Joel OF Posted July 11, 2015 Share Posted July 11, 2015 FAO anyone with an Ian Wallance 'Craft Insurance' policy, they've recently changed underwriters from Aviva to Hiscox which means some aspects of the policy have changed.After speaking to one of the staff yesterday I understand that policy holders no longer have PLI cover during installation, though your product is still covered during and after installation. I.e if you cause damage to the client's property during installation you are not covered. When I originally took out a policy with Ian Wallace a year or so ago it was explained to me that I would have complete PLI cover for private commissions, but not contract work.Their policy does still have some great benefits over other providers, but that's a kick in the genitals. Quote Link to comment Share on other sites More sharing options...
Dave Budd Posted July 11, 2015 Share Posted July 11, 2015 yeah I noticed some changes to my policy too, though in my case they added the cover without any extra charges. Are they not able to add cover at all for installing? Quote Link to comment Share on other sites More sharing options...
Joel OF Posted July 11, 2015 Author Share Posted July 11, 2015 in my case they added the cover without any extra charges.They added installation cover to your policy? Quote Link to comment Share on other sites More sharing options...
basher Posted July 11, 2015 Share Posted July 11, 2015 I dont do any site work, they have always been up front about not offering instillation cover, I always figured that I would take out eastlake and beachel cover if I got an instillation job that was worth the effort. As it stands I just don't do that work anymore. Quote Link to comment Share on other sites More sharing options...
Dave Budd Posted July 11, 2015 Share Posted July 11, 2015 They added installation cover to your policy? no I don't do installations, nobody has yet wanted me to insert a knife or axe into their homes! My cover to demonstrate and teach vanished until I pointed out that is precisely why I had PL insurance! Quote Link to comment Share on other sites More sharing options...
tzonoqua Posted July 14, 2015 Share Posted July 14, 2015 I recently got a quote from them too (after our conversation Dave) and surprisingly it was a lot more than what I pay through eastlake and beachell, I thought it was going to be much cheaper but I did include things in the quote that I don't have with E&B such as demos and teaching, which could be why it was so much, not sure really. I don't do my own installation, I have a builder who does it for me, for me it makes sense, I don't really have the experience or the tools for it, he does, plus he does that kind of stuff all day long and can do it quicker than me!! I am always there to "oversee" how work is installed, but I am very happy to leave that headache to a specialist! Quote Link to comment Share on other sites More sharing options...
Joel OF Posted July 17, 2015 Author Share Posted July 17, 2015 I recently got a quote from them too (after our conversation Dave) and surprisingly it was a lot more than what I pay through eastlake and beachell, I thought it was going to be much cheaper but I did include things in the quote that I don't have with E&B such as demos and teaching, which could be why it was so much, not sure really. That's really weird because my £5M for £99 PLI cover from Ian Wallace includes demos and teaching, even teaching kids, as standard. The quote E&B gave me for £5M was £270, that included installation cover but as standard their PLI doesn't include "using heat on site"...which for us basically mean demos. I can't remember if that £270 quote included cover for site heat work/demos or not.Either way I thought stuff it I'll go with Ian Wallace again, they're helpful and polite on the phone which goes a long way too. I had a guy come give me a hand in the workshop the other day so I bought Employers Insurance too which only cost 50 something quid for a year. E&B's quote for someone giving me a hand on the odd occassion was £31.80 a day. Quote Link to comment Share on other sites More sharing options...
Everything Mac Posted July 18, 2015 Share Posted July 18, 2015 Just bought my PLI cover from Ian Wallace. It seemed to be quite a reasonable price. I'm glad to hear they are good to deal with over the phone etc. Andy Quote Link to comment Share on other sites More sharing options...
basher Posted July 18, 2015 Share Posted July 18, 2015 My experience is much like joel, I saved over £700 a year changing to ian wallace from eastlake and beachel. Quote Link to comment Share on other sites More sharing options...
tzonoqua Posted July 20, 2015 Share Posted July 20, 2015 (edited) hmmm very strange!!! I was quoted £1041 from Ian Wallace, which I thought was rather a lot!!! I pay £360 odd from E&B...???? I seem to recall if I added Employers insurance it doubled from E&B Employers liability would be great at £50 something a year as I'm at the point where i could really use a hand now and again but i did include that in the quote from ian wallace so I assumed that was why it was so expensive???? hmmmmmm Edited July 20, 2015 by tzonoqua . Quote Link to comment Share on other sites More sharing options...
basher Posted July 25, 2015 Share Posted July 25, 2015 are you insuring your tools and stock? E and B charged me for every class I teach separately £30 to £70 a class. Basic IW cover is around the £100 mark. Quote Link to comment Share on other sites More sharing options...
tzonoqua Posted July 25, 2015 Share Posted July 25, 2015 (edited) yes, I wanted cover for contents etc as well as for teaching... when I got a quote for courses from E&B it was silly money... my current premium is for tools and stock you are correct. Ah, I have just done another quote that doesn't include tools/contents/stock and it came up as £151.99 which is so much better than E&B for teaching and Employers liability. Can't believe the difference!!! Doh! Clearly IW are not as competitive on tools/stock but win hands down for the other!! Edited July 25, 2015 by tzonoqua . Quote Link to comment Share on other sites More sharing options...
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