What happens if the bike or equipment is damaged, lost or stolen?
It is your responsibility to insure the bike against damage and theft. If the bike is damaged or stolen the hire agreement is not cancelable and you will still be required to pay for the bicycle and safety equipment hired. If damaged, you will also be required to pay for repairs. If lost, stolen or beyond economical repair, you will also have to pay the University the price of replacement. Bikes can be covered by your household content insurance and treated like any other possession. Check your insurance’s policy and make sure it covers the bike nationwide and that it pays for a replacement in case of a “total loss”. Other insurances like Endsleigh, Cyclecover (Butterworth), or Cycleguard cover you in case of loss of or damage to cycle and accessories in a crash, theft of cycle and accessories (but not theft of accessories alone) and malicious damage. Cycling Touring Club members benefit from a third party liability cover, legal aid and personal accident cover.
