On Sun, Jan 25, 2004 at 02:26:21PM -0800, steve wrote:
> Unless he had an "official" independent appraisal by a
> recognized insurance appraiser who described the PDP-8
> piece in detail and establish a value for it by
> physically looking/photographing/videotaping the
> equipment, and had it reviewed and approved by an his
> insurance agent, and applied for the rider and payed
> the extra premium for the rider, he has a snowballs
> chance in hell in collecting anything.
>From his own homeowners' insurance, that's correct. They have maximum
values placed on items that aren't specifically appraised for any
collectible item. That's why I got the maximum computer rider that
my insurer provides - $25,000. It's not enough, but it's all they will
give me.
In this case, however, he's trying to collect from the _driver's_
company (if I read the posting correctly). That will end up being
his lawyer and/or insurance company fighting with the driver's company
as to the value of the item.
He still doesn't have a great chance of fair compensation, but his chances
are better than if a tree fell on his PDP-8 or a hurricane blew it across
the yard.
-ethan
--
Ethan Dicks, A-130-S Current South Pole Weather at 26-Jan-2004 08:10 Z
South Pole Station
PSC 468 Box 400 Temp -19.6 F (-28.7 C) Windchill -43.8 F (-42.1 C)
APO AP 96598 Wind 8.19 kts Grid 068 Barometer 688.9 mb (10293. ft)
Ethan.Dicks_at_amanda.spole.gov http://penguincentral.com/penguincentral.html
Received on Mon Jan 26 2004 - 02:14:53 GMT