Insurance

[Tony P]

Has anyone any ideas on insuring an Ezee Forte please? My Home Policy would cover theft from the home for an aditional premium and would add away from home for a regular bike but they will not accept "asssisted" vehicles. Any tips on 'preventive security would also be very welcome! Thanks

 

[Ian]

Hi Tony,

Cycleguard, see ads on right, offer e-bike insurance at a price, but the cost of one years premium will buy a formidable arsenal of locks.

I use a heavy duty motorcycle chain lock that came with my Torq and also a Kryptonite U lock in higher risk situations. The bike is also fitted with an alarm like this one.

In addition to the above I often use a thin cheap cable lock that will pass though the slots in my hemet and secure that as well.

 

[Tony P]

Hi Tony,

Cycleguard, see ads on right, offer e-bike insurance at a price, but the cost of one years premium will buy a formidable arsenal of locks.

I use a heavy duty motorcycle chain lock that came with my Torq and also a Kryptonite U lock in higher risk situations. The bike is also fitted with an alarm like this one.

In addition to the above I often use a thin cheap cable lock that will pass though the slots in my hemet and secure that as well.

Thanks. The CG quote did seem pretty steep to me compared to say car insurance, which covers a lot more than theft. It's opportunistic theft that worries me most - outside shops etc - as most of my journeys end up in a relatively secure environment . Therefore, the alarm idea sounds good to me and will also research your U Lock suggestion as chaining up takes me an age for short stops and I can never figure where best to pass the chain!

 

[Haku]

Is there a simple reason why most insurance companies don't want to touch ebikes with a barge pole? especially when decent non-assisted bikes can easily cost more.

 

[Ian]

I guess there are insufficient statistics presently available from this rapidly changing market to enable insurance companies to assess the risk.

In fairness to cycleguard their e-bike quote was only £3 more pa than a conventional cycle of the same £1200 value so it would appear they don't see e-bikes as presenting a significantly higher theft risk.

 

[blanny]

hi
fifty cycles sell a u lock that if your cycle is stolen when using it, the bike is insured upto the value of 1000.
anybdy got any further info or read the small print.
i think the lock costs 30/40 pound.

 

[Ian]

hi
fifty cycles sell a u lock that if your cycle is stolen when using it, the bike is insured upto the value of 1000.
anybdy got any further info or read the small print.
i think the lock costs 30/40 pound.

Many Kryptonite products have a similar "insurance", however it is necessary to return the broken lock and prove that the theft occurred as a result of the lock being unable to withstand reasonable force. If a thief cut the lock with an angle grinder or acetylene torch I think that would be unlikely to be deemed reasonable force.

There"s lots of other get-out clauses as well.

PS.

Esure is one home insurance company which covers electrically assisted pedal cycles.

 

[pgbw]

I am insured through ETA (http://www.eta.co.uk/), but I've not had to makae a claim (or use their recovery service).