Open Discussion Group

Insurance (4 posts)

  • Profile picture of Julian FV Vincent Julian FV Vincent said 1 year, 5 months ago:

    Does the MBC have any suggestions for suitable insurer (comp, 3rd party, etc), or perhaps an arrangement with one?

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  • Profile picture of Keith Hales Keith Hales said 1 year, 5 months ago:

    Any bike insurance will cost at least 10% of the value of the bike per annum. You’re better off putting that amount aside each year towards a replacement!

    On the other hand you can add it to your household insurance under “all risks” so it’s covered outside the home. John Lewis and M&S house insurance cover bikes up to £4k or £5k without extra charge. I pay a moderate extra premium to cover my DP.

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  • Profile picture of Alexander Johnston Alexander Johnston said 1 year, 5 months ago:

    I’ve checked with my insurer and my bikes are covered under my normal household insurance.
    The only stipulation is that they have to be locked to a “secure structure” when I park them.
    However I did tell them that I mainly used them on day rides in the countryside and normally parked them at a pub or tea-room where I could see them.
    Alex

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  • Profile picture of Clive Blackman Clive Blackman said 1 year, 5 months ago:

    I raised this question on the Yahoo forum about a year ago and, despite several suggestions, I came to the same conclusion as Keith Hales above. I think the best thing is either to keep the bike with you or under an extremely sturdy lock and always within range of sight!

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