Electric Bicycle Insurance

The importance of e bike insurance.

Electric bicycle insurance. Related reading buying a bike on. At no additional cost bicycle physical damage insurance protection can also include. From an insurance standpoint electric assist bicycles pose a special challenge. Such expensive price tag make your e bike a target for thieves.

When it comes to getting e bike insurance you start with the overall value of your electronic bike and then looking for the type of coverage that best suits your needs. A cheap electric bike can cost somewhere around 1000 and an expensive electric bike can cost up to 15 000. Velosurance offers the availability of a multi risk stand alone insurance policy allowing cyclists to insure their bikes for theft physical loss damage and liability. Most people assume their homeowners or umbrella insurance policies extend to their e bikes.

Markel offers a stand alone e bike insurance policy that insures e bikes with power assist up to 750 watts with speeds up to 28mph. Insure your electric bike against inconvenient events such as theft or accidental damage. Electric bike insurance is essential as they can be expensive to repair. Our bicycle insurance comparison tool allows you to compare policies on all of these points and is the simplest way to find the best insurance for road bikes.

Electric bikes are expensive most of bicycle insurance won t cover electric bikes as electric bikes cost more than bicycles and they have different accidents and incidents. The good news is that most forms of insurance for electronic bicycles is relatively inexpensive and often costs on average 200 or less per year depending on a number of factors. Electric bike insurance does exist and it provides coverage between auto home and renters insurances where there are gaps and fine print exclusions. Insurance for electric bikes.

E bike insurance is readily available and affordable. In those rare cases the liability limits on your homeowners renters or condo policy will generally cover you if the accident was your fault. Markel s electric bicycle coverage protects the ebike from theft damage and more. Protection for spare parts and accessories up to 500 in coverage for spare parts and 500 for riding apparel per claim 1 000 total per policy term.

Replacement cost coverage your bike is insured at full value. To insure your bicycle just get a homeowners renters or condo insurance quote online or call 1 866 749 7436 to speak to an expert insurance rep. Theft protection at or away from home.