Paul, that sounds like my policy too.  I guess that by "market in stolen
bicycles" they also mean that people wanting to get a new free $5k bike will
arrange for their bikes to be in an area that gets burned along with a shed
or garage.  They might not want to mention that scenario for fear of seeming
accusatory.

Bob Simpson

-----Original Message-----
From: Paul Smeulders [mailto:[EMAIL PROTECTED]]
Sent: 2002,January,09,Wednesday 9:33 PM
To: OBC Topica
Subject: Re: [obc] Home/Tenants Insurance with no limits on Bicycles?


I'm interested to hear (read) the answers on the forum, so please post them.
My understanding is it is getting more and more rare.

Dumb story: I asked about why the new "riders" for bikes. The response was
"there is quite a black market in stolen bikes". My reply was "So say my
place burns down, and the bikes are ruined, would they be covered for
replacement value, even if I don't have the special bicycle "riders"?

One company said "no, same $1000 limit"
"why is that, they weren't stolen, they were burned."
"It's because there is quite a market in stolen bikes"

???? puzzled pause was inserted intentionally, by me, into the conversation,
followed by:

"And so, I guess, also in burned bikes too?"

They lost my business to the company who said the don't cover for stolen
(unless "alll perils"rider" is purchased), but would cover for fire.
However, despite my requests, nobody has written it down.

Anyway, let's hear about them good policies.

Paul



----- Original Message -----
From: "Aaron Fillion" <[EMAIL PROTECTED]>
To: "OBC Topica" <[EMAIL PROTECTED]>
Sent: Wednesday, January 09, 2002 19:24
Subject: [obc] Home/Tenants Insurance with no limits on Bicycles?


> Can anyone tell me which insurance companies in Ottawa that provide
Home/Tenants
> Insurance, have a plan that does not have an exclusion on bicycles?
>
> My current Tenants Insurance plan has an exclusion that states they only
cover
> up to $1000 of bicycles and related parts and to cover any more I have to
get
> riders. Because of the cost of the riders, I feel my current policy is too
> expensive, and I want to switch to a different company.
>
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