HELP... I lost all my tools due to large tow truck crashing into my garge/shop

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Forum topic by navtalk posted 06-16-2012 12:52 PM 2518 views 0 times favorited 35 replies Add to Favorites Watch
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27 posts in 2472 days

06-16-2012 12:52 PM

Topic tags/keywords: drill press bandsaw tablesaw

I lost my new Jet 1642, Rigid Table saw, bandsaw, drill Press, and a whole lot of smaller hand and power tools.
As well as a couple walls of my garage and damage to my car. I had just left my lathe or I wouldn’t be writing this.
I am not a production shop and the bandsaw and drill press were quite old. Need recommendations for replacements and where to obtain same.
Kelsey S (Navtalk)

-- My G-Kids call me Grumpy

35 replies so far

View Phil277's profile


183 posts in 2290 days

#1 posted 06-16-2012 12:56 PM

Craigslist is a great source for buying and selling tools.

-- The main thing is to keep the main thing the main thing. From a sign on a surfer bar in So. Calif.

View GaryL's profile


1099 posts in 2797 days

#2 posted 06-16-2012 01:00 PM

Are you going after the towing co. insurance for replacements?

-- Gary; Marysville, MI...Involve your children in your projects as much as possible, the return is priceless.

View navtalk's profile


27 posts in 2472 days

#3 posted 06-16-2012 01:08 PM

I have my insurance company working on it and the other insurance company calling me to see what I need. I am hoping to come out of this, at least tool wise in much better shape. I paid on a speciall black friday deal $1800 for the lathe delivered. To get it today would cost nearly $1000 more, almost any bandsaw and drill press would be better than what I had, I was using my dads craftsman circa 1960 and my brothers old table drill press circa 1970. The table saw and lathe were less than a year old.

-- My G-Kids call me Grumpy

View TrBlu's profile


386 posts in 2592 days

#4 posted 06-16-2012 01:50 PM

The table saw and lathe, the towing company needs to replace with the same model new equipment. Tell the insurance company those were less than a year old and had very few hours of use. What you paid on Black Friday vs. what it would cost now should be the insurance company’s concern, not yours.

The rest of the equipment and tools, make a list damaged items with comparable current model equipment and pricing. Present that to the insurance company. They will probably offer you something less than your total, considering the age of your equipment. Negotiate a monitary settlement you can live with, then go shopping on craigslist or your nearest woodworking store. There may be a used/refurbished equipment dealer in your area.

A lot of insurance companies that sell coverage for common carriers have connections with manufacturers for prefered pricing on big ticket replacement items. They may choose to order the replacement on some items and pay you a settlement on others.

-- The more I work with wood the more I recognize only God can make something as beautiful as a tree. I hope my humble attempts at this craft do justice by His masterpiece. -- Tim

View Gene Howe's profile

Gene Howe

10362 posts in 3395 days

#5 posted 06-16-2012 02:13 PM

Check your Home Owners policy. Personal property coverage limits are usually a percentage of the home’s coverage. If you feel you can replace your tools within that amount, I’d make a claim with your carrier and let them subrogate the tow truck carrier. Less hassles, that way. Of course, there’s no question that the property damage will be coverred @ 100%
Sorry for your loss. Hope it all works out for the best for you.

-- Gene 'The true soldier fights not because he hates what is in front of him, but because he loves what is behind him.' G. K. Chesterton

View Alexandre's profile


1417 posts in 2157 days

#6 posted 06-16-2012 02:55 PM

Are your tools like Crushed and damaged Beyond repair?
TrBlu has a good point the towing company needs to replace the same model with the same model new equipment.
Hopefully your shop gets back to normal.
I wish you luck.

-- My terrible signature...

View navtalk's profile


27 posts in 2472 days

#7 posted 06-16-2012 03:20 PM

Hi Fellows
I really appreciate your comiseration, I need that emotionally right now. What I would like is suggestions on particular equipment. I will replace with new where possible, in looking around the on line woodworking and tool outlets, what I would like to have and my projected budget are miles apart. the Table Saw and Lathe were new so that will work out ok, the Band saw and Drill press were long past retirement age. I am 74 and not going to be doing extensive woodworking, mostly Lathe work with a few home projects thrown in. My focus here are band saw and drill press suggestions. If I can I will post a picture or two

-- My G-Kids call me Grumpy

View sikrap's profile


1121 posts in 3325 days

#8 posted 06-16-2012 03:25 PM

You should definitely check your policy. Often, its REPLACEMENT costs and you’d be in really good shape. Not only that, you can go after the towing company and the driver to make you whole. Good Luck!!

-- Dave, Colonie, NY

View a1Jim's profile


117063 posts in 3543 days

#9 posted 06-16-2012 03:29 PM

Sorry for all the damage but I’m glad your ok. If you do ,do work that you sell or if you do commissioned work I would hit the insurance company up for lost income.

-- wood crafting & woodworking classes

View 404 - Not Found's profile

404 - Not Found

2544 posts in 2935 days

#10 posted 06-16-2012 04:10 PM

You had a lucky escape. Hope the insurers do the right thing by you.
What a1Jim has said is right, BUT, if you don’t have commercial insurance and you are making stuff for people, you may not be covered at all, even though the accident is no fault of your own.

View Roger Clark aka Rex's profile

Roger Clark aka Rex

6940 posts in 3401 days

#11 posted 06-16-2012 04:16 PM

Sorry for this to happen to you.
The first thing that you should do is NOTHING. Take a little time to get your head straight after the ordeal, and DON’T make ANY agreements, either verbal or writing to ANYONE. If necessary get professional help on your side, an attorney won’t cost you, his fee will be included in the claim.
Don’t down play old equipment because it can have a lot of sentimental value.
Make sure your structure is rebuilt and can be surveyed by an inspector. Loss of income is also to be claimed and also shock and awe is feasible.
Getting an attorney to work things out for you will be the best thing, he will know how hard he can push them, and when the insurances companies find you are represented, they will cave in.
Make they resplacement of tools their responsibility, not yours, or charge them for having to do the shopping and hauling.

-- Roger-R, Republic of Texas. "Always look on the Bright Side of Life" - An eyeball to eyeball confrontation with a blind person is as complete waste of Time.

View MNgary's profile


298 posts in 2383 days

#12 posted 06-16-2012 04:32 PM

Thank goodness you had stepped away from the lathe !!!

-- I dream of a world where a duck can cross the road and no one asks why.

View Zboom's profile


72 posts in 2321 days

#13 posted 06-16-2012 07:54 PM

Don’t get an attorney or a private adjuster they make money off of your claim and you will not be made whole again. As an adjuster I hate seeing people fall into this trap! What you need to with the older tools is look for something that is like kind and quality of what you had. F you have replacement cost you will still only be paid on actual cash value basis until you replace the tools. If you have any questions just PM and I will give you more pointers. These days once your paid does not necessarily close your claim if something else pops up that was not seen before. Most adjusters are here to help and will get you whatever is needed in the first shot, but we are human and do miss some things

-- Michael,

View Knothead62's profile


2584 posts in 2927 days

#14 posted 06-16-2012 08:14 PM

Glad you are OK. Check your homeowner’s policy- some will replace no matter the cost. The main thing is the insurance company for the towing company. It seems the primate is situated on their back. They should be the responsible party. I’m guessing but the driver probably won’t be a good source for recompense. Good luck!

View SCOTSMAN's profile


5849 posts in 3551 days

#15 posted 06-16-2012 08:26 PM

Wow you were lucky to be alive despite the losss of equipment.Kindest regards and best wishes.Alistair

-- excuse my typing as I have a form of parkinsons disease

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