Insuring an action

[Wimblees@AOL.COM]

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In a message dated 10/26/01 10:07:03 PM !!!First Boot!!!, jbaird@fgi.net 
writes:


> Although I have had many piano actions in my shop before, I would like
> to hear from others about the amount of insurance that is advisable.
> 
> I will soon have a 12 year old Steinway L action in my shop. If it
> should be destroyed, would the $10,000 Bailees and $10,000 Cargo
> coverage I now have through PTG be enough? There's the cost of the new
> action itself, of course, but then the considerable cost of time spent
> making the action feel at home in its new host.
> 
> Other considerations?
> 
> Thanks, John Baird
> 

John

Although the insurance you have might cover the cost of replacing an action, 
in the event the action is destroyed, and you had to buy a new one from 
Steinway, the customer might come back and say the piano just doesn't sound 
and play the way it used to, and force you to buy a whole new piano. 
Therefore, you might want to consider getting a short term rider on your 
present coverage, increasing the amount of insurance for a short period of 
time to cover the cost of replacing the piano. Talk to Jerry about this. The 
cost would be very minimal. Yes, you should also ask your customer to check 
with their insurance to see if the action and the whole piano is covered, but 
I would still get the extra insurance to protect yourself. Insurance 
companies have way of not paying claims if they think they can get away with 
it. For the few dollars it will cost you for the rider, it is better to be 
protected all the way on your own. 

Wim 

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