Alterative To M&S Insurance?
I recently went with Direct Line. You have to ring to get a quote and give details and value of your bikes but still worked out less than half what M&S wanted for a renewal. When I’ve had car insurance dealings with them in the past they’ve always been good, but hoping I never find out how good they are!Posted 4 years agocameroneSubscriber
I have direct line home plus. Bikes are treated as contents so not specified items as long as on the premises, so have the same value limit as all contents, I have individual 15k on valuables. Every year on renewal I telephone and check this is still the casePosted 4 years ago
Away from house £1k limit, so I never let them out of sight…cakefacesmallblockSubscriber
The Co -Op for us this time around, seem happy to put individual bikes on, although I only have one right now. Properly valued and described on the policy. More than adequate household insurance, think it’s about £300 / year. 3 bed det in s/w midlands.Posted 4 years ago
It’s ok getting ‘half the price’ quotes but if the worst happens and bikes get nicked, how much do those companies take off the value for wear and tear?
Would you lose more money in the payout for the bike/s than the increase in the premium for M&S…….?
Just saying like, it’s something that I’ll be taking into account as I’m sorting out my renewal anyway.Posted 4 years ago
I’ll have you know i’ve sold at least 3 bikes in the last 3 months.
So only 297 bikes now. 😉
granny.Posted 4 years ago
TBH after looking at a few different companys last night i’m thinking the same thing as you.
It may be more expensive but it does seem the best cover out there.steel4realMember
Just got my M & S renewal – took the advice of above and previous threads this year 😮
A quick check on the net had More Than with what looked to be comparable cover for about the same money (£450 – buildings & contents).
Hiscox was £800+ without specifying the bikes 😯
AXA – would have needed a phone call for details.
So I phone M & S, specified 3 bikes, each by frame name and then noted ‘custom’ for 2.5, 3 & 3.5 K, that added £200 to the quote !
So increased excess from 50 to 200 and it was a net increase of £20.
Fairly happy with that 🙂Posted 4 years agosteel4realMember
gr – one is still available although mine is a 2011/12 frame, the other 2 aren’t although they are both 2012 frames & forks. One was dropped by Sepcialized this year and the other doesn’t have a direct replacement by Ragley.
When I phoned and said there was one concern – the first thing the person I was speaking to asked – was it the bicycle insurance ?. Obviously knew the drill and agreed with the method of describing. Advised to have up to date photos of them as well as the bikes weren’t ‘off the shelf’.Posted 4 years ago
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