Bike Insurance

[Running Mommy]

She is the "friend" I told you that I would consult on this.
She knows her stuff, so if you have any ??'s I wouldn't hesitate to throw her a pm. I know she's new here. But like I said, she's a good friend. So don't worry, she's not a scammer.
cheers!
denise

[fidlfreek]

Awesome! Mainly I just don't want to be out like $3000 if my bike is stolen while I'm eating pancakes and bacon.

I will PM erint. It just seems like there are so many rules that there's no way that one little consumer can possibly figure it out.

I used to have a violin worth like $16000 that I could insure w/ an endorsement for $45 a year. See, thats why I think its worth looking into for the bikes...you never know whats possible!

[Running Mommy]

thats why I trust erin to take care of it for me. She also brings up things I would have never thought about!

[TxDoc]

Wonderful info, thanks Erint and welcome to TE!!!

[Irulan]

Sorry to hear that your agent has been less than helpful. I am a personal lines insurance broker in CA but, in general, all policies in the US are the same. Your bike should be covered under your personal property limit (minus your deductible) if it is stolen. You should be able to add an inland marine endorsement for "Sports equipment" to your policy (depending on which company you are with). I have been in contact with a broker in TX for another one of my clients so let me know if you'd like me to ask her &/or put you in contact with her : )

How could one expect this to vary state by state? Also, shouldn't one examine an policy for limitations? I've had friend with situations where they've had to explain the difference between a $150 BSO ( Bicycle Shaped Object) and a "real" bike.