Insurance Update

The UKMSA has worked hard in trying to secure a better insurance deal. However, we have made too many statements about imminent deals and offers that have then failed to materialise. We apologise for this and, while we will continue to look for better deals from an insurance industry that largely does not yet seem ready for Sheds, we will no longer raise your expectations by pre-announcing things we can’t guarantee to deliver.

On the positive side, we have one offer that UKMSA members have reported as effective and relatively good value for money. This is from Zurich who offer a 5% discount to paid up UKMSA members. We also advertise CaSE insurance on our website which is a social enterprise.

Those of you who came to Shed Fest heard about potential offers from the Australian Men’s Sheds Association (AMSA) and Export and General Insurance. After much consideration and lengthy conversations with the AMSA, the UKMSA trustees felt this offer too risky to support since the actual price of the insurance would have been subject to currency fluctuations and making a legal claim across international boundaries, should a claim dispute arise would most likely be a harrowing and expensive undertaking. For these reasons, the trustees have decided not to progress this any further. Discussions with Export and General are ongoing as they try to secure a willing UK underwriter, but we and they have no idea when, if ever, such an arrangement will yield results.

Some Sheds have contacted us to tell us which insurance companies and/or brokers they use. Some of these are listed below, but please be aware that UKMSA is not directly recommending them and cannot ensure that contact details are up to date.

Please let us know if you have a positive story to share regarding your Shed insurance as that will be of benefit to the wider Shed community.

  • Ladbrook Insurance: Tim Larden 01909 565 858
  • Walker Midgley Insurance Brokers (Towergate Insurance): 0114 250 2770
  • Thomas Carroll Brokers Ltd (using Hiscox): Vanessa Williams 029 2085 8611
  • David Upshall Insurance Brokers: John Sier 01305 268883
  • Markel Direct Insurance: 0800 640 6600

STOP PRESS – we have just heard that Export and General now have an offer of £5m Public liability, £50k of legal expenses and £5k of contents insurance. This is more expensive than Zurich, but offers more cover. For details, please contact John Mitchell on 0208 255 0617 or email him at            john.mitchell@exportandgeneral.co.uk

2 thoughts on “Insurance Update

  1. We are a furniture reuse charity in Bury and are attempting to set up a Men In Sheds project. We have a broker in Scotland which has been brilliant for our furniture reuse and really reasonable over the last 13 years, although we haven’t yet got insurance for the Shed. Anyway they may be worth a call: Keegan & Pennykid, 0131-225-6005 or visit their website at: http://www.keegan-pennykid.com/charity-insurance/

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