Does anyone insure their steeds?

the specialist insurance (cyclegaurd?) is a waste of time £100 per £1000 and you need to use an approved lock.
M&S home contents insurance covers items (including bikes) up to 2k outside the home, they didn't want to know what lock i was using. i think compared to other contents insurance providers they are not the cheapest but then the others will charge extra for the bikes and often have a limit of £500-1k for £400 we have two persons personal effects covered (20k limit each?) including a couple of guitars worth 1k+ and 5 bikes costing between £500-£1800 all covered outside the home. computers and laptops covered even if they are used for business.

It's what I've used for years but I think you need to check your policy Mr Smyth, as far as I know it's £4k not 2...