How do people (amateurs) insure their tools? I just totted up the stuff
in my workshop and got nearly 10,000 GBP replacement cost.

I can add it to the contents insurance, but is there a better way?

R.

On Mon, 13 Feb 2006 13:14:41 +0000, Richard A Downing
wrote:

How do people (amateurs) insure their tools? I just totted up the stuff
in my workshop and got nearly 10,000 GBP replacement cost.

I can add it to the contents insurance, but is there a better way?

R.
Mine are on the house insurance. or at my self-build on the site
insurance.

Rick

In article ,
Richard A Downing wrote:
How do people (amateurs) insure their tools? I just totted up the stuff
in my workshop and got nearly 10,000 GBP replacement cost.

I can add it to the contents insurance, but is there a better way?

I'd say you might need specialist insurance if it's an external workshop.

--
*Speak softly and carry a cellular phone *

Dave Plowman London SW
To e-mail, change noise into sound.

Richard A Downing said the following on 13/02/2006 13:14:
How do people (amateurs) insure their tools? I just totted up the stuff
in my workshop and got nearly 10,000 GBP replacement cost.

I can add it to the contents insurance, but is there a better way?

R.

Can't speak to your main question because I have commercial insurance
anyway, but if you do decide to get your stuff insured, make sure you
photograph/list every item. This is both for your benefit (so you don't
forget to claim for anything) and to prove to the insurance company that
you owned everything you are claiming for.

Dave Plowman (News) wrote:
In article ,
Richard A Downing wrote:
How do people (amateurs) insure their tools? I just totted up the
stuff in my workshop and got nearly 10,000 GBP replacement cost.

I can add it to the contents insurance, but is there a better way?

I'd say you might need specialist insurance if it's an external
workshop.

FiL got his workshops turned over by pikeys. well, I say workshops
but it was six interconnected horse stables in a block at the bottom
of the garden, some 200m away. they took everything. house insurance
covered it, he made a list of what was missing and the ins. co. replaced
everything rather than handing over a cheque. this was about 8 years ago.

he now has a collection of top of the range dewalt, makita etc.

In article ,
. [email protected] wrote:
I'd say you might need specialist insurance if it's an external
workshop.

FiL got his workshops turned over by pikeys. well, I say workshops
but it was six interconnected horse stables in a block at the bottom
of the garden, some 200m away. they took everything. house insurance
covered it, he made a list of what was missing and the ins. co. replaced
everything rather than handing over a cheque. this was about 8 years ago.

he now has a collection of top of the range dewalt, makita etc.

Good for him. I'd still check with your actual insurance company, though.
Insurance has got much more cutthroat these days so I wouldn't just assume
I'd be covered for a large value of tools.

--
*Friends help you move. Real friends help you move bodies.

Dave Plowman London SW
To e-mail, change noise into sound.

Richard A Downing wrote:
How do people (amateurs) insure their tools? I just totted up the
stuff in my workshop and got nearly 10,000 GBP replacement cost.

What was your address?

:-)


--
Dave
The Medway Handyman
www.medwayhandyman.co.uk
01634 717930
07850 597257

In message , Richard A Downing
writes
How do people (amateurs) insure their tools? I just totted up the stuff
in my workshop and got nearly 10,000 GBP replacement cost.

I can add it to the contents insurance, but is there a better way?

I'd better come round and (cough) take a look

What's the address ?


--
geoff

The Medway Handyman wrote:
Richard A Downing wrote:
How do people (amateurs) insure their tools? I just totted up the
stuff in my workshop and got nearly 10,000 GBP replacement cost.

What was your address?

:-)


A very long way from the Medway. :-)


R.

raden wrote:
In message , Richard A Downing
writes
How do people (amateurs) insure their tools? I just totted up the stuff
in my workshop and got nearly 10,000 GBP replacement cost.

I can add it to the contents insurance, but is there a better way?

I'd better come round and (cough) take a look

What's the address ?



Could you all wait until AFTER I get it well insured please?

I suggest you look at your inventory too. If you add up all the small
tools, like drill bits (3-5 a time) and router bits (15-60), as well as
the table saw and planer, and bandsaw, and the 40W soldering iron etc,
etc.. It isn't at all difficult to get to a big number - of course no
thief will be taking the lot, but a loss adjuster could look at what's
left and say 'You are only 50% insured, so we only pay 50%'....

R.

On Mon, 13 Feb 2006 18:44:15 GMT, "The Medway Handyman"
wrote:

Richard A Downing wrote:
How do people (amateurs) insure their tools? I just totted up the
stuff in my workshop and got nearly 10,000 GBP replacement cost.

What was your address?

Chances are it starts with one of the following:

11/19/5/48/20

If it does then get that insurance sorted out quick (and alter your
posting name to be a little less traceable)


--

Matt wrote:

Chances are it starts with one of the following:

11/19/5/48/20

If it does then get that insurance sorted out quick (and alter your
posting name to be a little less traceable)

How you know that kemosabe?

--
Dave
The Medway Handyman
www.medwayhandyman.co.uk
01634 717930
07850 597257

Richard A Downing wrote:
raden wrote:
In message , Richard A Downing
writes
How do people (amateurs) insure their tools? I just totted up the stuff
in my workshop and got nearly 10,000 GBP replacement cost.

I can add it to the contents insurance, but is there a better way?

I'd better come round and (cough) take a look

What's the address ?



Could you all wait until AFTER I get it well insured please?

I suggest you look at your inventory too. If you add up all the small
tools, like drill bits (3-5 a time) and router bits (15-60), as well as
the table saw and planer, and bandsaw, and the 40W soldering iron etc,
etc.. It isn't at all difficult to get to a big number - of course no
thief will be taking the lot, but a loss adjuster could look at what's
left and say 'You are only 50% insured, so we only pay 50%'....

Or your workshop could burn down

Most insurance companys want proof of ownership.

That means original invoices and photos, and serial numbers

My insurance company wanted a list of everything over £250. So check
with your insurance what max individual value is covered.

As I had a Dewalt (bought off Ebay) that when I checked, it had the
serial number scrapped off. Which my insurance company then refused to
cover, as assumed stolen, even thou I had got a reciept of purchase.

In the event of a claim, they want confirmation that all the door
locks were locked, and also a police incident number, with proof of
breaking and entry.

Any payments will not be paid direct to you but will be to the company
you have nominated as being the replacement supplier.

As a general advice take a number of photos of your workshop layout,
and thats the same for your own domestic house property.

Get an alarm fitted.