[Ti] Re: [Titanium] Insurance Cover for Powerbooks

[Dr. Trevor J. Hutley]

At 16:31 -0700 14/9/04, Christoph Pistor wrote:
>Trevor,
>
>We all know that you really loved your PowerBook, but at the time of theft
>the time value might have been merely $1000 instead of the $3500 you paid
>for it new. So what interest me, is how does your policy (or any other
>available) handle this. Do they pay 25% of the new price that is proved with
>the receipt, or do they have some kind of blue-book (like car insurances)
>that they use.
>
Christoph - and I thought you were going to answer MY question... !!

The insurance cover is new-for-old/replacement cost.  The insurance 
company benefits here, as the replacement cost is less than the 
purchase price (for computer stuff, on the basis that prics are 
always decreasing).

Trevor