How do Bike Insurance vs On-Bike Injury Insurance differ?

Bike Insurance covers bikes against financial risks from riding, transit, and theft. On-Bike Injury Insurance reimburses out-of-pocket accident medical expenses.

BikeInsure solely offers Bike Insurance.

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Bike Insurance

Comprehensive bicycle coverage that requires cyclists to opt in for quick sign-up. BikeInsure protects your bicycle, ebike, tricycle, or adaptive cycle and all listed non-stock attached accessories and components against financial risks associated with riding, transit, and theft. While it is true that cyclists likely have homeowner's or renter's insurance, experts advise homeowners to view a home insurance policy as catastrophic home loss protection rather than for personal items like bicycles. Even with a 'Scheduled Insurance Rider' for your bikes, making claims on your homeowner's insurance can lead to significantly higher premiums and increase the risk of your policy not being renewed.

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The best way to insure a bike or ebike is to enroll in separate bike insurance, such as BikeInsure. One of its best features is that filing a claim with BikeInsure does not affect your other insurance policies. This means you can fully protect your bike while safeguarding your homeowner's insurance — a true win-win!

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On-Bike Injury Insurance

Out-of-pocket medical expenses resulting from a cycling accident are often beyond the scope of healthcare insurance because deductibles and out-of-pocket limits the insured is responsible for are usually relatively high.

Injury insurance does NOT cover any bicycle equipment. Instead, it provides support for injury claims that qualify for reimbursement of out-of-pocket costs associated with or without your primary health insurance. This includes expenses such as deductibles, copayments, and coinsurance related to ambulance transport, emergency room visits, hospital stays, physical therapy, and more.

Here is an example of how the 'On-the-Bike' Injury Insurance works. Blue Cross Blue Shield, the healthcare provider, processed a cycling accident injury claim. The healthcare provider covered $9,185.80 of the total charges, which amounted to $12,525.69. The hospital sent an invoice to the insured indicating that the total patient responsibility is $3,128.47.

The 'patient responsibility' amount, which refers to the out-of-pocket medical expenses, is eligible for reimbursement under the "On-the-Bike Injury Insurance" if you have coverage at the time of a cycling accident.

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Where are two places where I can get On-Bike Injury Insurance?

1) USA Cycling

You might find a suitable USA Cycling membership labeled RIDE+ or RACE+, which includes the 'On-Bike' Injury Insurance benefit.

2) USA Triathlon

USA Triathlon members can sign up separately for a partnership product, Spot Injury Insurance, to financially protect themselves with injury insurance from injuries while training and participating in USA Triathlon-sanctioned events.