Bike Insurance

nathan75
nathan75 Posts: 13
edited March 2013 in Road buying advice
Anyone know of any good, reasonable bike insurance policies out there? Looking for theft and accidental damage cover. I tried www.cyclosure.co.uk but the premium seemed very high. Any guidance, especially from past experience would be appreciate.
Thanks

Comments

  • socrates
    socrates Posts: 453
    I got a quote yesterday through Staysure with Aviva to cover buildings, contents and Cannondale Evo for £340. It covers accidental damage and theft anywhere in the UK on a new for old basis. That is pretty good I think.
  • nathan75
    nathan75 Posts: 13
    Sounds good, think I'll be calling my home and contents provider tomorrow to discuss. Cheers
  • MattC59
    MattC59 Posts: 5,408
    edited March 2013
    nathan75 wrote:
    Anyone know of any good, reasonable bike insurance policies out there? Looking for theft and accidental damage cover. I tried http://www.cyclosure.co.uk but the premium seemed very high. Any guidance, especially from past experience would be appreciate.
    Thanks

    Have a look at your house insurance you muppet :roll:
    Or buy a f*cking big chain, I've got this:http://www.almax-security-chains.co.uk/product.asp?s=7jw7rq317005&strPageHistory=category&numSearchStartRecord=0&strParents=73&CAT_ID=73&P_ID=127&btnProduct=More+Details
    Science adjusts it’s beliefs based on what’s observed.
    Faith is the denial of observation so that Belief can be preserved
  • MattC59
    MattC59 Posts: 5,408
    socrates wrote:
    I got a quote yesterday through Staysure with Aviva to cover buildings, contents and Cannondale Evo for £340. It covers accidental damage and theft anywhere in the UK on a new for old basis. That is pretty good I think.

    What's the value of the bike, if you don't mind me asking ?
    Science adjusts it’s beliefs based on what’s observed.
    Faith is the denial of observation so that Belief can be preserved
  • danlikesbikes
    danlikesbikes Posts: 3,898
    socrates wrote:
    I got a quote yesterday through Staysure with Aviva to cover buildings, contents and Cannondale Evo for £340. It covers accidental damage and theft anywhere in the UK on a new for old basis. That is pretty good I think.

    I'd be checking the clauses that apply to it though Re security at home if I were you, plus any restrictions on use that might apply. Not having a go just trying to be helpful as you don't want to find out after you need to make a claim that you were refused for not meeting some criteria.
    Pain hurts much less if its topped off with beating your mates to top of a climb.
  • nawty
    nawty Posts: 225
    From my investigations these guys have the best cover and are good value:

    https://www.eta.co.uk/insurance/cycle/

    IMO cheap insurance isn't generally worth it, if you decide you need to insure then you may as well get insurance that is worth having...
    Cannondale CAAD 10 Ultegra
    Kinesis Racelight Tiagra
  • nathan75
    nathan75 Posts: 13
    Thanks all, bikes well insured whilst locked in the garage so the basics are covered.
  • Brushiemma10w
    Brushiemma10w Posts: 78
    nawty wrote:
    From my investigations these guys have the best cover and are good value:

    https://www.eta.co.uk/insurance/cycle/

    IMO cheap insurance isn't generally worth it, if you decide you need to insure then you may as well get insurance that is worth having...

    Tried their website, but insurance at nearly £300 on a £3k bike seems bloody high to me. Can't ever imagine paying a premium of £2.5k on a £25k car. Perhaps I'm comparing apples with oranges............ :?
  • Sprool
    Sprool Posts: 1,022
    £300 on a £3k bike sounds pretty good to me (without knowing the small print) - I've had specialist cycle insurance companies quoting £200 for my £750 bike.
  • Brushiemma10w
    Brushiemma10w Posts: 78
    Sprool wrote:
    £300 on a £3k bike sounds pretty good to me (without knowing the small print) - I've had specialist cycle insurance companies quoting £200 for my £750 bike.

    Fair enough, but I suspect the uptake of bike insurance is pretty poor as a result of these high premiums.
    I may live to regret it, but I guess i'll take my chances.......
  • socrates
    socrates Posts: 453
    Bike was valued at £3500. Seems to be ok as it is with a reputable company. I understand Dansliesbikes concerns but the only stipulation they put on it was that it would be locked.

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