Chuchill and Bike Insurance Moan

SpeedFreak · 3 Oct 2006 at 18:12

I tried to add my newly built mountain bike to the house insurance today. I told them the make and other details and wanted it insured for £1600. They're policy only allows products up to a value of £1500 so that was no problem. I was then asked if I had built it myself or if was bought complete. I told them I built it myself and they then told me I could't insure it.
Apparently due to "complications with the parts" they could not do it. They described my bike as a kit car. I explained that all bikes are bought as kit and assembled with diffenerent parts from different manufacturers but no joy. I am a bit miffed to be honest.

Do Churchill do the same if you build your own computer?

Raymond Lin · 3 Oct 2006 at 18:28

https://www.pavilioninsurance.com/payment/products/quote.asp?product=Cycle&promCode=

You can insure your bike here, it does ask for the code on the frame and the make of the bike but that's it. I insure mine for £1400 and it's just under £10 a month.

Seraphim · 3 Oct 2006 at 21:41

Hmmm, I've been looking at getting my bike insured and that looks like just the ticket, thanks Raymond. Loads of other places want ridiculous money for insuring my precious

I blame all the insurance fraud that goes on with bikes - seems it's rampant.

Raymond Lin · 3 Oct 2006 at 21:49

Seraphim said:
Hmmm, I've been looking at getting my bike insured and that looks like just the ticket, thanks Raymond. Loads of other places want ridiculous money for insuring my precious

I blame all the insurance fraud that goes on with bikes - seems it's rampant.

They do want you to use an approved lock from a list, reasonable I think otherwise people would be locking up their bikes with rubberbands and claiming insurance when it get stolen.

SpeedFreak · 3 Oct 2006 at 22:03

Are there any home insurers that also have a decent bike cover policy included? Its just that I have already had my old bike insured with cycleguard, and that was fine, but it'd be easier if it was included with my home cover.

Jonny ///M · 3 Oct 2006 at 22:58

Hmmm i would look into getting a new bike insured but the two bikes at this house are sat in the shed..with no lock on it

When i get my new build thought up and built it will be chained to me!

SoliD · 3 Oct 2006 at 23:39

Raymond Lin said:
https://www.pavilioninsurance.com/payment/products/quote.asp?product=Cycle&promCode=

You can insure your bike here, it does ask for the code on the frame and the make of the bike but that's it. I insure mine for £1400 and it's just under £10 a month.

jesus tenner a month, sod that, another 120quid a year. up your house insurance policy, surely it cant cost another 120quid just to get enough cover on your bike. mines insured for 800 i think, no problems there. but havent had trouble insuring bikes in the past that were in excess of 1k about 10years ago.

Raymond Lin · 3 Oct 2006 at 23:51

For the price of a few pints a month to cover fully a £1400 bike is worth it to me.