Bike Insurance, any recommendations ??

[Thunderer]

Currently with Assetsure charging around £140.00 for basic cover ( no public liability) for a £3000 value, is this reasonable ??

 

[SquireRides]

Sounds a lot more than you'd pay for adding a bike to your household insurance. You could probably half that cost, if your household insurer has a decent policy towards bikes.

 

[Thunderer]

Sounds a lot more than you'd pay for adding a bike to your household insurance. You could probably half that cost, if your household insurer has a decent policy towards bikes.

My present home insurance only covers up £1500, any ideas on which house policy covers higher priced bikes ??

 

[Shifty]

My household didn’t cover e-bikes, so be careful using house insurance for bikes. I used Velosure, for really good cover for the money.

 

[SquireRides]

My present home insurance only covers up £1500, any ideas on which house policy covers higher priced bikes ??

I'm using Aviva. They just want to know the value of your most expensive bike (they don't care how many bikes you have), then they provide cover up to that amount, in the home and when locked in public.

 

[Shifty]

I'm using Aviva. They just want to know the value of your most expensive bike (they don't care how many bikes you have), then they provide cover up to that amount, in the home and when locked in public.

Just check they cover you for an e-bike as my insurer excluded e-bikes in the small print

 

[SquireRides]

Just check they cover you for an e-bike as my insurer excluded e-bikes in the small print

They do!

 

[Thunderer]

An update, just insured with Eversure £3000 of cover + £million of 3rd Party cover for £138, also added partners bike (£2800) on for additional £89.

 

[Rich-EMTB-UK]

Check Avivaplus different to aviva. They will cover all your bikes up to the value of your contents insurance for no extra charge. And cover up to £20k way from home for a few quid extra.
I changed from aviva home insurance and separate bike insurance and saved around £46 a month. Now paying £23 all in with £15k cover away from home.
If you want third party cover join Cycle UK for a few quid a month.

 

[Thunderer]

Check Avivaplus different to aviva. They will cover all your bikes up to the value of your contents insurance for no extra charge. And cover up to £20k way from home for a few quid extra.
I changed from aviva home insurance and separate bike insurance and saved around £46 a month. Now paying £23 all in with £15k cover away from home.
If you want third party cover join Cycle UK for a few quid a month.

Thanks for suggestion...Just did a price comparison and Arivaplus worked out at £400 + £75 for Cycle Uk family membership. My axa house insurance with separate bike insurance is £500 so not a great difference, excess less on bike (£100) than house (£250) but worth looking into next year

 

[MitchF]

Cycleplan. Public liability and full retail value of new for old.
£16pcm

House ins would cover more than £2k

 

[davarello]

Here in NZ, i have the bike insured as an extra policy next to my contents, at a rate of 5% of agreed value. It's covered for theft from a locked building or vehicle and also for crash damage resulting in a write off. Not cheap, but at least a payout would be enough to buy a new replacement.

 

[Shifty]

I like having the new for old. I think that’s worth a lot.

 

[shawry]

Sorry to revive an old post, im looking st getting some insurance sorted, im awaiting info from my home insurance, but im still thinking that it may be worth getting separate instead, ive seen laka mentioned online and wondered if anyone had experience of them?

 

[Jeb]

Just started
Bicycle insurance to protect all cyclists | Velosurance
USA, 2 Bikes $11,000 total replacement value, $39/month.
They look like the real deal.

 

[nikparab]

There are lots of company which provides 2 wheeler insurance and says that they are the best. But I would say that IFFCO-Tokio is one of the best insurance companies. Before getting insurance you must compare 2-3 company's policies and must look at which company gives own damage cover, damages to Third-Party, who must have a good Claim Settlement Ratio, Savings on Premium and must have easy claims process.