Originally Posted by
I-Like-To-Bike
The poster is looking to insure the bicycle, not his life. No regular insurance company agent is going to write a policy for bicycle damage incurred while the owner was involved in a bicycle race; get real!
Originally Posted by
merlinextraligh
I believe that Markel, and some others do. The numbers just don't add up though.
From the first paragraph on the homepage
Markel Corp - Insurance of Markel Insurance:
"At Markel, our main operations are insurance—
not the life, home, or health insurance that many people are familiar with, but specialty insurance. Specialty insurance provides coverage for hard-to-place risks that generally do not fit in the underwriting criteria of standard insurance carriers, and Markel offers specialty insurance for a variety of niche businesses across the globe."
The point being that it is ludicrous to suggest that State Farm or any other typical insurance company that offers life, home, or health insurance is failing its clients by not offering/suggesting to its policy holders insurance coverage for bicycle damage incurred while racing or that anyone with auto/home/homeowners insurance should change their insurance coverage to a specialty company that does.