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Posted

Indwe, R36k, R180pm (but must also haev car and household to get bike cover - includes R5k for medical costs not covered by medical aid), paid out for kit after a fall and medical bills in 2 days... brilliant!

Posted

My bike is insured with Budget for all risks

R20k payout

R85

 

And you guys?

R25 000 = R82/month on a full all risk basis. Most insurance companies exclude cover whilst in use or in any race. Check your policy wording. A good rate on your bicycle value is 4-5% (full all risk cover) IE R30 000 @ 5% = R1500pa or R125/month. I deal with a couple of companies that offer the cover whilst in use/racing, with minimum exclusions.

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