We’ve got our house contents insurance through M&S and I still haven’t put my bike down as a named item (we’ve got 6 between us but I reckon only one is worth over 2k). What do people reccomend in terms of valuation? I’ve got reciepts for pretty much every component on the expensive bike (not fussed about insuring building costs), there’s a few second hand bits on it though. I’m tempted to just get them all down to the LBS and get them valued or will I be ok just totting up reciepts?
What should I be doing?
– current RRP?
– RRP at time of purchase
– price paid
How significantly is it going to impact my premium? Wife is keen to stay with M&S for other policy benefits (have sugested switch to her)