Forum menu
I gather M&S used to be the best for home & contents insurance when you have 'spensive bikes... is that still the case?
Who cover bikes without too much of a premium?
B
This is not a helpful post for you, for which I'm sorry.
I've got a couple of bikes. To insure them would be very expensive (at least a couple of hundred per bike per year). Apart from when they live in my cellar, I've found it much more useful to spend my money on really good locks and looking up how best to lock up a bike (big sturdy lock through frame, rear wheel and solid object fixed to ground that you can't lift bike off, possibly cable extension round front wheel and saddle).
If someone's determined to steal your bikes from your house, they'll do it (although if they're only in a shed, it's worth investing in a good ground anchor and a noisy alarm system). If someone's determined to steal all they can from your bike when it's locked up, you can't protect against a multitool. Your best defence is either obscurity (make your bike look pretty crap), obviousness (in a high-traffic, CCTV-monitored, cyclist-friendly area) or great big locks (like the lion thing - you don't necessarily have to be able to outrun the lion trying to eat you, you just have to be able to outrun the other guy the lion's trying to catch) - if your bike's securely locked up and looks a bit scruffy and it's next to something more showy and badly locked, a lot of the time the average bike thief won't touch your bike.
HTH.
: P
M&S, cover upto £4k per bike and you can get cover away from home.
I have my home insurance with Halifax and while they only cover bikes up to £500 as standard I've found it pretty cost-effective to add them as named items.
Cover for a £3.5K bike with away-from-home cover added about £50 to my premium.
Worth it I'd say.