Bike Insurance

www.eta.co.uk got recommended in the guardian yesterday. i've read through all their terms and conditions and they seem pretty favourable. the cost is slightly less than that from the lcc recommendation, too. personally, i haven't had cycle insurance for a long time, preferring instead to invest my 60 quid a year in upgrading my lock situation. i wonder what others think of this strategy? should i now consider getting insurance with these people, given that i have plenty of locks?

Thank for this link. They've just sorted me out for £64 a year on an £800 bike. I think I'll still get some pitlock skewers though as this only seems to cover theft of the whole bike.