Bicycle Insurance

Soni

I've heard how good M&S Bicycle insurance is on these forums and others.

My Buildings and Contents is up for renewal shortly.

I'm presently with AXA and although my bike only cost £1400, AXA only cover bikes up to £1000.00.

I have therefore obtained a quote from M&S which is comparable with AXA, however it appears to cover a lot more, for example Buildings and Contents cover is unlimited, and they cover bicycles up to £4000.00 without having to list them on the insurance....

However, i've just looked at the quote from M & S and it states that its underwritten and administered by AXA?

How can this be?

Also, anybody with M&S insurance know if it covers your bike if you crash it? Will this be covered on the accidental damage section of the insurance?

brin

As long as you take out 'goods away from home' cover, your bike will be covered through accidental damage should you be unfortunate enough to crash it.

Soni

Excellent, however how comes M&S cover a bike up to 4K and AXA only up to 1K if M&S are getting their insurance from AXA?

GiantMike

Sounds weird, but it's true. I phoned them yesterday to confirm.

Anything worth less than £4000 is covered and doesn't need to be listed.

carrock

M&S have now imposed a limit of £1000 on any bike unless specifically excepted on the policy

I tried to insure £6000 worth of bikes on a seperate insurance policy- best quote was £444

Got them insured with NFU for roughly the same price with house and contents insurance thrown in!!!!!

Result.