Locks

[Blue Hills]

Biggest problem round here is stealing of parts from bikes. Feckers nicked my rear disk brake set up . Lever pipes callipers ... £75 I didn’t want to have to spend ...

was that from the street during the day/evening?

 

[subaqua]

was that from the street during the day/evening?

From street . In daytime .

 

[Blue Hills]

From street . In daytime .

cripes - that is bad. sorry to hear. somewhat surprised. Maybe I've lead a sheltered (london) life.

 

[Vantage]

So I'm looking for the holy trinity of strong , light, and affordable.

In a lock

I know you can't generally have all three.

But is there anything that comes close??


Also I don't have home insurance - so I can't add my new bike to it.
What do others, in a similar position do?

Who is good for bike only insurance??

I'm in the same situation. No home insurance and tired of dragging a stupid heavy lock around.
I went with ETA insurance and had the bike covered for £1200 for which they required a sold secure silver rated lock.
The lightest (but still tough) lock I could find is this. Barely 500g.
Im being charged £520 a year payable in monthly installments which is incredibly expensive and so beginning next year, I'll be taking out home contents insurance which from the quotes I've had so far will be £300-400 cheaper and less stringent.
Personally, going specialist cycle insurance is a pretty stupid move considering the other cheaper alternatives. On the other hand, with ETA's cover, I'm also covered for 3rd party claims for up to £5,000,000. Doubt I'll get that with contents insurance.

 

[tom73]

I went with Bikmo similar cover value but lot cheeper. My home insurance is cheep and adding our bikes was not option. I like the extra cover bike insurance give 3rd party , medical cover, optical and dental cover and cover for events and transporting my bike is also covered.

In the end is a personal choice for me bike cover was way to go.

 

[mudsticks]

I'm in the same situation. No home insurance and tired of dragging a stupid heavy lock around.
I went with ETA insurance and had the bike covered for £1200 for which they required a sold secure silver rated lock.
The lightest (but still tough) lock I could find is this. Barely 500g.
Im being charged £520 a year payable in monthly installments which is incredibly expensive and so beginning next year, I'll be taking out home contents insurance which from the quotes I've had so far will be £300-400 cheaper and less stringent.
Personally, going specialist cycle insurance is a pretty stupid move considering the other cheaper alternatives. On the other hand, with ETA's cover, I'm also covered for 3rd party claims for up to £5,000,000. Doubt I'll get that with contents insurance.

Ye Gods that's expensive - I think i might just chance it - could budget to lose a bike every three years, and still come out on top - although I've been lucky so far - I've never lost one yet in 30 + years - but maybe that says more about my bikes potential resale value than anything else .

I went with Bikmo similar cover value but lot cheeper. My home insurance is cheep and adding our bikes was not option. I like the extra cover bike insurance give 3rd party , medical cover, optical and dental cover and cover for events and transporting my bike is also covered.

In the end is a personal choice for me bike cover was way to go.

Thanks will follow that up - i particularly like the sound of transport insurance if I'm sending the bike ahead of myself.
Due to its insecure nature, I'm uncertain that my home is insurable at all (I'm trailer trash)

I was looking into taking bike to the continent on the train, and someone suggested couriering it to a forwarding address such as a hotel, as a cheaper and less faffy way of doing it. Would be nice to have that covered.

 

[SkipdiverJohn]

I'm in the same situation. No home insurance and tired of dragging a stupid heavy lock around.
I went with ETA insurance and had the bike covered for £1200....Im being charged £520 a year payable in monthly installments which is incredibly expensive.

So you're paying £520 a year to insure £1200 of risk?? I don't pay that on all my cars! That's a bonkers amount of money to be shelling out. I must be in the wrong game, I should be in the insurance business myself at that rate of return! You'd be better off just investing the £520 premium yourself and taking your chances with the bike thieves.
I don't bother with insurance as a rule; the only two exceptions being my home buildings cover and on my cars - because I can't legally avoid that. My default approach to risk of loss is I simply save or invest the money I would otherwise spend on endless insurances (like home contents, domestic appliances, gadgets, phones, bikes etc) and I accept the risk that if something gets nicked or damaged every so often then I'm going to have to swallow the expense myself. Overall I reckon I save a lot of money by "self insuring".

 

[mudsticks]

So you're paying £520 a year to insure £1200 of risk?? I don't pay that on all my cars! That's a bonkers amount of money to be shelling out. I must be in the wrong game, I should be in the insurance business myself at that rate of return! You'd be better off just investing the £520 premium yourself and taking your chances with the bike thieves.
I don't bother with insurance as a rule; the only two exceptions being my home buildings cover and on my cars - because I can't legally avoid that. My default approach to risk of loss is I simply save or invest the money I would otherwise spend on endless insurances (like home contents, domestic appliances, gadgets, phones, bikes etc) and I accept the risk that if something gets nicked or damaged every so often then I'm going to have to swallow the expense myself. Overall I reckon I save a lot of money by "self insuring".

Yes this is my general approach too - the £520 is a usurious amount - and i guess there's an excess too - plus some wriggle out clause along the lines of - "Ah well, it was nicked when the moon was in Sagittarius with Mercury rising - so clearly we can't cover you for that .."

 

[vickster]

£520 for a £1200 bike

I have my house, its contents at home and away (including 5 bikes, 3 named as over £1500 each) insured for under £300 and that's in what's classed a high risk area! Includes legal cover but I also pay British Cycling £40 or whatever it is to cover the third party and legal aspects

Cheaper just to take a home insurance policy to cover your belongings including the bike surely

 

[tom73]

@mudsticks if you think it’s for you dm me and I can send you a link for a discount.

 

[SkipdiverJohn]

£520 for a £1200 bike

Don't forget insurance premiums are inflated by being pooled with muppet or dishonest customers. You may be very careful with your possessions and wouldn't dream of making a false claim - but you get lumped in with a load of careless dummies who can't keep hold of their possessions for five minutes without damaging or losing them or selling something for cash then making a dodgy claim for loss by theft.,

 

[mudsticks]

@mudsticks if you think it’s for you dm me and I can send you a link for a discount.

Thats good of you thanks i will look into it - i'm allergic to such things usually - but i can see it might be worthwhile for peace of mind.

 

[Vantage]

My policy only started in Nov this year so by the time I get rid of it for home contents next year I'll have only paid out £30 or £40 but will be covered if the worst happens till then.
The bike is only worth on its own about £1000 but worth a hell of a lot more in personal terms.