Insurance

kennygalbraith

Hi

I have a daily commute of 18 miles(return trip) which I really enjoy. My home insurance is due up and I paid an extra £50 last year to make sure my bike and accessories were covered(Garmin,lock,lights)

This year I'd rather use in independent insurer so that I have liability cover as well, could anyone recommend anyone or am I better joining a club with its own cover etc?

Thanks in advance
Ken

TommyEss

£50 extra for the bike plus accessories is brilliant vfm in my experience. The dedicated policies usually come out pretty expensive. If you're looking at getting 3rd party liability, look at membership of CTC or British Cycling.

kennygalbraith

so far I've got a quote for the £50 mark which includes theft,breakdown,liability etc

TommyEss

Hmm, doesn't sound too bad actually - out of interest, who's that with, and what's the value of the bike you're insuring? I'm probably going to have to plump for standalone bike insurance shortly as about to enter a period of living between a couple of addresses and home contents don't really like that!

pdw

Your home insurance almost certainly gives you liability cover, although there may still be advantages to getting a separate cycling policy.

jamm13dodger

kennygalbraith wrote:

so far I've got a quote for the £50 mark which includes theft,breakdown,liability etc

breakdown? Are you sure this is a cycle policy? What happens do you call the AA bike section?

kennygalbraith

That was with eta which I found at http://www.money.co.uk/bicycle-insurance.htm

£500 was just under £50,£600 was £56 included excess of £25

and just incase anyone is wondering I don't work for any insurance company!

Paste n copy


Green Cycle Insurance from the ETA

Our cycle insurance offers an unrivalled level of cover at a great price. Every bicycle insurance policy includes the following for one price:

Theft, accidental damage & vandalism (including triathlons & events)
No de-valuation of your bike over time
£1m third party and personal accident*
Shed and garage cover
Covers bikes up to £5,000
Low excess – 5% (£25 minimum)
Discount for folding bikes
Cycle Rescue (breakdown cover for your bike)
90 days Europe + 60 days worldwide
Electric bikes covered as standard

cookeeemonster

kennygalbraith wrote:

That was with eta which I found at http://www.money.co.uk/bicycle-insurance.htm

£500 was just under £50,£600 was £56 included excess of £25

and just incase anyone is wondering I don't work for any insurance company!

Paste n copy


Green Cycle Insurance from the ETA

Our cycle insurance offers an unrivalled level of cover at a great price. Every bicycle insurance policy includes the following for one price:

Theft, accidental damage & vandalism (including triathlons & events)
No de-valuation of your bike over time
£1m third party and personal accident*
Shed and garage cover
Covers bikes up to £5,000
Low excess – 5% (£25 minimum)
Discount for folding bikes
Cycle Rescue (breakdown cover for your bike)
90 days Europe + 60 days worldwide
Electric bikes covered as standard

I use these - mines around £70/£80 for a £900 bike (or bike and a few accessories)

My home insurance might cover it...but you'd get deprecation I would've thought and I've got an excess of £200. I have to replace my bike with one from Tesco's with the money i'd get from that

feemackenzie

SO can I clear this up. You've chosen to use eta instead of British Cycling because it is an insurance policy for you bike against damage plus personal liability. Unlike the British Cycling which is the liability only.