trust me I didn't want it to burn where it set it could never be built again and do to current codes and regulations and how my property is I can't build something even close to that size again

Again, sorry that happened.

If the building was valued at $26,000 I'd say that's pretty close to replacement cost for a pole building of the same size. I've been pricing them lately.

As far as contents, you don't say what you had in it, or what brand and types of tools you had; I.E. welders, drill press, lathes, woodworking tools..... or just a bunch of Walmart el-cheapos.... but if you have $198,000 in personal property, I'd say it would cover it. No, they won't pay replacement, just assessed (actual cash) value. But you better have a list and some pics to back it up, or they won't pay.

Sorry to hear.