Insurance

[bonerp]

Like any high value (nickable) item, I guess it would be sensible to insure e bikes...

I currently insure my Scott MTB through my contents policy.

Would I be better placing an e bike on a specific insurance policy? Especially if I spend around £2k on one...

Any recommendations? I've seen a few firms online advertising from £16....

 

[Ronnyuk]

My Contents insurance with the AA will give you 60 grand cover in the house and upto 1.5k for a bike nicked at home or away from home 68 per annum, if you take out separate bike cover you will get things like third party insurance but 16 quid will insure a 200 quid bike, you are looking at 80-100 a year for 2k bike.

 

[OldPedaller]

Like any high value (nickable) item, I guess it would be sensible to insure e bikes...

I currently insure my Scott MTB through my contents policy.

Would I be better placing an e bike on a specific insurance policy? Especially if I spend around £2k on one...

Any recommendations? I've seen a few firms online advertising from £16....

I got a bunch of home insurance quotes this month. Age Concern will cover bikes home, away, and even abroad for around £70. I rang and got them to confirm that this included ebike cover. Not sure if there's an upper limit on value though.
Some insurers/brokers specifically exclude electric bikes. I paid Saga an extra premium last year and then when I read the small print found that 'bikes with motors' were excluded in the small print. So you need to get confirmation that any policy doesn't have this catch.

 

[bonerp]

Ended up paying just £12 to insure my new KTM E Cross P at home and away from home for full price with accessories. Bargain.

 

[Gubbins]

Ended up paying just £12 to insure my new KTM E Cross P at home and away from home for full price with accessories. Bargain.

Hi,
May I ask where from?

 

[bonerp]

Dial direct

 

[flecc]

Link to Dial Direct

 

[Gubbins]

Finally got around to checking my home insurance (small print) but decided to ring them anyway..
They will insure an electrically assisted pedal cycle providing that it doesn't need registering to go on the road. Maximum payout is £350 unless you specify higher value and pay a bit extra..
So no worries there!

 

[JuicyBike]

Checkout the BEBA insurance at the BEBA website. New for old policies with additional benefits for BEBA manufactured bikes. You can get a quote online.

 

[Croxden]

Saga have included mine at no extra cost.

 

[David T]

INSURANCE, just bought my new bike and trying to get it added to a HH policy. Reading this forum one member used Dial Direct. Went on their site and added as a cycle and rates ate very good. Looked at the policy document and yes it's not excluded and also covers P.liability. HOWEVER quotation screen says "NOT Electric cycles" so rang to query. After a very long discussion they will not (at the moment) and have not covered electric bikes.
So just in case anyone is using them I would give them a ring.
If anyone else has new suggestions with HH please add to this thread. There are specialist insurers who gives extra cover at a much higher price and usually based on values will want it clamped to a steam roller using a ships chain.

 

[halfer]

I'm with the Co-operative, and they've confirmed a couple of times that their home contents covers e-bikes, just the same as ordinary bikes, up to the value of £1000. I now have named insurance on my current bike, new price £1800, for an extra £60 or so.

They are probably not the cheapest, but they were great when my first e-bike was stolen - they paid out the full cost without any depreciation.

 

[David T]

INSURANCE, just bought my new bike and trying to get it added to a HH policy. Reading this forum one member used Dial Direct. Went on their site and added as a cycle and rates ate very good. Looked at the policy document and yes it's not excluded and also covers P.liability. HOWEVER quotation screen says "NOT Electric cycles" so rang to query. After a very long discussion they will not (at the moment) and have not covered electric bikes.
So just in case anyone is using them I would give them a ring.
If anyone else has new suggestions with HH please add to this thread. There are specialist insurers who gives extra cover at a much higher price and usually based on values will want it clamped to a steam roller using a ships chain.

Forgot to say AGE UK would also not cover nor is it mentioned in their policy document - which is a shame as you can get £94.50 cash back (building & contents)

 

[David T]

Saga have included mine at no extra cost.

When I go online for quote with SAGA the cost is nearly £100 for value of £1950 so perhaps they give it to existing customers only.

 

[David T]

I'm with the Co-operative, and they've confirmed a couple of times that their home contents covers e-bikes, just the same as ordinary bikes, up to the value of £1000. I now have named insurance on my current bike, new price £1800, for an extra £60 or so.

They are probably not the cheapest, but they were great when my first e-bike was stolen - they paid out the full cost without any depreciation.

Just rang and they won't add if more than £1500. They even refuse if I was prepared to accept maximum payout of £1500.

 

[halfer]

Just rang and they won't add if more than £1500. They even refuse if I was prepared to accept maximum payout of £1500.

How odd. I have it in black and white, but maybe the liabilities they will take on varies with area? Or perhaps the rules have changed recently?

I can dig out the names of the different insurance product types on my paperwork, if it is helpful. They do new for old too, so if you are stuck for good insurance elsewhere, the Co-op might be worth persisting with.

 

[David T]

How odd. I have it in black and white, but maybe the liabilities they will take on varies with area? Or perhaps the rules have changed recently?

I can dig out the names of the different insurance product types on my paperwork, if it is helpful. They do new for old too, so if you are stuck for good insurance elsewhere, the Co-op might be worth persisting with.

Many thanks for all replies. Finally ended up with Churchill where it is mentioned in documents up to £500. You can increase and it was more reasonable compared with others. They also have offer of free coffee m/c via MSE website so hopefully some compensation for shopping around.