Shared House Insurance and Bikes

sporting wood

I'm struggling to get what I'd call a sensible insurance quote for my bikes, I've got two bikes worth about 2.5k each but live in a shared house with a mate that we rent.

M&S will cover if I pay them £600, cycleguard and other bike specific companies all come out about £500 and I'm not sure where to turn next.

My post code isn 't horrific, it just seems to be the combination of shared house + high value bikes.

Does anyone have a similar experience and if so who are you using?

Cheers

Ed

robz400

I was under the impression that with m&s contents insurance you didn't have to individually name anything worth below 4k including bikes?

I had a quite for £25 per month for contents including accidental damage away from home ? Also if you were to leave the bike unattended it just had to be locked up with any lock and you didn't need the sas guarding it......

leeroy72

Yes mine was around £25 per month from Barclays. Pretty similar deal to M&S i seem to remember.

sporting wood

M&S have quoted me about £550.

They're the only insurer that have actually confirmed they'll cover me. I may try Barclays and my bank and well and see what they say.

Seems like an excessive amount given that the bikes are always kept indoors. Like I said I've not got a bad post code but having said that I know Bristol is bad for bike theft in general.

rick_chasey

Bikes are phenomenally expensive to insure.

It's just how it is.

To be honest, if it was kept in the house, I'd save the money and take the risk...

sporting wood

Leeroy, thanks for mentioning Barclays.

They do shared houses if there two of you and for me, £5k of bikes and £10,000 of other insurance they're saying £160 which I'm very happy with.

Oh and the bikes are covered abroad, outside, etc. if they're locked.

Bunneh

I put mine on my house insurance at 1100, overall insurance including bike is 187 quid for this year. Bikes covered outside, in the house, if locked. I went with RAC after The Aviva Deal wasn' really a deal at £399! Which they took from my account anyway... (which I got back I might add).