K Dog said...

Hey all,

Just wondering, many people insure their gear in their van?

Am sussing out some vans at the moment, and wondering just how much extra the insurance cover will be for "sporting" equipment.

Any one know? A few hundred on top of the van insurance?

Cheers,

K

My car insurance won't cover it, but my house contents insurance would (that is SGIO)
But $40 a fortnight for $100K plus contents, went to $80 just by adding windsurfing gear as it is portable and easily stolen or damaged.

Whatever the insurance companies charge you can bet they've a better handle on the probability of it getting stolen than you have. They'll come out ahead. Mark's figures of $40 a fortnight sounds exhorbitant? That's $1000.00 a year! For 3 boards, 5 sails, a couple of masts - $15,000 tops. It's got to all be stolen once every 15 yrs to break even. I've not had anything stolen in two lots of 15 years. Who has? Hands up. Not many I bet. Save your money.

seanhogan said...

I asked my insurance, I wanted the contents of my van covered up to 6000$ but they only agreed to 3000$.....
For just an extra 60$ per year.

Who do you use?

Currently using bingle for car, and RACV for home....... but will probably get whoever does best deal for Van.......

Who do you use?

Please don't forget I'm overseas... I use groupama

From a number of threads on here it appears that windsurfing gear is not what thieves are generally looking for. Hard to offload, easily identified and a limited market for hot gear.

troutty trousers said...

Too the best of my knowedge you can only insure through your house insurance, they say if it is not bolted down motor insurance don't want to know about it.
I have all my gear ~ $25,000 through my house and contents and it adds about $800 a year to my policy. That includes damage or stolen on the water or in the van
My way of thinking is if I dont claim in 25 years I lose but in the end it is piece of mind. Think how long it would take to replace if you didn't have the funds

That is my thinking too.
Yes it is $1K a year extra for me, but if I am on my way to the beach and my car is totalled in a prang I have nothing left but a mast extension and fins.
It is exorbitant as Ian says, but I reckon most windsurfers would be stuffed if anything happened to all their windsurfing gear (unless stolen from a locked garage).

My insurance company (and others I rang) would not cover it unless I took extra specified portables cover. I was annoyed and said they would cover my mate's $10,000 mountainbike unsecured on his back verandah and later stolen, but not the same value of windsurfing gear in a locked car or garage, and they said "yep".

If anyone knows a better way to have it covered for anything, even in the car, when not in use of course, then I'm up for it.

Laurie - seabreeze gear insurance, say $50 a year for $10K coverage. We will all be happy and you'll make $$$$

Stuthepirate said...

Has anyone spoke or quoted Club Marine. They do boats and yachts, A windsurfer is a transportable water craft. Maybe worth having a look.

The probelm a few years back when I rang around was all insurance companies called windsurfing gear "boating / marine equipment". Marine insurance mobs would not touch it as it was too portable and they called it sporting equip.

I think the former has changed, but doubt the latter has.

Stuthepirate said...

Has anyone spoke or quoted Club Marine. They do boats and yachts, A windsurfer is a transportable water craft. Maybe worth having a look.

Good idea.. We used to have our yacht insured with them..