Road bike insurance

Dain
Dain Posts: 10
edited March 2018 in Road buying advice
I have bought a new road bike valued at 6000 and have 8 weeks fee insurance.
After that I would obviously need to keep it insured so does anyone know any good sites to insure the bike and what cover would I need exactly.

Any help would be appreciated

Comments

  • Matthewfalle
    Matthewfalle Posts: 17,380
    Give Adrian Flux a bell - they do what seems to be a good policy for about £16 a month.

    Or call your household insurers.
    Postby team47b » Sun Jun 28, 2015 11:53 am

    De Sisti wrote:
    This is one of the silliest threads I've come across. :lol:

    Recognition at last Matthew, well done!, a justified honour :D
    smithy21 wrote:

    He's right you know.
  • Dain
    Dain Posts: 10
    Matthewfalle wrote:
    Give Adrian Flux a bell - they do what seems to be a good policy for about £16 a month.

    Or call your household insurers.

    Would household cover you for accidental cover though.
  • Flâneur
    Flâneur Posts: 3,081
    Depends on the cover. But Pedal Cover (house hold insurance) do. I can also state that the claims process is/was well handled from the bike and wheels through to my kit.
    Stevo 666 wrote: Come on you Scousers! 20/12/2014
    Crudder
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    Toy
  • mr_mojo
    mr_mojo Posts: 200
    Genuine question but why do you obviously need to have it insured? Are you ensuring against the risk of theft? Realistically what are the chances or risk?
    Non of my bikes are insured as chances of been stolen are low and from a value point of view they nearly all pass rule #25!
  • Matthewfalle
    Matthewfalle Posts: 17,380
    Dain wrote:
    Matthewfalle wrote:
    Give Adrian Flux a bell - they do what seems to be a good policy for about £16 a month.

    Or call your household insurers.

    Would household cover you for accidental cover though.

    Covered me when TDV smashed the bike off the roof of the car going into Edwyn’s underground car park.
    Postby team47b » Sun Jun 28, 2015 11:53 am

    De Sisti wrote:
    This is one of the silliest threads I've come across. :lol:

    Recognition at last Matthew, well done!, a justified honour :D
    smithy21 wrote:

    He's right you know.
  • sam_anon
    sam_anon Posts: 153
    Dain wrote:
    I have bought a new road bike valued at 6000 and have 8 weeks fee insurance.
    After that I would obviously need to keep it insured so does anyone know any good sites to insure the bike and what cover would I need exactly.

    Any help would be appreciated

    British Cycling offer cover if you're a member, I think through Cycleguard.
  • fenix
    fenix Posts: 5,437
    Usually Household insurance is the cheapest way to do it. Mine covers anything up to 5k i think without needing it named. So when i get n+1 it doesn't matter.
  • alex222
    alex222 Posts: 598
    Fenix wrote:
    Usually Household insurance is the cheapest way to do it. Mine covers anything up to 5k i think without needing it named. So when i get n+1 it doesn't matter.
    Which insurer are you with? Mine will only cover up to £2k. Which I thought was pretty standard for the mainstream home insurers.
  • gsk82
    gsk82 Posts: 3,570
    Alex222 wrote:
    Fenix wrote:
    Usually Household insurance is the cheapest way to do it. Mine covers anything up to 5k i think without needing it named. So when i get n+1 it doesn't matter.
    Which insurer are you with? Mine will only cover up to £2k. Which I thought was pretty standard for the mainstream home insurers.

    I had a look last year and of the house insurers i found 5k was the top any would cover for a named cycle. I ended up with specialist cover from asset sure. It's expensive, but so is my bike and all it takes is one misjudged corner. I'm not an insurer generally but decided this was worth it.
    "Unfortunately these days a lot of people don’t understand the real quality of a bike" Ernesto Colnago
  • pblakeney
    pblakeney Posts: 26,968
    Alex222 wrote:
    Fenix wrote:
    Usually Household insurance is the cheapest way to do it. Mine covers anything up to 5k i think without needing it named. So when i get n+1 it doesn't matter.
    Which insurer are you with? Mine will only cover up to £2k. Which I thought was pretty standard for the mainstream home insurers.
    Try Pedalcover for a quote.
    You may be very pleasantly surprised.
    The above may be fact, or fiction, I may be serious, I may be jesting.
    I am not sure. You have no chance.
    Veronese68 wrote:
    PB is the most sensible person on here.
  • pilot_pete
    pilot_pete Posts: 2,120
    PBlakeney wrote:
    Alex222 wrote:
    Fenix wrote:
    Usually Household insurance is the cheapest way to do it. Mine covers anything up to 5k i think without needing it named. So when i get n+1 it doesn't matter.
    Which insurer are you with? Mine will only cover up to £2k. Which I thought was pretty standard for the mainstream home insurers.
    Try Pedalcover for a quote.
    You may be very pleasantly surprised.

    Very true. After years of not insuring bikes because standalone cover was so expensive (£400pa to cover a £2.5k bike!) I decided to look again a few months ago as I now own two £10k bikes and the rest of the family bikes come to a grand total of £24k.

    Pedal Cover were excellent and insured our house contents and buildings and all our bikes for £500pa. That includes theft, at home, away from home, abroad and when out riding (say at a cafe stop) etc. No need for gold secure type locks either at home or out and about - a locked house/ garage suffices as does a simple cable lock when on a cafe stop. They did say if I left a £10k bike unattended at the station all day with just a cable lock on it they might have something to say! The fact is they know no one in their right mind commutes to the station and leaves a £10k bike there all day, or wants to carry a 2kg lock around on a £10k roadie...they are cyclists who understand cyclists and cycling.

    It covers the bikes in transit (I go abroad at least once a year with my bike) and covers all accidental damage to any bike, any kit including clothing, shoes, helmet and any accessories like a Garmin/ lights and so on.

    It is extremely comprehensive and all that for circa £250pa (the home insurance element was about the same). I was genuinely blown away as I expected it to be four times as much at least. They were incidentally much cheaper than the other major bike insurers...

    PP

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