The bike is insured as a separate item and when I upped the insurance I enquired with the advisor that the bike was covered if locked outside to an immovable object, to which he said yes, and as the bike was chained up to the drainpipe at the rear of my house I don't see what the problem is, but I have to wait for the "Home Claims Management Team" to call me back, only downside is I think the company who replace stolen bikes for my insurance company is Halfords and there isn't a great range to choose from.
the boardmans aren't completely horrific bikes... but i could find something far nicer for the same or less cash!
I must say, I don't think i'm alone in saying that riding the bikes for a lot of people isn't nearly as enjoyable as plotting a build in your head, searching for parts, waiting for bits, stripping, cleaning, rebuilding then mounting them to a frame and watching builds take shape piece by piece.
my next build is being done slightly differently. because i don't have the cash to accumulate all the bits now, i'm avoiding the temptation of throwing stuff on it 'just to see' and am slowly but surely putting it together one component at a time! it should be done by xmas with any luck as i'm planning on riding it to work xmas morning! The downside to a build like this is that you get the chance to change your mind quite a bit rather than sticking to plan A!!