M&S Home Insurance renewal – good news

Update for interest:

Last year my Santa Cruz Juliana was stolen from my shed (brick outhouse not a flimsy wooden thing) and I received a successful payout without fuss from M+S Home Insurance.

I have been dreading the renewal thinking they would either whack the premium up or refuse to insure our bikes (two FS MTBs and 2 road bikes) but the renewal arrived today and it was pretty much the same as last year and the £4k limit remains. Did a quick price comparison and managed to knock another £20 off and get £45 cashback from quidco, so buildings and contents insurance is costing about £230 for the year including worldwide cover for getting on for £10k worth of bikes – very happy with this!

good post mines up in dec will be looking at m+s

In the same vein, my campervan is insured through Lifesure. Last year the cover was £430ish, this year the renewal with Axa was £450, but Lifesure said they had found a new product with the same cover available to them this year at £250ish through a new Lloyds syndicate.

Knockout!

not a flimsy wooden thing

Hmmmm….does this matter?

‘stard! 😉

My M&S renewal quote is £480 – never claimed evvva and live in a low-crime/no subsidence/blah part of Surrey.

<sulks>

I changed from M&S because their premium had gone silly to maintain the cover that we all raged about. OP Id check your level of cover under the renewal if I were you….

115 contents only for crime ridden rochdale.. ( wont cover for buildings due to ‘high subsidence area’)

stoner – who did you move to for home/contents + bike ? And do you have to name/value bikes etc if > a certain amount ?

I think we’re back with the AA at about £350ish. Buildings & Contents.

I got Mrs S to check that all our bikes are covered including the expensive one (c. £3.5k to replace) and we’re good. Didnt have to name the bike either IIRC. Also away from home cover too I think.

LUCKY YOU!!! OP.

They refuse to insure my bikes over 1k. Even though their replacement is 3k.

Plus I live in a good area.

cheers stoner – will hit the ‘net tonight <whoop>

Stoner i’m with the AA and they wanted the bikes noted on the documents, just checked and they are defo on there as they are valued at more that 1.5K for a single item

i’d check if i were you

will do. ta

Its poss Mrs S has named them, but the cover remains.

Quick check on AA brings up:-

unattended bikes must be locked in a building or secured via the back wheel to a “permanent structure”
wear and tear depreciation is taken into account for bikes – so no “new for old” stylee payouts.

So, I’m out.

Stoner, Limit is £4k, I’ve triple checked – renewal notice even lists the claim but also confirms £4k limit in place with no endorsements or restrictions – contents incl away from home is £96 per year and the rest is for buildings. Area not the best as well – ex-council house on the outskirts of a large city in northern England.