Originally Posted by
Dheorl
Or I could just buy an expensive bike and get cheap insurance... what I've done. I bought it with savings, but the thing about savings is you can only spend them once. I spent them on something I'd enjoy, I see nothing wrong with that.
If you've spent so much on the bike that it would be a financial catastrophe, you're living way too close to the edge.
Originally Posted by
Dheorl
Also what if you smash into the side of a £250k lambo, I'd rather have the insurance pay for that.
You're mixing concepts here. We're not talking liability insurance. Admittedly this converastaion is complicated by the fact you don't appear to be in the U.S. However, in the U.S., you're alreay covered by either your homeowners or your aout policy for that liability without buying an endorsement on your Homeowners to cover the bicycle.