Re: Insurance
As a retired Chartered Insurer I've been watching this thread with some interest. My advice would be that everyone's situation is different and if you have any doubts then speak to your insurer. Unfortunately many insurance contracts nowadays are of the 'package' type and handled by Call Centre operatives whose knowledge and experience is limited with constant referrals to underwriters. There are of course exceptions but they seem to be getting fewer.
As Robert says - any mention of earnings from our hobby will often produce immediate negative responses rather than questions and a discussion. There is far too much - 'we can't do that' rather than 'let's see how we can help'.
My advice for everyday hobbyists would be to read your policy (which avoids mis-understandings & surprises in the event of a claim), check with your Household Insurer, be specific as to what YOU want and don't be put off by immediate refusals because you 'don't fit the box'. Those earning should seek a specialist insurer such as EOS Insurance. If you are at all unsure then speak to an Insurance Broker who will use their expertise to make sure YOU get the Cover YOU want.
I would say this wouldn't I, but Household & Personal Possessions Insurance is not complicated, insurers are not trying to be uncooperative - like everything else in life there are some bad & some good.
Rant over!
Bob
As a retired Chartered Insurer I've been watching this thread with some interest. My advice would be that everyone's situation is different and if you have any doubts then speak to your insurer. Unfortunately many insurance contracts nowadays are of the 'package' type and handled by Call Centre operatives whose knowledge and experience is limited with constant referrals to underwriters. There are of course exceptions but they seem to be getting fewer.
As Robert says - any mention of earnings from our hobby will often produce immediate negative responses rather than questions and a discussion. There is far too much - 'we can't do that' rather than 'let's see how we can help'.
My advice for everyday hobbyists would be to read your policy (which avoids mis-understandings & surprises in the event of a claim), check with your Household Insurer, be specific as to what YOU want and don't be put off by immediate refusals because you 'don't fit the box'. Those earning should seek a specialist insurer such as EOS Insurance. If you are at all unsure then speak to an Insurance Broker who will use their expertise to make sure YOU get the Cover YOU want.
I would say this wouldn't I, but Household & Personal Possessions Insurance is not complicated, insurers are not trying to be uncooperative - like everything else in life there are some bad & some good.
Rant over!
Bob
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