Author Topic: Workshop insurance  (Read 2300 times)

Online sco

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Workshop insurance
« on: July 31, 2013, 02:15:17 PM »
Guys in the UK specifically what do you do about insuring your workshop against fire and theft of contents - extension to your household policy or specialist insurer?

Any recommendations / suggestions gratefully received.

Simon.
Ars longa, vita brevis.

Offline pgp001

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Re: Workshop insurance
« Reply #1 on: July 31, 2013, 02:24:08 PM »
I have no connection with this firm, but have heard they are OK.

http://www.walkermidgley.com/docs/individual_modellers_and_model_engineers.pdf

Phil

Offline Jo

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Re: Workshop insurance
« Reply #2 on: July 31, 2013, 02:35:09 PM »
Yes WalkerMidgley are good. You will find that it is cheaper if you are a member of a club. Workshop insurance is not cheap.

My household insurance, at no extra cost,  covers my workshops in outside buildings new for old in the case of a fire :lolb: but limited value in the case of theft  :-\. As the only things that normally get stolen around here are landrovers and lawn tractors my lawn tractor is between the building entrance and the workshop door  ;).

Any tools in the main house are covered full value by the same house insurance :naughty:

Jo
Enjoyment is more important than achievement.

Online sco

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Re: Workshop insurance
« Reply #3 on: July 31, 2013, 09:30:57 PM »
Checked my current household policy - doesn't cover any of the machine tools because they are classed as 'plant' not DIY tools  >:(

Will look into Walker Midgley.

Cheers,

Simon.
Ars longa, vita brevis.

Offline Jo

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Re: Workshop insurance
« Reply #4 on: July 31, 2013, 09:50:35 PM »
Bad luck  :-\

I had a big too and fro with my insurers over the various items like my clocks, models and machine tools. Some companies like to lump like things together and call it a collection and if total value was over £3.5K you pay extra. This lot were a bit more inteligent and kept each seperate, so nothing had to be declared, but they have got the itemised list on record  ;).

But we did agree that new for old on the Colchester Master might be pushing it a little too far :lolb: But when they found out what she weighed they didn't see it as a big theft risk.

Jo
Enjoyment is more important than achievement.

Online sco

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Re: Workshop insurance
« Reply #5 on: July 31, 2013, 09:55:59 PM »
Yeah I think the theft risk of the machines is relatively low due to their weight / being bolted down but would like them covered in case of fire.
Ars longa, vita brevis.

 

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