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Insurance premium £4,000 hike a bike

Posts: 819
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Went to add a new bike to my Sainsbury's contents insurance. Renewal in March was £150ish, 3 bikes over £1000 named. It seems any change to increase value (by £1) or add a bike results in £4,000 premium.

Obviously I'll phone them up and \or cancel but beware!


 
Posted : 07/04/2023 9:33 am
Posts: 1294
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Try Barclays. Thankfully never had to use mine but they were far cheaper than anyone else.


 
Posted : 07/04/2023 11:30 am
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Renewal in March was £150ish, 3 bikes

Ta for the psa!


 
Posted : 07/04/2023 11:40 am