I'm interested in hearing how you handle high value items that come in for personalization ... expensive watches, etc.
Some of the things I'd like to hear about if you have them in place:
- Do you carry any sort of insurance rider or policy for losses specifically related to this sort of accident?
- Do you use a special agreement to sign and/or some sort of clause on customer paperwork explaining the limits of your responsibility for things that happen outside your control? (Laser goes down during a job, etc.)
- Any other tips or approaches about this would be appreciated.
Over the years, I've heard and read comments from other shop owners that dealt with a percent of the item's value, flat rate tiers, etc. Discussions about pricing are forbidden on this forum, but if you have a general approach for protecting against such losses that can be described in vague or general terms ... perhaps a moderator could chime in and help keep this discussion between the guard rails. It's not my intent to run afoul of the rules.
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Bill Collier
Arch Engraving
Fenton MO
314.966.8800
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