Who insures there bike?

Adam1985
Adam1985 Posts: 32
edited April 2014 in Road general
As the title says, who insures there bike?

Comments

  • nawty
    nawty Posts: 225
    I do.
    Cannondale CAAD 10 Ultegra
    Kinesis Racelight Tiagra
  • Mikey23
    Mikey23 Posts: 5,306
    Me...
  • arran77
    arran77 Posts: 9,260
    I do too.

    Interesting thread by the way :lol:
    "Arran, you are like the Tony Benn of smut. You have never diluted your depravity and always stand by your beliefs. You have my respect sir and your wife my pity" :lol:

    seanoconn
  • Mikey23
    Mikey23 Posts: 5,306
    And to be picky, it should be 'their' :-)
  • botch
    botch Posts: 15
    Mine are covered under the house insurance. This covers upto a grand per bike, (apparently no limit on the number of bikes) providing they were locked to something. The mountain bikes are probably worth a tad over a grand each, but the price of specialist insurance is so high that if the worst happened I'd probably be better off loosing a couple of hundred on the value against paying the extra to cover 4 bikes fully.
  • CiB
    CiB Posts: 6,098
    Mikey23 wrote:
    And to be picky, it should be 'their' :-)
    No. He missed 'that' out before it. Bumpkins eh?
  • Grill
    Grill Posts: 5,610
    CiB wrote:
    Mikey23 wrote:
    And to be picky, it should be 'their' :-)
    No. He missed 'that' out before it. Bumpkins eh?

    :lol:

    For the record, all of mine are insured.
    English Cycles V3 | Cervelo P5 | Cervelo T4 | Trek Domane Koppenberg
  • Yup

    Sure do
    Trek,,,, too cool for school ,, apparently
  • binsted
    binsted Posts: 182
    Have been seriously thinking about it so now looking for some recommendations of who to use.
  • Grill
    Grill Posts: 5,610
    PM IamnotWiggins. He sorted me out with a fantastic policy.
    English Cycles V3 | Cervelo P5 | Cervelo T4 | Trek Domane Koppenberg
  • Doris Day
    Doris Day Posts: 83
    binsted wrote:
    Have been seriously thinking about it so now looking for some recommendations of who to use.

    I found it cheaper to cover via home insurance. Always check the small print.
    I am with Santander for two bikes.
  • Grill
    Grill Posts: 5,610
    Doris Day wrote:
    binsted wrote:
    Have been seriously thinking about it so now looking for some recommendations of who to use.

    I found it cheaper to cover via home insurance. Always check the small print.
    I am with Santander for two bikes.

    Maximum 5k cover for a max of 2 bikes. No bueno for many.
    English Cycles V3 | Cervelo P5 | Cervelo T4 | Trek Domane Koppenberg
  • No limit to number to value of bikes covered by my house insurance. Just have to tell them if any single one is worth over £10k. Fat chance.

    Covered at home and abroad.

    Royal sun alliance.
  • Anonymous
    Anonymous Posts: 79,667
    Thats interesting. Our home insurance is due for renewal next month.
    M&S seems good cover and used to be good for bikes, but silly limits now. Overall it might still be best option, but will (get mrs to) check those two out ;-)
  • arran77
    arran77 Posts: 9,260
    Try John Lewis Home Insurance, great cover and great service.
    "Arran, you are like the Tony Benn of smut. You have never diluted your depravity and always stand by your beliefs. You have my respect sir and your wife my pity" :lol:

    seanoconn
  • veronese68
    veronese68 Posts: 27,295
    arran77 wrote:
    Try John Lewis Home Insurance, great cover and great service.
    John Lewis, how very middle class of you. :wink:
    I was in JL on Saturday when it occurred to me how much stuff we buy from there. This should probably go in the content with life thread in BB.
    To answer the question mine are covered on the home insurance with Axa. I had cause to claim a few years back and although there is a £1k limit per bike they did pay out more as although the bike was worth less than that, the extras pushed the price over.
  • arran77
    arran77 Posts: 9,260
    Veronese68 wrote:
    arran77 wrote:
    Try John Lewis Home Insurance, great cover and great service.
    John Lewis, how very middle class of you. :wink:

    I'm very partial to shopping in Waitrose as well :P
    "Arran, you are like the Tony Benn of smut. You have never diluted your depravity and always stand by your beliefs. You have my respect sir and your wife my pity" :lol:

    seanoconn
  • Yup, covered anywhere in the world, all risks which means cover if I decide to partake in a race and no deductions for wear & tear. Bonza.
  • Mikey23
    Mikey23 Posts: 5,306
    Home contents insurance here with direct line. Expensive bike is declared as a high value item at home and abroad. Only a few pounds a year. British cycling for third party liability and possible legal stuff
  • Mikey23 wrote:
    Home contents insurance here with direct line. Expensive bike is declared as a high value item at home and abroad. Only a few pounds a year. British cycling for third party liability and possible legal stuff
    Most home insurance does that as well.
  • kjab
    kjab Posts: 136
    Do your policies cover you for sportives and crash damage? What's the average cost and how do you work out values for a self-built bike, rrp of individual components?
  • Flâneur
    Flâneur Posts: 3,081
    ETA cycles, basically a fully comp policy for crashes, accidents liability and theft. Replacement bike is a new one not a reduced costs. Cost is about 8% of the value.

    Also includes roadside recovery but I have a loving gf who can do that normally I guess
    Stevo 666 wrote: Come on you Scousers! 20/12/2014
    Crudder
    CX
    Toy
  • Grill
    Grill Posts: 5,610
    More than double what I pay and my policy includes worldwide cover, race and 50k home contents...
    English Cycles V3 | Cervelo P5 | Cervelo T4 | Trek Domane Koppenberg
  • Mikey23
    Mikey23 Posts: 5,306
    Is the loving girlfriend roadside recovery also insured? Flowers, chocs, meals out works for mine. Probably more expensive though...
  • Do not get Cycleguard as they will not pay out to you. Get it or them on the house insrance like the others have said.
  • hstiles
    hstiles Posts: 414
    Mine is covered by Equestrian and Lifestock on a dedicated cycle policy. I've just had to submit a claim as my bike was damaged during the Tour of Flanders sportive (rear mech torn off and smashed seatstay). The claims process is pretty archaic - download a form, fill in it by hand, etc... and we'll see if they play fair or kick up a fuss.
  • lawrences
    lawrences Posts: 1,011
    I don't.

    I did last year and it cost me 230 quid for a 2 grand bike. I've gone 11 months and I've not had any problems therefore I'm 230 quid up. I didn't renew because I don't want theft insurance and no one would offer me just damages, medical and third party.

    Bike insurance is total rip off if you don't have home insurance to add it to.
  • Grill
    Grill Posts: 5,610
    So you're saying insurance is a ripoff if nothing goes wrong? No kidding...
    English Cycles V3 | Cervelo P5 | Cervelo T4 | Trek Domane Koppenberg
  • pedalbasher
    pedalbasher Posts: 215
    I'm with ETA, and paying c. £220/yr for a £4k bike inc accessories.

    I live in London, therefore despite my fancy bike I don't own a house, and so don't have a standard home insurance policy.

    As I'm renting, I obviously only need contents insurance and the bike is the most expensive thing in the property.

    Any suggestions as to suitable / cheaper alternatives? ETA appealed because of their full accident, sportives/events etc coverage as well as theft. But I appreciate they're quite pricey so I'm open minded about looking elsewhere.

    Renewal due soon actually, must look into this properly.