Pedelec Insurance Options Please
- Thread starter SteveRuss
- Start date
Yes I'm afraid there isn't a way to revive the warranty given it's a gratuitous promise, and so it's much less likely for a fairness assessment of the exclusion clause to succeed -alternatively it's part of the core subject matter of the contract and not assessable for fairness. Your recourse is in contract under SOGA in conjunction with s 75 CCA.
I just tried to insure my machine with my car insurance company, Adrian Flux,I did search for this topic but I couldn't find a direct thread for it. Sorry if it already exists!
It appears a £2000 Pedelec demands approximately £17 a month to insure against theft. Ugg. That's not a million miles off my car insurance costs
Am I missing something here or is it just blinking expensive?
Has anyone linked theirs to their house contents insurance?
Thanks.. Steve
they will not insure a bike over 200W unless registered with DVLA!. Now trying home insurance Clik 4 Quote.
Sounds like they need to be appraised of the recent change in legislation. I had this with my home insurers who after reviewing were happy to insure my ebike conversion.
The specific amendment is here:
http://www.legislation.gov.uk/uksi/2015/24/pdfs/uksi_20150024_en.pdf
Michael
Apologies , yes , these reasons are why I should take ( and subsequently did) a policy . I really should reread before hitting submit !
Why is ebike insurance cover so expensive? I am thinking of returning to motorcycling so looked at fully comprehensive insurance on a new 750 motoguzzi and the lowest quote I had was £110 or £140 with legal cover, personal injury, protected no claim and RAC breakdown. A bargain compared to an electric bike.
Yes Same here , Paid £155 for my £2000 e-bike , my fully comprehensive insurance for my 171cc Scooter is ... £80.
Regardless of the fact that some house insurers will insure your e-bike , the full dedicated e-bike insurance is too much.
I took it out anyway but will seriously consider adding it to my house insurance next year. When the time comes to renew the house insurance , I will find out which company offers it.
17 € a year for 1500 € declared value, MACIF France. "Equipement de loisir partout en Europe", 80 € franchise on theft.
It is under my house insurance and is an option:
Leisure and sporting material in any place and bicycle is a sub option (a pedelec being a bicycle, the lady checked) with value up to 30,490€ which should cover most models... Covered are fire, theft or accident etc. with franchises more or less depending on how much you decide to pay as a premium. I went for 1,500€ and maximum franchises which gave me an annual premium of 17€ for this option.
For the record I pay 16.71€ a month mandatory house insurance (all options included) and have been insured by the MACIF since 1977.
Leisure and sporting material in any place and bicycle is a sub option (a pedelec being a bicycle, the lady checked) with value up to 30,490€ which should cover most models... Covered are fire, theft or accident etc. with franchises more or less depending on how much you decide to pay as a premium. I went for 1,500€ and maximum franchises which gave me an annual premium of 17€ for this option.
For the record I pay 16.71€ a month mandatory house insurance (all options included) and have been insured by the MACIF since 1977.
Here in the UK, it's possible to insure just about anything......at a price. Strangely perhaps, the bean counters seem to have a dislike for EAPCs, comprehensive cover simply proving unavailable with some companies and the limited provisions offered by others proving to be rather expensive.
It isn't really strange of course as risk-assessing actuaries like easily quantifiable risks and the standards by which they might judge EAPCs are somewhat difficult to pin down. The idea of a powered machine which does not fit into any of the normal vehicle classes yet isn't strictly a bicycle as they know one is alien to them.
In their information-gathering process in order to quantify risk, any actuary or researcher might read up on EAPCs in this or similar forums. Given the abuse of legislation they are likely to uncover, it's not difficult to see why they are not disposed to advise insurance panels favourably. We know that everyone who has car insurance must declare any modifications and in some cases, insurance may be declined. In the case of an EAPC, it's probably simple enough to quantify the risk when the power automatically disappears at 25kph but when modifications make double that powered speed possible and the machines may be ridden by 14 year-olds or flaky OAPs without any kind of licence or crash helmet or identifying registration marks, one can perhaps begin to understand the reluctance.
Clearly, there must be something in the psyche of the risk assessors which causes them to baulk at the idea of insuring such disparate machines yet finding lightweight road bikes perfectly acceptable. Given the difficulty that so many have found in attempting to insure an EAPC, I question the worth of those policies people have and seem happy to rely on in any circumstance. When third-party claims can run into millions of pounds, I just have the feeling that insurers would seek out every possible way to refuse a claim.
I am not reassured by any statements along the lines of, 'Well, my home insurance covers me for everything, free.' Insurance is all about specifics and declared facts and when disputes occur, the best legal brains debate the issues.
So, if it costs me more to insure similar risks on an EAPC as I would enjoy on a 1000cc motorcycle, then I'll take the chance of riding uninsured as there is no legal requirement (yet) for me to have any.
Tom
It isn't really strange of course as risk-assessing actuaries like easily quantifiable risks and the standards by which they might judge EAPCs are somewhat difficult to pin down. The idea of a powered machine which does not fit into any of the normal vehicle classes yet isn't strictly a bicycle as they know one is alien to them.
In their information-gathering process in order to quantify risk, any actuary or researcher might read up on EAPCs in this or similar forums. Given the abuse of legislation they are likely to uncover, it's not difficult to see why they are not disposed to advise insurance panels favourably. We know that everyone who has car insurance must declare any modifications and in some cases, insurance may be declined. In the case of an EAPC, it's probably simple enough to quantify the risk when the power automatically disappears at 25kph but when modifications make double that powered speed possible and the machines may be ridden by 14 year-olds or flaky OAPs without any kind of licence or crash helmet or identifying registration marks, one can perhaps begin to understand the reluctance.
Clearly, there must be something in the psyche of the risk assessors which causes them to baulk at the idea of insuring such disparate machines yet finding lightweight road bikes perfectly acceptable. Given the difficulty that so many have found in attempting to insure an EAPC, I question the worth of those policies people have and seem happy to rely on in any circumstance. When third-party claims can run into millions of pounds, I just have the feeling that insurers would seek out every possible way to refuse a claim.
I am not reassured by any statements along the lines of, 'Well, my home insurance covers me for everything, free.' Insurance is all about specifics and declared facts and when disputes occur, the best legal brains debate the issues.
So, if it costs me more to insure similar risks on an EAPC as I would enjoy on a 1000cc motorcycle, then I'll take the chance of riding uninsured as there is no legal requirement (yet) for me to have any.
Tom
Sorry Jonathan
https://www.macif.fr/web/site/offres/contrat_habitation_1 only in French from what I see.
Yes I am "on the continent" and as it is a mutuality I am not sure that they insure clients outside of France, even though new EU regulations allow it.
This option is not the same as having your bike insured just by the house insurance. In her on screen instructions the lady had specific information explaining the difference between a 250 W, 25 kph pedelec and an e-bike which would be covered by moped insurance. My pedelec is covered as a pedelec and not just a plain vanilla bicycle.
https://www.macif.fr/web/site/offres/contrat_habitation_1 only in French from what I see.
Yes I am "on the continent" and as it is a mutuality I am not sure that they insure clients outside of France, even though new EU regulations allow it.
This option is not the same as having your bike insured just by the house insurance. In her on screen instructions the lady had specific information explaining the difference between a 250 W, 25 kph pedelec and an e-bike which would be covered by moped insurance. My pedelec is covered as a pedelec and not just a plain vanilla bicycle.
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