I've had a bike insurance policy with Sundays Insurance for over a year and have now cancelled it. I like the company, but I realised I was paying for a pretty bad deal. Bike was only worth £200 and if I ever made a claim, I'd have to fork out £100 just to get a new bike if it ever got lost, broken or stolen. So I might as well just buy a brand new bike...
Sadly it seems as though if you tell them that you have taken the extra steps to ensure security of your bike like I did (GPS tracker; BikeRegister database; etc), they won't reduce the amount you pay on insurance.
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