Yo whats up everybody I know evevrbody this week is talking about sharp spinning blades and dust. I thought i would bring up money. No people are losing their jobs and crime is rising. What does all this mean well people are becoming more and more desperate. That means you need to make sure that no of your tools walk off. Now in some areas of the US thats not really a problem. But fire is a big problem. You need to make sure that all of your tools are under your homeowners policy and if you have ever gotten money for anything you have built and your insurance company knows about then you will be considered a comerical business and if your house burns down you wont be able to get the money for your tools because you are not under a comerical policy. Now what i did was I saved all my receipts and took pictures of everything in my shop so if something happens I wont loose any money when I need replacement tools. If you ran any electrical in your shop make sure its to code because you can violate your homeowners policy if your electrical is not to code in your city.
-- kosta Virginia Beach, VA http://www.kostasworkshop.blogspot.com/

















8 comments so far
a1Jim
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87068 posts in 1745 days
#1 posted 1476 days ago
Sounds like a good plan
-- W James Brokenbourgh Custom furniture maker http://artisticwoodstudio.com/
woodworm
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14104 posts in 1758 days
#2 posted 1476 days ago
A good reminder too.
-- masrol, kuala lumpur, MY.
Kindlingmaker
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2646 posts in 1694 days
#3 posted 1476 days ago
Don’t store your pictures in your shop!
-- Never board, always knotty, lots of growth rings
TraumaJacques
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433 posts in 1668 days
#4 posted 1476 days ago
Some people have guard snakes is that not enough… just kidding good point Kosta.
-- All bleeding will eventually stop.
chickenhelmet
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99 posts in 1480 days
#5 posted 1476 days ago
Renter’s insurance works well for those who don’t own. It’s quite reasonable.
-- Larry , Colorado www.coloradorecordcrates.com
Greg The Cajun Box Sculptor
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3769 posts in 1476 days
#6 posted 1476 days ago
I lost my house and home shop in 2005 to a flood so I realize the importance of insurance and receipts. So much of what i had was collected over 40+ years and some even older tools were handed down from my Dad. Many of these things you just do not have receipts for. Now, with a new shop and a new digital camera I photograph everything and keep all receipts and scan digital copies to a disc.
-- Every step of any project should be considered your masterpiece if you want the finished product to reflect the quality of your work. http://www.FineArtBoxes.com
SCOTSMAN
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4309 posts in 1753 days
#7 posted 1476 days ago
I owned a supermarket once which burned to the ground electrical fault the insurance company did everything they could( a. ) not to pay the full amont and (B.) to delay payment for over a year during which your interest on your loans went up substantially by 30% they are shysters and make no mistake they will eventually whittle it down the told me I was under insured and paid out eventually 60 cents in the diollar or 60 pence to the pound fortunately I didn’t have all my eggs in one basket and survived but I never trusted them again or will ever.Alistair
-- excuse my typing as I have a form of parkinsons disease
Dan Lyke
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1366 posts in 2293 days
#8 posted 1476 days ago
I’ve put the serial numbers to my tools that have them on a web page. Hopefully if someone finds a “too good to be true” deal they’ll search on the serial numbers before they buy.
And I search on serial numbers before I buy used stuff.
-- Dan Lyke, Petaluma California, http://www.flutterby.net/User:DanLyke
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