{"id":15479,"date":"2019-04-25T08:00:00","date_gmt":"2019-04-25T07:00:00","guid":{"rendered":"https:\/\/bikehub.co.za\/news\/2019\/04\/25\/5-tips-when-insuring-your-bicycle-r7810\/"},"modified":"2023-02-08T05:23:22","modified_gmt":"2023-02-08T05:23:22","slug":"5-tips-when-insuring-your-bicycle-r7810","status":"publish","type":"post","link":"https:\/\/bikehub.co.za\/news\/5-tips-when-insuring-your-bicycle-r7810\/","title":{"rendered":"5 Tips When Insuring Your Bicycle"},"content":{"rendered":"

As a cycling enthusiast, you\u2019ve probably spent hours getting advice from cycling peers, researching gear and investing a lot of your precious money in this sport.<\/p>\n

You, your bicycle and accessories need specialised cover which is where Cycle First from Oakhurst Insurance comes in \u2013 it\u2019s a stand-alone insurance policy that considers all risks facing both the bicycle as well as the rider.<\/p>\n

Here are 5 top tips when looking for the right bicycle insurance:<\/p>\n

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1. Your personal insurance policy may not cover your bicycle sufficiently<\/h2>\n

Most personal insurance policies will only cover you for the theft of your bicycle at your place of residence. What if your bicycle or accessories are stolen when you\u2019ve taken it out for a ride? Cycle First covers you for the loss of or damage to your bicycle, up to R150 000. It also comes with the option of adding portable possessions cover which enables you to specify the accessories you want to insure; such as your heart rate monitor, action camera, helmet and glasses.<\/p>\n

Generally, personal insurance policies have a low cover limit which means your bicycle\u2019s full value might not covered and in the event of a claim your entire premium may also increase. However, because Cycle First is a stand-alone bicycle insurance policy, your other polices will not be affected by a premium increase.<\/p>\n

2. Bicycle insurance doesn\u2019t have to be expensive<\/h2>\n

Bicycle insurance is affordable, especially when you consider the investment you\u2019ve made in your bicycle and accessories \u2013 these could cost in excess of R100 000. A Cycle First policy will cover bicycles for theft, accidental damage or loss at a very competitive premium. You will also be able to build your cover according to your specific needs.<\/p>\n

3. Amateur cyclists need insurance, not just professionals<\/h2>\n

Professional cyclists certainly do need insurance; but so do amateurs cyclists and anyone else who loves their bicycle. A Cycle First policy not only covers you for your bicycle, but also provides cover if you are injured in a bicycle accident with our built-in personal accident cover which provides up to R20 000*.<\/p>\n

https:\/\/youtu.be\/RQelOygV14U<\/a><\/p>\n

4. Make sure you have insurance in the event of damage or injury to a third party<\/h2>\n

With Cycle First, we offer third-party liability of up to R250 000 which covers injury to persons or damage to their equipment if caused by you while riding your bicycle. An example of this is if you were offloading your bicycle from your car, and in the process it caused damage to someone else\u2019s car, you would be covered.<\/p>\n

5. Get cover in the event of a race being cancelled<\/h2>\n

You\u2019ll have the option of adding our entry fees protection benefit to your Cycle First policy. You can claim for financial losses for accommodation, travel and the cost of the race entry fee, if the race is cancelled or you are unable to attend for a number of valid reasons.<\/p>\n

If you are a cycling enthusiast, you\u2019ll benefit greatly from a Cycle First policy – specialised bicycle cover from Oakhurst Insurance.<\/p>\n

\nGet your quote today by clicking <\/strong>here<\/strong><\/a>.<\/strong>\n<\/div>\n

*Cover limits apply.<\/span><\/em><\/span>
Oakhurst Insurance Company Limited (Registration number 2006\/000723\/06) is an authorised financial services provider (FSP39925)<\/span><\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

As a cycling enthusiast, you\u2019ve probably spent hours getting advice from cycling peers, researching gear and investing a lot of your precious money in this sport. You, your bicycle and accessories need specialised cover which is where Cycle First from Oakhurst Insurance comes in \u2013 it\u2019s a stand-alone insurance policy that considers all risks facing […]<\/p>\n","protected":false},"author":3,"featured_media":27403,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[433,432],"featured_location":[],"class_list":["post-15479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-promotions","tag-insurance","tag-oakhurst-insurance"],"_links":{"self":[{"href":"https:\/\/bikehub.co.za\/news\/wp-json\/wp\/v2\/posts\/15479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bikehub.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bikehub.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bikehub.co.za\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/bikehub.co.za\/news\/wp-json\/wp\/v2\/comments?post=15479"}],"version-history":[{"count":0,"href":"https:\/\/bikehub.co.za\/news\/wp-json\/wp\/v2\/posts\/15479\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bikehub.co.za\/news\/wp-json\/wp\/v2\/media\/27403"}],"wp:attachment":[{"href":"https:\/\/bikehub.co.za\/news\/wp-json\/wp\/v2\/media?parent=15479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bikehub.co.za\/news\/wp-json\/wp\/v2\/categories?post=15479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bikehub.co.za\/news\/wp-json\/wp\/v2\/tags?post=15479"},{"taxonomy":"featured_location","embeddable":true,"href":"https:\/\/bikehub.co.za\/news\/wp-json\/wp\/v2\/featured_location?post=15479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}