Bike Insurance
06-08-14, 12:01 PM
#26
Humvee of bikes =Worksman
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We were State Farm clients for decades. We filed a $15k claim when we bought our home in 2011 (busted water pipe). A year later someone stole $6k worth of bicycles (2) out of our garage. We debated filing a claim, given the risk of them canceling our policy. We decided to go for it, since our agent told us we had "rider" in place for this kind of thing, and we would get replacement value minus $500 deductible. Six months later, we got a letter from SF that our homeowner's insurance policy was being canceled because of "too many claims." It was a nightmare finding another company to insure our home; The Hartford came through for us. We will never file another claim for a "low-ticket" item like a couple bikes.
__________________
My preferred bicycle brand is.......WORKSMAN CYCLES
I dislike clipless pedals on any city bike since I feel they are unsafe.
Originally Posted by krazygluon
Steel: nearly a thousand years of metallurgical development
Aluminum: barely a hundred, which one would you rather have under your butt at 30mph?
My preferred bicycle brand is.......WORKSMAN CYCLES
I dislike clipless pedals on any city bike since I feel they are unsafe.
Originally Posted by krazygluon
Steel: nearly a thousand years of metallurgical development
Aluminum: barely a hundred, which one would you rather have under your butt at 30mph?
06-08-14, 12:20 PM
#27
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I'm going to look into this rider thing with State Farm. I tired velosurance and it was 12.50 a month or 150 a year which is more than my renters insurance that covers me for 15k worth of losses.
And my bike is 2200 full msrp right now.
And my bike is 2200 full msrp right now.
06-09-14, 01:01 PM
#28
Humvee of bikes =Worksman
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When you ask for a rider (on anything) as for a "all hazard" rider to cover everything with no deduct.
__________________
My preferred bicycle brand is.......WORKSMAN CYCLES
I dislike clipless pedals on any city bike since I feel they are unsafe.
Originally Posted by krazygluon
Steel: nearly a thousand years of metallurgical development
Aluminum: barely a hundred, which one would you rather have under your butt at 30mph?
My preferred bicycle brand is.......WORKSMAN CYCLES
I dislike clipless pedals on any city bike since I feel they are unsafe.
Originally Posted by krazygluon
Steel: nearly a thousand years of metallurgical development
Aluminum: barely a hundred, which one would you rather have under your butt at 30mph?
06-09-14, 01:22 PM
#29
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Just got back from state farm office, rider insurance is 200 per year. Passed on it, my bike is covered thru my homeowners with replacement cost minus deductible of 500 bucks.
If it get stolen from the house I get for example the blue book value minus a 500 deductible.
If it get stolen from the house I get for example the blue book value minus a 500 deductible.
06-09-14, 01:48 PM
#30
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I'm more concerned about an injury claim from somebody I accidentally hurt than the cost of losing a bike.
07-21-14, 09:13 AM
#31
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Bike Insurance
Hello... I was wondering with what carrier you currently insure 5 bikes for just $50 a year? I'd like to look into insurance my bikes with the same carrier.
Thank you.
BP
07-21-14, 11:39 AM
#32
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When you shop for bike ins do it as a "rider" to your home or renters policy.
__________________
My preferred bicycle brand is.......WORKSMAN CYCLES
I dislike clipless pedals on any city bike since I feel they are unsafe.
Originally Posted by krazygluon
Steel: nearly a thousand years of metallurgical development
Aluminum: barely a hundred, which one would you rather have under your butt at 30mph?
My preferred bicycle brand is.......WORKSMAN CYCLES
I dislike clipless pedals on any city bike since I feel they are unsafe.
Originally Posted by krazygluon
Steel: nearly a thousand years of metallurgical development
Aluminum: barely a hundred, which one would you rather have under your butt at 30mph?
07-21-14, 11:44 AM
#33
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Thank you Nightshader. I understand what a "rider" is, but I am wondering who your insurance carrier is that offers replacement cost coverage at such a competitive rate. Can you share with me which carrier you insure with?
Thank you.
BP
07-21-14, 11:48 AM
#34
Humvee of bikes =Worksman
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Country Companies Ins. A division of local Farm Bureau.
__________________
My preferred bicycle brand is.......WORKSMAN CYCLES
I dislike clipless pedals on any city bike since I feel they are unsafe.
Originally Posted by krazygluon
Steel: nearly a thousand years of metallurgical development
Aluminum: barely a hundred, which one would you rather have under your butt at 30mph?
My preferred bicycle brand is.......WORKSMAN CYCLES
I dislike clipless pedals on any city bike since I feel they are unsafe.
Originally Posted by krazygluon
Steel: nearly a thousand years of metallurgical development
Aluminum: barely a hundred, which one would you rather have under your butt at 30mph?
07-21-14, 06:04 PM
#35
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Hi, I'm new to biking. My wife and I just bought bikes this weekend(2014 Trek 7.2 FX-Me, 2014 Trek Verve 2-Wife). I am just wondering what people do for insurance or have any advice. Are they covered much under a normal home owners insurance policy? They both cost around $600 and our deductible is $500. We use State Farm. Thanks!
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