<HTML><BODY STYLE="font:10pt verdana; border:none;"><DIV>Hi WiM</DIV> <=
DIV> </DIV> <DIV> Good advice that filled in the blanks =
where I left off. The problem I have is that often times =
I may have 100 to200 thousand dollars worth of rebuilds going at one time=
and if the client has this kind of insurance it doesn't seem to mak=
e sense for them to pay for extra insurance when it is'nt needed. Gi=
ve me your thoughts on this as it's always a sticky wicket/annoyance. </D=
IV> <DIV> I know when I leave my car at the dealers for repair that =
their signs specifically state</DIV> <DIV> that they are not respons=
ible for items left in the car but where does there or our responsibility=
lie. I guess I'm curious as to what I'm really liable for if a complete =
loss occured.</DIV> <DIV> Perhaps one option would be t=
o offer to add an insurance charge which as I think of it would probably =
be nominal if I read the new guild insurance costs correctly.</DIV> <DIV>=
I think I calculated my cost on pianos owned and it was about 500 i=
sh per yr. Thats really not too bad. So the cost of having to pay insuran=
ce coverage on your garden variety Stwy/Mason etc.with values of 30 =
to 50 k with obvious case by case exceptions I.E art case or 9fts. wwould=
'nt be all that much.</DIV> <DIV> I do carry that extra=
policy you suggested by the way. Just in case!</DIV> <DIV> </DIV> <=
DIV> I'd love more discussion on this from some w=
ho have been in the sticky claims situation.</DIV> <DIV> </DIV> <DIV=
> Dale Erwin</DIV> <BLOCKQUOTE style==
"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #0=
00000 2px solid; MARGIN-RIGHT: 0px"> <DIV style="FONT: 10pt Arial">----=
- Original Message -----</DIV> <DIV style="BACKGROUND: #e4e4e4; FONT: 1=
0pt Arial; COLOR: black"><B>From:</B> Wimblees@AOL.COM</DIV> <DIV style==
"FONT: 10pt Arial"><B>Sent:</B> Sunday, October 28, 2001 5:10 PM</DIV> <D=
IV style="FONT: 10pt Arial"><B>To:</B> pianotech@ptg.org</DIV> <DIV sty=
le="FONT: 10pt Arial"><B>Subject:</B> Re: Insuring an action</DIV> <DIV=
> </DIV><FONT face=arial,helvetica><FONT size=2>In a message dat=
ed 10/26/01 10:07:03 PM !!!First Boot!!!, jbaird@fgi.net writes: <BR><BR>=
<BR> <BLOCKQUOTE style="PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEF=
T: #0000ff 2px solid; MARGIN-RIGHT: 0px" TYPE="CITE">Although I have ha=
d many piano actions in my shop before, I would like <BR>to hear from oth=
ers about the amount of insurance that is advisable. <BR><BR>I will soon =
have a 12 year old Steinway L action in my shop. If it <BR>should be dest=
royed, would the $10,000 Bailees and $10,000 Cargo <BR>coverage I now hav=
e through PTG be enough? There's the cost of the new <BR>action itself, o=
f course, but then the considerable cost of time spent <BR>making the act=
ion feel at home in its new host. <BR><BR>Other considerations? <BR><BR>T=
hanks, John Baird <BR></BLOCKQUOTE><BR><BR>John <BR><BR>Although the insu=
rance 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 th=
e 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 coverag=
e, 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 woul=
d be very minimal. Yes, you should also ask your customer to check with t=
heir insurance to see if the action and the whole piano is covered, but I=
would still get the extra insurance to protect yourself. Insurance compa=
nies have way of not paying claims if they think they can get away with i=
t. For the few dollars it will cost you for the rider, it is better to be=
protected all the way on your own. <BR><BR>Wim </FONT></BLOCKQUOTE></FON=
T></BODY></HTML>