bike insurance

shiznit76

Hi,can you get bike insurance to cover you for damage caused by crashing your steed? I know can get it fr theft and third party cover, but would like to cover for any damage to my bike caused by crashing , touch wood,not that i would want this to happen

trivial_poursuivant

shiznit76 wrote:

Hi,can you get bike insurance to cover you for damage caused by crashing your steed? I know can get it fr theft and third party cover, but would like to cover for any damage to my bike caused by crashing , touch wood,not that i would want this to happen

Yes, I recommend buying a British Cycling membership and you get discount on many providers as well as legal advice.

I’m with velosure myself. Had a collision over a year ago , I had bike valuated for damage and replacement/repair cost from an LBS and since they decided it was a write off due to carbon damage I got £3000 payout (less excess of £200) to buy a new bike. Also lawyers helping claim costs back (NWNF) so minimum I’ll get premium dropped back down

shiznit76

Trivial poursuivant wrote:

shiznit76 wrote:

Hi,can you get bike insurance to cover you for damage caused by crashing your steed? I know can get it fr theft and third party cover, but would like to cover for any damage to my bike caused by crashing , touch wood,not that i would want this to happen

Yes, I recommend buying a British Cycling membership and you get discount on many providers as well as legal advice.

I’m with velosure myself. Had a collision over a year ago , I had bike valuated for damage and replacement/repair cost from an LBS and since they decided it was a write off due to carbon damage I got £3000 payout (less excess of £200) to buy a new bike. Also lawyers helping claim costs back (NWNF) so minimum I’ll get premium dropped back down

Good to know, i am a member of BC. How much do you pay? It is like car insurance and build up no claim discount?

trivial_poursuivant

shiznit76 wrote:

Trivial poursuivant wrote:

shiznit76 wrote:

Hi,can you get bike insurance to cover you for damage caused by crashing your steed? I know can get it fr theft and third party cover, but would like to cover for any damage to my bike caused by crashing , touch wood,not that i would want this to happen

Yes, I recommend buying a British Cycling membership and you get discount on many providers as well as legal advice.

I’m with velosure myself. Had a collision over a year ago , I had bike valuated for damage and replacement/repair cost from an LBS and since they decided it was a write off due to carbon damage I got £3000 payout (less excess of £200) to buy a new bike. Also lawyers helping claim costs back (NWNF) so minimum I’ll get premium dropped back down

Good to know, i am a member of BC. How much do you pay? It is like car insurance and build up no claim discount?

I pay around £35 a month for £7000 cover in house (3 bikes)or £ 3500 on road. It’s difficult to equate it to others as so have the extra security of living on a military base which brings cost down a bit but also because of my previous claim they went up slightly ( which hopefully will reduce if I win liability case)

Costs cover bike, clothes, shoes, helmet, ancils ie Garmin etc

dstev55

I pay about £35 a month for full cover on £4500 worth off bikes which includes £750 a week loss of earnings cover. That's the most important bit to me (and also the most costly).

rozzer32

I’d recommend pedal cover. They provide cover for bikes covered under the home insurance. Also covered for accident damage when riding and they’ll cover you for anything but a mass start race. So you’re covered in sportives and TT’s.

They were by far the cheapest when I looked. Can’t remember exactly how much I pay but i think it’s about £250 for the year. That includes all the house insurance and all my bikes, turbo, wheels, clothing etc etc.

shiznit76

rozzer32 wrote:

I’d recommend pedal cover. They provide cover for bikes covered under the home insurance. Also covered for accident damage when riding and they’ll cover you for anything but a mass start race. So you’re covered in sportives and TT’s.

They were by far the cheapest when I looked. Can’t remember exactly how much I pay but i think it’s about £250 for the year. That includes all the house insurance and all my bikes, turbo, wheels, clothing etc etc.

They do your house insurance and your bikes including accidental damage?

pblakeney

shiznit76 wrote:

rozzer32 wrote:

I’d recommend pedal cover. They provide cover for bikes covered under the home insurance. Also covered for accident damage when riding and they’ll cover you for anything but a mass start race. So you’re covered in sportives and TT’s.

They were by far the cheapest when I looked. Can’t remember exactly how much I pay but i think it’s about £250 for the year. That includes all the house insurance and all my bikes, turbo, wheels, clothing etc etc.

They do your house insurance and your bikes including accidental damage?

Yup! From their website -

In addition to covering your home for building and contents, we also provide the following additional benefits designed to suit the needs of triathletes and cyclists:

Cover for ALL of your bikes
Full crash damage to your bikes worldwide
Cover for when competing in time trials, triathlons, Enduro XC, sportives
£2 million or £5 million public liability in the UK
Cover for all your kit such as helmets, shoes, sunglasses, clothing from Castelli, Rapha, Pactimo etc
Cover for all your accessories such as Garmin watches, phones, jewellery etc
Cover if your bike or bike box are damaged on a plane
Cover in transition
New for old cover.

shiznit76

PBlakeney wrote:

shiznit76 wrote:

rozzer32 wrote:

I’d recommend pedal cover. They provide cover for bikes covered under the home insurance. Also covered for accident damage when riding and they’ll cover you for anything but a mass start race. So you’re covered in sportives and TT’s.

They were by far the cheapest when I looked. Can’t remember exactly how much I pay but i think it’s about £250 for the year. That includes all the house insurance and all my bikes, turbo, wheels, clothing etc etc.

They do your house insurance and your bikes including accidental damage?

Yup! From their website -

In addition to covering your home for building and contents, we also provide the following additional benefits designed to suit the needs of triathletes and cyclists:

Cover for ALL of your bikes
Full crash damage to your bikes worldwide
Cover for when competing in time trials, triathlons, Enduro XC, sportives
£2 million or £5 million public liability in the UK
Cover for all your kit such as helmets, shoes, sunglasses, clothing from Castelli, Rapha, Pactimo etc
Cover for all your accessories such as Garmin watches, phones, jewellery etc
Cover if your bike or bike box are damaged on a plane
Cover in transition
New for old cover.

cheers buddy, that's excellent info

rozzer32

shiznit76 wrote:

rozzer32 wrote:

I’d recommend pedal cover. They provide cover for bikes covered under the home insurance. Also covered for accident damage when riding and they’ll cover you for anything but a mass start race. So you’re covered in sportives and TT’s.

They were by far the cheapest when I looked. Can’t remember exactly how much I pay but i think it’s about £250 for the year. That includes all the house insurance and all my bikes, turbo, wheels, clothing etc etc.

They do your house insurance and your bikes including accidental damage?

Yes! I’ve never had to make a claim (touch wood) but I had a few questions and gave them a ring and they were nothing but helpful. Would recommend to anyone.