New (cheap) bike on...
 

[Closed] New (cheap) bike on insurance...hive mind help

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My trusty old (>10 yrs) Spesh Hardrock (with rigid forks and slicks) got nicked a couple of weeks ago. It's my day-to-day hack/commute bike (bit of gravel/bridleway but mostly road) and got used for the odd bikepacking trip.
I'm covered on insurance for up to ~£400 but need to buy from Wheelies - http://www.bikereplacement.co.uk/Catalogue.aspx?catid=1&sPrice=400&ePrice=1000&psize=999&filter1=Mens%20or%20Unisex

If I go for cash I get ~10% less value...
Considering a cyclocross or lightish/rigid hardtail, but my options look limited :/ any recommendations?


 
Posted : 25/10/2016 1:57 pm
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Probably should have said that I add my own cash up to ~£700 but just moved house so funds are low!


 
Posted : 25/10/2016 2:09 pm
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I think you can probably push for a cash settlement instead, which would allow you to go and spend your money somewhere much better value like Halfords or Go Outdoors.

Wheelies are a nightmare if anything goes wrong with your new bike anyway.


 
Posted : 25/10/2016 2:17 pm
 cp
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I'd go back to your insurer and say something like there's nothing acceptable/comparable from wheelies, you want the full cash value so you can purchase elsewhere.


 
Posted : 25/10/2016 2:29 pm
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If I read that correctly it's £400 from wheelies or £360 cash...I'd be taking the latter personally


 
Posted : 25/10/2016 8:27 pm
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Have you checked small print in policy to confirm insurers are within their rights?
If not specifically stated then you would be right to insist on full amount.


 
Posted : 25/10/2016 8:35 pm
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I'd be very inclined to insist on cash to buy a bike elsewhere, such as the Calibre Two.Two v2 for £400 or wait for the Voodoo Marasa to drop from its rather inflated price (it was £240 in the summer).


 
Posted : 26/10/2016 7:11 am
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