JohnP Posted May 12, 2014 Share Posted May 12, 2014 Have just purchased an electric bike. How and who with do you insure yours? An idea of annual cost would be appreciated. Link to comment Share on other sites More sharing options...
Guest JudgeMental Posted May 12, 2014 Share Posted May 12, 2014 Stand alone bike insurance expensive. Household insurance a better bet....don't say it's an electric bike but a peddle assist......policy will probably only be valid when bike locked to an immovable object, so security when travelling important. I changed to L&V last year as last company would not insure over £1500, they seem pretty good to be honest and far more competitive then most...... Link to comment Share on other sites More sharing options...
gocro Posted May 12, 2014 Share Posted May 12, 2014 Stand alone bicycle insurance is shockingly high. I waited so that I was able to include mine as separate items when it came to home insurance time.For an extra £15 they are insured at home or away for £500 each, which is what I paid second hand. I also have a Krypton lock which includes theft insurance provided that it is used. Stand alone bicycle insurance is shockingly high. Link to comment Share on other sites More sharing options...
Robinhood Posted May 12, 2014 Share Posted May 12, 2014 As already mentioned, as additions on the house contents insurance. From memory (without going and getting the papers out), 2x£2000 for something under £75 p.a. HTH Link to comment Share on other sites More sharing options...
Mel B Posted May 12, 2014 Share Posted May 12, 2014 gocro - 2014-05-12 9:17 AM Stand alone bicycle insurance is shockingly high. I waited so that I was able to include mine as separate items when it came to home insurance time.For an extra £15 they are insured at home or away for £500 each, which is what I paid second hand. I also have a Krypton lock which includes theft insurance provided that it is used. Stand alone bicycle insurance is shockingly high. I wouldn't put much faith in the 'insurance' that comes with the lock, there are lots of threads on the net about it and them probably not paying out as they required you to send them 'broken' lock to them. If a thief takes it or throws it away somewhere you'll be lucky to get anything at all! Basically it is a good 'implied' selling point but that's about all, just one example below: http://www.bikeforums.net/commuting/539424-kryptonite-u-lock-guarantee-real.html Link to comment Share on other sites More sharing options...
fesspark Posted May 12, 2014 Share Posted May 12, 2014 I wasn,t covered under my m,home insurance and my house and contents ins wanted far too much, In the end Barclays offered a cash back on house insurance and I went with them as our 2 e bikes were covered here and in Spain for free, hope this helps R Parker fess. Link to comment Share on other sites More sharing options...
JohnP Posted May 13, 2014 Author Share Posted May 13, 2014 Result. Included in house/contents/personal possessions for £13.50. Home and world cover for 60 days. Must be locked to an immovable object when not being ridden. Link to comment Share on other sites More sharing options...
Guest JudgeMental Posted May 13, 2014 Share Posted May 13, 2014 Nice one John.... name of insurer maybe helpful to others..... Link to comment Share on other sites More sharing options...
tonyishuk Posted May 13, 2014 Share Posted May 13, 2014 Our bikes are on the house insurance. A lot of bikes nowadays are over £1000 so Insurance companies seem to be waking up to the fact. However be aware that some insurance companies view electric bikes as a "vehicle" because it is powered and either do not insure nor offer public liability insurance. There was a thread some while back on this subject, so a search might pull up information. Rgds Should have added that joining the CTC maybe worthwhile as they offer quite a few member services, and if you are a bikie, its good to know current political thinking. http://www.ctc.org.uk/membership Rgds Link to comment Share on other sites More sharing options...
Guest JudgeMental Posted May 13, 2014 Share Posted May 13, 2014 that's why you should tell insurers they are peddle assist bikes not electric bikes;-) Link to comment Share on other sites More sharing options...
JohnP Posted May 13, 2014 Author Share Posted May 13, 2014 Insured through John Lewis . They did ask what the max speed was and put restrictions on security and storage, even in my garage. Excess the same as with other contents/possessions . Link to comment Share on other sites More sharing options...
JohnP Posted May 13, 2014 Author Share Posted May 13, 2014 I think Barclays do similar cover. Link to comment Share on other sites More sharing options...
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