Maximum 5 bikes with individual values up to £15,000 each or aggregate value of £30,000 unless referred to Underwriters.

The replacement value is the amount of money it would cost today to buy your bike (or an equivalent bike if your bike is no longer being sold) from a reputable bike shop.

The value should include any upgraded parts such as wheels, saddles or brakes which you have subsequently added to your bike, but not the value of any bike accessories such as lights, panniers or similar.

If you have built your bike yourself, the replacement value is the sum of the individual parts making up your bike, excluding any labour charges.

Claims are settled on a new for old basis, irrespective of the bike’s age. An excess will apply for any claims involving loss or damage to your bike, this is £75 for bikes worth less than £1,500. For bikes worth £1,000 or more there will be no excess if we replace your bike for you, otherwise an excess of £100 will apply to bikes valued up to £7,500 and an excess of £250 will apply to bikes valued at £7,500 or more

Includes New for Old, We Cover Bikes Bought Under Cycle to Work, Replacement Hire up to £500, Mutiple-Bike Discount.

For claims of more than £1,000 where we can offer repair or replacement ourselves through a preferred supplier we may with the policyholder's consent waive the excess and repair or replace the bike ourselves