Bike Insurance Advi...
 

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[Closed] Bike Insurance Advise

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Home insurance provider is looking to charge £63 to insure £1500 worth of bike, from experience is this competitive or are there any bike specific insurance providers that I should be looking at??

Cover is for theft or damage either at home and away from home.


 
Posted : 19/12/2012 10:08 pm
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Per year? yeah pretty reasonable. Per month? Not so reasonable.


 
Posted : 19/12/2012 10:10 pm
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When I had a quick look the going rate for bike specific insurance seemed to be around 10% of the insured value, makes your's look good. That said a lot of home insurance policies include bikes up to £1500 in the basic price. My AA home cover does, think M&S does, too. Might be worth a quick shop around.


 
Posted : 19/12/2012 10:14 pm
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Looks ok to me buddy


 
Posted : 19/12/2012 10:15 pm
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Are there restrictions/exclusions, ie must be locked to a immovable object etc.


 
Posted : 19/12/2012 10:16 pm
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Cheers its annual, I'll rock with it, it was included in AA's quote but it was £300, L&G is only £140 (and I get £75 in M&S vouchers) but have to pay £63 to cover the bike....sounds like a plan.

Thank you.


 
Posted : 19/12/2012 10:19 pm
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Barclays was cheapest for me - and good when I claimed.


 
Posted : 19/12/2012 10:21 pm
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b r need to check full t's & c's but I would expect it would need to be locked up if unattended, but I'm one of those who winces when I read people leave their bike on a roof rack...I won't leave my bike unattended for a second! Guessing it'd be covered if someone took it for me though (unlikely unless well armed!)


 
Posted : 19/12/2012 10:23 pm

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