MarinMuirwoods
New member
Hi,
I am looking to buy a decent second hand bike from somewhere legitimate. I want a decent hybrid bike like a Marin or Ridgeback. However in terms of an insurance company, how will they insure it.
Just say I get a bike for £200 used and it's a 2008 model and the same latest 2010 model costs £500. If my bike gets stolen, what will typical UK bike insurers do - replace it for the same model or give me the second hand price I paid?
thanks
Hi,
No scam. I had an expensive bike stolen without insurance and am now looking to get another bike. However I want a good quality one, but don't mind if it used. This time I would like to get insured, albeit being a used bike. However I want to how insurance companies would reimburse me if a used bike I bought was stolen. Because obviously if it's an 08 model and it gets nicked, they probably can't replace one for me. Thanks
I am looking to buy a decent second hand bike from somewhere legitimate. I want a decent hybrid bike like a Marin or Ridgeback. However in terms of an insurance company, how will they insure it.
Just say I get a bike for £200 used and it's a 2008 model and the same latest 2010 model costs £500. If my bike gets stolen, what will typical UK bike insurers do - replace it for the same model or give me the second hand price I paid?
thanks
Hi,
No scam. I had an expensive bike stolen without insurance and am now looking to get another bike. However I want a good quality one, but don't mind if it used. This time I would like to get insured, albeit being a used bike. However I want to how insurance companies would reimburse me if a used bike I bought was stolen. Because obviously if it's an 08 model and it gets nicked, they probably can't replace one for me. Thanks