Pricing for binding repair on oriental rugs

[Beth Thompson]

In 2013, my three oriental wool rugs were cleaned, treated against moths, rolled and covered with heavy plastic by a local rug merchant so that they could be stored.

Last month, they had to be opened and inspected because they were in our flooded basement.

Insurance pays for anything that has to do with flood damage, including what is necessary to retreat the rugs so that they can be stored, as we won't be using them again for another two years.

The rug merchant discovered that some binding is starting to unravel. He says it has to be stopped right away or the damage will get worse. He wants to charge $150 for the work. This is not covered by our insurance.

Photos are below.

This price does not include pickup or delivery as that is included is what the insurance is covering.

Your opinions as to whether $150 is a fair price for what seems to be a small amount of damage would be most welcome.

Also, an explanation of the different ways an expert repairer would fix this problem would be very appreciated. I would love to become more educated about rug repair.

Thank you in advance!