Bike Insurance

I know this is already in the main forum but I wanted some local advice.

Just looking for a bit of information on insuring my bike and wondering if anyone has an insurance policy in place soley for their bike. Im aware it can be covered in a contents policy as items temporarily removed from home. But im currently working for the AA and know it's not always as simple as calling up and saying "Oh my bikes been nicked, can you help?", Larger insurance companies are pretty ridiculous and I know they do anything they can to not pay out.

Would anyone reccommend a company that will solely insure a bike, give rough idea of prices, and any stories of personal experience would be appreciated.

Cheers.

My personal advice Mark,

Don't bother. If you have a nice bike for 20 years and pay considerable amount each year on insurance, who makes more money, the insurance company or the bike thief? As you have already mentioned, they will do anything not to pay out but gladly take your money...

Complete waste of money in my opinion. Fraud!

All the best. c_c

Bike only insurance isn't as good as home and contents.
IIRC generally the monthly payments add up to 10 per cent of the value of the insured item per annum.
You also have to read all of the terms cause some things aren't covered - e.g. locking in sheds, locking for long times at train stations etc. All sensible stuff though.
Still worth it IMO.

Yeah i wouldnt bother. Its more hassle to prize it out of their tight fists than it is to save up and buy another one. Just look after it.

Fair one lads. Might just buy some expensive locks and hope for the best.

get bobs iBike to guard it

I've just had a really good experience with M+S home insurance..... my beautiful custom build was stolen a few weeks ago ( https://www.lfgss.com/post2088871-5953.html ) - the police gave up on me after a couple of days, no sign of the bike or components on ebay, gumtree, brick lane etc... I put the claim in to M+S, they passed it on to Wheelies Direct who soon realised they couldn't deal with a custom, passed it back to M+S who just asked me to get a replacement cost for the build - they made one call to Condor to check the cost and have transferred the money into my account (just less the £100 excess). Good service - I can highly recommend M+S - cycles are covered as part of the normal cover, no special policy.....

So now getting a shiney new build.....I'd still rather have my bike back though........