After you have registered your bike, it is always worth considering bike insurance for further peace of mind. With the average bike costing £800, it is becoming more and more important to protect your bike as you would any other asset.
Along with our cycle insurance partner, Bikmo
, we have highlighted everything you need to know about getting your bike covered.
Why should you consider specialist cycle insurance?
Most people think that their bike will be covered under their home insurance policy, however, be sure to check the fine print as many home insurance policies limit how much they’ll insure your bike for, and usually will only cover your bike from theft when it’s sat at home. The policy could also carry a high excess which may make claiming uneconomical.
What cover should you be looking for?
Alongside theft, accidental damage and vandalism cover, other policy benefits to look for are cover for clothing and accessories, new for old replacement and multi-bike discount. You may also want to consider insuring yourself. Bikmo offers public liability and personal accident insurance options in case you have an incident with a third party, or suffer a serious injury.
Different levels of cover
With specialist cycle insurance you can expect the freedom to choose what level of cover they want based on their needs. For example, Bikmo offers cyclists three different cover options which vary between cover for the bike, the bike and the cyclist and additional race cover if needed.
Trust is an important consideration when purchasing any insurance; you want to purchase cover you can be confident will hold their promise to pay out should the worst happen. Check the cycle insurer’s reviews online, most display this on their website. Other considerations should be who the policy is underwritten by, and are they trusted by reputable brands.
It's also worth getting a feel for whether the insurer understands cyclists. If so, you can expect a great experience as they will understand what it means to damage or lose your beloved bike. You could give them a call first, or check out their social media feeds.
BikeRegister has teamed up with Bikmo, a leading specialist cycle insurance provider, to offer all BikeRegister customers exclusive savings* on their cycle insurance.
How to claim your exclusive savings offer
To find out more and claim your exclusive savings*, follow the link at the end of registering your bike on BikeRegister.
Getting a quote takes less than 20 seconds, and you can insure all your bikes under one policy.
Already registered? Click the link in your BikeRegister account area
Bikmo Limited is authorised and regulated by the Financial Conduct Authority ref: 745230.