Anyone out there insure his/her bike w/ a U.S. insurance company? I don’t even know if this is possible but as I pump more and more $$$ into my P3 (HED aerobars in the mail) it occurs to me that insurance might not be such a bad idea…
My bicycle is insured as part of my homeowner’s policy (“contents”). Check with your insurance company to ensure that a bicycle that is worth more than they would think will be covered. Renter’s insurance should cover bikes, too.
Ken Lehner
i had to take out a seperate insurance policy for my bike. im covered under my parents plan, but they only insure the first 500 or something. so i had to insure for 3500cdn (so, like $10 US). my deductible is still 500, but the full value is covered now.
Our bikes, cameras, scuba gear are part of a seperate waiver on our homeowners policy. It’s $500. deductible and we had to go into great detail with photos, descriptions, replacement value quotes. Talk to your insurance guy. It’s a good idea to take detailed photos or videos of your toys. Unless the unlikely event of your agent being a bike racer or triathlete, they won’t have a clue about what your bike’s repalcement value is.
i had to take out a seperate insurance policy for my bike. im covered under my parents plan, but they only insure the first 500 or something. so i had to insure for 3500cdn (so, like $10 US). my deductible is still 500, but the full value is covered now.
Young Ironman - who did you do the policy through?
meloche monnex.
my dad has been using them for everything from life to car insurance, i think its part of some dr’s group thing. im apparently still covered under his policy, but i had to take pix of the bike, etc as cervelo guy said for claim purposes. i suppose i should take new pictures now that i have the disc and new pedals 
im not sure what the rates are like, how competive they are, or anything else. personally, i have insurance companies, they are a pain in the ass to deal with.
i suppose i could find out what the coverage details are, but my dad usually just takes care of it for me, and i stop worrying about it.
let me know if you want me to call
-kevin
p.s. the $10 US thing was a joke, i hope you didnt think i was serious. i was making fun of the exchange rate
this was my very first post on slowtwitch. ah, those were the days. sadly the aforementioned P3 got pawned off a long time ago.
my agent wouldnt insure my bike
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check with Nationwide, whether you have other insurance or not with them matters not, they have some sort of policy that will cover your bikes, even if you get in a bike wreck and damage it. I haven’t checked into it, but someone I know has it and told me about it. I think he said the policy was something like $100 for the year. Don’t know about the deductable.