[fenman]

4 years ago I had my van with all my kit inside stolen from outside a house I was cleaning. ( nightmare )
NFU were very good and when it was recovered 3 days later ( minus my equipment ) they sorted out all the repairs.
They paid out the full policy value for my equipment and although I had underestimated the replacement cost of the bigger items they changed the policy to reflect the true value in future at no extra cost.
Never had a problem with them so I would rather pay a little more for peace of mind.

[happy mondays]

I thought the 250k treatment risk was very high and especially for such a low premium, mines set at 25k. I was told to phone my broker if I ever did a job that I thought would exceed this and they would inform my insurer. Derek your premium seems pretty low for so much treatment risk.

To date no one else seems to have confirmed they are also covered for this amount for a treatment risk.

So the jury is out.

[derek west]

jury? didn't realise i was on trial.

right okay, heres my defence.

axa was £250k treatment risk

this new one has 5 million

all this for £350

then another £350 for equipment up to 20k


CORE COVERS LIMIT OF INDEMNITY EXCESS
Public Liability £ 5,000,000 any one claim £ 250 each and every claim
Products Liability £ 5,000,000 any one year £ 250 each and every claim
Employers Liability £ 10,000,000 any one claim £ 250 each and every claim
Cover Includes:

Damage to Property Being Worked Upon

Treatment Risks

Loss of Customer’s Keys to £

[derek west]

correction, policy is £475 then £250 for eqiupment.

[elliott cleaning]

Derek

Above on the one side you mention 'treatment risk' & on the other side you mention 'product liability'.    Check out the definitions carefully in each case.  You might find that they are not one and the same thing

[derek west]

done it checked it. that was cut and pasted off the policy, i missed a line which also covers me for working at height which also helps when your hanging out of a third floor flat window hauling up pipes

[happy mondays]

Hi Derek,  

Maybe think I need to change my insurers, I wasnt having a go or doubting you, it seems a very good price for alot of cover, as Ive said mine is 10mill employee, 5 mill public, loss of keys, misuse of telephones etc, items worked upon, but only 25k treatment risk.   

[derek west]

like a lot of people have said on here, when it comes to insurance companies, price is one thing, them paying out is another.

anyone had any problems with allied paying out? obviously axa are a definate no no, judging from some of the posts.

oh and just an update, NFU quoted me £1300.

[happy mondays]

I think its a must to be bothered to shop around, just like any other insurance (home, car etc) I always seem to end up leaving until the last minute, in my experience most premiums are based on turnover. I will make the effort next year and get quotes direct rather than using a broker.