Sad to hear the good people at Timbernation had a fire (and no insurance).



 

 

cerrot

Someone dropped the ball.  How did the new owners get a mortgage without proof of insurance (assuming a mortgage)?  In the US, don’t most business property insurance policy’s include an anti-assignment of benefits clause in the contract, therefore, prior covered could not be transferred to the new owner.  

What I don’t understand is the Go Fund me goal was around 7 grand.  Does this mean that Timbernation didn’t have even 7 grand available to do the repairs?   If that is the case, then they are truly operating on a shoe string budget and it is not a good way to run a business.  That tells me a lot. 

Interesting thread.

Chris’s machinery is from an era of well built brick outhouse, extremely reliable and not so easy replaceable. I’ve set up wood shops from sales thru service and everything in between since 1999. I spoke with him a couple years back and in that brief conversation believe we’d conversed more about wood working than Audio. 

Unfortunate :-( 

What irks me most are those who steal a man’s lively hood, his (tools.) I’ve landed many easy sales on such a unfortunate set of circumstances. A guys gotta regroup and retool. 

It was just  miscommunication.

You were in insurance business and still you miscommunicated with the folks on this forum? That information you provided would definitely set the correct tone for responses.