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Any recommendations for good bicycle insurance?
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Most of not all the major bike insurers will give you a quote on their website, unless they changed it recently, BC use Cycleguard so just go direct
“I think that the Government are right to apply to join the European Economic Community...” -Winston Churchill 1961
“The future of Europe if Britain were to be excluded is black indeed.”[FONT="][FONT="][FONT="] - Winston Churchill 1963
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I had my (conventional) bike on a Tesco Home Insurance policy as well. But I removed it when I took out a new policy around the third year of ownership as it is not worth enough to insure it beyond that. It probably depends on how much the bike is worth. Evans Cycles will only pay out the full amount for the first three years. After that they deduct depreciation, so you have to balance that with the cost of the premiums over several years. It might be better to save the money up instead.
Another question is how the insurance amount is calculated? If I get a bike which is broken and repair/rebuild it myself would the insurance cover me? If yes, how the insurance is calculated?
Home insurance is your best bet, I don't know any banks that offer bike insurance.
Insurance firms vary but some do a like for like new bike in the event of a write off for say the first 3 years, then a reduced amount. Some will cover the full value for a longer period. You have to declare the value of the replacement you need e.g. I had my bike insured for £1850 (buy price), then upped it to about £2500 after I got new wheels and then a new groupset as that would be the cost of replacing it with a like for like spec.
“I think that the Government are right to apply to join the European Economic Community...” -Winston Churchill 1961
“The future of Europe if Britain were to be excluded is black indeed.”[FONT="][FONT="][FONT="] - Winston Churchill 1963
[/FONT][/FONT][/FONT]
My hybrid commuter bike has them despite there being no need for them at all, and it's actually a nuisance sometimes. I suppose the manufacturers build them in the same factory as racing bikes so it saves on labour and tooling if they all have the same fitting.
QR and change tube in a couple of minutes or carry spanners around with you for a bolt axle, hmm
For what it's worth you can get locking QR leavers e.g. http://www.wiggle.co.uk/kryptonite-security-wheelboltz/
“I think that the Government are right to apply to join the European Economic Community...” -Winston Churchill 1961
“The future of Europe if Britain were to be excluded is black indeed.”[FONT="][FONT="][FONT="] - Winston Churchill 1963
[/FONT][/FONT][/FONT]
I still have to carry tools anyway, like a multi-purpose Allen key. And, in any case, a commuter probably only travels a short distance that it isn't worth fixing the puncture by the roadside anyway.
Anything else?