Bicycle Insurance

What is bicycle insurance?

Bicycle insurance is specialized coverage to help protect you and your bike from instances of damage, theft, or liability. Most homeowners or renters policies may have low limits on sporting goods equipment such as bikes, and cyclists are surprised to learn damage to their bike or e-bike may not be covered under their current property insurance policy. That's why having a separate bicycle insurance policy can help provide better coverage for your bike. The GEICO Insurance Agency has teamed up with Markel American Insurance Company to bring you bicycle and e-bike insurance.

Why buy bicycle or e-bike insurance?

Purchasing bicycle insurance is a great way to help protect you and your bike or e-bike from the unexpected.

Markel's policies offer a wide variety of coverage, with customizable bike insurance policies starting as low as $100 per year.*

How much does bicycle and e-bike insurance cost?

Cost varies depending on the value of the bike or e-bike, type of bike, how the bike is used, the coverages chosen, etc. Bicycle policies start as low as $100 per year.*

Bicycle Insurance and E-Bike Coverage Options

• Bicycle physical damage: Primary coverage for the cost to repair or replace the bicycle: coverage if the insured bicycle is involved in a collision, fire, theft, or vandalism.
  Additional coverage offered at no additional cost includes rental reimbursement, competitive event fee reimbursement, spare parts, and cycle apparel.
• Bicycle liability: Primary coverage for the injuries or property damaged (caused by insured bicycle) that the insured is legally responsible for. Coverage limits vary.
• Medical payments: Covers medical expenses of the cyclist if they are injured while on the insured bicycle, regardless of fault. Coverage limits vary.
• Vehicle contact protection: If the insured cyclist is struck by an uninsured or underinsured motorist while on the insured bicycle.
• Roadside assistance: Available for $12 per year. This includes a 24-hour emergency service, up to 25 miles per tow, and five tows per year.

What types of bikes are covered?

GEICO Insurance Agency in collaboration with Markel, offers bike insurance for a wide range of bicycles to help better protect you and your ride.

• BMX bikes: Built for stunts, tricks, and racing, BMX bikes are designed to be tough and lightweight.
• Mountain bikes: These rugged bikes are designed for off-road terrain. They feature wide tires, sturdy frames, and shock absorbers to handle rough trails and steep climbs.
• Road bikes: Designed for speed and efficiency on paved surfaces, road bikes are lightweight with narrow tires and drop handlebars, perfect for long-distance rides and racing.
• Recumbent bikes: With a laid-back, reclined seating position, recumbent bikes offer a more comfortable riding experience.
• E-bikes: Electric bikes come with battery-powered assistance, making commutes easier and allowing riders to cover longer distances with less effort.
• Tandem bikes: These two-seater bikes allow two people to pedal together, making them ideal for partners or families who want to enjoy cycling together.
• Commuter bikes: Designed for everyday use, commuter bikes are practical, durable, and built for comfort, making them ideal for urban riding and daily commutes through city streets.

What is Not Covered by Bike Insurance

While bike insurance through GEICO Insurance Agency offers great coverage, there are certain things it doesn't cover, including:

• Normal wear and tear
• Mechanical breakdowns
• Intentional damage

Get a Bike Insurance Quote Today

Get a bike or E-bike insurance quote online through GEICO or speak to an insurance specialist at (855) 591-9785.

Mon – Fri: 8:00 AM – 7:00 PM (ET)

Sat: 10:00 AM ‐ 4:00 PM (ET)