| Electronics > Beginners |
| crying Newbie |
| << < (10/11) > >> |
| uc:
Dear Mr Scram. You are right about my biggest concern. When will the problem start??? Dear Al: Another Q: Is my Equipment a: -1 “Low end” or 2 -“mid end” or -3 “high end”? My Tip: It is probably a “Low end” when a customer talking to insurance company. Prove me wrong I think the cost for cleaning the equipment and do calibration is very high. Without knowing, I think the cost for a Pro…is about USD >150/hour so say >USD 300 to fix my RIGOL DS1054X and SIGLENT SDM3065X. Any comments? 8) |
| james_s:
Yes the insurance company would almost certainly declare the equipment a total loss, in which case you should be paid the pre-damage value of said equipment. You can then either use that money to buy replacement equipment or in many cases you can buy back the damaged stuff at salvage value and fix it yourself. If you manage to fix it then pretty much any use you get out of it is free. |
| Berni:
But how does the insurance company determine the value of it? Here they would often want a repair quote from an authorized service center. If its reasonably new a receipt of how much it cost. This sounds reasonable for a TV but what about if i wanted to make a insurance claim that water poured over my HP 89410A (10MHz VSA). There is no Keysight service center in my country so the heavy boatanchor would have to be shipped off, it might be obsolete so questionable if they still fix them (Or would want to when they hear its full of water). Its pretty old so i can't get the price of it new while used prices for the thing on the internet can range from few 100s of dollar barings to a few grand. But i did buy it on ebay so i can sort of come up with a receipt. But then say my Agilent 1134A (7GHz active probe) probe was also next to it and got the water. Keysight probably doesn't fix these since they are not very serviceable and i bought it off a guy directly so there is no receipt. They are discontinued so you can't buy a brand new one anymore, while the newer B replacement costs over 7 grand new. Surely they wouldn't pay me 7 grand in exchange for a photo of what looks like a wet piece of cable. I have quite a lot of equipment but i was never sure how id make an insurance claim on it if something bad would happen to it. Like a lighting strike hits the pole just outside the house and blows half of it up. |
| james_s:
It's quite common to use sale prices of similar gear on ebay or used equipment dealers. The only direct experience I've had was with a car which was quite a rare configuration of an otherwise relatively common car. They looked all over the country for comparable cars to base the value on, failing to find anything that qualifies they hired an appraiser who told them it was worth pretty much exactly what I said it was. I would expect them to give you a lowball offer and then you'd scour ebay sold items for comparable equipment and in most cases a decent insurance company will cave and pay out as long as the amount you're demanding is not completely obscene. If you have a lot of equipment you want to insure, take detailed photos of it, record model and serial numbers, make a note of anything unique about the specific equipment. Save any receipts you have, save any sold listings you happen to come across. It's not always trivial but it happens every day, there are people out there who's whole job is to assess the value of just about anything. |
| Mr. Scram:
--- Quote from: james_s on September 26, 2018, 06:23:17 am ---It's quite common to use sale prices of similar gear on ebay or used equipment dealers. The only direct experience I've had was with a car which was quite a rare configuration of an otherwise relatively common car. They looked all over the country for comparable cars to base the value on, failing to find anything that qualifies they hired an appraiser who told them it was worth pretty much exactly what I said it was. I would expect them to give you a lowball offer and then you'd scour ebay sold items for comparable equipment and in most cases a decent insurance company will cave and pay out as long as the amount you're demanding is not completely obscene. If you have a lot of equipment you want to insure, take detailed photos of it, record model and serial numbers, make a note of anything unique about the specific equipment. Save any receipts you have, save any sold listings you happen to come across. It's not always trivial but it happens every day, there are people out there who's whole job is to assess the value of just about anything. --- End quote --- It'd be safe to assume they're going to lowball you the first time. It's what they do. |
| Navigation |
| Message Index |
| Next page |
| Previous page |