I know museums have insurance, but I’ve never really considered how they and their insurance carriers put a dollar amount on what they’re insuring.
How do you determine the monetary value of a 66+ million year old dinosaur bone? Like the finance director said, you can’t just pick up a new one at the store if the one you had gets stolen/destroyed. It really is priceless. How much is ‘priceless’ worth?
I know museums have insurance, but I’ve never really considered how they and their insurance carriers put a dollar amount on what they’re insuring.
How do you determine the monetary value of a 66+ million year old dinosaur bone? Like the finance director said, you can’t just pick up a new one at the store if the one you had gets stolen/destroyed. It really is priceless. How much is ‘priceless’ worth?