FAQ

Many cyclists think their bicycle is covered under another insurance policy they may have, such as home & contents insurance. They may only find out they’re not sufficiently covered when it’s time to claim, and by that point it’s too late. What many cyclists don’t realise is that most home & contents policies have low limits on coverage for sporting equipment (like bicycles). Low limits mean that your bicycle might only be covered for a stated policy limited amount like £500, even if you paid £5,000 for it. Along with this, home & contents insurance policies rarely provide any coverage if you have an accident or your bike is stolen away from home. To find out how well your bike is covered under your home & contents policy, here are some questions you can ask your current or potential insurer:

   
• Do you cover my bicycle if I ride it and crash it?
   
• Do you cover my bicycle for theft away from home?
   
• Do you provide coverage for bicycles for their full value, or are there coverage limits on the policy?
   
• Do you insure my bicycle for accidental and malicious damage?
   
• Do you provide coverage for racing?
   
• Do you provide coverage for traveling with my bicycle?