question regarding bike insurance with a stolen bike.

Tish99
Tish99 Posts: 22
edited December 2012 in MTB general
Okay so my bike was stolen at some point last night :( they crowbar into a locked communal bike shed and cut off my gold rated d lock. Anyway got to make my insurace claim Monday they have asked I provide A VAT registered trader’s estimate for the cost of repair/replacement. How do I get one of these its new for old so do the bike shop estimate the new cost? Has anyone had to get something similar?

Comments

  • The shop estimates the total value of the parts. I had Togo through this process a few months ago as my bike was a custom build. If it was a new bike that was bog standard, find a dealer and get a quote from them for the price of the bike new. Sometimes you have to pay a tender or so to get estimates, at least I had to because they had to source all info for the parts, but with a standard one it may be different.