Bicycle insurance question

Zion

Just got a new bike for everyday use. Problem is it'll be parking in town quite a lot and I just wondering where can I get it insure?

Victor

You should be able to put it on your house insurance, but there will be restrictions on it.

I imagine it is near impossible to get bike insurance on it's own.

Zion

That's what bothering me because I'm only renting a house. So is there no way I can get it insured so?

seamus

Originally posted by Zion
That's what bothering me because I'm only renting a house. So is there no way I can get it insured so?

You may be able to get it covered under your renter's insurance. But that'll only cover it while in the house.

I remember MBUK doing a survey on insuring a bike in Britain a few years ago, and prices varied hugely between places, and stipulated quite a few things. Some companies wouldn't pay out unless you could bring them your lock broken. So if they took your lock with the bike, tough. In Ireland I'd say it would be either far more restrictive or non-existent. Remember the only things insurers will touch in Ireland (half because they have to, half because they reap great profit), is car insurance, home insurance and public liability insurance. It's tough enough to get compulsory insurance for motorbikes, never mind voluntary insurance for bicycles.

TBH, if you're in any way a serious biker, and love your bike that much, buy a piece of crap bike for €150 and use that to ferry in and out of work. If it gets stolen once a year, it'd probably still be cheaper than insuring your good bike.

djpm

I remember a mate of mine getting bike insurance for about a fiver, but that was 15 years ago and the bike only cost £50.

I'm after spending a good few quid on a racing bike so I'm wondering about insurance for that, for theft and for damage or injury to myself or others in a crash...

stuf

There's an insurance note on the Wiki FAQ - I checked last night and you can get insurance for a rented property at www.123.ie - all-risks external insurance for unspecified items including bikes <€2000 can be had as part of the policy. More expensive bikes you have to specify in detail.

omri

I was interested in getting one as recently someone (suppose some bad person) tried to steal my bike, managed to take out the wheels in order to getting frame alone but it was all chained together. So the main problem is if you are a renter (as I am) you won't be able to get insurance. Unless you'll have good relation with your landlord he could get your bike insured but then again bikes are being stolen alot so he might not be willing to insure it because he could lose his claim free discounts. Anyway it's pain in the a$%.

blorg

Homeowner's insurance generally covers bikes stolen outside the home, as long as they are listed on the policy; mine did anyway. Paid out in full when a crash wrote off the bike. Not sure if you can get renter's insurance with similar terms but I wouldn't see why not.

preilly79

I'm a renter, have renters insurance with 123.ie and my bikes are covered for all risks. now matter where they are in the country, they will be covered.

drogdub

can you get insurance if you get hurt

tunney

Both Cycling ireland and Triathlon Ireland have deals set up to get bikes insured. Coverage can be upto around 7.5k and is cheap too.

(Probably not worthwhile if its just a run around)

blorg

As far as I am aware the CI/TI insurance is excellent for racing (it covers crash damage, etc.) but very limited when it comes to a bike being stolen- it would have to be inside your house or inside a locked vehicle AFAIK (locked to a rack would not count.) Contents insurance will tend to cover the bike if stolen away from the home.

johnlambe

There's an insurance scheme at: http://www.biketowork.ie/site/insurance/

I got a quote for €52 for a €360 bike (without personal accident cover). (It requires a lock with a Sold Secure rating).
On my house insurance, the quote was €20, with a €250 excess.

I was looking for one without accidental damage cover (i.e. cover for theft only), but didn't find one.

Ryaner

The latest newsletter from Cycling Ireland said that the insurance is back on their website however nothing is showing up yet.

Aquos76

There are a new crowd set up in the last week offering bike insurance, picked up their leaflet on one of the bikeweek spins in Waterford, I think this is their site

www.cyclesure.ie

Dr_Colossus

preilly79 wrote: »

I'm a renter, have renters insurance with 123.ie and my bikes are covered for all risks. now matter where they are in the country, they will be covered.

Hi preilly, how much is that costing you if you don't mind disclosing? Remember looking briefly at it before and thought it was very expensive.

short circuit

www.cyclesure.ie

Met them in the park yesterday where they were distributing flyers and bike make smoothies ...

Seems they are open for business.

AstraMonti

100 quid for the two bikes.. doesn't sound like a bad deal. Haven't read the small letters yet though.

Aquos76

AstraMonti wrote: »

100 quid for the two bikes.. doesn't sound like a bad deal. Haven't read the small letters yet though.

Who's that price from, is it cyclesure or 123.ie?

AstraMonti

It's an online quote from cyclesure.

CramCycle

I got quoted 0.99euro for my bike worth 1200. I forgot to include my next one and when I went back it jumped to 151euro.

Should have taken it while I had the chance.

Sob

techguy

I recently had my Giant FCR 3 stolen from Kilmainham. Bike was listed as an addon to the FBD home insurance policy back in Tipperary. I got €500 from FBD last week.

The bikes was added to the policy along with my desktop computer for "all risks". Bike was covered up to €500. It cost €50 to add these two items two the policy.

Hope that helps..

Urbanfrog.ie

Zion wrote: »

Just got a new bike for everyday use. Problem is it'll be parking in town quite a lot and I just wondering where can I get it insure?

HIya check out cyclesure- cycle specific insurance company-irish too-cyclesureireland@gmail.com
shane@cyclesure.ie - worth a try;)

CheGuedara

Urbanfrog.ie wrote: »

HIya check out cyclesure- cycle specific insurance company-irish too-cyclesureireland@gmail.com
shane@cyclesure.ie - worth a try;)

I'm calling shillanignans on this one

Urbanfrog.ie

CheGuedara wrote: »

I'm calling shillanignans on this one

?? just tring to help-they were at Phoenix Park on Sunday??

CheGuedara

Urbanfrog.ie wrote: »

?? just tring to help-they were at Phoenix Park on Sunday??

First post plugging a company - had to call it as I see it! You've no connection with them then?

Welcome to the cycling forum BTW

Urbanfrog.ie

CheGuedara wrote: »

First post plugging a company - had to call it as I see it! You've no connection with them then?

Welcome to the cycling forum BTW

That's fair enough -no connection with them at all -am new to this boards forum- Urbanfrog is my company-feel a bit bad now.:(

CheGuedara

Urbanfrog.ie wrote: »

That's fair enough -no connection with them at all -am new to this boards forum- Urbanfrog is my company-feel a bit bad now.:(

Chin up, we're a nice lot here really! (except for the occasional Trolls - they can be, well, spectacularly not-so-nice).

In anycase good luck with the Urbanfrog venture I've given you the thumbs up on FB too

Urbanfrog.ie

CheGuedara wrote: »

Chin up, we're a nice lot here really! (except for the occasional Trolls - they can be, well, spectacularly not-so-nice).

In anycase good luck with the Urbanfrog venture I've given you the thumbs up on FB too

Thanks a million-was a bit worried earlier

timmer3

i did a lot of phoning around insurance companies today, for house contents + 2 bikes for a rented house. most quotes i got (including quinn) did not cover the bike when it was outside the house because it is a rented property, talk about a useless policy option, the guy couldn't even explain the reasoning behind this, except to say that it was because i didn't "own" the house therefore the bike wouldn't be covered outside the house, makes no sense.

i talked to 123.ie on the suggestion in this thread and got a good policy for the house insurance + two good bikes, covered in and out of the house. the bikes weren't much extra on the policy. phone them up to get a better price than online, i also asked if that was the best price he could give me and he knocked another 20 quid off. highly recommended for cyclists renting.