Bike2Work and Insurance

[levad]

I have ordered a new bike A Surly Cross Check. I am going to get it on the Bike2Work scheme through Cyclescheme. Their website says that I must insure the bike. Have other folk done this on bikes through Bike2Work and if you have, who have you insured with?

Is joining the CTC a benefit here?

 

[Riding in Circles]

Check your home insurance, it could already be covered.

 

[Ranger]

Away from home cover cost me £5 a year through my home insurer, bikes were already covered when they were at the house

 

[Soltydog]

My C2W scheme also said i needed insurance, but i never bothered, cause i very rarely leave mine unattended outside. I guess you just have to keep making the payments if it gets nicked though.

 

[doyler78]

I have ordered a new bike A Surly Cross Check. I am going to get it on the Bike2Work scheme through Cyclescheme. Their website says that I must insure the bike. Have other folk done this on bikes through Bike2Work and if you have, who have you insured with?

Is joining the CTC a benefit here?

No the CTC benefits provide 3rd party liability in the event of an accident.

Easiest and cheapest way to do this usually is through your household insurance and generally the terms and conditions are less striginant on a home policy than they are if you take out specialist bike insurance.

Soltydog is quite right that in the event of loss or irrepairable damage for which you are not covered then you are obliged under the terms of your hire agreement to make all outstanding payments.

 

[stopher83]

Home Insurance

My bike was covered under my house insurance but i had to pay a little extra for the insurance. Not much tho only about £30 for the year.

www.uk-cycling.org

 

[Downward]

I have just Insured mine for about £3.95 per month.
A lot less than adding it to my House Insurance.

 

[doyler78]

I have just Insured mine for about £3.95 per month.
A lot less than adding it to my House Insurance.

Who did you insure it with if you don't mind us asking and what price were you insuring the bike for?

 

[Downward]

http://www.eandl.co.uk/cycle-insurance/

 

[doyler78]

All very interesting as I am looking for insurance at the min. My household insurance will only cover any bike upto £1,000 and as my new bike is worth more than that it looks like I will have to get seperate bike insurance which will probably cost a lot and from what I have seen so far tend to have much more conditions attached to them than I have attached to my other bikes under the household insurance.