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Bikes insured?


covie

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Alexander Forbes: R15000/R42 month. Basic MTB R6500/R18.00. Covers racing as well.

do they do bikes alone? or do you need to have car and HH too?

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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.

Thats correct, but if you have a warrantee on the frame and don't race much, normal all risk insurance should be ok. Another thing to look out for is whether the bike is covered while being transported.

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Waiting for a quote from my Insurance Brokers (APBCO)...will let you guys know. Currenlt have car and household with them

 

Mine from APBCO

 

55k @ R146.14 pm

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