household insurance

[Mike357]

I have chuckled my way through this thread with all the inaccurate information that is being flung about.

Look for the 6 outcomes in the FSA "Treating Customers Fairly" Does that sound like a set of guidelines that will allow insurers to void policies and repudiate claims? As I have stated, there is no need to disclose firearms, powder etc. to your insurer. If I doubt, ask.

And by the way, if all the rubbish about risk and contacting fire brigades is true then I believe Liniseed Oil can combust. How many of you that rub it on stocks have advised the Fire Brigade? Anybody with welding gas? EXACTLY.

Too much scaremongering!

[Chuck]

from earlier

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But, the bottom line is the onus is on YOU to tell them, not for them to ask. [color=#FF0000]If you think about it, the list of questions to ask everyone to cover ALL eventualities would take forever to complete would it not.[/color] SO: Onus is on you to disclose ANYTHING that may affect the risk..and as I said (and the law says too) it is NOT for you to decide what is a material fact...The fact that you must keep your guns locked away should tell you something aboiut the RISk..ergo insurers should know too

.

The two words are "common sense".

Dougan, thanks for that, save sme a load of writing

Mike I speak with 30+ years insurance exerience with reputable insurers and as an IFA....yes things are moving on but a rifle and fitted scope can easily top that magical £1500...even a Nightforce or S&B can be mighty close if not in excess of that figure...Bottom line be safe not sorry.

Linsed oil etc is just another red herring..what about cooking oil. It may, as we agree NOT make a difference but then again it might for all the reasons I outlined as did Dougan and some others.

You can have all the outcomes you like BUT you are still depending on an insurer not getting miffed because they had a risk that was NOT fully disclosed.

Yes we can play "what if" scenarios for ever on here..but i think we have pretty well clarified the insurance aspect...As for security...Well that is beyond your control and you never know who is watching you anyway......and neighbours will talk.

There are moves afoot to change the law but these things move slowly and at the end of the day the insurers do NOT want to void a claim if they can help it..BUT why give them the chance to do it? Penny wise and pound foolish..

[M99]

Chuck,

Whilst you might be and IFA - Mike works in the industry being discussed!

Mike

[Dougan]

Chuck,

Whilst you might be and IFA - Mike works in the industry being discussed!

Mike

Mike, I work with both the underwriting and complaints departments of one of England's larger home insurers, dealing with and preventing complaints with claims....

[Dougan]

Chuck - I'm giving up on this one :cheers:

[Dave 101]

Hi all

As my house and contents insurance is due for renewel on the 1st Dec I phoned them last night as my guns haven't been declared before I decided to ask them if it would make any difference , so they wanted to know make and an approximate value of each rifle . This amounted to a £4 increase in my policy .
Last time I asked this question 20/ 30 years ago I was told they are classed as sports equipment but that was then . So the deed is done and no biggy .

Dave

[Chuck]

mike..just to clarify the matter...I was 30 YEARS in the Insurance Industry . _ Local agent, broker, IFA, tied agent...General Agent... Managed a brokerage nd took them from 0 - £1.7MILLION T/o in 18 months, was one of the Pru's top agents (and youngest ever at the time I started), I think I am well qualified on the subject thanks...also did ACII exams, Insurance Law, Studied English and Scottish Contract Law, Principles of Scots Law, Law of Contract, Economics and some other stuff....

I also did consumer and business financial advice and recovery/asset protection for 16 years which entailed amongst other things fighting insurers for clients with duff claims (and also doing court reprsentation for them). Seems fair experience to me.

Can't speak for anyone else on here, I know targetman was also insurance same as myself.

Dougan: I concur... :cheers: brought back memories of the good old days.

Dave, thanks for making our point...peace of mind for 4 Quid...not even the price of 2 pints...a bargain!

Try to remember also that we are an ANTI gun nation, not like it was in the Sixties when you bought a shotgun mail order and your SGC was 12/6d at the post office.