Viewing 15 posts - 1 through 15 (of 15 total)
  • House insurance time again. (Sorry.)
  • Premier Icon geomickb
    Free Member

    Hi,

    Do I need to trawl through again or can someone recommend a policy which insures bikes kept in the garage?

    Cheers,

    Mick

    Premier Icon cb
    Full Member

    Halifax does for me – up to £10k worth of bikes anyway. Just been through the same – painful! Buildings and contents, 10k of bikes incl accidental damage, few other specified items, plus legal cover for £420. Excess is high at £350

    Premier Icon fossy
    Full Member

    Barclays – I’ve just got their expensive bike add on for £9 a month after my insurer (CIS) stopped the policy they did. I think I’ll be moving the whole contents in September to Barclays.

    Barclays are £5k per bike. CIS normal policy with bikes was about £2k, which covered most, but not my best bike, nor the full RRP for the two FS bikes.

    Premier Icon dovebiker
    Free Member

    I took out a policy with Quotemehappy – don’t have to declare the individual value of each bike on the assumption that you’re only using one at a time. Some policies require you to declare every bike over a grand which loads up the premium if you have more than a couple.

    Premier Icon MoreCashThanDash
    Full Member

    Esure or Aviva

    Premier Icon jimmy748
    Full Member

    LV cover bikes over £5K.

    Premier Icon MoreCashThanDash
    Full Member

    Should have added my bikes are specified with Esure, so wider cover than just garage.

    Think there’s a total of £15k of bikes between us for about £50 a year

    Premier Icon Superficial
    Free Member

    I can recommend eSure – they just paid out for me and were very efficient indeed / didn’t quibble. All my bikes declared (~£8000 total IIRC) and it only added £30 ish to my home insurance premium.

    Premier Icon oikeith
    Full Member

    Aviva cover my bikes in the garage, 2 bikes fall under not being specifically called out, one bike is called out and insured to its value, wasnt much more per year then what I was paying or what I was thinking of spending in beefing up security.

    Underwriters did specify I needed a ground anchor installed though and the bike to be locked to it, although no specification on quality/grading of anchor, chain or lock!

    Premier Icon DezB
    Full Member
    Premier Icon bails
    Full Member

    I stayed with nationwide this year, in part due to them not saying that bikes in cars have to be locked in the “locked boot or glovebox (!?!)” to be covered, like lots of others do.

    Premier Icon dove1
    Full Member

    Aviva.
    Declare the value of the most expensive bike and all bikes are covered individually up to that amount.

    Premier Icon dove1
    Full Member

    @oikeith

    Underwriters did specify I needed a ground anchor installed though and the bike to be locked to it, although no specification on quality/grading of anchor, chain or lock!

    The Aviva Policy booklet States that “Theft of cycles (including Ebikes) from the garden unless securely locked to an object that cannot be moved” is not covered.

    When I renewed last year I queried this and asked about garages and outbuildings and was told as long as the building is secure then the bikes do not need to be locked to anything.

    Premier Icon bails
    Full Member

    as long as the building is secure then the bikes do not need to be locked to anything.

    Fine until the the insurer asks you “if the building is secure then how did your bike get stolen from it?”

    Premier Icon oikeith
    Full Member

    The Aviva Policy booklet States that “Theft of cycles (including Ebikes) from the garden unless securely locked to an object that cannot be moved” is not covered.

    When I renewed last year I queried this and asked about garages and outbuildings and was told as long as the building is secure then the bikes do not need to be locked to anything.

    I was on the phone with Aviva, the agent needed to check with underwriting about covering this specific bike to the value requested, came back saying yes but you need to do this, essentially an extra condition for cover, I abide by it and hope to never need to use my insurance.

    My other bikes which are under the limit to be declared fall under the standard terms from the policy booklet.

Viewing 15 posts - 1 through 15 (of 15 total)

You must be logged in to reply to this topic.