Desktop assessments: Horse or automobile?

February 14, 2017

 

 

Insuranceshortfall.com's James Scott Brown, explores the doubt (and enthusiasm) surrounding desktop-based rebuild cost assessments…  

 

When Henry Ford's lawyer approached the Michigan Savings Bank for finance to support his investment in the manufacture of cars back in 1903, he was told: "The horse is here to stay, but the automobile is only a novelty, a fad."

 

History is littered with such statements of doubt and with the benefit of hindsight many of them make for quite amusing reading. Other classics include: