Mountain Bike Insurance Cost

Statistics show that active riders are more vulnerable to injury and property damage which a low cost insurance policy may cover.

Mountain bike insurance cost. We ll provide up to 500 per claim and 1 000 per policy term for any damage or loss to additional and expensive cycling apparel if you file a claim on your bike for damage or theft. How much does a policy cost. 25 000 50 000 or 100 000 per occurrence. Usa cycling usa triathlon and international mountain bicycling association members benefit from an additional 10 discount off of their annual premium.

The annual premium to insure a bicycle starts at 100 per year and settles at very reasonable premiums that depend on the various options you select. We will protect you from personal liability injury sickness death or damage to property you cause while riding your bike. A mountain bike also represents a considerable investment especially for the top of the line models so having insurance protection is only natural for those who ride them more than occasionally. The value of the bike becomes an important factor in the situation.

A driver crashes into your bike. If the at fault driver is uninsured then you ll want to file a claim on your homeowners renters or condo policy. Markel s average policy costs between 250 and 300 per year which is a small price to pay for those who have bicycles worth thousands of dollars. Buying the bike is just a part of the financial outlay.

If you re riding your bike and involved in an accident where the other party is at fault e g they crash into you their auto insurance policy covers the damage.