The smallest claim ive ever heard of, for just 1 or 2 planks of armco, no uprights, no track cleaning and no track closure, was Ians (reyland focus), at 600 quid.

That would be covered by this policy potentially, but thats not the sort of claim that scares me, I dont mind a claim of a few K against me, I mind the thought of a couple of hundred K of claim against me!