This section covers loss or damage to your model or garden railway (up to 7.25” gauge) whist at home and anywhere in the UK, including in transit and exhibitions, subject to a standard £100 excess, increased to £250 in respect of theft from unattended vehicles or caravans and any trailer, hotel or guest house room. Please refer to the Policy Wording Section 1 for full terms and conditions of cover.
You should include everything you have that is connected to your Model or Garden Railway hobby, so there is a clear distinction between what is covered under this policy and what is covered under your Home Contents policy. Our policy covers all damage to Model Railway Contents and Equipment, including but not limited to: Baseboards, electrical control equipment and wiring, Scenery, Track work, Locomotives and rolling stock (in respect of garden railways, cover is subject to items being stored away in locked building whilst not in use), Buildings and other model railway accessories, including, Books, Magazines, DVD’s, Videos, Photographs, etc.
It is vitally important that your chosen sums insured are adequate to compensate you for the full replacement cost in the event of a total loss. If the sum insured does not adequately reflect the full replacement value of the exhibitors’ property, then Under Insurance will apply. This means that any claim notified to us may be reduced in proportion to the percentage of under insurance.
If you choose a sum insured of £10,000 but the actual replacement/reinstatement value of the total Model Railway property was £20,000, then you have under insured by 50%. Therefore, any future claim settlement could be reduced by 50%, so settlement of a Theft claim for £5,000 may be reduced by 50% and settled at £2,500.