People on such bikes are a common sight in the Twin Cities as residents increasingly embrace them for shopping and family outings — sometimes taking the extreme step of replacing a car with a cargo bike.
That insurance cost is CRAZY. That’s 1% of the cost of your bike every month. I.e. you’ll have paid your bike in insurance premium in 8 years. This policy is only valuable if you expect your bike to need “total replacement” which I assume means it’s stolen, more than every 8 years?!
Just put that money in an account and you can buy a new bike every 8 years for “free” as your insurance policy.
That insurance cost is CRAZY. That’s 1% of the cost of your bike every month. I.e. you’ll have paid your bike in insurance premium in 8 years. This policy is only valuable if you expect your bike to need “total replacement” which I assume means it’s stolen, more than every 8 years?!
Just put that money in an account and you can buy a new bike every 8 years for “free” as your insurance policy.