Re: Best way to move bikes across country?
Posted: Fri Mar 28, 2014 3:20 pm
Yeah, i'm calling to see what it would cost to get them rolled into my renters insurance policy -- which I confirmed will cover all my stuff on the relocation trip.
What worries me about that is if you have 2 claims on your insurance policy, you are totally blacklisted from getting insurance again; or your rates are going to be insanely high. We had a claim on our homeowners insurance a little over a year ago before we sold our house -- pipe burst in the winter, and caused $30k worth of damage. They covered all of it, but when we went to switch to a new policy (renters), our cost of insurance was more than for homeowners. They said that it was because of the claim... and the research I've done indicated more than 2 claims on a policy, and your in trouble. Anyway, not a reason to not get them covered, but just some thing to consider.
What worries me about that is if you have 2 claims on your insurance policy, you are totally blacklisted from getting insurance again; or your rates are going to be insanely high. We had a claim on our homeowners insurance a little over a year ago before we sold our house -- pipe burst in the winter, and caused $30k worth of damage. They covered all of it, but when we went to switch to a new policy (renters), our cost of insurance was more than for homeowners. They said that it was because of the claim... and the research I've done indicated more than 2 claims on a policy, and your in trouble. Anyway, not a reason to not get them covered, but just some thing to consider.