Premium calculation · Vehicles
Bicycle insurance
In our own estimate, the basic example costs from €28 to €33, depending on the company. From there, 3 tables with 12 bands in all raise or lower the price: the same steps at every company, at another height.
The prices are our own estimates, and they can be wrong. They are not offers or an official ranking, and we sell no insurance. The algorithm is public. Why
The prices of each company are our own estimate. They come from our own research of the market and our judgement as people of the industry. They are not a price that the company publishes. We can be wrong, and the order of the ranking is more reliable than the exact price. Only the company gives the real price, with all your details. None of the 5 companies gave us a price.
The reference case
The price of the example is the one the comparison shows for these answers: the base of each company, the rates on the sums insured, the factors and the extra covers of the example.
- Type
- Bicycle
- Bicycle value (€)
- 900
- Cyclist's age
- 35
- Postcode
- no postcode - the average of Greece
- The reference tier
- Third-party liability
- €28 - €33
The tiers
The price of the basic example by tier, base and percentages on the sums insured, at the company with the cheapest and the company with the dearest estimate.
| Plan | Cheapest | Dearest | Spread |
|---|---|---|---|
| Third-party liabilityCovers the damage you do to others. · the reference tier | €28Anytime | €33Generali Hellas | +18%5 companies |
| With personal accidentCovers you as well. | €41Anytime | €50Generali Hellas | +22%5 companies |
| With theftCovers the bicycle itself as well. | €122Anytime | €140Generali Hellas | +15%5 companies |
The factors
Every insurer has the same bands, but its own coefficients
Every figure is one table of the calculation. The two columns in each band are the cheapest and the dearest estimate for the basic example.
From × 1.00 to × 1.53 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table with the figures
| Band | Anytime | Generali Hellas |
|---|---|---|
| bicycle | × 1.00 | × 1.00 |
| e-bike | × 1.53 | × 1.26 |
From × 1.00 to × 1.15 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table with the figures
| Band | Anytime | Generali Hellas |
|---|---|---|
| up to 17 | × 1.15 | × 1.08 |
| 18 - 29 | × 1.00 | × 1.00 |
| 30 - 64 | × 1.00 | × 1.00 |
| 65 and over | × 1.08 | × 1.04 |
From × 0.95 to × 1.10 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table with the figures
| Band | Anytime | Generali Hellas |
|---|---|---|
| Attica | × 1.10 | × 1.10 |
| Thessaloniki | × 1.05 | × 1.05 |
| Large cities | × 1.00 | × 1.00 |
| Rest of mainland Greece | × 0.95 | × 0.95 |
| Islands | × 0.95 | × 0.95 |
| Greece, national average | × 1.02 | × 1.02 |
Rates on the sums insured
Whatever is priced on a sum you declare, the value, the building, the capital, enters the price before the factors.
| Cover | In tiers | Cheapest | Dearest |
|---|---|---|---|
| Bicycle theft and damage: 7.6% of €900on €900 | Covers the bicycle itself as well. | 75.6‰€68 · Anytime | 83.2‰€75 · Generali Hellas |
Extra covers
A flat price a year, unless the tier already includes it.
| Cover | Inside the tier | Cheapest | Dearest | Spread |
|---|---|---|---|---|
| Legal protectionA lawyer at the expense of the company, when it is disputed who is at fault in a collision. | - | €9Anytime | €11Generali Hellas | +22%5 companies |
| Assistance after an accident or breakdownTransport for you and the bicycle to your home or a workshop, within a radius of a few dozen kilometres. | Covers the bicycle itself as well. | €12Anytime | €15Generali Hellas | +25%5 companies |
| Races and organised ridesA policy may exclude racing. This extension covers it, along with organised club rides. | - | €13Anytime | €16Generali Hellas | +23%5 companies |
Minimum premium: from €16 to €19 depending on the company. No price falls below its own.
Instalments: in two halves the year costs 7% to 8% more, and in four quarters 14% to 16%, by company.