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Insuring Astronomical Equipment

AstroAndy

By AstroAndy
in The Astro Lounge

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iapa

iapa

Posted
Posted
On 29/09/2021 at 16:37, Tomatobro said:

I wonder if Flo would get into the insurance broker business.....Just a thought

I’ve been looking at insurance, and that is one thought that I had.

May be over much overheard for a retail company tho’.

Despite their remarkable service, they are only human (I hope).

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JeremyS
JeremyS

Best is to add to your house insurance. You can specify amount,excess and what amount of cover. Usually much cheaper than bespoke insurance 

oscar_camilleri
oscar_camilleri

Luckily I work in insurance.  If you have a home and contents policy, you should be able to add it as a specified item against an agreed value for example astronomy kit( telescope, mount, camera

oscar_camilleri
oscar_camilleri

Hi Andy, unfortunately i cannot offer any price guides as there will be a lot of variables.  So it will depend on the insurers risk appetite ( how much they like to gamble) , how knowledgeable is the

Shimrod

Shimrod

Posted
Posted
8 minutes ago, iapa said:

I’ve been looking at insurance, and that is one thought that I had.

May be over much overheard for a retail company tho’.

Despite their remarkable service, they are only human (I hope).

It's quite a step from retailer to insurance broker - they'd have to be regulated by the FCA which brings all sorts of additional administration to the business.

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iapa

iapa

Posted
Posted
1 minute ago, Shimrod said:

It's quite a step from retailer to insurance broker - they'd have to be regulated by the FCA which brings all sorts of additional administration to the business.

That’s what I was saying.

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