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@jono84
Just added the bikes to my JL home and contents insurance with their pedal cover policy. Some of the details may be useful to others or indeed if there's something i'm missing it would be good to know.
Firstly the bikes are kept in the garage which is attached to the house, they were NOT covered under general contents even though essentially in the house. Under the pedal cover policy details they are now covered in the garage but they still have to be locked to an immovable object. This is fine for me as i have the bikes locked to wall anchors but something to bare in mind.
We never really lock the bikes outside but if we do they are covered if locked to an immovable object, obviously all pending details (due care etc).
We have 60 days worldwide cover which we needed for our Japan trip. If they get damaged in transit the air company should be liable but pedal cover could be used if there's issues.
If we take the bikes camping they would not be covered if locked in the car in bike bags. They would need to be locked to an immovable object outside. This is a problem as it puts them at much higher risk of being noticed/stolen than if i kept them out of sight in the car.
There is a 10k total max with a 5k individual bike max limit. My girlfriends Condor should be straight forward as although it's a custom build we should have all receipts. Same for MTB. No idea how i'm going to prove value of CAAD and Lee Cooper as they are personal builds, will take lots of pics and dig through receipts to see what i can match up.
I had planned to build to low value lock-up bikes, insuring them may be counter intuitive as essentially they'd be near impossible to value unless they are OTP models that can easily be replaced. There's a £100 excess and my premium would go up so just not worth it to claim for a bike that costs me £1-200 to build.
it was £100 for 4 bikes for the year (total value 6.5k). What i think this gets me is:
Cover if they were nicked from the garage (unlikely but could happen...).
Cover if they were nicked from outside (unlikely we would do that but if we had to...).
Cover from theft/damage when travelling.
I'm pretty sure i'll build 2 beaters and they won't be insured. The cover is essentially just for the peace of mind for the very few risks that we might take with the nice bikes.
Am i doing this all wrong?!