terry_gardener
Veteran
- Location
- stockton on tees
when I purchased my bike it was on sale for less than £1300 so I insured the cycle for £1400 to include any accessories. the replacement value of the bike is now £1550.
I have just noticed this on the ETA insurance website under exclusions
"Claims where the sum insured is less than the replacement value of the pedal cycle inclusive of any extra accessories. Note: The purpose of this exclusion is to prevent pedal cycles from being part/under-insured."
does this mean that I have to up the insurance value amount to £1550 and then get a gold sold secure lock to go with it, as over £1500 insurance needs gold.
I have just noticed this on the ETA insurance website under exclusions
"Claims where the sum insured is less than the replacement value of the pedal cycle inclusive of any extra accessories. Note: The purpose of this exclusion is to prevent pedal cycles from being part/under-insured."
does this mean that I have to up the insurance value amount to £1550 and then get a gold sold secure lock to go with it, as over £1500 insurance needs gold.