How much does BikeInsure pay for a theft claim?

When optional Bike Theft Insurance is selected, and the insured bicycle or e-bike is stolen, BikeInsure pays the replacement-cost value for equipment of substantially similar kind and quality, without deduction for depreciation, which may be based on a newer equivalent model, including listed accessories, up to the Item Amount of Insurance shown on the Declarations page, less the $150 deductible.

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Coverage applies only when the bicycle or e-bike itself is taken. Accessories left behind and personal items stored in accessories are not covered.

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