Originally Posted by
CACycling
I had a bike stolen out of my garage (wife left it open) and my insurance company asked for itemized list. I had a check for the total replacement cost less deductible (carried a $250 deductible at the time and coincidentally had $250 worth of stuff attached to the bike, which was also covered, so actually got value of a new bike) in less than a week and didn't need to produce any receipts.
That is the exception rather than the rule! Of all the bikes I have had stolen over the years I have never received anything close to a reasonable payout. In fact the last 4 that were stolen together were required to be covered under a separate rider by the a**hole insurance company, but the "forgot" to tell me bicycles and tools stored in unattached garages were not covered under the main policy when they renewed it. After that break in I promptly "renewed" my policies with an different insurance company
Aaron
