Who has insurance?

Bwgan
Posts: 389
Just been chatting with a mate on a ride about public liability insurance and if you don't have it what can happen to you!! Just wondered who has it, who you use and what kind of cost is it?
Cheers
Cheers
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Comments
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If your a member of bristish cycling (which is about £28 a year) then you have third party public liability insurance of up to 10 million
http://www.britishcycling.org.uk/member ... membership.0 -
I've just done it, been meaning to for a while and after some idiot in a skoda clipped me today smashing his mirror in process, I thought its well worth the 21 quid.
note there are a few discount codes around.0 -
I'm a British Cycling member so have their TPPL insurance and I have my bikes insured with Cycleguard.
1967 Engine0 -
+1 for BC0
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Yep just signed for for BC
TFL13
Code brings it down to £21 for the year.
Worth every penny.0 -
Cheers guys, will sign up in the morning0
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Third Party cover as a member of CTC - only downside is that the quarterly magazine is full of men wearing sandals.....Raymondo
"Let's just all be really careful out there folks!"0 -
I am with BC. Had to put a claim in on the third party liability insurance last Wednesday after a guy in a car stopped harshly for no reason resulting in my shifter going through his rear light cluster. Anyway, the process up to now seems very straight forwards and friendly and i would recommend them.0
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If you're covered on a home contents policy then you almost certainly have 3rd party liability insurance that will cover you when riding a bike. That's not to say there aren't advantages to a more specialist policy.0
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BC @£21.000
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Bwgan wrote:Just been chatting with a mate on a ride about public liability insurance and if you don't have it what can happen to you!! Just wondered who has it, who you use and what kind of cost is it?
Cheers
What can happen? BTW I'm one of these guys who keeps meaning to get round to it.
Also £10m! What would you have to do to top that out?0 -
£10 million with CTC. Need cover when I'm riding one of my bikes for visiting sites in order to claim my cycle rate mileage allowance.0
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Weird, promo code gives me less than 7 quid off:
/update: er never mind, the 10% first year membership discount is what gets it to 21 quid.0 -
diy wrote:I've just done it, been meaning to for a while and after some idiot in a skoda clipped me today smashing his mirror in process
Regards
AlanRegards
Alan0 -
Dmak wrote:Bwgan wrote:Just been chatting with a mate on a ride about public liability insurance and if you don't have it what can happen to you!! Just wondered who has it, who you use and what kind of cost is it?
Cheers
What can happen? BTW I'm one of these guys who keeps meaning to get round to it.
Also £10m! What would you have to do to top that out?
Without insurance you would be personally liable for any damages awarded against you (to property or person) in a court. As for the total, it's being on the safe side as people have been awarded in excess of £8 million for personal injury in the past. All it takes is for you to knock a pedestrian over and cause them life changing injury such as brain damage or paralysis and you could be liable for huge sums in damages.0 -
pdw wrote:If you're covered on a home contents policy then you almost certainly have 3rd party liability insurance that will cover you when riding a bike. That's not to say there aren't advantages to a more specialist policy.
That's not necessarily true. Home contents may not give you third party liability away from the home environment - some will, some won't.
For £21 BC membership has to be a no-brainer - don't know why it took me so long to do it.0 -
I got BC membership just for third party/liability insurance. Its cheap at the price just for that, not to mention the other benefits.WyndyMilla Massive Attack | Rourke 953 | Condor Italia 531 Pro | Boardman CX Pro | DT Swiss RR440 Tubeless Wheels
Find me on Strava0 -
Another British Cycling member here, mine worked out at 3 quid a month (also needed a racing licence) but at that price it's silly not to be a member. For one thing motorists can't complain about uninsured cyclists.http://www.strathspey.co.uk - Quality Binoculars at a Sensible Price.
Specialized Roubaix SL3 Expert 2012, Cannondale CAAD5,
Marin Mount Vision (1997), Edinburgh Country tourer, 3 cats!0 -
Pross wrote:Dmak wrote:Bwgan wrote:Just been chatting with a mate on a ride about public liability insurance and if you don't have it what can happen to you!! Just wondered who has it, who you use and what kind of cost is it?
Cheers
What can happen? BTW I'm one of these guys who keeps meaning to get round to it.
Also £10m! What would you have to do to top that out?
Without insurance you would be personally liable for any damages awarded against you (to property or person) in a court. As for the total, it's being on the safe side as people have been awarded in excess of £8 million for personal injury in the past. All it takes is for you to knock a pedestrian over and cause them life changing injury such as brain damage or paralysis and you could be liable for huge sums in damages.
Interesting thread - like many I've never quite got round to it... but you never know what might happen as Pross says so for pretty small sum it seems stupid not to0 -
farrina wrote:diy wrote:I've just done it, been meaning to for a while and after some idiot in a skoda clipped me today smashing his mirror in process
Regards
Alan
Its not a simple as that. Imagine if the damage was several thousand and imagine if he alleged that it was my fault. I then have his insurers chasing me for the costs and I have a load of shag and hassle putting his team through their paces.
There is also the very real chance as with any vehicle that travels at speed that one day I do cause someone some injury as a result of my negligence. All it takes is a moment of inattention.
For me paying 100s to insure assets I can easily afford (though would be annoyed) to lose, is not worth it. Hence I will never cover my bikes for loss or damage. However, risking everything I own for 21 quid seems like a bargain.
I could easily fight my own claim, but 21 quid doesn't even buy you a decent tyre, which probably wont last me as long.0 -
I've got the family CTC membership since my wife also rides and commutes regularly.
Plus I quite like the magazine (sad I know).0