So better to add to home insurance than get bike specific insurance? I’ll try that.
Bump, for any more?
Hello Wozza,
There is a good chance that your insurer will not cover the full replacement cost of your Tracer. Many household policies have a limit of £1,500 on a bike so be careful that you don’t under insure yourself.
The consequence would be that your insurer would calculate to what % you were underinsured and deduct that percentage from any payout; or they would simply not payout and point out the exclusions.
We work with Velosure. As with any insurer, you’ll need to use an approved lock, but you’ll probably already have one of those.
Velosure will cover you for theft and accidental damage and give you a number of options with other levels of cover.
Might be worth giving them a try?