Homeowners insurance (and I'm pretty sure renters insurance, at least Allstate's) will cover bikes stolen from places other than your residence, for example your vehicle, as long as you have informed the insurance company that you own and travel with an expensive bike when you aquired the policy.blt2ride said:
My renters insurance policy will cover the bikes if they are stolen from places other than my residence. I did have to notify them that I travel with my bikes when I purchased the policy.DH Diva said:
That's the key! My insurance agent wanted a picture of each bike and seriel number and retail value list of all our bikes. When we get a new one or sell one, we just send her an updated list. That way when you call and say "My $6000 mountain bike got jacked while I was in the middle of nowhere utah!!" she says, "Okay here's your check."BussaFrame said:
"Oh, and by the way, here's your policy increase, too."DH Diva said:
I had renters insurance before my home owners from the same company. My bikes were the primary concern. I had about $40,000 worth of renters insurance and it only cost about $10 a month. That was about 4 years ago though. I can't imagine it has gone up that much though in 4 years. It's well worth it!ncrider said:
Yeah. Usually one claim will not do much.DH Diva said:
My claims were about 2 years apart. One bike, one roof. Of course, *I* ran my bike into the garage. :mumble:DH Diva said:
A-Ha! Yeah, running the racked bike into things always hurts the pride a little huh? Please don't say the word roof again. I'm re-roofing my garage in a couple weeks, and the house in a couple years. I don't want to think about the word roof until I absolutely have to!SkaredShtles said:My claims were about 2 years apart. One bike, one roof. Of course, *I* ran my bike into the garage. :mumble:
I'm sure bike thieves suck, though.
Read your insurance policy. You might not get Jack Squat. It's *your* responsibility to know what they'll cover.manhattanprjkt83 said:
SkaredShtles said:
neaky:
manhattanprjkt83 said:ya ya im lazy sorry
I hear ya. I'm lazy too.
My agent seemed to be implying that you would have to jump through way more hoops to prove you owned it and get money for it. High dollar bikes go into a category mainly for uncommonly expensive items. Everybody knows a diamond ring cost a lot of $$ but how many people still gasp at how much a DH bike costs. Letting them know in advance will also really speed up the process because they already have proof you own it and a seriel number.manhattanprjkt83 said:
I had my bike stolen this school year from the bike cage under my aptartment (it was quite the caper, caught on film and all that). Fortunatly, I am still considered a dependant under my parent's homeowner's insurance, and I got nearly the whole price of the bike back, though it was the first claim on the insurance in 25 years. I used the money to upgrade to my SGS.manhattanprjkt83 said: