Who has insurance?

Bwgan
Bwgan Posts: 389
edited August 2013 in Road general
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

Comments

  • stinger53
    stinger53 Posts: 135
    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.
  • diy
    diy Posts: 6,473
    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.
  • Hals1967
    Hals1967 Posts: 231
    I'm a British Cycling member so have their TPPL insurance and I have my bikes insured with Cycleguard.


    1967 Engine
  • +1 for BC
  • foggybike
    foggybike Posts: 160
    Yep just signed for for BC

    TFL13

    Code brings it down to £21 for the year.

    Worth every penny.
  • Bwgan
    Bwgan Posts: 389
    Cheers guys, will sign up in the morning
  • raymondo60
    raymondo60 Posts: 735
    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!"
  • markynulty
    markynulty Posts: 409
    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.
  • pdw
    pdw Posts: 315
    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.
  • gethinceri
    gethinceri Posts: 1,517
    BC @£21.00
  • Dmak
    Dmak Posts: 445
    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?
  • IanLD
    IanLD Posts: 423
    £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.
  • Weird, promo code gives me less than 7 quid off:

    wRW4K07.png

    /update: er never mind, the 10% first year membership discount is what gets it to 21 quid.
  • farrina
    farrina Posts: 360
    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
    Bit confused by this statement as if the Skoda clipped you presumably he would be liable to you and you would have no liability to him, hence in this situation no need for TP liability insurance

    Regards

    Alan
    Regards
    Alan
  • Pross
    Pross Posts: 40,479
    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.
  • Dorset_Boy
    Dorset_Boy Posts: 6,918
    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. :D
  • drlodge
    drlodge Posts: 4,826
    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 Strava
  • unixnerd
    unixnerd Posts: 2,864
    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!
  • rickyrider
    rickyrider Posts: 294
    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 to
  • diy
    diy Posts: 6,473
    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
    Bit confused by this statement as if the Skoda clipped you presumably he would be liable to you and you would have no liability to him, hence in this situation no need for TP liability insurance

    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.
  • I've got the family CTC membership since my wife also rides and commutes regularly.

    Plus I quite like the magazine (sad I know).