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The cargo bike is worth more than average used motorbikes.
My motorbike insurance is sub £100 per year fully comp but not for business.
The cargo bike will be used for business.I had a look online with ETA Cycle Insurance
Storage Location N16
Insured Assets £4,151.00
Monthly price from £39.50
Annual price from £474.01As feared, the prices are MENTAL
Why would you need different insurance to normal bike insurance? Should be cheaper than motorbike insurance unless your cargo bike cost more than your motorbike...