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Frequently asked questions We have been offering this type of coverage for over 30 years and would be happy to discuss all of your questions and assist you in tailoring this coverage to fit your needs. Table of Contents
How does the coverage offered by this program differ from other coverages offered such as my homeowners policy?Homeowners policies generally do not afford the specialized coverage needed to properly insure your model railroad collection and related items. The TCA program includes expanded coverages needed by the TCA member. The TCA has carefully researched the insurance market and concluded that this program has one of the best coverages available. Back to TopHow much coverage should I buy? The TCA program requires that you cover your items for 80% of their current replacement cost value (if choosing the Blanket Coverage) to avoid any loss replacement settlement penalties. We do suggest that you always maintain coverage for the full value of your model collection and layout. Back to TopMust I schedule my collection?No. We offer Blanket Coverage for those individuals who do not wish to itemize and have collections of $100,000 or less. However, we suggest that you itemize and insure under "The Inventory Plan'' in order to enjoy the lower premium rates. We do require that all live steamers be itemized. Back to TopWhat are the benefits of the Inventory Plan? Not only do you enjoy a lower premium rate but, in the event of a loss, the items involved will already be valued on the policy. This eliminates the need to recreate an inventory to determine the value of the loss. Back to TopMay I buy a combination of Inventory and Blanket coverage?Yes. You may want to itemize and schedule a portion or all of your collection; then you may also include an amount of blanket coverage to cover miscellaneous items and acquisitions prior to itemizing those items and adding them onto your "Inventory Coverage.'' Back to TopMay I include my layout under "Blanket Coverage"? Yes. However, we suggest that you include your layout under ''Layout Coverage'' in order to enjoy the lower premium rate. Back to TopHow much coverage will the $100 minimum premium buy? For "Blanket Coverage": $13,333; or "Inventory Coverage": $16,666; or "Layout Coverage": $16,666. If you buy a combination of coverages, these figures will vary based upon the values placed under each item. Back to TopThe TCA Fee is collected by the insurance agency and paid to the TCA to assist in defraying the cost associated with administering the insurance program. This is an annual fee. Can I insure my Live Steam Locomotives under this program? Yes. The insurance company requires that you place your Live Steam Locomotives on the Inventory Plan. If I take my insured items off my premises, are they still covered?Yes. Your items are covered anywhere in the coverage territory of the continental United States and Canada. There is, however, a $15,000 limitation while your items are in transit. We can increase the transit limit for an additional premium charge. I am a dealer. Can I still apply to this program? Yes. However, if you operate your business from a location other than your home, the premium charge may be different depending on your location. The same holds true for a manufacturer. Yes, along with modeling tools, we are able to insure just about anything related to the model train hobby along with some other types of collectibles. Call us to discuss any items not listed that you would like to insure. Whom should I contact with any questions? Call the J.A. Bash Company toll-free at 1-800-654-2256 or fill out our request for more information web form. Author information goes here.
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