Yes my address for official purposes is a Manchester Postcode in one of Manchester’s less salubrious suburbs. Lol.
I might have to look for a residential address in a rural area with a secure building it is stored in.
The only purpose for me to get the insurance is to comply with the legal requirement and third party cover. I am happy to assume all other risk but sadly the insurance business with government muscle backing them up is now a racket / monopoly and I suspect most insuarance companies are part of a cartel to rip us off.