Insurance?

[AlecG]

Hi,

Do I need a seperate policy to insure my mountain bike? I've just moved from London, and am paranoid!

[Rico]

Check home policy.

[arryb]

Home policies will usually insure bikes within the house but not whilst out so if it's out and about a lot and left wihout you there then it's probably worth getting. I don't bother because all my cycling is done for leisure use and therefore I don't leave it alone when I'm out with it, and the rest of the time, it's tucked up in it's bag in my flat!

HTH

[prand]

House insurance usually does insure a bike when it's locked up but out of the house. Just check the terms and conditions of your policy, you may have to pay an extra £15 a year or so and make sure you keep your receipt!

[medicineman]

Also depends on how mcu hyour bike is worth, usually over 1-1.5k needs declaring separately on the policy.

[Saddle bum]

CTC give third party as part of the subs.

House insurance is good for fully comp, but needs checking. An stand alone, all-embracing total package is expensive.

You need to ensure a "New for Old" (or "Like for Like") clause is in place. Many insurance companies devalue a bike over three years old. Make sure clothing and accessories are covered, including shoes.

10pc premiums on value of items insured are not uncommon.

[pdV6]

M&S home insurance covers anything (bikes included) up to £4000 per item.

[Sloe]

M&S seconded.

We have £6k of bikes covered with no extra premiums, cover is away from home and new for old as well.

[OilyRagMan]

i have 5k of bikes cover with the AA there covered hom a and abroad and they are also covered for accidental damage. They seem very good at paying out my mate cracked his frame while riding and the replaced it for him!!