I have between £8000 - £10000 worth of kit, including some of the collector sets I intend to peddle this year.
I've recently finished a studio which will house my railway. This is fully alarmed, is less than 5 paces from my back door, and as I operate from home normally there's someone around. The rear area of the house has four proximity lights, and the dog who like to bark at strangers sleeps in the conservatory.
When my house hold insurance came up for renewal, I informed the broker/company of the changes to the property, I found it impossible to obtain a quote, unless I was prepared to increase my premium by nearly 100%. So by being honest I got screwed by the insurance company. They were not even prepared to insure me if I accepted my own risk for the model railway stock.
Eventially I insured on the net, saved my self £100 and my longtime attitude to insurance companies has been confirmed - THEIR A BUNCH OF LOW LIFE DOGS.