What affects the cost of bicycle insurance?

The cost of bicycle insurance is determined primarily by three factors: how the bicycle is used, the Amount of Insurance selected for the bicycle or e-bike, listed accessories, and whether optional theft coverage is included.

These factors determine the premium because they reflect the value of the cycling equipment and the type of riding activity being insured.

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BikeInsure offers three coverage types based on usage:

• Bike Ride Insure (Casual) — everyday riding, commuting, training, and non-competitive cycling within the United States and Canada

• Bike Race Insure (Competitive) — coverage for riders who participate in organized cycling competitions, with worldwide coverage territory

• Electric Bike Insure (E-Bike) — coverage for eligible Class 1–3 electric bicycles used for everyday riding within the United States and Canada

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

Because each bicycle and rider is different, the best way to determine coverage costs is to generate a quick quote online.

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