Pedal Care

[Delgado]

You needn't insure that Pantani the manufacturers replace them every couple of months anyway!

[Pantani]

That's why I crashed it in the rain the other day, to preempt the recall! 

[Riccardo]

Let me explain,I have been in the short term insurance industry for 25 years of which 20 years I was involved as an insurance assessor(for my sins).A race is a race,whether it is a fun ride or if you are riding as a registered cyclist.Most companies do not provide cover for bikes(ie sports equipment)whilst in use.So if u r using the bike and is is damaged there is no cover-period.Companies, other than specialist bike insurers,might give you cover whilst in use,if requested and if granted by the Insurer.

 

Alexander Forbes was mentioned earlier,but they do NOT insure bikes on their own.They want supporting business,like your house contents and car,that is why they might be cheaper.However are they cheaper when viewing the overall package.The other aspect that u must take into account is that they are NOT specialist bicycle insurers and problems could be experienced with insuring with a company not specialising in the field of pedal cycles.

 

Food for thought,"goed koop kan duur koop wees"

[Pocketbikes]

Let's say Pantani, breaks the bike in a race and the insurance wont pay, He brings it home and goes on holiday. Some previously disadvantaged cycler slucks the broken bike for it's groupset and zipps... now what? do they pay?

[ffly]

I did the comparison last year - the premium I saved with pedalcare made up for the difference in excess already. . . . .  and fortunately no accidents yet (hee-ha)

[Guest Big H]

Let me explain' date='I have been in the short term insurance industry for 25 years of which 20 years I was involved as an insurance assessor(for my sins).A race is a race,whether it is a fun ride or if you are riding as a registered cyclist.Most companies do not provide cover for bikes(ie sports equipment)whilst in use.So if u r using the bike and is is damaged there is no cover-period.Companies, other than specialist bike insurers,might give you cover whilst in use,if requested and if granted by the Insurer.

 

Alexander Forbes was mentioned earlier,but they do NOT insure bikes on their own.They want supporting business,like your house contents and car,that is why they might be cheaper.However are they cheaper when viewing the overall package.The other aspect that u must take into account is that they are NOT specialist bicycle insurers and problems could be experienced with insuring with a company not specialising in the field of pedal cycles.

 

Food for thought,"goed koop kan duur koop wees"

[/quote']

 

Riccardo,

 

When I was still in civilsation (if you can call it that!!!!!) I contacted my insurer and explained to then that I am a funrider and do not compete in races only funrides. Their legal department replied and said that if I receive prizemoney out of a race i.e. being licensed I will not be insured, whilst being a mundane fun cyslist I am fully insured for damaged. The insurer was SA Eagle and my broker was Multinet. The bicycles was specified and I paid a premium for each of them. I even enquired about a lucky draw at the prizegiving and they replied in writing that it would not be regarded as winning a prize.

Big H2008-05-08 04:15:12

[fandacious]

A race is a race' date='whether it is a fun ride or if you are riding as a registered cyclist.[/quote']

 

thats bullsh*t... what if i'm on a training ride with friends and we race each other to the top of the hill... does that also count as a race?

[Slowbee]

oh cakesister !! this is a bit of a heads up.

 

gonna call my broker now ..

 

[AndreZA]

But it was van der Walt's great uncle Johan who split the races.

 

 

[Delgado]

Let me explain' date='I have been in the short term insurance industry for 25 years of which 20 years I was involved as an insurance assessor(for my sins).A race is a race,whether it is a fun ride or if you are riding as a registered cyclist.Most companies do not provide cover for bikes(ie sports equipment)whilst in use.So if u r using the bike and is is damaged there is no cover-period.Companies, other than specialist bike insurers,might give you cover whilst in use,if requested and if granted by the Insurer.

 

Alexander Forbes was mentioned earlier,but they do NOT insure bikes on their own.They want supporting business,like your house contents and car,that is why they might be cheaper.However are they cheaper when viewing the overall package.The other aspect that u must take into account is that they are NOT specialist bicycle insurers and problems could be experienced with insuring with a company not specialising in the field of pedal cycles.

 

Food for thought,"goed koop kan duur koop wees"

[/quote'] Alexander Forbes don't insure it anyway surely? They are brokers not underwriters?! 

[Iwan Kemp]

Both my bikes are insured with PedalCare and even though I (thankfully) haven't had to claim I have received excellent service.

 

Make 100% sure your insurer's cover is as extensive as PedalCare's. I know it can be tempting to go for the cheapest option, but cheap isn't always best.

 

BTW, I dealed with Ricardo direct and he was on the money. Phoned me back, replied on my email questions quick, and gave me a good deal. Hopefully one day when I need to claim I will still sing their praises.

[scotty]

Short end is read the fine print and get any grey area questions answered in writting.

[AuctionLamb]

I am with Alexander Forbes and I had a crash at the 2007 Argus....phoned....they say I must get a bike shop to look at bike and fax the details to them...2 or 3 days everything was OK!

 

I am covered by them for everything on the bike....I think even drunk cycling!!

 

[Grantc]

Also with Alexander Forbes and have all my bikes (1 road, 1 TT, 1 MTB & 1 Tandem) coverd by them. Premium is < R200/month

Also have it in writing from them that the bikes are covered for racing with not increase in premiums.

Like Pantani tested them a few years back in Tour Durban - within a week had a full replacement staning in my lounge

 

[Riccardo]

Hi Delgado.They are in fact now both an insurer and broker.They have obtained an insurance license.

[Riccardo]

A race is a race' date='whether it is a fun ride or if you are riding as a registered cyclist.[/quote']

 

thats bullsh*t... what if i'm on a training ride with friends and we race each other to the top of the hill... does that also count as a race?

 

Hi Fandacious.A race is an organised event.You ridning against an aquantance does not fall into this category.You must however be careful as certain Insurers give no cover whilst in use,whether racing or training.