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Oh dear- multiply that by 2 bikes and it may be better to self insure?!!!!!!!!!!!!!!!!!!!!!!!

My wife and I each have a Marin cycle with an Alien bikes electric conversion on them. The bikes cost about £300 each 4 years ago and the motors about £500 each. I am just about to renew my household insurance and find that most insurance seems to limit value of each well below their value...