If you have a valuable bike (over£1000) there's a vicious catch-22 relating to bike locks and insurance.
In order to get insurance cover you have to undertake to use a Sold Secure Gold rated lock, most of which weigh in at 2 kilos+ which is totally impractical on a tour or even a long day ride.
So is it worth insuring at all? Would a better option be to take great care, always lock with at least one strong lock, and to stay with the bike as much as possible and save money on the insurance and the lock.
What experiences have people had of dealing with claims?
If you have a valuable bike (over£1000) there's a vicious catch-22 relating to bike locks and insurance.
In order to get insurance cover you have to undertake to use a Sold Secure Gold rated lock, most of which weigh in at 2 kilos+ which is totally impractical on a tour or even a long day ride.
So is it worth insuring at all? Would a better option be to take great care, always lock with at least one strong lock, and to stay with the bike as much as possible and save money on the insurance and the lock.
What experiences have people had of dealing with claims?
__o _`\(,_ (_)/ (_)
??? I don't think my insurance policy says anything about this. Who's telling you this?
-- Michael MacClancy Random putdown - "I've had a perfectly wonderful evening. But this wasn't it." -Groucho Marx www.macclancy.demon.co.uk www.macclancy.co.uk
If you have a valuable bike (over=A31000) there's a vicious catch-22 relating to bike locks and insurance. =20 In order to get insurance cover you have to undertake to use a Sold Secure Gold rated lock, most of which weigh in at 2 kilos+ which is totally impractical on a tour or even a long day ride.
I don't recall any such caveats in my insurance (Nationwide House=20 Contents with specific cover for a bike worth over =A31500) but that's no= t=20 to say it isn't in the small print. But it isn't in the reasonably=20 obvious print AFAICT.
Aside from this, why is 2 Kgs "totally impractical"? Same as a couple=20 of water bottles, a jacket and a spare pullover...
Pete. --=20 Peter Clinch University of Dundee Tel 44 1382 660111 ext. 33637 Medical Physics, Ninewells Hospital Fax 44 1382 640177 Dundee DD1 9SY Scotland UK net [email hidden] dundee.ac.uk~pjclinchOpen ↗
If you have a valuable bike (over£1000) there's a vicious catch-22 relating to bike locks and insurance.
In order to get insurance cover you have to undertake to use a Sold Secure Gold rated lock, most of which weigh in at 2 kilos+ which is totally impractical on a tour or even a long day ride.
So is it worth insuring at all? Would a better option be to take great care, always lock with at least one strong lock, and to stay with the bike as much as possible and save money on the insurance and the lock.
What experiences have people had of dealing with claims?
__o _`\(,_ (_)/ (_)
My home contents insurance cover my bike and have no such clause. A jolly good option whether or not you have insurance is to take great care and to stay with the bike as much as possible. Even with insurance you do not want to be left with only the clothes you stand up in if your bike gets stolen whilst you are in a shop during a tour.
2kg is not impractical, if thats what you need to make your bike safe.
So is it worth insuring at all? Would a better option be to take great care, always lock with at least one strong lock, and to stay with the bike as much as possible and save money on the insurance and the lock.
For many people that have insurance its probably not worth it at all, 'cos they haven't properly read the small print so when the bike gets nicked they won't be able to claim (wrong lock, locked to the wrong thing, left outside, not in a locked building...)
In message <[email hidden]>, Peter Clinch <[email hidden]> writes
Quoted message said:
Julian said:
If you have a valuable bike (over£1000) there's a vicious catch-22 relating to bike locks and insurance. In order to get insurance cover you have to undertake to use a Sold Secure Gold rated lock, most of which weigh in at 2 kilos+ which is totally impractical on a tour or even a long day ride.
I don't recall any such caveats in my insurance (Nationwide House Contents with specific cover for a bike worth over £1500) but that's not to say it isn't in the small print. But it isn't in the reasonably obvious print AFAICT.
I think you're right, I've got mine covered under the Nationwide house contents policy and I don't remember any such stipulation. Just the usual one nowadays about being locked to an immovable object. -- Chris French, Leeds
So is it worth insuring at all? Would a better option be to take great care, always lock with at least one strong lock, and to stay with the bike as much as possible and save money on the insurance and the lock.
For many people that have insurance its probably not worth it at all, 'cos they haven't properly read the small print so when the bike gets nicked they won't be able to claim (wrong lock, locked to the wrong thing, left outside, not in a locked building...)
and quite a few policies seem to limit the value of said replacement bike, too. They'll replace it with a vaguely similar but not neccessarily same - many seem to only cater to something of the region of about 250-300 quid (ie, halfords-type).
