- Insuring expensive bikes
I discovered last night that MoreThan's "limit per cycle" in their contents insurance tops out at £2,500. As I am fortunate enough to have an expensive bike, I was wondering who I should look at for getting my bikes insured?
My contents insurance renewed last month so I'm not particularly interested in changing that.Posted 7 years agotrail_ratMember
depends on massive CK – for me other companys without bikes were like 100 quid ….
for the bikes – we have 10k between us invested (or should that be squandered) in bikes and the fact m&s wanted 350 quid to cover contents plus bike plus accidental damage seemed a no brainer to mePosted 7 years agoflippinhecklerMember
My bike was included in my Zurich Household insurance, after a mishap with my bike I am now getting a new Turner with a shiny set of new forks along with a few other replacement bits! 😀 My old bike was covered for what I paid but the insurance also added inflation for todays prices hence the higher value new frame.Posted 7 years ago
I'll look into M&S insurance, then. I guess I'll also have to find out about cancelling my current contents insurance too, if M&S cover will me.
When I last looked at changing my contents insurance provider I remember checking M&S. I also remember that one company refused to cover me because I live in a flat rather than a house. I can't remember if that was M&S, though.Posted 7 years agoTeaBoyPaulMember
Another vote for M&S here. Got buildings and contents with them (with 'away from home' and 'accidental damage' on the contents). They even paid out for a new frame for me last year when I broke my old one. I wasn't expecting them to but they didn't even question it.
For people with M&S already, always get a new quote every year rather than accepting the automatic renewal.. I saved over £200 off my renewal price last year!Posted 7 years agoandrewhMember
Sorry for the hijack, been thinking about insurance for a while but can't really afford the premiums (can I afford not to though? really couldn't afford to replace it)Posted 7 years ago
What is there for those of us with a bike well in excess of £5k? (no I'm not rich, that was the best part of a year to save up, and I still owe the parents well over a grand 14 months on)
Live in an area where crime isn't really an issue, never even bother locking my car at home, but I was thinking more of travelling to races with it, and maybe even accidental damage cover?NorthwindSubscriber
Get a big angry dog, and starve it. The downside of this is that you'll never be able to get your bikes out of the shed again.
Alternatively, sell the Mojo and buy a Saracen.
We're with one of the various RBS shill brands but they still only go up to £3000, and i have to be honest I'd be a wee bit nervous about their claims process, they seem a bit vague. Also, though the bikes are covered to their specific value, that also counts towards the single payout limit of £1000. So, we'd get the payout for the bikes but effectively nothing else in the garage is insured, which is a bit worrying.Posted 7 years agohighclimberMember
Homelet have my premium set at £27 for £15,000 contents and £1500 worth of bike and they don't care what lock you use as with other insurers who generally specify that it needs to be locked up with a Scooter lock or something similar… not practical to carry with you an a ride!!Posted 7 years agoedhornbySubscriber
get in touch with the ctc or british cycling and ask them about specific bike insurers, seperate policy with people who know about bikes. if you're going to spend that much on a bike don't skimp on insurance
and make sure they are locked to a ground anchor when at home!!!Posted 7 years agomomoSubscriber
I've just got my renewal through from M&S, went online to get a new quote, and it was £20 more than my renewal!
Not had to claim with them yet thankfully, but I'm sure that they can't be worse than Barclays were when I had to claim for water damage a couple of years ago (took over a year to settle the claim!)Posted 7 years ago
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