Good Insurer for EBikes

Thanks wherenext, I will ring Halifax on Monday and check them out, again.    It is now 4 years ago so things may have changed.    The other thought I had was about the Halifax Reward Current Account which offers free travel insurance and some other perks.   Do you have one of these accounts.    I am still on the old type of account I have had for about 40 years!

BillC

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Hi Wherenext,

I have spoken to Halifax Home Insurance this morning and they still do not insure electric bikes.       I presume your policy is with a different part of the Lloyds Bank Group which is part of the Bank of Scotland, very complex!      I will have to stick with Assetsure.

BillC

I was looking at changing household insurance (still am) but current provider Saga covers our ebikes (theft, third party etc) and are also new for old....the insured value has risen slightly each year for last four years to cover this....

mine now £2600 (from £2100) and OH £2000 (from £1300, got it at one month old, huge discount) 

with this very thread in mind i asked Saga how much the bikes added to the premium, they said £85....

thats great, but I'm unhappy with some other aspects, hence my 'looking'...

We have ours, (ebikes and some seriously expensive road bikes) all covered by our house insurance. We had a pair of bikes stolen from home a few years ago, top tip is to take photographs and keep receipts for every bit of kit or add on you buy for bikes. We had no trouble getting a full refund for everything to do with our bikes, mainly because we had the evidence to prove what we had spent and how much security was in place. That was with Lloyd’s, we are now with LV.

You can go to specialist bike insurers, but they often include add ons you don’t really require, and don’t give much if any discount if you try to take things off the policy. I will add that we don’t take bikes overseas, this might be different.

Hi BB,

Apart from the e-bikes, I am very happy with the Halifax Home Insurance.    It is new for old and after losing a Nikon Pro SLR worth over £2K they paid up within 3 days and that was all done with me in Largentiere.    But on the whole I think they are expensive.     Then again, last year I added a pair of Swarovski bino’s and they only added £10 to my annual fee for them.    I tried to switch about 3 years ago because I wanted to find something cheaper, but after getting quotes from a number of places I compared them and stayed put.    Last January they knocked £90 off my annual fee for loyalty!!     Got to be happy with that.

BillC

Hi KB.

We don't have any bank accounts at all with Halifax and I just got a quote in November on a comparison website (think it was Moneysupermarket but not sure).

I was more concerned with security conditions so I actually spoke to a member of staff so they knew that they were e-bikes. The mysteries of being a new customer compared to an existing one.

Thanks to this thread I'm saving some money 

Besides having an account with the Halifax, I have Buildings and Contents with them since moving from SAGA last September. Looking through my policy EBikes are mentioned as being covered with EU of 60 days max, not certain if it can be extended.

My premium last September for Buildings and Contents was £126 plus a cashback cheque for £50.

Policy wording:

Pedal cycle cover
This section applies if you have ‘Pedal cycle cover’ – this is shown in your policy schedule.
What we cover.
Loss of or damage, including accidental damage, to pedal cycles (including electrically assisted pedal cycles that cannot be solely propelled by the electric motor more than 15.5mph) and their accessories belonging to you or your family or for which you or your family are legally responsible.

Link to Policy document, scroll down a little and click on 'Pedal Cycle cover' left of page.

https://static.halifax.co.uk/assets/pdf/insurance/pdf/hx-hpa-policy-booklet-latest.pdf#pedalcycle