BICYCLE
INSURANCE

No, our cycle policy provides cover for pedal cycles only.

Your cycle policy would be able to assist in this unfortunate scenario. It is important that you notify the police as soon as possible and provide them with a detailed account of what has happened. Before submitting a claim, please ensure you have:

• a valid and substantiated crime reference number
• evidence of ownership

In the event that your cycle has been stolen, in addition to the above, you will also need to provide the key for the approved lock and a receipt demonstrating the make and model.

This policy will cover repair costs if your cycle is accidentally damaged whilst in transit with a recognised transport provider, you must ensure that the cycle is securely packaged and a receipt obtained.

If your bike is stolen whilst in transit, you will need to seek advice from the airline or transport provider as this policy does not cover theft when the cycle has been entrusted to the recognised transport provider.

Yes, if you are over 16 and under 70 years of age the Eversure Cycle Insurance policy provides two levels of Personal Accident cover – Level 1 offers £10,000 of cover and Level 2 offers £25,000.

If you select Personal Accident cover then your are covered up to the amount shown below if at any time whilst you or any member of your family are using the cycle are involved in an accident, which shall solely and independently of any other cause, result in such bodily injury which results in either death, loss of limb, loss of sight or permanent total disablement.
The amounts we will pay under this section are;

This policy only covers you and the following members of your family that permanently reside with you at the same address, family members are considered as your:

• parents
• spouse
• partner
• children or siblings (aged 12 years or over)

If you can’t find your lock on the Sold Secure website, please try searching for the specific lock model rather than the manufacturer. For example, if searching for a ‘Kyroptonite Evolution Mini 7’ lock, ‘Kryptonite’ will not yield any results but ‘Evolution’ will.

If you are still not successful in finding your lock, please contact Sold Secure directly, or you can check the packaging of the lock, as this often has the rating specified.

The Eversure Cycle Insurance policy requires that your cycle is secured using an approved lock.

Approved lock means;

• a nominated lock from the appropriate Sold Secure category
  (as specified on your policy schedule);

• for cycles up to £250 in replacement value, an approved lock is one which is tested to a bronze standard by Sold Secure.

• for cycles greater than £250 but less than £1,500 in replacement value, an approved lock is one which is tested to a silver standard by Sold Secure.

• for cycles greater than £1,500 in replacement value, an approved lock is one which is tested to a gold standard by Sold Secure

As a general rule, you should be purchasing a lock that carries the Sold Secure logo, as these have been tested by bodies that our underwriters have approved. Please see the Sold Secure website for more information.

Your policy can include cover for your cycle lock, you must ensure that you select ‘Accessories’ cover in the purchase process.

We can offer cover of up to £250, £500 or £1000 in accessories cover and it’s not just limited to your cycle lock, other accessories can include cycling specific helmets, hats or caps, shoes, overshoes, jerseys or vests, base layers, gilets, gloves, glasses & goggles, jackets, shorts, bib shorts, bibs, bib-longs, tights, trousers, socks, warmers, compression clothing, backpacks, water bottles and cages, hydration packs, cameras specifically designed for cycling and mounted to a helmet, frame or handlebars; cycling computer; cycling GPS unit, lights, cycle luggage, panniers, saddle bag, cycling tools, cycling armour & guards.

The lock must be an approved lock from the appropriate Sold Secure category. For complete list of all Sold Secure locks as well as each lock’s current grading please visit the Sold Secure website.

Cycle accessory cover can also be added to your policy if you are already a policyholder, please get in touch with us if you would like to add this to your policy.

When we visit cycle retailers, or speak to our customers, we are often asked “Why shouldn’t I just cover my bike under my Home Contents insurance?”. This is an important question, and the answer depends upon whether you are willing to accept some of the major exclusions that are common under Home Contents policies.

Home Contents insurance is an excellent product that every household should consider. Most people usually under-estimate the value of their possessions, and subsequently under-insure on their Home Contents. Home Contents insurance serves a very important purpose; that is to protect the contents of your home against fire, theft, flood, and accidental damage. Without Home Contents insurance, the cost of replacing your possessions after any of the above events could mount up very quickly.

As with any insurance, Home Contents insurance has its limitations – it cannot possibly cover every single item that you own in every single situation, and it is not designed to do so. For example, people frequently transport items such as bicycles on or in their cars, but you would not expect your car insurance to pay to replace a bicycle stolen from your boot. Likewise, you would not expect your Home Contents insurance to replace your car if it was stolen from your garage.

Like all insurances, the only way to determine whether a Home Contents insurance policy is suitable for your needs is to carefully read the policy wording.

Key Points to look out for with a Home Contents insurance policy:

• We reviewed 10 very well-known Home Contents insurance policies and found that only 2 of them actually covered bicycles against damage whilst being ridden! Most policies also excluded Accidental and Malicious Damage whilst the cycle was away from the home. Eversure Cycle Insurance now insures bikes against non-superficial Accidental Damage and Malicious Damage immediately from purchase.

• We also found that the majority of the Home Contents policies we reviewed did not cover bicycles against theft whilst away from the home, even when locked up securely at a bona fide cycle rack. The Eversure Cycle Insurance policy instantly covers the bike against theft, provided you have used the appropriate level Sold Secure Approved Lock. Bikes may be left at a cycle rack for up to 12 hours, or up to 24 hours at a train station.

• Most of the Home Contents insurance policies we reviewed had a very low maximum cycle limit. Eversure Cycle Insurance routinely insures cycles up to the value of £10,000.

• Several of the Home Contents insurance policies did not cover permanently fixed cycle accessories. Eversure Cycle Insurance covers all permanently fixed accessories included in the value of the cycle.

• The Public Liability benefit included in the Home Contents insurance policies we reviewed was rarely extended to cover sporting activities such as cycling. This is an important exclusion to note, as Public Liability covers you should you cause injury or damage to another person or to their property whilst cycling. For example, colliding with a pedestrian or scraping down the side of an expensive car. Public Liability Cover can be added to the Eversure Cycle Insurance policy for a small additional charge.

In summary, it is important to read your Home Contents policy wording thoroughly, and to also read the Eversure Cycle Insurance Policy Wording to compare the cover provided. In both cases, make sure that you understand what you are getting for your money and then make the decision as to whether you want a Home Contents policy that may include the above mentioned limitations that are not always reflective of a cyclist’s needs, or whether you want a specialist cycle insurance policy.

Eversure bicycle insurance offers you great value, clear and reliable cover, carefully designed to cover you and your family’s cycling needs. With cover for theft, accidental and malicious damage, the Eversure cycling insurance policy also provides personal accident cover and replacement bike hire. With optional public liability cover and bike breakdown available, our policy provides cover for both the leisure and competitive cyclist.

• Personal accident cover
• Call and speak directly with our trained staff
• Email if you prefer
• Family cover included