The UK's Finest Independent Forum for Shooters and Gun Owners. Est 2010.

I am covered(?) by at least 6 shooting insurance policies via clubs and organisations I am currently a memeber of. I am trying to reduce that number and at present I am looking at trying to compare the value for money and appropriateness of each policy to my needs and pocket, no easy task I'm finding as its like comparing apples and oranges. Nothing new there when it comes to financial products.

Anyway when looking at the policies I find that some state they are invalid if I have another policy, so on the face of it I could not be covered at all. Also if I did have to make a claim which policy would I claim on?

The message at the moment seems to be only be a member of one organisation that has insurance cover, more than one and you have none.

Or am I reading this wrong?

dromia wrote:I am covered(?) by at least 6 shooting insurance policies via clubs and organisations I am currently a memeber of. I am trying to reduce that number and at present I am looking at trying to compare the value for money and appropriateness of each policy to my needs and pocket, no easy task I'm finding as its like comparing apples and oranges. Nothing new there when it comes to financial products.

Anyway when looking at the policies I find that some state they are invalid if I have another policy, so on the face of it I could not be covered at all. Also if I did have to make a claim which policy would I claim on?

The message at the moment seems to be only be a member of one organisation that has insurance cover, more than one and you have none.

Or am I reading this wrong?

I know that the NSRA has just extended its cover to all forms of shooting, ie vermin, game etc for those who are members of an affiliated club and have individual membership.

Alan

Thanks Alan but is it valid if I have other insurances, eg the NRA? If I had both which one would I claim on?

the invalid if you have another policy is not, I believe, totally correct but is to stop you claiming twice for a single incident. Have a close read and it may say something like, "the policy is invalid if you have already claimed on another policy".

I have also heard that the reason so many are "good value" is that the insurers know that a lot of those people covered will have another one or two policies in place through other organisations and thus their total liability is reduced significantly.

I'm a member of three Clubs, Two Firearm, in which I'm covered by Club Insurance. My Clay Club has decided that we now have to have our own personal insurance policy.

I've checked around and this one seems to be the cheapest..............
http://www.ccc3.org.uk/?page=home


They quote £20 a year...Sounds reasonable.

Their policy on multiple insurance policies say....

<If at the time of making a claim there is any other Certificate covering the same risk we are entitled to contact
that insurer for a contribution. A person or company who is not a party to this Certificate has no right under
the Contracts (Rights of Third Parties) act 1999 to enforce any term of this Certificate but this does not affect
any right or remedy of a third party which exists or is available apart from that Act.>

So it appears that as long as you don't make multiple claims for the one incident, you are covered.

Thanks Polchraine, the wording does seem ambiguous to me. What I've found on the policies I've looked at is policy is only valid “if not covered by any other insurance”.

Looks cheap enough 25pdr I don't understand the £2m - £8M seperation on the public liability scheme though.

Any insurance bods members here or has anyone researched this thoroughly already able to give us lay people chapter and verse on the best VFM insurance for shooters.

I'm with BASC for £10M of legal, £10M of employer and £10M of product liability cover and as much sound first class legal advice that I need.

And Newmoon for loss of firearms...but read the fine print...IMHO you will not be covered for a barrel breach due to your naff reloading.

http://www.newmooninsurance.com/index.p ... le/93.html

Property, (building and contents) with a main insurer that notes I have firearms.

HTH

I work in the Insurance industry and I would be very surprised if the Association of British Insurers or the Financial Services Authority would support any clause invalidating insurance just because you have more than one policy.

Although I wasn't involved in liability Insurance I believe the process would be the same as it is for property insurance whereby if there are two policies in force then providing you disclose the details of each insurer, to all other insurers providing the same cover then the claim will be paid by one insurer and then after settlement, they will seek an appropriate contribution to the settlement costs from the other Insurers. There are formula in place for calculating the contribution.

Dull subject but I hope this helps.

I have asked some pertinent questions from our brokers and will post answers when I get them. I didn't understand that breakdown at all and I can usually do so nowadays.

Heather