Personal Collection Policy

Our Personal Collection policy is underwritten by Aviva and is aimed at any individual Model Railway enthusiast who owns a Model Railway Layout or Model Railway collection.

Cover

The policy includes cover for all your Model Railway items and layouts and includes cover for all your rolling stock, locomotives, accessories and other model railway paraphernalia. In addition, the policy will pay all reasonable labour costs to reinstate the layout following a loss.

Cover is provided on an 'All Risks' including Accidental Damage basis anywhere in the UK and in addition includes cover against the following perils:
Fire, theft, lightning, explosion, storm or flood, falling trees, impact, malicious persons, escape of fuel from any fixed oil heating installation. 

Basis of Settlement

In the event of loss or damage, the basis of settlement will be professional replacement or repair or, if the owner elects, the cost of materials plus a reasonable amount for time expended, subject to the adequacy of the sum insured/value of the article, as declared.

Covered in Transit

Cover includes losses whilst in transit but is subject to an unattended overnight exclusion, i.e. any theft from a vehicle arising from an unattended motor vehicle after the hours of 9.00pm until the vehicle is used again.

Covered in Home, Garage, Outbuilding (including Garden Layouts)

Your Model Railway Collection is covered whilst kept in your own home or garage/other outbuilding and includes cover for Garden Layouts (not passenger carrying, unless referred to and agreed in writing by Magnet Insurance Services Ltd). 

Minimum Security Condition

All cover (except track work in the open) are subject to the following Minimum Standard of Security condition:

Final exit doors must be secured as follows:

• Timber Doors - by mortice deadlocks having 5 or more levers conforming to BS3621 with matching boxed striking plate OR a close shackle padlock

• Aluminium Doors - by cylinder mortice lock operating a swinging lock bolt

• PVCu Doors - by key operated multi-point locking devices have 3 or more locking points

• Double Doors - the first closing leaf must be fitted internally with bolts top and bottom

• When the premises are left unattended, all locks fitted to final exit doors must be put into effect.

All opening windows or roof lights accessible from the ground or via roofs, pipe work or other structures, must be secured by key operated locking devices or screwed permanently shut.

If you cannot comply with the above, this may be varied by agreement with Magnet Insurance, subject to prior notification.

Individual Items Valued over £1,000 each

The policy limits the amount payable for a single item to £1,000 maximum. This limitation is removed if the item is listed as a specified item on your policy.

Policy Excess

A standard £50 excess applies to each and every claim, except claims arising from Fire (including Arson) and Explosion where the excess is reduced to Nil.

Click here for a more detailed Summary of Cover and please refer to the Policy Wording for details of the policy terms, conditions and exclusions.