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Care to elaborate? Unless they are underinsured or did a poor job of estimating the value of their equipment, I don't understand why you are asserting that insu
by nathanb 13y ago
Care to elaborate? Unless they are underinsured or did a poor job of estimating the value of their equipment, I don't understand why you are asserting that insurance wouldn't cover all losses. That's sort of what insurance is there for.
- dnautics 13y agoinsurance is there to cover specific losses, not all losses. Opportunity costs, for example. Perhaps there will be extra labor involved in the recovery effort, this can go towards that. In any case, it's somewhat moot, since a donor who is donating in the wake of this most likely doesn't mind if spillover from recovery costs goes into the program in general.
- nathanb 13y agoI'm not sure what opportunity cost there would be, considering that their digitizing operations are not revenue-generating. But I can see your general point, that even if all the physical repairs and goods are paid for by insurance there could still be some residual costs to be absorbed.
- dnautics 13y agoevery day that the office is closed down is a day they could have been scanning a document, eg.