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Bicycle Insurance

You've spent your time choosing a new bike and your money buying it. Whether you've spent £100 or £2,000, it makes sense to protect it. Could you afford to replace your bike if it was stolen or damaged? Statistics show that around 400,000 bikes are stolen every year, over 100,000 bikes were reported stolen in the UK last year alone.

Around 26,000 cyclists a year are involved in accidents. Although improvements have been made to reduce the risk of accident on many cycling routes in Britain’s towns and cities, there will always be a potential risk for bicycle riders. 

What Would You Do If The Following Happened?

Your bike was damaged or stolen. Could you afford to replace it? Unfortunately theft, loss and accidents can and do take place, that’s why it pays to think ahead and make arrangements to cover yourself and your bike against any unexpected incidents. More and more people are now choosing insurance. Insurance is a safe-guard, a must if you don't want to lose out financially should something go wrong.

What’s Covered?

Bicycle Insurance covers a number of eventualities such as cover for fire, theft, accidental loss and damage to the insured bicycle and specified accessories, normally up to the sum insured value. Policies can also provide:

  • New for Old cover if your cycle or equipment is totally destroyed or stolen within a certain time period;
  • Hiring of Replacement equipment as a result of an insured loss;
  • Emergency Recovery, important if your unable to continue your journey;
  • European use, invaluable whilst cycling on the continent.

Personal Accident protection is also included and provides cover for accidental injury whilst using the insured bicycle, plus Public Liability cover, which is essential as society becomes evermore litigious. 

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