Re: Bike Insurance

[Disgruntled Goat]

On Thu, 17 Jul 2003 20:58:08 +0100, "Turkey Tickler"
> wrote:

>Hi there
>
>Does anyone know of any decent bike insurance schemes in the UK?

I think that adding them to home contents insurance is generally a
better value deal than specialist policies, but ICBW.

>I had a quote from http://www.cycleguard.co.uk of £94 pa for bikes up to the
>value of £1000.

Doesn't sound too bad, but have a look at the small print. Doesn't
look like your covered if your lock is nicked along with your bike.

>Is this competative?

OK, plugging my info into their quote generator it comes up with a
figure of £307p.a. We added two bikes at a total value of £2500 to our
insurance and ended up paying about an extra £5 a month (£60p.a.!)
We're covered for third party, accidental damage, new for old, no
depreciation and with only a £25 excess. The only condition is that
bike must be securely locked if unattended. That's it. No approved
lock list, no need to supply remains of lock and receipt if bike is
nicked, nothing.

Obviously, YMMV. but I'd check with a couple of household contents
insurers before shelling out.

--
DG

Bah!

[ESSCo]

Hi

I'm going through exactly the same process at the moment. I'm trying to get
a £1500 Marin insured. My household insurance will cover upto £1500 for all
bikes/a single bike for an extra £40, but that would leave the other bikes
in the household without cover! It may be cheaper for me to move my
household insurance in the long run.

Dave

"Disgruntled Goat" > wrote in message
...
> On Thu, 17 Jul 2003 20:58:08 +0100, "Turkey Tickler"
> > wrote:
>
> >Hi there
> >
> >Does anyone know of any decent bike insurance schemes in the UK?
>
> I think that adding them to home contents insurance is generally a
> better value deal than specialist policies, but ICBW.
>
> >I had a quote from http://www.cycleguard.co.uk of £94 pa for bikes up to
the
> >value of £1000.
>
> Doesn't sound too bad, but have a look at the small print. Doesn't
> look like your covered if your lock is nicked along with your bike.
>
> >Is this competative?
>
> OK, plugging my info into their quote generator it comes up with a
> figure of £307p.a. We added two bikes at a total value of £2500 to our
> insurance and ended up paying about an extra £5 a month (£60p.a.!)
> We're covered for third party, accidental damage, new for old, no
> depreciation and with only a £25 excess. The only condition is that
> bike must be securely locked if unattended. That's it. No approved
> lock list, no need to supply remains of lock and receipt if bike is
> nicked, nothing.
>
> Obviously, YMMV. but I'd check with a couple of household contents
> insurers before shelling out.
>
> --
> DG
>
> Bah!

[chris French]

In message >, ESSCo
> writes
>Hi
>
>I'm going through exactly the same process at the moment. I'm trying to get
>a £1500 Marin insured. My household insurance will cover upto £1500 for all
>bikes/a single bike for an extra £40, but that would leave the other bikes
>in the household without cover! It may be cheaper for me to move my
>household insurance in the long run.
>

Indeed, I have done that before (well it wasn't the only reason but it
was a significant one) standalone bike insurance just seems so
uncompetitive.

FWIW I'm insured via Nationwide's household insurance (underwritten by
Churchill IIRC, and basically the same) but the best company for someone
varies greatly. Other possible companies have been mentioned here
before.

Google Groups is your friend.
--
Chris French, Leeds

[Turkey Tickler]

Thanks to eveyone for their help - I hadnt even considered the idea that my
existing hhold insurance might cover me - i'll try that first.

Thanks again

Chris
"Turkey Tickler" > wrote in message
...
> Hi there
>
> Does anyone know of any decent bike insurance schemes in the UK?
>
> I had a quote from http://www.cycleguard.co.uk of £94 pa for bikes up to
the
> value of £1000.
>
> Is this competative?
>
> tia
>
> Chris
>
>