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MODS – perhaps you could have a read through and make it sticky if you feel it will be of benefit.
The subject of insuring your fishing tackle is one of the most commonly raised subject on the Forum and gets diverse answers and opinions. Many users have grown frustrated at just what is and what isn’t covered under their policies. Basically there are 2 ways to insure your gear, via a specialist tackle insurer or via your household insurance.
The following is a guide as to what you should be looking for and also possible pit-falls and “grey areas” with both types of policy. It is not meant as a definitive guide as there are numerous insurers each with their own policy wordings however it will give a “broad brush” of what you should be looking for.
Household Cover
Starting with household insurance this is the cheapest way to cover your gear and if done correctly is pretty comprehensive. The core cover you would have to start with is contents cover for your normal household possessions. This would cover your tackle but only whilst in the confines of your home, you would have a small amount of cover whilst the tackle was in your car but nothing on the bank or in use.
Most insurers offer the optional extension of a personal belongings or personal possessions section. This is designed to extend the cover of your standard household policy out of the home and is normally written on a world-wide basis. You must specify an amount to be insured, the minimum is usually £2,000 and you will be covered for any loss or damage to your property whilst away from home. Obviously restrictions apply and the ones to be wary of are:
Theft from an unattended motor – standard policy limits are usually low, maximum £1,000 and only if the items were in a locked boot. Some insurers, (Norwich Union for example) offer a sports package extension which will increase the limit to £2,500 anywhere in the car.
Loss or damage whilst in use – Some insurers simply say, “excludes loss or damage to sports equipment whilst in use” I could honestly see an insurer stating that for the period you were on the bank your tackle would be “in use” therefore cover would not apply. Other insurers are more specific and say “excludes loss or damage to racquets, sticks, bats and clubs whilst in play” This would therefore allow full cover for your tackle. This area DEFINITELY should be checked.
Loss or damage whilst asleep – grey area! This is of most concern to the majority of anglers, waking up to find your pod and the £2,000 worth of gear that was sat on it have gone. As far as I am concerned unfortunately on a household policy there is no definitive answer. There are no specific exclusions to leaving stuff in the open whilst asleep BUT there is a duty of care to take reasonable precautions to prevent a theft and insurers may see a person being fast asleep whilst leaving £2,000 worth of gear in the open as not taking reasonable care. If you are beaten up though or woken up and threatened that is a different matter altogether and I would expect most insurers to pay for stolen tackle in this instance.
All in all a household policy will adequately cover you for most situations and the cost is cheap.
Specialist Tackle Insurers
For no other reason than they are the best known I will use Tackleguard in this instance.
First off it is expensive! £5,000 worth of cover will cost over £200 to include up to 30 days abroad, theft from a vehicle and night fishing.
10% policy excess, if you were wiped out of £5,000 worth of tackle you would have to pay the first £500. A standard household policy is £50 excess.
Items over £300 need to be specified, on a typical household policy this is £1,500.
If you have over £3500 worth of tackle in your motor the car must be protected with a Thatcham Category 1 or 2 alarm in order for cover to apply.
No cover for items over 10 years old.
If at the time of any claim you have any other insurance or guarantee which covers the same theft, accidental damage, loss, or damage they will only pay a rateable share of the claim. If you have a household policy in force they would expect a contribution from them, claims will get very messy!
You must take all reasonable care to prevent any Accidental Damage, Theft or Irrecoverable Loss and keep Your Property Insured and the Insured Location in a good state of repair and condition. This like the household version is very grey!
Tackleguard do provide cover overnight but you must be within 5 metres of your rods and use bite alarms. I would however expect them to make full use of the “reasonable care” wording in such circumstances!
For what it’s worth I insure my tackle under a household policy and I am perfectly happy that in 99% of cases I will be adequately covered.
Like I said this is not meant to be a definitive guide to insuring your tackle but hopefully it will have been useful. If the MODS want to make this sticky I will do my best to answer any further questions you may have.
Spod.
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This is getting a bit out of date in certain areas so i will update the post 1000 soon.
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In reply to Post #2
very helpfull
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In reply to Post #1159
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In reply to Post #1158
Why search out a 6 year old thread to mention and promote Korda insurance, when the search button would have provided you with dozens of recent insurance threads that have been discussed? 
Hmmm
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Korda do a nice insurance scheme, prices are quite reasonable too plus you get a goody bag 
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In reply to Post #36
will be doing that asap
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In reply to Post #35
Engin take photos of all your gear in your house so it can be seen its your place with copy of newspaper showing date that should do it even lay the hooklink spools out so you can see them
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In reply to Post #1000
I have mine covered with Swinton and have paid extra for shed cover.
for example: if you do get robbed will you only be able to claim items with a receipt, I know it sounds a silly question but you dot keep receipts for leads/hooklinks etc so how do you prove these?
I would be greatful if you could guve me an answer lads
Regards
Engin
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In reply to Post #33
Maybe it is, maybe it isn't, you need to check your policy document.
Each policy is different mate 
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In reply to Post #1000
is fishing gear covered under house insurance while in shed/garage?
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In reply to Post #1000
Double post :(
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In reply to Post #28
I'd like to add something that I believe is important and not covered yet.
When you insure anything with an insurer there is a value at risk.
Let's suppose that you add up a total of your fishing gear to say £5,000 and you add up your household effects and they are £20,000.
That adds up to a hefty premium so you tell the agent to put the household down as £10,000 to reduce the premium.
What you then have to be careful of is if the assesor adds up the household effects and thinks they should have been £20,000 the he will tell you that you are under-insured.
The problem comes when he applies the 50% under-insurance to your missing fishing gear and gives you £2.500 less the excess, £2,000 is what goes in your trouser pocket.
The moral of the story is check the small print very carefully.
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In reply to Post #26
Wishing I had my Gear insured - Had mine knicked out the shed couple of months back
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In reply to Post #1000
An old thread I know, but can anybody give me any decent insurers for all tackle, on the bank in the car and in the garage/shed? many thanks,Trev.
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In reply to Post #23
thanks mate can u pm me there number cheers
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| | | GAVIN | | Posts: 4124 |  | | aka ShortStack | |
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In reply to Post #23
Give CIS a ring mate i have said it a few times on here but thats who mine is with and they do all the things you have mentioned and more i pay £9 a month but worth its weight in gold.
Just ring them and ask them about their sporting goods policies
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In reply to Post #9
need to find someware to insure my new tackle , can some 1 point me the right way
needs to be insured day n night
in car when going fishing (not boot cant get 12ft rod in boot)
on the bank (if it gets nicked or broke)
tryed TackleGuard. but they dont insure carp gear no more ,
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In reply to Post #21
Excellent sticky post..
in answer to your question yes they will insure you for £500.
what would people recommend as te best tackle insurers?
would you say its tackleguard or anyone else?
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In reply to Post #20
Will they insure tackle Worth 300 - 500 pound?
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In reply to Post #19
SAME HERE
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In reply to Post #2
Just insured £2000 worth of tackle with TackleGuard. Its covered in a vehicle, at your home and on the bank, including night fishing, as long as your not sleeping more than five metres from the tackle.
With all these low life's about I thought it would be worth it incase I wake up and my rods, reels etc being nicked. Plus handy with accidental damage. The excess is 10% or £50. It cost me £39 for the year.
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In reply to Post #9
I had my shed broke into on the 21 november this year they took mine and sons gear. for wot we had between the to of us pru have just paid out 4000 k worth back in goods as the policy is old for new.
so now for the extra few pence more a month we are covered to 6000 k worth plus accidental damage on the bank and at home.
there not a bad company to be with.
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E&L dont insure at night  i think its bad as im a new customer they should have told me this before i took the policy out 
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Whats peoples views on e&l insurance? do they insure you whilst you are on the bank fishing? also at night?
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In reply to Post #1000
Thats interesting,,,, 3 yrs ago I got out of my Bivvy to find the rods and pod gone, I contacted the insurance and was paid out within a month,(Endsleigh House insurance) with no questions, On the 17th Sept My shed was broken into and all my gear went as well as my wielder, Norich union was a different matter, all my carp gear was insured under my personal belongings for £8000. This covers my kit anywhere in the world at any time, but Norich union stated that because it was my shed that the gear was in, it was only covered on my normal house insurance and shed and outbuildings are costed at £2500. so I went back to the Broker and comlained Norich Union eventually paid out in full. but the best part was trying to explain to the insurance that if my gear was insured any where in the world, where the hell do you think my shed is,,,,MARS !!! yea totally agree, insurance is needed by us all but what a pain in the arse getting it right
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In reply to Post #13
Im currently using my household insureance which runs out very shortly,and im thinking of using one of the specialised Tackle insureances which are about,is there one called Tackle-sure ?As my household insurence want reciepts etc,and luckily i hav'nt had to make a claim in over 12 years but there are so many clauses.Im a bit worried if the unfortunate happens i wont be able claim.
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In reply to Post #12
Stephen, you've not quite got it right mate 
i have to go out but I will come back on and answer your question later Stumbles mate
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In reply to Post #8
www.eandl.org.uk/coarsefishing try these
They do not insure whilst in use(night fishing). They only insure if you have had your equipment forcibly removed from you.
I presume it covers my personal items to same amount,so assumed that covered my tackle whilst out and about.
I would definately ring and check because I dont think that "personal possesions" covers your fishing tackle in use unless it is otherwise stated on your policy. I think tackle would be classed as sporting equipment and most companies do not insure it whilst in use.
Most people with household insurance have got cover on their tackle, only if it is nicked from the home, garage and sometimes your car, which leads people to believe that their equipment is insured on the bank, but unfortunately it is not. Unless it is specificaly stated on your policy, ring up and ask the questions and get peace of mind.
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In reply to Post #2
Spod any idea where you stand when you have a personal possesions clause in your household insurance.
I put a £3000 one on mine mainly to cover wifeys gems 
I presume it covers my personal items to same amount,so assumed that covered my tackle whilst out and about.
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In reply to Post #9
Yep, good point Sid
Most "decent" insurers will not have any limit though but the question should be asked when obtaining quotes.
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In reply to Post #2
just to add another point to look out for on you're household insurance...
check how much you're covered for when storing tackle in an outbuilding
i had to make a claim a few years back for £4000 only to find out that i was only covered for £2000 in an outbuilding/shed
ouch!!
i now keep the main items of tackle under the stairs!!
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In reply to Post #1000
www.eandl.org.uk/coarsefishing try these
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In reply to Post #1000
much appreciated spod !
I'm about to insure my gear and you have made me think before leaping.
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In reply to Post #5
Try M&S - very realistic prices and covered whilst in use for breakages and the like.
Only downside is it is underwriten by Norwich Union whose claims depertment will not win any prizes for customer relations!
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In reply to Post #4
best deal iv'e found is with Liverpool&Victoria (0800709709).Got house insured with £2500 for the fishing gear for £240
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In reply to Post #1
nice one spod.
I was just about to write the same thing
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In reply to Post #1
thanks for the info mate.very helpful
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In reply to Post #1
nice one Spod, I was just about to renew my household insurance and now know what to ask for!
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Stickies