House Insurance - Bike Cover

[jcosh]

Hi

Any advice on who is good for general house and contents insurance to include a good level of bike cover.

We are getting silly quotes which seemed to be ramped up du to the bikes I want covered. As soon as we start listing the value of individual bikes the premium goes up. Is there anyone out there that will cover bikes on a like for like basis for a sensible price.

Any suggestions welcome.

[Allblackdup]

I'm also interested to hear what other people have done for this as i've just bought a new bike. Although i'm also looking at joining British Cycling and they give members discount on insurance which i'm going to look into further...

http://www.britishcycling.org.uk/membership/articl...

[anonymous-user]

LV charge me about £10 a year per £750 bike to add to buildings/contents. £50 excess. I have claimed for 2 bikes in 10 years pinched from train stations. No silly small print or excuses. Great service..

Edited by anonymous-user on Monday 12th December 10:17

[JamesC27]

Both bikes insured on the house policy, insurance at home and out and about. Cost £80 bikes £2000 giant full sus and £1000 gr hard tail.

[JamesC27]

Both bikes insured on the house policy, insurance at home and out and about. Cost £80 bikes £2000 giant full sus and £1000 gr hard tail.

[The Stiglet]

JamesC27 said:

Both bikes insured on the house policy, insurance at home and out and about. Cost £80 bikes £2000 giant full sus and £1000 gr hard tail.

I'm getting ripped off!!!

Home insurance is costing me £70 a month, which doesn't cover bikes more than £500. They wouldn't cover my bike as it was too expensive. I went with Cycleguard and it's costing me £35 PER MONTH, which covers me for racing/club rides etc. It's like insuring a cheap car

Shall I look elsewhere?

[itsnotarace]

Marks and Spencers, 4k single item limit, no extra charge for bikes. £29 per month for 75k cover I think. Also covers you out and about on the premium policy.

[anonymous-user]

the britishcycling deal isnt that good, from memory is 10% off a selected supplier i found a few deals which were cheaper. even if you get the insurance from M&S or someone, its worth joining BC anyway, the public liability insurance is worth having and i'd rather make a legal/insurance claim using a company with substantial cycling experience rather than A.N.Other...

[jcosh]

Will try M&S thanks. Trouble is I have several bikes, at least one of which breaks the £4k limit for replacement costs.

[itsnotarace]

You can add on items that are over 4k, you just need to list them at that point and they may charge you.

[cjs]

I'm with the Pru, costs me £35 a year for adding my £2.5k bike as a named item.

[Soop Dogg]

I'm with Axa. My contents policy includes cover for up to £1K per bike as standard. I pay a little extra for worldwide cover in case they should disappear when I have them away on holiday with me.

[Allblackdup]

Blimey! I've really got to sort mine out judging by some of the quotes here.

[a11y_m]

itsnotarace said:

Marks and Spencers, 4k single item limit, no extra charge for bikes. £29 per month for 75k cover I think. Also covers you out and about on the premium policy.

It was too good to last

See here: http://singletrackworld.com/forum/topic/best-cycle...

We've been with M&S for years purely for their £4k single item cover - fingers crossed we'll get a decent renewal quote when the time comes as I've got no idea who we'll find that does the equivalent. We've even got ours covered away from homw (inc Europe) via our M&S home insurance.

[matt-ITR]

Covered by Natwest, paying just under £15 per month (contents only). Unlimited cover and includes accidental damage and cover away from home.
We were with M&S, but Natwest offered to price match and give like for like cover.

[Liquid Knight]

My £1,500 bike costs £80 to insure including up to £500,000 public liability cover in case I hit someone/something. I got it through these guys...

http://www.immobilise.com/

..when I registered my tracker chip.

[Fetchez la vache]

I think my zesty was an extra £30 over the year with NFU, but it's valued at 2k not 4, so can't say about insuring a more expensive bike..

[The Stiglet]

Do you guys all live away from cities?

Anyone living in central London?

I'm gobsmacked about how cheap some of the quotes are.