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.
|