Bike Insurance

What bike and bike bits should you buy?
nathan75
Posts: 11
Joined: Wed Nov 24, 2010 20:10 pm

Bike Insurance

Postby nathan75 » Sat Mar 09, 2013 16:39 pm

Anyone know of any good, reasonable bike insurance policies out there? Looking for theft and accidental damage cover. I tried www.cyclosure.co.uk but the premium seemed very high. Any guidance, especially from past experience would be appreciate.
Thanks

socrates
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Re: Bike Insurance

Postby socrates » Sat Mar 09, 2013 17:28 pm

I got a quote yesterday through Staysure with Aviva to cover buildings, contents and Cannondale Evo for £340. It covers accidental damage and theft anywhere in the UK on a new for old basis. That is pretty good I think.

nathan75
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Joined: Wed Nov 24, 2010 20:10 pm

Re: Bike Insurance

Postby nathan75 » Sat Mar 09, 2013 18:10 pm

Sounds good, think I'll be calling my home and contents provider tomorrow to discuss. Cheers

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MattC59
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Joined: Mon Jul 23, 2007 09:13 am

Re: Bike Insurance

Postby MattC59 » Sat Mar 09, 2013 21:30 pm

nathan75 wrote:Anyone know of any good, reasonable bike insurance policies out there? Looking for theft and accidental damage cover. I tried http://www.cyclosure.co.uk but the premium seemed very high. Any guidance, especially from past experience would be appreciate.
Thanks


Have a look at your house insurance you muppet :roll:
Or buy a f*cking big chain, I've got this:http://www.almax-security-chains.co.uk/product.asp?s=7jw7rq317005&strPageHistory=category&numSearchStartRecord=0&strParents=73&CAT_ID=73&P_ID=127&btnProduct=More+Details
Last edited by MattC59 on Sat Mar 09, 2013 22:46 pm, edited 1 time in total.
Science adjusts it’s beliefs based on what’s observed.
Faith is the denial of observation so that Belief can be preserved

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MattC59
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Re: Bike Insurance

Postby MattC59 » Sat Mar 09, 2013 21:49 pm

socrates wrote:I got a quote yesterday through Staysure with Aviva to cover buildings, contents and Cannondale Evo for £340. It covers accidental damage and theft anywhere in the UK on a new for old basis. That is pretty good I think.


What's the value of the bike, if you don't mind me asking ?
Science adjusts it’s beliefs based on what’s observed.

Faith is the denial of observation so that Belief can be preserved

Danlikesbikes
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Re: Bike Insurance

Postby Danlikesbikes » Sun Mar 10, 2013 00:16 am

socrates wrote:I got a quote yesterday through Staysure with Aviva to cover buildings, contents and Cannondale Evo for £340. It covers accidental damage and theft anywhere in the UK on a new for old basis. That is pretty good I think.


I'd be checking the clauses that apply to it though Re security at home if I were you, plus any restrictions on use that might apply. Not having a go just trying to be helpful as you don't want to find out after you need to make a claim that you were refused for not meeting some criteria.
Pain hurts much less if its topped off with beating your mates to top of a climb.

nawty
Posts: 271
Joined: Sun Dec 16, 2012 08:57 am

Re: Bike Insurance

Postby nawty » Sun Mar 10, 2013 07:15 am

From my investigations these guys have the best cover and are good value:

https://www.eta.co.uk/insurance/cycle/

IMO cheap insurance isn't generally worth it, if you decide you need to insure then you may as well get insurance that is worth having...
Cannondale CAAD 10 Ultegra
Kinesis Racelight Tiagra

nathan75
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Joined: Wed Nov 24, 2010 20:10 pm

Re: Bike Insurance

Postby nathan75 » Mon Mar 11, 2013 19:23 pm

Thanks all, bikes well insured whilst locked in the garage so the basics are covered.

Brushiemma10w
Posts: 66
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Re: Bike Insurance

Postby Brushiemma10w » Mon Mar 11, 2013 21:49 pm

nawty wrote:From my investigations these guys have the best cover and are good value:

https://www.eta.co.uk/insurance/cycle/

IMO cheap insurance isn't generally worth it, if you decide you need to insure then you may as well get insurance that is worth having...


Tried their website, but insurance at nearly £300 on a £3k bike seems bloody high to me. Can't ever imagine paying a premium of £2.5k on a £25k car. Perhaps I'm comparing apples with oranges............ :?

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Sprool
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Re: Bike Insurance

Postby Sprool » Mon Mar 11, 2013 23:43 pm

£300 on a £3k bike sounds pretty good to me (without knowing the small print) - I've had specialist cycle insurance companies quoting £200 for my £750 bike.

Brushiemma10w
Posts: 66
Joined: Thu Mar 31, 2011 07:07 am

Re: Bike Insurance

Postby Brushiemma10w » Tue Mar 12, 2013 08:39 am

Sprool wrote:£300 on a £3k bike sounds pretty good to me (without knowing the small print) - I've had specialist cycle insurance companies quoting £200 for my £750 bike.


Fair enough, but I suspect the uptake of bike insurance is pretty poor as a result of these high premiums.
I may live to regret it, but I guess i'll take my chances.......

socrates
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Re: Bike Insurance

Postby socrates » Wed Mar 13, 2013 08:47 am

Bike was valued at £3500. Seems to be ok as it is with a reputable company. I understand Dansliesbikes concerns but the only stipulation they put on it was that it would be locked.


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