Bicycle Insurance Theft Only

The reality is bikes get stolen a lot.

Bicycle insurance theft only. A good bike lock can only get you so far when it comes to preventing bike theft. Electric bike sales are soaring among commuters as an alternative to using buses and trains during the pandemic. The kbc bicycle insurance covers you against theft of and damage to your bicycle along the way. Specialist insurance is the only way to get your bike covered for theft from the street this means if anything should happen to your bike anywhere you will most likely be covered.

Proper coverage can make that terrible day a whole lot better. Insuring your bicycle is easier and more affordable than ever. Bicycle physical damage insurance protection covers repairs or replacement of your bike if it is damaged or goes missing. You pick the value limit of your bike and we can cover things like vandalism crash damage or a collision with another rider.

You re typically protected if the bike is stolen or vandalized pretty much anywhere including your home garage at the park etc. Your personal accident insurance also provides compensation for the expenses that your health insurance and hospitalisation insurance don t cover following an accident. The good news is that specialist bicycle insurance doesn t only cover theft but should also pay out for accidental damage or vandalism. But there are a few exceptions.

You should check whether the policy includes any third party liability cover just in case you injure another person or damage their car or bicycle. Same goes for renters or condo insurance. The cheapest basic quote to cover theft only. Under personal property coverage on most home insurance policies your bike may be covered for what it s currently worth.

Again be aware that a bicycle insurer may only pay any costs associated with loss of income that are beyond what you re entitled to receive through other insurance policies such as compulsory third party linked with vehicles any statutory benefits or income protection cover which often comes as an option with life insurance policies through. Any individual in your activity can claim damages as a result of an injury.