Bicycle Insurance For Theft

A good bicycle insurance company will give you the amount necessary to get a new bicycle that is of the same value and quality as your stolen bicycle.

Bicycle insurance for theft. A bike falls under your personal property section of your home or renters policy and theft is a covered claim. However depending on the value of your bike and your deductible it might not make sense for you to file a claim. Velosurance offers the availability of a multi risk stand alone insurance policy allowing cyclists to insure their bikes for theft physical loss damage and liability. Whether at your home on your auto riding the trail or the road bicycles are rarely covered for theft or damage.

Most specialist insurance policies will cover the full value of your bike in the event of theft or damage in an accident and you will have the added benefit of talking to people who are experienced in dealing with cycling incidents which should make your claims process as smooth as possible. Same goes for renters or condo insurance. Low cost insurance cover. Compare quotes for cover whether you have a mountain or road bike and it gets stolen.

The cheapest basic quote to cover theft only was 76 48 a year from cycleplan while dynamo cover asked for 78 75 but that included overseas theft cover too. Bicycle insurance usually covers theft that occurs at any time of the day. Go to tips to protect your bike against theft for more. Under personal property coverage on most home insurance policies your bike may be covered for what it s currently worth.

A good bicycle insurance company offers options for coverage worldwide. Personal injury cover is often included in the array of bicycle insurance products on offer and some businesses even offer it as a stand alone insurance product. We will also cover you and your bicycle for damage theft and personal accident. We will pay the repair costs if your bicycle is damaged as the result of an accident.

Yes bike theft is covered by home or renters insurance with a few caveats. Cover for personal injuries and loss of income. If your bicycle is stolen we will replace it. You could protect your finances from theft by taking out bicycle insurance.

Where part or. Below are some useful examples on how bicycleinsurance ie can help you. We will cover you and your bike from as little as 2 77 per month based on a bicycle up to a value of 250 and less than 3 years old.