Thanks for all your opinions so far
I received the follow up call from Wheelies and they went through the various options and obviously offered the Giant Rapid 4 as the like for like replacement and then tried offering me a Giant Defy 1 or Scott Speedster 20 as a replacement for my Specialized Sectuer Comp as they were trying to price match to the £1200 it's worth but included all the accessories I bought on top of the Comp which I told them I didn't want them to do. Anyway after going back and forth telling them I wanted them to price up a like for like for just the bike with full 105 not mix and match they continued to tell me the Scott was the best option but I disagreed. I did speak to the guy about combining the cost into one to which he said they could do and if I then wanted to add further money that is also available. From what I could see they don't really offer anything with full 105 for similar value (to my Spesh) and the closest I could see has most with either Shimano non group brakes or tektro brakes. I was trying to stick to my guns on the full set so that they would agree to go over the £1200 in order to get as close to that amount as a cash settlement after Wheelies discount for Esure but he kept saying they won't go over £1200 as that's the maximum claim allowance.
It looks like I may have to stick with getting something from Wheelies as I can't really afford to lose a chunk of money because of this discount they're going to deduct from a payout for going with someone else. I'll be speaking to Esure tomorrow and argue my case again that Wheelies have been unable to offer a suitable like for like replacement based on spec and see what the maximum I can get paid to a different supplier will be. Hopefully it won't be back to the drawing board with a new list.
After all of this my advice would be to avoid Esure if you're looking to take out contents and add your bikes on. Now I've got experience of a claim I'll definitely be asking more questions before choosing my next bike policy that's for sure.