Quote from: faraway on August 19, 2014, 12:18:26 PM

Quote from: jtoomim on August 14, 2014, 11:57:34 PM

Quote from: Brian_AdvaniaThor on August 14, 2014, 08:26:59 PM

and you may have real problems getting your equipment past angry landlords if they have gone under owning money.

Indeed, this happened to me. I was hosting one SP10 and one Cointerra with a company in Oregon, and they ran into financial difficulties and couldn't pay their landlord. After they defaulted on rent and electricity, their landlord locked them out of their warehouse, and wouldn't allow them to return my equipment to me. I called the landlord directly, but he couldn't legally allow me access to their space either. I ended up paying them a few hundred dollars over what I owed them to help them get me my machines back. It was practically extortion. Not fun.

They had a good insurance policy. I don't think it covered bankruptcy due to mismanagement. I guess I forgot to ask.

(For what it's worth, we paid our landlords 6 months' rent in advance.)

I'm not fully aware of hosting issues. But are we properly covered in the case of major disruption issues (machines stolen, hardware damaged, etc...) ?
Is there an insurance ? And what about the contract ?

For what it's worth, I am posting here a link to a portion of the policy document we got from Liberty Mutual. My purpose in publishing this is for people to comment on what we and our clients are covered for. I believe it mentions coverage or non-coverage in case of machines stolen or hardware damaged, but rather than review it again myself, I invite people to review it and comment.

Liberty Mutual Coverage