How much does bike insurance cost?

BikeInsure annual policies start at approximately $18 per month for accidental damage coverage and $22 per month when optional theft coverage is included, each with a standard $150 deductible and no additional fees.

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The cost of bike insurance depends on three primary factors:

• Usage type — Bike Ride Insure (Casual), Bike Race Insure (Competitive), or Electric Bike Insure (E-Bike)

• Amount of insurance — the insured value of the bicycle or e-bike and listed accessories

• Optional theft coverage — whether Bike Theft Insurance is selected

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BikeInsure policies feature a $150 deductible per occurrence, among the lowest standard deductibles available in the bicycle insurance industry.

Coverage territory also varies by usage type:

• Bike Ride Insure (Casual) and Electric Bike Insure (E-Bike) apply within the United States and Canada

• Bike Race Insure (Competitive) includes worldwide coverage territory for casual riding, racing, and international transit with the bike

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Examples:

• A $5,000 bicycle (including listed accessories) used for casual riding, training, or individual and group rides can obtain coverage under Bike Ride Insure (Casual) with accidental damage coverage and theft protection for about $22 per month with a $150 deductible.

• A race bike with a total insured value of $3,500 (including listed accessories) can obtain an annual BikeInsure policy under Bike Race Insure (Competitive) with accidental damage coverage for about $32 per month with a $150 deductible, including a USA Cycling or USA Triathlon member discount.

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The best way to determine your exact cost is to get a quick quote online in just a few seconds.

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