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Bike Insurance
Jonhinio
Posts: 289
in General Chat
Wonder if anyone could give me advice on bike insurance? After picking up my trusty new steed yesterday and subsequently being used as target practise by some youths in a car, I thought I'd best make sure the bike is fully insured in case anything happens.
Any help would be greatly appreciated
Any help would be greatly appreciated
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The tri insurance covers you for all types of races (TTs, sportives, tris etc.). You do not have to have your bike locked in transition to be covered (as Jib said)
You can also get some personal liability insurance which can be useful - not quite sure if it covers you when you crash into meakie though.
I have a few bikes on it, so it was came to a fair chunk - a bit under £100 for a year. We'll see if it is worth it!
The main bike insurers I can find are: E&L, Butterworth and Cycleguard.
As others have mentioned cycleguard do a tri specific policy, but it is expensive. I'm not sure what sort of bikes the others have on here, but I just plugged in £1000 and the active option with no public liability, Euro travel or other people and got quoted £110 a year. For what is effectively a very basic policy that seems a lot to me. (I may be doing soething wrong though!)
E&L are quoting about £80 for a similar one, but I do need to check with them about locking the bike in Transition (as that isn't going to happen!)
The best option as others have mentioned is M&S home insurance (as long as you have home insurance!). I had a brief look but it was about £400 a year so not an option for just bike insurance!
I've recently worked out that in the last 7 years in London I've had:
3 BMXs, 2 Mountain bikes, a Hybrid, 1 road bike (my Orbea - sniff) stolen from work/shed/home. A couple of those were recovered, i.e. dumped.
Plus, 2 motorcycles and a rather nice Condor Fratello hit by cars who ALL left the scene!
I think I need to lie down now.
I asked why and was told they took it out about 6 months ago due to the number of claims....