The Official Armortek Forum - World leader in one sixth scale metal kits

Hi guys,
I am looking to insure my tanks as part of my house and contents insurance.My present insurers (Caravan & Camping Club) will not cover me and have said I need a specialist co.to do this.I have 3 Armortek and 1 Mark-1 tank. I keep them in my garage,which is part of the house.
I thought if there was a fire etc I would lose the lot.
What do you guys do and are there any companies you know that cover this sort of thing. I don't want to insure them for any outside use,just here on my premises.
Look forward to hearing from you.
Dunc

Nord West Kampfgruppe.

Hi Dunc,

After seeing your driving I fully understand why you want insurance

As far as I remember, if you join the UK tank club you got a public liability insurance. I also have my models insured under a separate policy for fire and theft with Direct line, costs me £100 a year and they are both covered for £4500 and £5800, it is part of my home insurance but because the are so pricey they have their own policy. I had to provide receipts to prove how much they have cost.

Paul.

Hi Guys

Hep , me too on the house insurance but added as extras, allso 3 more temp tanks to cover when i work on other peoples . £150 for the year, for seven tanks

but well worth it.

Richie

Hi Duncan

Walter Midgley at http://www.walkermidgley.co.uk/ do specialist model insurance. Some members of the UKTC use them.

Hope this helps.

Mick

Hi Mick,

Thanks for the link , I've now contacted Tony as mine have no seperate insurance if anything happens .

Dunc,

Thanks for bringing this to all of our attention

Antony

I managed to get my insurance against fire and theft included with my house and contents insurance. The additional cost was only about £20. My advice would be to secure a few quotes for house and contents, including cover for the tanks, from several different companies.

Thanks for the info guys.I'll certainly look into some of the options suggested.
Duncan

Nord Wset Kampfgruppe

Hi Allan,

The only problem with just doing the models on your house insurance is, they are only covered at the house, if they are stolen at a meet or show, you will get nothing!!!

Paul

Good subject! I wrote an article about how to obtain insurance for another hobby where we transport sometimes expensive toys about. See <http://www.company7.com/library/insuring.html>.

My study of typical policies offered by major insurers in the USA concluded one is generally better off increasing the contents coverage of a residential policy so that the percentage of loss allowed off premises (usually 10% of total valuation) will be sufficient. So if you have $20,000 time and materials invested in a model, then up the contents to at least $200,000. This is more cost effective and just as effective as buying a 'floater' or other specialty policies that may be necessary for some other categories of valuables.

One the matter of liability off premises, one should discuss this with the insurance agent since they may offer policies for a hobbyist as they do for professionals.

Posted on Behalf of Denny Patterson

He is insured with:

Anthony Wakefield & Co, South House 21-37 South Street Dorking RH4 2JZ Tel: 0870 2410142

cost:

£60 per annum for two tanks value £11,000 pounds.
Covered anywhere in the UK.