Thread: Insuring shed and tools?

Rather than contacting an insurance company, contact an insurance broker.

There will be an insurer who will cover this, a broker is far more likely to know who to go talk to than most of us

Yep talk to a broker, perhaps one that does a bit of rural/ farm insurance

Try the Victorian Woodworkers Association

Originally Posted by Midnight Man

Rather than contacting an insurance company, contact an insurance broker.

There will be an insurer who will cover this, a broker is far more likely to know who to go talk to than most of us

Thanks for your suggestion. I should have mentioned that I have spoken to a number of brokers. The one that specialised in workshop/farm insurance was initially positive that he could help, but after trying for week had to admit defeat (. He said he could try Lloyds of London, but that the premium would be $2000+ per year! So I told him not to bother.

I posted here on the off chance that someone in a similar situation to me has been successful finding insurance. Still crossing my fingers ).

Cheers,

Michael

Originally Posted by ian

Try the Victorian Woodworkers Association

Thanks, I will contact them.

Originally Posted by mprenzler

Thanks for your suggestion. I should have mentioned that I have spoken to a number of brokers. .........

Good Morning Michael

I hope that you spoke to genuine brokers. A bit of googling on parentage might be revealing.

A lot of insurance brokers have been taken over by major insurance companies and continue to masquerade as independent brokers while happily referring all business to associated companies within their group.

It's a bit like the "independent" financial advisory arms of the major banks ..... as revealed by the royal commission.



Fair Winds

Graeme

Graeme has a good point.

If you get stuck looking for a genuinely independent broker, I have one we use in Perth (don't fret that they're not local, we're doing business with them for 15+ years from NSW).

Drop me a PM if you wish contact details.

Originally Posted by GraemeCook

Good Morning Michael

I hope that you spoke to genuine brokers. A bit of googling on parentage might be revealing.

A lot of insurance brokers have been taken over by major insurance companies and continue to masquerade as independent brokers while happily referring all business to associated companies within their group.

It's a bit like the "independent" financial advisory arms of the major banks ..... as revealed by the royal commission.



Fair Winds

Graeme

Thanks Graeme. My problem has been finding anyone to even quote, but your point about the importance of independent brokers is taken.

I have since received one quote but it's rather high, so I would certainly like to get a few more for comparison.