Originally Posted by
zinjack
How much is it per month, deductible and then how much is the bike? You said 4k but is that just the bike? I mean chance are the monthly fee and deductible whill be more than the repair of the bike.
It could be well worth it at the right price, especially for catastrophic frame damage. If you think about it, phone insurance policies are a successful product; a non-contract smartphone costs about as much as my CAAD10's frame, but I intend to get a lot more years out of my CAAD than out of my 4s, but Cannondale aren't going to give me a new bike for free in 2 years time just for renewing my contract with them. Yet people still buy insurance for their phones.
Obviously volume is a factor; there are a lot more GS3s out there than Madones, but maybe it's a business model someone should look into...