Bike theft continues to be a problem throughout the country, particularly in larger cities such as London. As such, it is important to know when you are entitled to claim on your insurance. This will help you to know how to properly secure your bike, and could mean the difference between a relatively small inconvenience and a big problem. Of course, the rules differ between individual insurers.
However, there are some key points and general rules which can be applied to most companies offering bike insurance. Bicycles Left outside Overnight It is common for biked to be covered by insurance if they are regularly left outside.
Usually, this holds true as long as it has been locked to an immovable object. There may be cover for a certain period at locations other than the vicinity of your home. For example, some insurers will cover bikes that have been stored at a railway station, usually for a period of 24 hours.
Insurers have different rules about which locations can be included or excluded, so if you expect to store your bike outdoors somewhere other than your home it is important to look at this when choosing your policy. Public Roads Generally, insurers will cover a bike that has been securely locked to a cycle stand on a public road.
However, there will usually be conditions on this coverage. Commonly, it will be required that the lock used to secure the bike should hold a certain security rating. Furthermore, bicycles will not usually be covered if left attached to a public cycle stand for an extended period of time. Cover will commonly apply for around 12 hours at a time.
Garages and Specialist Cycle Storages a rule, bikes will be covered by insurance if left in a locked garage, or in specialist cycle storage areas such as cycle lockers and cycle sheds. As locked garages, cycle shelters and cycle lockers all offer far better security than being locked outside, it is rare for these locations to be excluded.
However, there may be certain rules that apply, particularly to dedicated cycle storage. For example, some insurers will require that certain kinds of lock be used for securing a bike in cycle shelters and cycle lockers. Other insurers have no such requirement, and provide cover for bikes in all such forms of specialist cycle storage.
If you regularly use a cycle locker or cycle shelter, it is important to make sure you choose a policy that will leave your bike covered. Bikes inside a House Bicycles stored inside a house are almost universally covered by bike insurance policies. This will usually hold true even if the house was unlocked.
As long as the bike was stored out of site and there is evidence that it was taken through burglary, it is likely to be covered by your insurance. However, if it is in a house other than your own, there may be restrictions on how long your bike will remain covered. For example, some insurers will not cover a bike once it has been stored anywhere other than at the insured address for twelve hours.