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When my bike was stolen, they (bikmo) wanted pictures to show where I was locked and pictures of the lock/key to show it was a gold sold secure lock, so they would pay out the total amount.
They also asked for a quote from my local bike shop to show how much a like for like replacement would cost, before they would settle, and we’re going to send a voucher to them so I could get a replacement bike sorted through them, but I opted to get the cash amount (minus excess) sent to me so I could buy the bits myself..
cornelius_blackfoot
ltc
I've just taken out contents cover with Admiral and listed my 2 bikes at £2k each, was going to ask if anyone had any experience in actually claiming with that sort of policy? Apparently the bike's are covered as long as they're either behind a locked door or locked to something secure (I think they list a railing or a bike stand as examples) with a sold secure gold lock. Both my bikes are made up of mostly second hand parts and didn't cost me anywhere near the £2k they're insured for but the policy needed the value of a new replacement. In the case that one of the bikes does get stolen whilst it's locked up, is it up to me to prove that it was locked with a sold secure gold lock to a secure object?
Also, for what it's worth, due to having car insurance through Admiral already and receiving a decent discount as a result, the cost of the contents insurance worked out at about £40 until the beginning of March when the car insurance expires.