You’ve just spent £3200 on a Trek Madone road bike and now you want to go out and ride it. But, sensibly, you decide to grab some insurance first.
Enter the post code, value of the bike plus accessories.
You spit out your coffee at your computer screen!
A lightbulb goes off in your head! Maybe it’ll be covered under your home insurance.
A quick call to their helpdesk later, you hear that they’ll only cover a bike up to £2000.
Nobody wants to touch the risk of insuring an expensive bike, especially in a city like London where there is a good chance it’ll be stolen.
You can’t really use your bike for shopping or anywhere it might be left unattended, without a private security guard watching over it 24/7.
But you really want to ride your nice bike, what do you do?
Obviously, you could just grumble, enter your credit card details and buy the annual insurance.
You could opt for a different kind of security. Such as hidden GPS trackers that hide in your stem or seat post. These cost around £100 and will report the location of your bike if it is stolen.
However, the police won’t necessarily help, even if you have the location of the thief, so you may have to go in to vigilante mode.
Baseball bat over the shoulder and knuckledusters is a look that doesn’t suit you.
What about a beater bike?
There’s that bike you bought back in the 80s, cost about £50 and no thief in their right mind would touch it.
For about £80, your local bike shop will bring it back up to shape.
Obviously, it’s not as exciting as the new bike but it gets the job done.
None of these solutions are perfect and it’s tough to own a fancy bike in London. If I was the proud owner of an expensive bike such as the Madone, I would probably keep it solely in my house and use it only for weekend rides outside of London. I simply couldn’t trust it outside my local pub or supermarket.
If you’ve found a better solution, leave a comment below.