In reply to Post #33
Maybe it is, maybe it isn't, you need to check your policy document.

Each policy is different mate

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.

In reply to Post #120
Here's a confession

I told someone about something that had happened to a friend of a friend.
I was pissed off when he told me that it was an urban legend.

He said, what were you told. So I relayed the story of the awful event that befell a friend of my friend. He than said yes but you told me it had happened to a friend of your friend but it had happened to a friend of a friend of a friend of yours.

People seem to automatically do this....did I feel dumb.