Insurance (oh no, not again)

"Zog The Undeniable" <[email hidden]> wrote in message
news:426e7cc4.0@entanet...

Quoted message said:

I shopped around for buildings and contents, and First Direct seem to
have a more enlightened view than most. You can add cover for bikes
outside the home and they only want to know the value of the most
expensive one. What - an insurance company finally accepting that you
can only ride one bike at a time?!

They still fail though - maximum value of 1500 quid isn't enough for a
decent tandem :-(

cheers,
clive

Clive George said:

They still fail though - maximum value of 1500 quid isn't enough for a
decent tandem :-(

It was enough for me (£1200 was all I needed)...a surprising number of
insurers still think bikes never cost more than £500.

Zog The Undeniable said:

I shopped around for buildings and contents, and First Direct seem to
have a more enlightened view than most. You can add cover for bikes
outside the home and they only want to know the value of the most
expensive one. What - an insurance company finally accepting that you
can only ride one bike at a time?!

The premium was pretty steep for the b&c because they insist on a
minimum rebuilding cost which is about 70% too high, but the bike part
was only about six quid a month. Worked out cheaper overall.

We got a very good home policy with GRE through the ads at the back of
the CTC mag. List the bikes and values, choose a maximum value of bikes
out of the house at any one time. Insurance covers all the bikes in the
house and bikes up to the chosen value out of the house including
reasonable overseas use. All for a tiny fraction of the CTC quote.

--
Tony

"A facility for quotation covers the absence of original thought" Lord
Peter Wimsey (Dorothy L. Sayers)

Zog The Undeniable said:

I shopped around for buildings and contents, and First Direct seem to
have a more enlightened view than most. You can add cover for bikes
outside the home and they only want to know the value of the most
expensive one. What - an insurance company finally accepting that you
can only ride one bike at a time?!

We're with them for B&C at the mo, but they would only go up to £1500
for bikes, and our tourers are each worth about 1.8K. So no joy there.
Currently exploring options as we'll renew next month, BoS/Halifax
look okay at the mo with the expensive bikes on as names items. They're
currently on CTC Cyclecover, which costs the same as the entire rest of
B&C for the 2 'bents, 8 Freight and Brom. Not impressed, frankly, and
only took it out as time ran out :-(

For lower value bikes DL looks okay, and so does BoS/Halifax.

Pete.
--
Peter Clinch Medical Physics IT Officer
Tel 44 1382 660111 ext. 33637 Univ. of Dundee, Ninewells Hospital
Fax 44 1382 640177 Dundee DD1 9SY Scotland UK
net [email hidden] http://www.dundee.ac.uk/~pjclinch/

Zog The Undeniable said:

I shopped around for buildings and contents, and First Direct seem to

Quoted message said:

have a more enlightened view than most. You can add cover for bikes
outside the home and they only want to know the value of the most
expensive one. What - an insurance company finally accepting that

you

Quoted message said:

can only ride one bike at a time?!

The premium was pretty steep for the b&c because they insist on a
minimum rebuilding cost which is about 70% too high, but the bike

part

Quoted message said:

was only about six quid a month. Worked out cheaper overall.

I never knew that. I'm a FD customer, currently without insurance of
any kind. If somebody breaks in they can have the Mac.

Sam
---

Zog The Undeniable said:

I shopped around for buildings and contents, and First Direct seem to

Quoted message said:

have a more enlightened view than most. You can add cover for bikes
outside the home and they only want to know the value of the most
expensive one. What - an insurance company finally accepting that

you

Quoted message said:

can only ride one bike at a time?!

The premium was pretty steep for the b&c because they insist on a
minimum rebuilding cost which is about 70% too high, but the bike

part

Quoted message said:

was only about six quid a month. Worked out cheaper overall.

If you can bear to go with the AA, they treat bikes as personal
possesions, so no weird restrictions. I got the Speedmachine (£2000)
plus the other five bikes covered for no extra cost.

PhilO

Clive George said:

"Zog The Undeniable" <[email hidden]> wrote in message
news:426e7cc4.0@entanet...

Quoted message said:

I shopped around for buildings and contents, and First Direct seem to
have a more enlightened view than most. You can add cover for bikes
outside the home and they only want to know the value of the most
expensive one. What - an insurance company finally accepting that you
can only ride one bike at a time?!

They still fail though - maximum value of 1500 quid isn't enough for a
decent tandem :-(

CIS home policies allow you to add on bikes as separate items to insure, up
to an individual value of 2500. I've added three bikes to my policy (1500,
2500 & 2500) and it cost an additional 74 quid for the year.

I then failed to renew the CTC insurance to cover the more expensive bike
very promptly (6 weeks overdue), and when I phoned yesterday they said
"Because you've taken so long this counts as a new policy not a renewal, so
you lose all your no claims discount". I didn't even know I was getting a
noclaims discount, let alone I was risking losing it! This took it from 424
for insuring 3 bikes with a cumulative worth of 6000 to 450 quid to insure
one for 4500! They were expensive to begin with, but that was ridiculous.

So I'm back to shopping around for that one. And about to find out how good
the CIS claims service is with my nicked Marin. With everything I've added
on I've realised it was worth nearer 2000 than 1500, but at least that much
will give me a start.

Claire

--
Still prettiest by far.