Value of classic computers

From: Marvin Johnston <marvin_at_rain.org>
Date: Mon Nov 18 11:49:00 2002

Sellam Ismail wrote:
>
> On Mon, 18 Nov 2002, Mike Ford wrote:
>
> > 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?
>
> >From my experience, they would most likely pay out the claim (perhaps
> after disputing it a bit, but then they will probably have scrutinized
> it from the get go since it would be such an odd item to insure, and the
> value would probably have to be ascertained by an appraiser) and then take
> ownership of the original, and then either destroy it or try to recover
> some of the expense of the claim by selling it (either for scrap or as a
> collectible perhaps).

I had a similar situation a few years ago when a computer was shipped up
to Oregon/Washington. Among other damages, the box was subjected to
enough shock that the processor was jarred from its socket and was
rattling around loose in the case. In the agreement with the shipping
company, the insurance was paid ($1500 or so) and the box bought back
for IIRC $300.00. That way, no additional shipping or disposal expense
was incurred by the insurance company. BTW, the CPU (Pentium 133) was
fine after all the pins were straightened out, and worked for several
years until taken out of service.
Received on Mon Nov 18 2002 - 11:49:00 GMT

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