What types of Bicycle Insurances are available?
This is one of those “it depends” answers. You need to be clear on what type of insurance you want and need. Simply put, do you want theft coverage if your BMX gets stolen from your garage? Do you have a carbon-fibre wunderbike with a $5,000 wheel set that you race on the velodrome, and want coverage from damage? Do you race mountain bikes and need coverage from damage after jumping it 10 ft off a drop? Or are you a boy / girl racer who loves a weekly hammer session but want public liability coverage in case the bunch ride comes down in a heap? Maybe you want to take your steed on an overseas holiday and are dreading how Airline baggage handlers might treat your pride and joy. So to sum up the ‘it depends’ answer – choices include: Theft Insurance / Damage coverage / Public Liability Coverage / Travel Insurance / Racing & Sporting event coverage. In many cases, your household / renters / automobile insurance can be upgraded to include coverage for bicycles. Be aware that you might need
