The modern bicycle has developed greatly and is now an ever more complex and expensive machine. E-Bikes being the a recent invention. Cycling is becoming increasingly popular for leisure, fitness and business. As the cost of fuel rises, more of us are turning to cycling as a healthier, more economical and greener way to travel. The pandemic also encouraged many to get out on their bikes to explore their local surroundings.
Bicycle insurance policies are normally far cheaper than for a car or motorbike for obvious reasons, however you may find the risk to your bike is higher, with thousands stolen across the UK every year. With more specialist bikes on the market, the cost of replacing them is high and therefore insurance becomes all the more important.
Cycle insurance policies are not mandatory, but more of us are considering taking out specialist cycling policies. Sometimes bikes can be covered on home insurance policies, but, if the bicycle costs more than a few hundred pounds, you may find cover is too limited. Home insurance is also unlikely to cover you for injuries as a result of a cycling accident and if you cycle competitively that is a different matter altogether!
The partners on our site are specialists in this niche insurance:
The Insurance Emporium offer many kinds of leisure related insurance and have a great reputation for well-designed policies. Their cycle insurance covers loss, theft and accidental damage as standard but they also have a host of optional additional benefits. These include cover for bicycle trailers, cover for within Europe, competitive use and public liability insurance.
Sportscover Direct offer travel insurance policies which can be tailored for your specific cycling requirements such as BMX cycling, cycle touring, cyclocross or mountain biking. They can also offer top up insurance to any other standard travel insurance to cover cycling activities. This would suit those who are possibly only having a one-off cycling holiday.
Compare standard travel insurance policies too as some may offer enough cover. Check the sports and activities section in their policy documents carefully before purchasing. If cover is not adequate then you could consider topping up with the Sportscover Direct option.
Another option available for our customers is via our associates Quotezone where you can retrieve instant competitive quotes for your bike insurance, to then compare to any other results you have received elsewhere. Simply click on the Get A Quote button at the top of the page to get started.
You could pay less than £36 for bicycles valued up to £1500*
*51% of customers with a bicycle valued up to £1500 who obtained a quote for Bicycle Insurance through this service provided by Seopa Ltd during September 2023 were quoted less than £35.12. Using the same calculation for bicycles valued between £1500 and £3000 gave a figure of £68.66 and for bicycles valued over £3000 gave a figure of £143.54. The quote price you could achieve is dependent on your individual circumstances.
This content was last reviewed on 27/10/2023