bike insurance?
07-14-10, 04:10 PM
#1
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bike insurance?
Does such thing exist? I think it would be a pretty good idea to have insurance to pay for a bike (especially carbon) that you might wreck.
07-14-10, 04:15 PM
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Yea: Buy a bike you can afford to replace. Then you can self-insure.
Not aware of any crash insurance. I've heard of some companies offering theft insurance.
Not aware of any crash insurance. I've heard of some companies offering theft insurance.
07-14-10, 09:23 PM
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07-14-10, 10:39 PM
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My homeowners' coverage does cover damage incurred in a crash, but only if it's not in a race.
07-15-10, 03:32 AM
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Check the insurance offered by your local automobile association. I had my bicycle insured with Canadian Automobile Association as an extra item on my household content insurance.
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07-15-10, 05:27 AM
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if you're worried about this, your best bet is to buy a bike who's manufacturer offers a decent crash replacement policy, and go from there.
i can't substantiate this, but i dont think homeowners or renters insurance is going to cover a crashed bicycle, why would they?
i can't substantiate this, but i dont think homeowners or renters insurance is going to cover a crashed bicycle, why would they?
07-15-10, 05:58 AM
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I contacted my Home Ins comapny to confirm, and was told my bike was not covered for theft or crash, and a policy rider to add it in was not available. I am looking for another company, but was very shocked at their response. I wonder if the value made them state this, which may not be the norm?
07-15-10, 10:36 AM
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Never insure against a risk you can afford to absorb.
And if you can't afford to absorb a loss of a bike you spent to great a percentage of your resources on a bike.
for the full lecture: https://www.bikeforums.net/showthread...ight=insurance
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You could get lost and die.
You could hit a tree and die.
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07-15-10, 10:41 AM
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