Cycling is both exercise and a passion for many.
Logan Insurance Brokers have sourced options that will make the average home owner and bike enthusiast very happy. Home Building and Contents insurance combined or contents only cover that includes accidental damage for bicycles with no limits.
It is obvious to anyone who uses the roadways around capital cities and the surrounding areas that the interest in cycling is a pastime that is not going away. In fact for many it is a passion that transcends the physical activity and has moved into a fascination with all things bikes – the latest carbon, titanium and aluminium alloy frames, the most sophisticated gears, seats that offer varying degrees of comfort, pedals that can include power meters, wheels that have inner tubes or are tubeless. Not to mention a growing interest in “vintage” or retro bikes of the past that are increasingly being used in recreational rides and at demonstration days at clubs across the country.
All this new technology and the ever increasing number of people participating in the pastime is creating new opportunities for thieves, and a bigger impact on hip pockets in the event of accidents. It is also increasing the cost of the bikes to the consumer. Insuring bikes is a growth area but comes with a considerable cost on top of what, for many, is already a pretty large grudge purchase (home/contents insurance and/or separate bike insurance).
Logan Insurance Brokers have sourced options that will make the average home owner and bike enthusiast very happy. Under many home insurance policies, coverage for bikes can be excluded altogether, come with small sub limits or are not covered at all outside of the home, or are only covered as specified items that may have exclusions relating to “whilst in use” or “whilst racing or pace making”. If you are unsure of your cover, make sure to read the insurer’s Product Disclosure Statement to see what is covered and what is excluded – the fine print can be a costly surprise. Insurers have tended to view bikes as inconsequential items – the likes of kid’s bikes – or as specialty items outside the usual household contents.
Good news for cyclists, adding bikes to home and contents insurance saves $100’s a year.
Logan Insurance Brokers offers packages that provide/include cover for:
- Home Building and Contents insurance combined or contents only cover that includes accidental damage for bicycles with no limits
- Broad Accidental Damage coverage for contents and bikes away from the home – in fact anywhere in the world – for up to 180 days
- Covers bicycles being used on roadways AND during racing or pace making
- Unspecified valuables (watches and jewellery items) cover up to $10,000 per item and up to $50,000 any one loss anywhere in the world.
Logans offer combined cover across a whole range of Business and Personal Insurance.
COMBINED BIKE INSURANCE APPLY NOW ONLINE, it’s quick and easy.
We are confident that we can provide better coverage and better value than your existing insurance. Call us now to discuss your insurance needs. If you are unsure what you are covered for, give us a call and let us know your current insurance policy and we will take a look at the limits and coverage for you.
COMBINED BUSINESS & PERSONAL INSURANCE APPLY NOW ONLINE, it’s quick and easy.
Logan Insurance Brokers are a fully licensed general insurance brokerage, offering a broad range of cover for businesses and individuals. With over 50 years’ experience we can confidently assess your needs and determine whether you have adequate insurance cover – or in fact if you are paying for cover that you don’t need. Call us for a chat and let us show you what can be achieved with an expert eye, and some targeted fine tuning.
Logan Insurance offers online applications or call us today on 1300 787 789.