My bicycle got stolen will car insurance cover it?
S asked:
I’m 15 and my bike got stolen Friday night. I forgot to lock it up. It was Electra and it was $707.00. I haven’t told my parents yet. Will their car insurance cover it?
Something totally irrelevant to this, I also missed the bus today and didn’t go to school because of it. I’m thinking tonight’s a good time to break the bike news so I can also break the skipping school news right after that so it doesn’t seem nearly as bad.. Good idea, yes?
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It depends where you live, but I am pretty sure their car insurance won’t pay for it, since it wasn’t well a car. Just be in for some yelling, they will probably think you are irresponsible for not locking the bike up and might not get you another one. And as far as skipping school that is just another reason for them not to trust you.
Car insurance won’t pay for it, but, theres a good change that their homeowner insurance will. You’ll just have to check.
Their auto insurance might pay for it. Some do, some don’t. If they have homeowners insurance or renters insurance that will definitely pay for it.
I think telling everything at once is the best idea. Rather to get it all out and not prolong the angry reaction. Do not give them much time in between. It is better to deal with all the anger once than to deal with two instances of anger.
If it was stolen from the house, homeowners’ insurance might cover it. Your failing to lock it up might give the insurer an out. If it was stolen while on a bike rack on the car, the car insurance might cover it, but your failure to lock it up might give the insurer an out.
If the insurance pays, it will pay the market value of the bike when it was stolen, not what it cost and not the replacement cost (unless the insurance policy says it will pay replacement cost).
If I were a parent, I would be more upset about you missing school. The bike is your problem.
The car insurance won’t cover it. It’s your mode of transport yes, but it’s not a car. If it were a motorcycle or a moped then it can be insured under their car insurance. But a regular bicycle? No.
They’re gonna be really ticked off because it was an expensive bike, first of all. But I think they’ll be more worried about the fact that you skipped school. Your best bet is just to come out with it. Whatever they say you need to face it and take responsibility. If you let them know that you’ll accept and comply with whatever punishment they choose for you, you’ll start to show them that you’re really sorry. It’ll also show them that you’re acting like a grown up, and they may start to trust you again.
Good luck there buddy!
Only if it was inside the car or trunk.