If you have a bicycle worth £150 or less you can add this to your chosen sum insured under 'Things in your home'.
Any bicycles that are more expensive can be named individually in the app.
We cover your bicycle(s) (i.e. pedal bikes, not motor assisted) up to a total limit of £10,000 and an individual item limit of £4,000. Included in the sum insured, we cover your tyres and accessories if your bicycle is stolen or damaged at the same time. Please make sure you include the value of your accessories within the replacement value you specify in the app.
If you choose cover for your bicycle(s) you will be insured both inside and outside the home. You’ll also have 30 days cover worldwide in any one calendar year.
If your bicycle isn’t in a locked building, we require you to use specially designed bicycle locks (i.e. a lock made for the purpose of securing a bike and not something else). If your bike is worth more than £1,200 we require you to use a bronze (or above) rated Sold Secure or Thatcham approved lock and at more than £2,000 you must use a gold rated lock. Note that we don’t cover you for theft if you leave your bicycle unattended (i.e away from the home in a public area) for more than 48 hours.
As standard you’re covered for all insured events:
- Fire, smoke, lightning, explosion and earthquake
- Escape of water, oil or heating fuel
- Theft or attempted theft
- Storm or flood
- Vandalism or malicious acts (including acts of terrorism involving the use or threat of force and/or violence)
- Impact damage
You’ll also be covered for accidental damage if selected.
Remember to keep hold of receipts or other relevant documents to make things quicker and easier in the event of a claim :-)
Please note that we don’t insure bicycles whilst they’re being used for organised racing, pace-making or trials nor can we insure you if you’re using your bicycle for hire and reward or if it is loaned or hired by another person. We also don’t cover your bike whilst it’s in transit by a 3rd party carrier unless it is securely and professionally packaged.