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DESCRIPTION: Foyer area rug; Options Tai Ping 100% virgin wool, Hong Kong, RN 20363, pattern SP/450CC, color L. Green #1 M.C., serial # H510365 FA50953/WWL; 11’ x 4’ 6”.
INSURED'S DESIGNER’S ESTIMATE: $10,037.00
SCOPE OF CLAIM: $  2,076.00
COMMENT: The insured’s designer’s estimate was based on having the rug remade by Stark Carpet, a high-end custom manufacturer. However, the information included in our description above was taken directly from a label on the back of the rug.  We therefore contacted the New York area sales representative for Options Tai Ping, the company listed on the label.  We emailed the representative the photos of the rug and the label.  According to Options Tai Ping, the rug is still available at a price of $1,384.00.  The scope of claim figure of $2,076.00 reflects a markup for delivery and other contingencies.
As this rug can be replaced by the original manufacturer Options Tai Ping, in our opinion there is no reason to have Stark design a similar rug at a much higher cost.