Bike Insurance?

D4N

I've heard some of you have bike insurance.
I've never had a bike so expensive before so never bothered with it.
How does it work?
Thanks in advance
Dan

jadamson

mine just been added to my home insurance as long as my bike is chained to something unmovable like a post then if it gets stolen i get money. not too sure on the specific bike insurance though.

sjansma

A lot of the home contents insurance companies I have been in contact with won't touch bikes worth over £500, but that is probably down to the type of house I live in.
I am currently using Evans for my insurance for the Cary Fisher, but now I have been looking to renew with the addition of the Commencal to the fleet.
So far I have found offering the best deal. http://www.britishcycling.org.uk/web/si ... urance.asp

Mark909

jesus good luck getting them to pay up! Have you seen the policy wording. Its got to be secured with a specific lock chosen by them in a location with specific grade locks on all the windows and doors. Cars have to be fitted with certain immobilizers and alarms. They then get to choose the make and model of your replacement bike from their chosen supplier. Hardly seems worth it. Anyone know of any insurers without these crappy policies?

Dan67

I cant remember what insurance my parents used but my bike is insured for for £1500 on the house insurance

canada16

Mine too, Im with the AA, 1500.00 worth of cover.

I keep my bike in the house and beside my desk at work, so not really much of a chance for anyone to steal it.

sniper68

Im on the house insurance as a named item,£6 extra a month for upto £3k.

A lot of people i know are with Marks and Spencer for home contents,they insure bikes upto £4k as standard.

MarvintheAndroid

If you just wanrt insurance against theft, then adding as a named item on your home policy is the way to go. Most home policies will treat bikes as a portable item and provide cover whether or not it was in your home when stolen, but check with your insurer. Also check those condirions and exclusion clauses.

If you need additional services such as third party liability cover, accident and or hospital cover, or roadside recovery, then a specialist cylce poilcy is required.

Marv

sniper68

MarvintheAndroid wrote:

If you need additional services such as third party liability cover, accident and or hospital cover, or roadside recovery, then a specialist cylce poilcy is required.
Marv

Which will only cover in exceptional circumstances,read the teenytiny small print.

medicineman

Checked with my household insurance - I am covered for 3rd party liability on the bike and I think the policy costs me an extra 3 quid a month to have the bike on as a named item.

D4N

Thanks for your reply's guys.
Very helpfull.
I'll check my policy when I get home.
Dan