| Help required! - Insuring property in a storage facility [message #373886] |
Fr, 24 März 2006 14:10 |
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Dear All,
I'm not sure if I've come to right place, but I'm hoping I'll find someone
with some insurance knowledge.
I am in between properties and am moving out of my flat this weekend and
putting my flat contents into a storage facility. The storage people demand
that I insure my stuff, but they are asking £15 a week for insurance -
which is more than the cost of a month's contents insurance for my flat!
Does anyone know of any companies that offer insurance for belongings kept
in storage facilities, I've had no luck whatsoever finding anyone so far !
Many thanks
Richard
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| Re: Help required! - Insuring property in a storage facility [message #373892 ] |
Fr, 24 März 2006 17:26 |
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On 24 Mar 2006 13:10:05 GMT, Richard Dixon
<rdngemail [at] ^spam^yahoo.co.uk> wrote:
>Does anyone know of any companies that offer insurance for belongings kept
>in storage facilities, I've had no luck whatsoever finding anyone so far !
This seems rather odd - maybe you could invoice them for the cost of
storing your stuff. Why store it in a place that isn't even willing
to take the risk of actually storing it safely?
Are all these storage places so ludicrous?
Jim.
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| Re: Help required! - Insuring property in a storage facility [message #373893 ] |
Fr, 24 März 2006 17:29 |
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Richard Dixon wrote:
> Dear All,
>
> I'm not sure if I've come to right place, but I'm hoping I'll find someone
> with some insurance knowledge.
>
> I am in between properties and am moving out of my flat this weekend and
> putting my flat contents into a storage facility. The storage people demand
> that I insure my stuff, but they are asking £15 a week for insurance -
> which is more than the cost of a month's contents insurance for my flat!
>
> Does anyone know of any companies that offer insurance for belongings kept
> in storage facilities, I've had no luck whatsoever finding anyone so far !
>
> Many thanks
> Richard
Check your house contents policy - it may cover stuff in store for a
period of time.
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| Re: Help required! - Insuring property in a storage facility [message #373894 ] |
Fr, 24 März 2006 18:25 |
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Ian Cornish <icornish [at] talk21.com> wrote in
news:UbKdndHD_coXg7nZRVnyhA [at] eclipse.net.uk:
> Check your house contents policy - it may cover stuff in store for a
> period of time.
Sadly it doesn't...
Richard
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| Re: Help required! - Insuring property in a storage facility [message #373937 ] |
Sa, 25 März 2006 11:41 |
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"Jim Ley" <jim [at] jibbering.com> wrote in message
news:44241d93.16006836 [at] news.individual.net...
> On 24 Mar 2006 13:10:05 GMT, Richard Dixon
> <rdngemail [at] ^spam^yahoo.co.uk> wrote:
>
>>Does anyone know of any companies that offer insurance for belongings kept
>>in storage facilities, I've had no luck whatsoever finding anyone so far !
>
> This seems rather odd - maybe you could invoice them for the cost of
> storing your stuff. Why store it in a place that isn't even willing
> to take the risk of actually storing it safely?
>
> Are all these storage places so ludicrous?
IME Yes (though they may not make it compulsory).
What really annoys me about the ones local to me is they
give you a first two weeks free deal.
You store stuff for 4 weeks and you pay 50% of the bill.
Store somethings for 400 weeks and you pay 99.5%
of the bill, that seems the wrong way round to me.
They should be discounting the long periods, not the short
ones.
It also doesn't seem to encourage booking an 'oversize'
room to fill over several months. It is cheaper to take the
smallest room for 4 weeks (getting two free), when it is full
book a larger room for 4 weeks (getting 2 free) and move
into that, when it is full book the next size room for 4 weeks
(getting 2 free) etc.....
ISTM that the policies followed by these companies are
designed to make them uncompetitive, god knows why
tim
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| Re: Help required! - Insuring property in a storage facility [message #373942 ] |
Fr, 24 März 2006 21:52 |
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In message <44241d93.16006836 [at] news.individual.net>, Jim Ley
<jim [at] jibbering.com> writes
>On 24 Mar 2006 13:10:05 GMT, Richard Dixon
><rdngemail [at] ^spam^yahoo.co.uk> wrote:
>
>>Does anyone know of any companies that offer insurance for belongings kept
>>in storage facilities, I've had no luck whatsoever finding anyone so far !
>
>This seems rather odd - maybe you could invoice them for the cost of
>storing your stuff. Why store it in a place that isn't even willing
>to take the risk of actually storing it safely?
>
>Are all these storage places so ludicrous?
Theres nothing special about their reluctance. Banks wont insure safe
custody items either.
--
John Boyle
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| Re: Help required! - Insuring property in a storage facility [message #374003 ] |
So, 26 März 2006 11:09 |
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Richard Dixon wrote:
> Ian Cornish <icornish [at] talk21.com> wrote in
> news:UbKdndHD_coXg7nZRVnyhA [at] eclipse.net.uk:
>
>> Check your house contents policy - it may cover stuff in store for
>> a period of time.
>
> Sadly it doesn't...
>
> Richard
You have used an insurance broker, have you ?
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| Re: Help required! - Insuring property in a storage facility [message #374080 ] |
Mo, 27 März 2006 12:13 |
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"Fergus O'Rourke" <callasberr [at] GANSPAMtinet.ie> wrote in news:48n4dpFk1attU2
[at] individual.net:
> You have used an insurance broker, have you ?
I just had a basic house contents insurance with LloydsTsb - in the end I
went to a couple of local insurance brokers who said that typically
insurers stay well clear of "lock-up" storage type places as the cover is
typically for a short period of time and relatively high risk, so I stumped
up the daft £14 a week that the storage facility provided. Ho hum.
Thanks everyone for the pointers though.
Richard
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