I'm after a policy for bike insurance as I've just bought a new full carbon fibre bike, so don't want to be out of pocket if I come off or damage it.
Could anyone recommend a good insurer?????
Regards
Lackofgrip
Bike Insurance
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- Posts: 168
- Joined: 26 May 2011, 10:30am
- Location: The Dearne Valley
Bike Insurance
Previous :- Raleigh Burner,Grifter,Chopper,Activator, Claude Butler Rock, Carrera TDF, Focus Cayo, T30 Hybrid, Planet X Team Alu, TREK 1.5, Specialized Rockhopper SL, Raleigh Medale Fixie, Pro Carbon TT
Current :- CUBE Peloton Race, Planet X Kaffenback 2
Current :- CUBE Peloton Race, Planet X Kaffenback 2
Re: Bike Insurance
My house insurance covers accidental damage...
A shortcut has to be a challenge, otherwise it would just be the way. No situation is so dire that panic cannot make it worse.
There are two kinds of people in this world: those can extrapolate from incomplete data.
There are two kinds of people in this world: those can extrapolate from incomplete data.
Re: Bike Insurance
Where ever you buy. Read the small print! Expect to pay over 10% of the bike's value as an annual premium.
"I thought of that while riding my bike." -Albert Einstein, on the Theory of Relativity
2007 ICE QNT
2008 Hase Kettwiesel AL27
2011 Catrike Trail
1951 engine
2007 ICE QNT
2008 Hase Kettwiesel AL27
2011 Catrike Trail
1951 engine
Re: Bike Insurance
I have looked at a few bike insurance firms and found that the conditions of use made the policy worthless. I was looking for theft and damage cover but the restrictions about where to keep the bike, how to lock it etc. etc. were just silly. If you have a nice lightweight carbon fibre bike you will not wish to lug a heavy shackle lock around. As for damage, then do read the very small print. Insurance policies are written for the benefit of the insurance companies not for the users.
Re: Bike Insurance
FWIW I've recently rotted my brain looking at alternatives for house contents and separate cover for two bikes and a cargo trike (total replacement cost over £5K), and the clear winner is Marks and Sparks contents, as part of which the bikes are covered without a premium loading.
A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort.
Re: Bike Insurance
I'm in the process of looking at insurance as well and so far ETA appear to be coming out as the front runner (https://www.eta.co.uk/insurance/cycle) - they have thing like taxi fare home or to your destination in the event of a breakdown included as well as the best death benefits (god forbid)
Re: Bike Insurance
As others have said, cycle specific insurance seems to carry an awfull lot of small print, especially regarding the lock you have to use - at home as well as out and about! So read carefully. You also need to decide if the ultra lightweight carbon fibre beauty you have is worth being compromised by the Gold standard locks you may have to use to keep the insurance in place. I have my bike on my house insurance which seemed the best bet, and always worth checking out. I've compromised the "new for old" policy on basis I can have more sensible choices of lock on my various travels.
Otherwise, ETA seem one of the better of the small print brigade!
Otherwise, ETA seem one of the better of the small print brigade!
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- Posts: 168
- Joined: 26 May 2011, 10:30am
- Location: The Dearne Valley
Re: Bike Insurance
Thanks for all your replies people it's been a great help
Previous :- Raleigh Burner,Grifter,Chopper,Activator, Claude Butler Rock, Carrera TDF, Focus Cayo, T30 Hybrid, Planet X Team Alu, TREK 1.5, Specialized Rockhopper SL, Raleigh Medale Fixie, Pro Carbon TT
Current :- CUBE Peloton Race, Planet X Kaffenback 2
Current :- CUBE Peloton Race, Planet X Kaffenback 2
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- Posts: 233
- Joined: 22 Jun 2007, 9:14pm
- Location: Wakefield,West Riding of Yorkshire
Re: Bike Insurance
As previously mentioned,Marks and Spencer.
No particular locks specified,I rang and checked,bikes ( or anything else ) covered up to £4K.
I have had a claim through them as well,excellent.
Ian
No particular locks specified,I rang and checked,bikes ( or anything else ) covered up to £4K.
I have had a claim through them as well,excellent.
Ian
Ian From Wakefield