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Home insurance for models
Posted: May 19th, 2012, 8:09 am
by Simon Willey
I have a load of modeling stuff and tools added to my home contents cover (yes it dose specify it on MY policy) in case some reprobate decides to help himself or we have a fire or similar. Its all stored in the shed/ garage etc as most of us do.
I have it with Direct line , but as ever the costs are going up. Has anyone else got there modeling stuff covered ,and if so who with. I found it very difficult to get cover on it in the first place
This year the cost has gone up by £80 which seams a lot and takes the bill to £565.
Simon
Re: Home insurance for models
Posted: May 19th, 2012, 9:40 am
by Rob Buckley
Simon,
We'll soon be able to offer model & equipment insurance cover through the LMA's insurers. This will cover for all risks except flying, details will be available as soon as I get them.
Rob
Re: Home insurance for models
Posted: May 19th, 2012, 9:46 am
by Alan Cantwell 1131
THIS IS INTERESTING NEWS, i cannot get cover for my gear, PLEASE keep us briefed
Re: Home insurance for models
Posted: May 19th, 2012, 9:56 am
by Simon Willey
Rob Buckley wrote:Simon,
We'll soon be able to offer model & equipment insurance cover through the LMA's insurers. This will cover for all risks except flying, details will be available as soon as I get them.
Rob
Hi Rob, what sort of time scale before this will be available , as my one needs renewing soon
Simon
Re: Home insurance for models
Posted: May 19th, 2012, 11:09 am
by Alan Cantwell 1131
i asked our insurance if they covered sports gear, yes, they did, what sport? erm, we dont cover them, but its a sport, i said, and recognised by the sports council, sorry, they said, not interested, strange eh?
Re: Home insurance for models
Posted: May 19th, 2012, 11:49 am
by stewart clifford
Criky , Simon, £565 sounds a lot, is this contents and buildings? I just have contents as I private rent, this is about £130 a year. I have the models and things listed as extra, it's considered as a "collection" with a value of up to £10k, obviously some of you will need to make that higher. I can't remember off the top of my head the name of the company but check out Lloyds bank insurance. Anyone who banks with them you'll know they force feed it to you everytime you go in there but it is one of the best policies you can get in the UK.
Stewart
Re: Home insurance for models
Posted: May 19th, 2012, 12:07 pm
by Rob Buckley
All being well we should be good to go any day now. I've done the paperwork with the insurers and as soon as they confirm the LMA's FSA approval I'll put the details out. So, watch this space (or a space very close to it!).
Re: Home insurance for models
Posted: May 20th, 2012, 8:53 am
by ROGER BALE
I had a helecoptod nicked from my van and it was replaced by the house insurer, the W/Shop is also covered and contents.we are with the CO OP but will now check with them to find out if things have changed.Rbale.