Value of classic computers

From: Hans B Pufal <hansp_at_aconit.org>
Date: Mon Nov 18 03:54:00 2002

Mike Ford wrote:
>> For a working IBM 1130 we have set an insurance value of $50,000
>> (fifty thousand) on the grounds that any damage which makes the machine
>> inoperable will probaly be irrepariable and the machine will become
>> just another inert museum exhibit.

> How would a claim actually work, ie a forklift hits a bump and the
> shipping pallet tips over. The damage appears cosmetic, but when the
> unit is powered up, the sparks fly and magic smoke is released. Board
> "c" is toast, and none are know to exist as replacements.
>
> What happens?
>
> Do they get a chance to make repairs, as they see fit.
> Do they cut you a $50k check, AND let you keep the inert system?
> Something else?

Good questions, I hope I never have the opportunity to reply form
experience!

If thaere are any insurance experts around I'd be interested in their
comments.

   -- hbp

        
Received on Mon Nov 18 2002 - 03:54:00 GMT

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