Burglar Alarm Maintenance Agreement

A potential client was having difficulty obtaining full cover for his home, due to the fact that he did not have a maintenance agreement in place covering his alarm system. He considered his property to be extremely secure but his Insurers whilst covering the contents for the other principal perils fire, burst pipes, accidental damage etc., excluded any cover for theft or attempted theft.

It is of course true to say that if any Insurer requires an alarm to be installed at a risk address, or one is disclosed in order to obtain a premium discount, then a maintenance agreement would be a requirement.

The question here was whilst the current Insurer was insistent on there being a fully maintained alarm and that other Insurers were of a similar mind, did it follow that all Insurers would take the same view, as regard to the need for an alarm at all.

On this occasion it transpired that a leading Insurer, with a higher than average contents sum insured limit before an alarm became a requirement, was happy to accept the risk with no exclusions and no requirement for any alarm system maintained or otherwise.

Consequently we were able to arrange full cover for this client including the theft risk, with higher sums insured than his expiring policy, a standard excess of £100 instead of £500 and an annual premium of £537 instead of the £1,384 he had been quoted for his renewal.