We are all different in the way that we ride our bicycles. From BMX, Road Bike, or mountain bikes – each model has its individual use. That’s why we love them so much. Their speed, versatility and ease of use are just some of the reasons we get excited to wake up and cycle. But we should always be prepared and ensure we have protected the equipment that we hold so dear to our hearts.
Like with our bicycles, we’re all different in the way we ride them too. It wouldn’t make sense for everyone to have a blanket bicycle insurance policy. We all use our bikes in very different ways, so it is important to find the right cover for you.
In this guide, we’ll take you through the different types of covers that you can get. Hopefully, you’ll find one just right for you.
Depending on how you use your bicycle, you’re going to need different types of insurance. Blanket insurance or home insurance may not cover the way that you use your bicycle, nor all the items that are required when cycling.
Here are the top four types of insurance cover:
There is no doubt that bicycles, no matter the type of model, are not cheap. The higher the performance that you want and need, the more expensive it will become. But that’s pretty obvious.
What many cyclists don’t’ account for is the cost of all the accessories that you have to purchase to go with it.
Below is a list of the common accessories that you’ll need when cycling:
Helmet
Bike Lock
Lights
Sunglasses
Luggage
Pumps
Bottle cage
Bike clothing
Specialist Shoes
All of these little things that seem like small one-off purchases, actually end up amounting to quite a significant amount that would come close to the cost of your bicycle. If you ever get into an accident, or you find that you have items missing or stolen, it’s going to be a considerable cost to get them replaced.
Make sure you think about your accessories by ensuring you take out an insurance policy either solely dedicated to the accessories or an insurance policy that has them included as an optional extra.
If you’re getting more serious about your cycling and are thinking about entering a competition shortly, you’re going to need to take out some specific competition insurance.
Typical bicycle insurance policies do not cover you if:
You’re using it for business purposes
You’re using it for competitions
You fail to secure your bicycle in a safe place
The risk of an accident in competitions is far higher than it otherwise would be if you’re going on a casual ride with some family or friends. The physical impact that the bicycle may take is way beyond the general wear and tear that insurance policies cover.
Therefore, if you’re thinking of taking the plunge into competitive cycling – take out an insurance policy to make sure you’re covered and can carry on competing.
Taking your bicycle for a warm, fun-filled cycling holiday – you’re going to need some insurance. Most insurance companies may include insurance if you travel with your bicycle, however, if you’re going on a ‘cycling holiday’ you’ll need specific insurance.
Not only do foreign travel policies protect your equipment from thieves and crashes, but they can also include coverage for things like travel money and other necessary cycling items.
Ease your mind knowing that nothing can go wrong on your cycling holiday. And if the worst happens and it does, you’ll be fine with the insurance coverage that you took the time to invest in.
Have a browse of the various cycling holiday insurance policies available via our website comparison. Be sure to explore exactly what the various policies include when it comes to foreign travel insurance so that you can get your money’s worth.
There are loads of bicycle insurance policies on the market which makes it hard to decipher which is the right one for you.
Whichever you choose, ensure that it has personal and public liability insurance included. Not only does it cover the bike, but it also covers any injury cover you may be a victim of or have accidentally caused.
We all know that cycling isn’t always the safest of sports, especially when travelling at high speeds.
No matter if you’re a newbie cyclist or a professional, no one can say that they’re not at risk. You never truly know what is around the corner and whilst you may be the safest carer of your equipment, the problem is that not everyone may be like you.
If your injury forces you to have to go to the hospital, have dental surgery or any physiotherapy, personal and public liability insurance will have you covered so that you don’t need to worry about how you’re going to pay the bills and can focus on your speedy recovery.
Unfortunately, sometimes we may be the ones responsible for the crash and injury of another person. Have peace of mind in knowing that your public liability will compensate those that have been injured or bikes that have been damaged in accidents that you may have caused.
We’ve covered in a series of articles plenty of information surrounding bicycles and bicycle insurance. By now, you should be able to know what bicycle insurance is, whether you need it now, and the types of insurance that are available.
Protect yourself and your equipment against the worst. We’re not saying that you’re going to crash, or that there is a high chance that you will become injured or your bike damaged. But insurance is there to protect you when the worst happens, even if it is unlikely.
Most cyclists spend an awful lot of time and money on their cycling journey. It truly is an investment, but the feeling on the bicycle is worth it. Protect your love for cycling while ensuring your insurance policy is right for you.