 Poster: A snowHead
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Hi all.
Does anyone know of a policy where you can insure your skis as a standalone policy rather than being incorporated within travel or household insurance?
Had a quick look via google and the search facility here but can't find anything.
Thanks.
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Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
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Why would you? What situation are you trying to cover?
I suspect that is the reason you can't find anything.
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Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
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| Layne wrote: |
| Why would you? What situation are you trying to cover? |
Expensive skis, they can easily be between £500 and £1000+
The only way to get close to the cover needed with travel insurance as far as I can tell is to go for the top level of cover which can be expensive. It provides much more cover than what I need other than ski equipment. Even then, with top level cover the single item limit might not cover it. Reviewing two recent policies, single item limit is max £500, then factor in the excess. Plus there is often a single item limit on baggage. Reviewing policies again, max £400. Yes, you can claim through the carrier but having insurance on top is not bad thing.
Also, skiing in Scotland (I am local to a few places, if there is any snow of course!) where you would not normally have travel insurance.
Claim on home insurance and you take a hit on no claims.
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You need to Login to know who's really who.
You need to Login to know who's really who.
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I would have thought that any cover for expensive skis would have a lot of small print and exclusions as well as a substantial excess. And be expensive.
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Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
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This cover does exist. If you buy new skis here in CH you will be offered insurance against theft or damage, for a small additional charge. Normally skis are covered to a limited extent by household contents insurance, but with a new pair of Stöcklis costing CHF1300+, it’s nice to know they’re properly covered.
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You'll need to Register first of course.
You'll need to Register first of course.
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@pam w, You're probably right. I've never really looked deeply in to it and just took travel insurance but I'm on the cusp of replacing my skis so started looking at what was covered.
I can only base on the policies I have to hand but they don't even come close. As I said, £500 max as far as I can see. These days, that's not that much for your own skis inc. bindings, IMO anyway, looking at how much kit is selling for new.
I use a lock when I go away but even so, a lot of money to have stolen.
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I doubt you will get a quote for a pair of skis alone (not worth their while) , and more than likely if you did it will be expensive for a single high risk item.
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| ster wrote: |
| I doubt you will get a quote for a pair of skis alone (not worth their while) , and more than likely if you did it will be expensive for a single high risk item. |
It's looking that way, but looking at travel insurance limits, I expect many of us are not covered nearly enough?
Also, lets say your premium is around £30 to £50 for a single trip with all the cover you get, medical being a big risk I would say. When I was first thinking about this I thought the ski cover element of the insurance can't be all that much? Even if it was say 50% (and I think that's being generous), and the limit was £500, what would that be for a year? I have no idea but can't be that much?
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You'll get to see more forums and be part of the best ski club on the net.
You'll get to see more forums and be part of the best ski club on the net.
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@Boofont, IME skis are subject to wear and tear deductions so after 5 years they are deemed to be worthless.
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@Boofont, this is the nature of insurance.
First thing to note is most policies won't be new for old. I remember calling SnowCard and asking about this. The guy even told me he doesn't bother with it (under their policy it was optional). So by the time you've used your £1000 skis a couple of times your insurance cover is already probably down close to the £500. Not to mention the excess and hassle of making the claim.
If you do find insurance that is new for old, it's going to be very expensive.
Most of it is a lot of bollox IMO. You should just self insure this stuff.
What I want insurance to cover is the big stuff i.e., medical, liability.
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snowHeads are a friendly bunch.
snowHeads are a friendly bunch.
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Thanks all.
@holidayloverxx, yes, after 5 years, but see the table I grabbed from one policy. If you're paying £1000 for some skis, you still looking at say 70% at year 2, if the single limit reflected the price of the ski etc.
@Layne, what do you mean by "self insure"?
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And love to help out and answer questions and of course, read each other's snow reports.
And love to help out and answer questions and of course, read each other's snow reports.
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@Boofont, self insure means save the money you would have saved on premiums and use that as "insurance" if you lose or damage your skis. In effect don't bother with insurance and just suck it up if it happens.
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| holidayloverxx wrote: |
| @Boofont, self insure means save the money you would have saved on premiums and use that as "insurance" if you lose or damage your skis. In effect don't bother with insurance and just suck it up if it happens. |
Yeah, I get what self insure means. I was meaning, how can you "self insure" skis? As far as I know, you can't remove that element from travel insurance? And considering the costs should you need medical or be unfortunate to injure someone else I'm not sure having zero insurance is a good idea. Guess you can go for the Carre Neige style route via the lift pass. Even then, no insurance for anything else. Besides, the premiums for travel insurance are not that much.
Found Admiral do cover to £1000 but as I said, all the other cover is way more than I need.
Anyway, looks like the answer "No, no such insurance in the UK" 
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You know it makes sense.
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@Boofont, the point is that your travel insurance has some cover in it which you can't remove (SnowCard, you used to be able to, MPI maybe) but it doesn't cover the full value. So that is the part you are self insuring, saving the money of the premium or specialist insurance to advance against this.
I am certainly not advocating not having any travel insurance.
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Otherwise you'll just go on seeing the one name:
Otherwise you'll just go on seeing the one name:
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Poster: A snowHead
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FAQ
It's more insurance for theft to be honest.
