23-12-11, 12:42 PM
Sounds expensive to me. Join the CTC or if you haven't grown a beard then British Cycling and you get 3rd party insurance. I think joining starts from £30 per year.
However there is no point making insurance compulsory unless it is compulsory for pedestrians too! If the cyclist that hit the car in this story does not have insurance then that fact does not make him any less liable for his actions. Just more likely to be made bankrupt if he can't afford any outcome!
People seem to think insurance absolves them of any worry. However if you do something that has such a big cost then you may find your insurance cover is not big enough! Check it out - cover up to x million. But if you swerve onto the runway at Heathrow and cause a plane to crash into an apartment block seriously maiming and killing a few hundred then I reckon the damages will be over the insured amount. Don't actually try this though....
However there is no point making insurance compulsory unless it is compulsory for pedestrians too! If the cyclist that hit the car in this story does not have insurance then that fact does not make him any less liable for his actions. Just more likely to be made bankrupt if he can't afford any outcome!
People seem to think insurance absolves them of any worry. However if you do something that has such a big cost then you may find your insurance cover is not big enough! Check it out - cover up to x million. But if you swerve onto the runway at Heathrow and cause a plane to crash into an apartment block seriously maiming and killing a few hundred then I reckon the damages will be over the insured amount. Don't actually try this though....