Crantzdorf Estate Uninsured Against Fire
Filed under: Estates
People have been commenting on the fire that hit the Crantzdorf estate in Tennessee, a former estate of the day, this weekend on the original post but I decided to repost when reader Susan led me to the article that says Steve and Ashley Grindstaff, the owners of the home, won't get any insurance money to repair the home. Steve Grindstaff is quoted in the Kingsport Times News as saying that he is self insured and "won't get one dime of insurance" for the estate which was listed at $28.5 million. The home was severely damaged in a fire after a lighting strike hit a copper beam in the turret of the castle-like home's tower. The copper beam conducted the lightning through the top floor of the house and striking the water main. The top floor has fire damage and the lower floors were soaked with water. The Grindstaffs, who own several car dealerships, reportedly were finally set to close on the house this week. They plan to rebuild as quickly as possible.
