Material Damage

Covers the cost of replacing or repairing business equipment, stock, or tools of trade damaged or stolen from home or away from the premises.

Policy Wording Summary of Cover

Material Damage Overview

Our Material damage insurance policy covers the cost of repair or replacement for any loss or damage that occurs during the period of insurance. This includes business equipment, stock, or tools of trade contained within your home premises, including any outbuildings, as well as covering the same items whilst they are away from the premises. However, please note that losses from any unattended vehicles are excluded.

Our Policy Includes

Up to £10,000 of Business Equipment, Tools of Trade, and Stock at home (incl. any outbuildings).

Up to £5,000 of Business Equipment, Tools of Trade, and Stock away from your premises.

Cover includes physical loss or damage to property from fire, storm, flood, theft, plus many other specified perils.

All risks cover also included meaning physical loss or damage to property by any cause not specifically excluded under the policy terms and conditions.

How It Works

In the event of a circumstance or claim arising against you during the period of cover, please see below how the policy would work:

Notify the insurers as soon as the damage has occurred so they can review your claim.

Report any loss or damage arising from theft or malicious damage to the police as soon as possible.

The insurer have the right to inspect the damaged property at their own discretion.

The cost of the repair or replacement will be sent directly to the business account if the claim is approved.

Testimonials

“I’m very pleased with the service I received from Trafalgar Risk Management. The online portal was very easy to use, they answered my questions quickly and efficiently, and I loved their personal touch. Every time I reached out, I got a customised response instead of the usual runaround experience when dealing with big companies.”

Marta

AAT

“My enquiry was dealt with efficiently & effectively and I was advised at each stage. I am very happy with the service I received - Thank you very much!”

Claire

BADN

“I have used Trafalgar Risk Management for my insurance needs for a few years now. I have always found that they have a clear pricing structure are competitively priced and responsive to questions, I will certainly use them again.”

Ian

IOSH

“The team at Trafalgar were most helpful in reinstating my policy after I had overlooked the various reminders and it had lapsed. Communication was speedy and efficient.”

Julie

CIOL

“I have found Trafalgar Insurance to be an excellent company to deal with. The quote for professional insurance was competitive, the service when I had a query was swift and cheerful. All that you could want really. No complaints from me, just compliments. Well done”

Simon

IOSH

“Trafalgar offer great-value policies, genuinely take the time to listen, and are excellent at resolving issues when they arise.”

Ian

AAT

“Following an issue accessing Outlook on Microsoft 365, I was forced to create another email account which, amongst other things, required resetting my password to my new email address to access MyTrafalgar. When I encountered a problem doing this myself, the Trafalgar and TRM team were able to resolve the issue within 24 hours and could not have been more helpful in their response. Many thanks!”

Paul

IOSH

“Fantastic service and extremely efficient in helping me with my query.”

Cheers

AAT