Insurance?

[ScotiaLass]

I'm a great believer in insurance.
My camera equipment is all insured (it is worth about 5k though!), my daughter has riding insurance (horse), so why not bike insurance?

What's best for a leisure rider?
Can someone recommend a company, as I know nothing about bike insurance....btw, my steed is ancient (about 7 years old and cost about £350 back then) and is insured for theft on my home cover anyway.

 

[HLaB]

There plenty out there, and your existing home insurance may cover you for no extra cost if you give them a ring. You'll probably find that most companies will want it locked up with a heavy 'sold secure' standard lock. Alternate bike direct insurance will probably have the same lock clause but also cost x amount. For a £350 bike I would start putting away some money to replace it rather than trying to rely on an insurance company paying out.

 

[Koga]

General liability whilst using a bike on the public road is much greater risk. I checked (by telephone) and my home insurance covers this, although this is not clear at all when you read the Terms and Conditions.

 

[ScotiaLass]

There plenty out there, and your existing home insurance may cover you for no extra cost if you give them a ring. You'll probably find that most companies will want it locked up with a heavy 'sold secure' standard lock. Alternate bike direct insurance will probably have the same lock clause but also cost x amount. For a £350 bike I would start putting away some money to replace it rather than trying to rely on an insurance company paying out.

Sorry, I wasn't very clear....my bike is insured for theft from my home address. It is kept securely in a locked shed behind a padlocked gate - oh and we have a muckle big German Shepherd too

I was looking at more of a rider policy (for leisure/liability etc)

 

[HLaB]

Sorry, I wasn't very clear....my bike is insured for theft from my home address. It is kept securely in a locked shed behind a padlocked gate - oh and we have a muckle big German Shepherd too

I was looking at more of a rider policy (for leisure/liability etc)

If you are looking for 3rd party liability the CTC or BC memeberships include that (IIRC theres a pinned thread that probably explains it better than me) the same groups also offer extended personal cover.

 

[DCLane]

Rider policy; CTC, which is cheaper if you can get it through an 'affiliate' such as a club, British Cycling with their Ride membership is also good.

Currently I've 3 lots of 3rd party insurance ; CTC (affiliate costing £16), BC (Silver Race membership) and League of Veteran Racing Cyclists (costing £20).

 

[HLaB]

The Pinned Thread (link) might explain it better.

 

[ScotiaLass]

Thanks all......just joined the CTC

 

[vickster]

Third party only covers you if you damage something else, not if something damages you. Should get legal advice though

 

[Gravity Aided]

Sorry, I wasn't very clear....my bike is insured for theft from my home address. It is kept securely in a locked shed behind a padlocked gate - oh and we have a muckle big German Shepherd too

I was looking at more of a rider policy (for leisure/liability etc)

This fellow keeps an eye on mine, as well as his assistants

 

[Leodis]

Got 3rd party through my cycle club membership, £15 a year gets me bronze BC membership (which I think has liability insurance). I do have full insurance for my commuter but will finish that as my bikes are locked in my house and at work in a secure area with gold locks

 

[vickster]

£15 a year gets me bronze BC membership (which I think has liability insurance).

Same as 3rd party - you hitting something not vice versa. Personal injury a different insurance