Protecting a new bike is a significant investment, and it’s essential to ensure you have coverage for all possible scenarios. Bicycle insurance can provide you with peace of mind and protect your investment.
In the event that you need to file a claim, you’ll appreciate having taken the time to research and obtain appropriate coverage.
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Best electric bike insurance
When selecting an insurance policy for an electric bike, it is important to consider how well the policy aligns with the practical aspects of owning an electric bike. One such consideration is the increased weight of electric bikes, which may lead to storing them outside the home and using them for commuting. In this case, Bikmo’s flexibility in covering outbuildings and cycle hangers may be an attractive option.
Certain insurers, including Sundays, permit you to secure your electric bike in a communal area, like a shared garage. However, it’s important to carefully review the details of each policy. For instance, Sundays stipulates that the bike “must not be visible to the General Passing Public and or visible from outside the building.”
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If you’re unsure whether your bike’s storage location is covered, don’t hesitate to ask your insurer for clarification. Additionally, electric bikes are frequently a person’s secondary mode of transportation, but this trend is shifting as motor-assisted bikes are becoming more popular for commuting. Therefore, it’s worthwhile to compare insurers to find the one with the best multi-bike discount.
Best road bike insurance
Cycling on a road bike exposes riders to various uncontrollable factors like traffic. No matter how cautious or skilled you may be at riding, unexpected mistakes made by others can catch you off guard.
If you ride a road bike for commuting or recreation, it’s crucial to opt for an insurance policy that includes comprehensive third-party liability coverage in case you’re involved in a collision. Similarly, having adequate personal injury coverage can be valuable in the event of a serious accident or injury.
Every insurer offers coverage for personal accidents and third-party liability to some extent, but it’s important to carefully read the policy’s details and think about what coverage is most important to you. For instance, do you prioritize a substantial payout in the event of a serious injury over comprehensive coverage for dental or physiotherapy?
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Road cyclists may also benefit from additional add-ons, such as recovery policies similar to those available for cars. Bikmo and Yellow Jersey, for example, offer policies that provide transportation to a bike shop or home in case of a breakdown or other emergency.
Best mountain bike insurance for you
If you own a high-end mountain bike that costs upwards of £10,000, replacing it if it gets stolen or damaged can be a huge financial burden. To determine the right coverage for your needs, consider how often you use your mountain bike. If it’s mostly stored inside your home and only used occasionally, a lower-tier policy, particularly for theft and accidental damage, may be adequate. Most insurance providers offer varying levels of coverage, so be sure to compare and choose the one that best suits your needs.
If you store your mountain bike outside, be sure to carefully review the policy details. Does the coverage extend to wooden sheds, or is a metal shed required? Is it necessary to secure the bike to a ground anchor or immovable object inside the shed? It may be worthwhile to invest in additional security measures for your bike shed.
For frequent trail riders, it’s important to look for a policy that offers comprehensive personal injury protection, including coverage for dental and physiotherapy expenses in case of accidents.