CRAMBA Trailer Tool Theft

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CRAMBA Trailer Tool Theft

Postby Spinwheel » August 2nd, 2013, 8:40 pm

With the recent news about CRAMBA's loss of tools due to theft, i wondered if our tools and trailer are covered by insurance in case of theft? If so is cost of new tools covered 100%?

Thank-you,
Tim
TC, Hickory Glen Park - Commerce Twp.
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Re: CRAMBA Trailer Tool Theft

Postby Loren » August 2nd, 2013, 9:32 pm

We have about 18 months remaining on a three year policy on our trailer. The insurance policy covers depreciated value (not replacement costs) and has a $500 deductible. It's also astronomically expensive. Commercial insurance is a very different thing than residential or personal property insurance. At our next renewal, the cost would be about $1300/year.

My recommendation to whomever is on the board at renewal time is that we self insure going forward, as cramba has done.
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Re: CRAMBA Trailer Tool Theft

Postby utabintarbo » August 4th, 2013, 12:59 am

Sortaslow wrote:Why can't you just sit in the trailer and act as a security guard Bob? Be a good use of all of that free time you have. ;-)


I'm ascared of the dark. :cry:
Addison Oaks TC

Current quiver

Impulse control fails me. ;)
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