K
Keith
Guest
My son and I are each taking delivery of new bikes next month. He'll be using his for an extended
tour and I'll be commuting/parking and so the risk of damage or theft is very real for both of us.
As they're each costing us about $5,000, we're looking around for insurance.
Bicycle NSW has an insurance arrangement, but the other option is to go for a specific inclusion in
a regular home contents insurance policy. I expect the annual premiums to be around 10% of the
bike's value.
Any comments on what you have found the best option? (We'll have good locks as well, don't worry.)
Keith
tour and I'll be commuting/parking and so the risk of damage or theft is very real for both of us.
As they're each costing us about $5,000, we're looking around for insurance.
Bicycle NSW has an insurance arrangement, but the other option is to go for a specific inclusion in
a regular home contents insurance policy. I expect the annual premiums to be around 10% of the
bike's value.
Any comments on what you have found the best option? (We'll have good locks as well, don't worry.)
Keith