Home Workshop Insurance

[Tony Pratt 1Participant @tonypratt1]

Apologies if this has been covered before but a forum search came up with nothing. I have decided to change my home insurance from Prudential for lets say financial reasons but all the alternatives don’t seem to cover fully my workshop contents [Myford Super 7, Myford VME mill plus numerous hand tools] which are in a garage extension attached to my house. Can someone please  point me in the right direction for a stand alone quote on my tools?

 

Thanks,

Tony

[Tony Pratt 1Participant @tonypratt1]

[keithmartParticipant @keithmart]

Hi

Try Aviva They claim to insure outbuildings as well as the house.

Regards

Keith

Leeds UK

Edited By keithmart on 31/10/2010 12:02:29

[TerrydParticipant @terryd72465]

Hi Tony,

 

I recently suffered a fire in my detached garage and workshop.  This destroyed all of my tools and equipment, and most of the large brick building (24x 28 feet)  had to be demolished.

 

Fortunately I am insured with Natwest for both buildings and contents.  This covers contents up to £50,000 with no limit on contents in garage or outbuildings and I will be able to replace all of my losses.  Many insurances do not cover contents of outbuildings and many others only offer limited cover, usually around £5000 Max.  I looked around at various cut price insurances which are widely advertised but fortunately stuck with my original despite it’s higher cost.

 

It pays to check the small print just in case.  In your case if you do not want to take out a complete new buildings and contents insurance I would initially talk to your insurer, they may be able to offer cover fore an additional premium.  If not, for the sake of a relatively small outlay I would cancel the policy and take out a better one elsewhere.  It’s worth it for peace of mind.

 

 Below are a couple of pictures just to inspire you

Remains of garage

 

The intensity of the fire is demonstrated by the middle beam.  This 200 x 100 I beam was straight! The Fire-fighters reckoned the temperature must have reached around 700 to 800 degrees C

 

 

Terry

[Tony Pratt 1Participant @tonypratt1]

Thanks to both of you! Terry, looks a nasty , nasty mess after the fire, guess thats what we have insurance for. I will be looking into my needs over the next coming week and will be checking the small print carefully.

Tony

[Dave HarrisParticipant @daveharris36943]

Tony,

            Just seen your question re insurance. If you go to any of the ‘high street ‘ insurance companies, ask for confirmation in writing that they will give you cover for your workshop, be it in a garage or shed and that they will cover the valuations which you give them. I have been trying to insure my garage workshop and whilst I have been told yes over the phone on initial enquiry, the underwriters have changed thier minds when issuing the policy and they dont tell you untill after they collect the first premium, and then its a case of ‘its at our discression’!  Suggest you approach someone like the firm that advertise in Model Engineer, the costs are higher but you get the cover you want and need.

[Author]

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