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Disklavier

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Message

insuring your disklavier

2013-10-27 by wandamusic@...

Just a fyi,
 
I stopped into my dealer yesterday to get an updated appraisal for my  
insurance company of my DU1A, which is no longer made. It had listed for 20K  
when I bought it and I insured it for about 17K based on my dealer's  
recommendation of actual replacement cost, if I waited for a sale and with  teacher 
discount, etc.
 
He gave me a document saying the DU1E3 is the current replacement and the  
list price is 25,999!
 
He suggested insuring for at least 20K as it will cost at least that to  
replace it.
 
I last did this over 5 years ago, and had no idea that prices went up so  
much.
 
I also don't know if prices are the same in other parts of the country, but 
 the point here is many of you have pianos way more costly than mine, make 
sure  you have enough insurance. Mine is a rider which covers more perils 
than my  condo insurance. 
 
(maybe the mayhem guy should do an Allstate piano commercial - George  L, 
you are probably the guy to make one up!)
 
I asked him if he sees purchases due to fires and perils much and he said  
yes. Once one of my student had a terrible house fire shortly after 
purchasing a  50K mahogany disklavier, I can't recall the model, but it was not that 
 large, but was a Mark IV. They did get a good price, and 3 years later 
when they  were ready to replace it they again got lucky with a sale.  

Blessings,

Wanda

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