Bicycle insurance can be really expensive form of insurance because of the high chance of theft. If you are happy to ride a cheap second hand bike , investing in a good padlock and chain may be more beneficial than having to pay an expensive insurance policy.

If you have an expensive bike and do want insurance, Cycleguard.co.uk may be able to provide extra and more specific policies. Just be careful not to pay over the odds because of  the insurance companies' 'expertise' status.

If you buy your bike with a credit card with purchase protection, you may be able to claim for another bike should it get stolen within a short period of time after purchase. All you need is an official crime number from the police to claim another bike – check with your credit card company for more details.