What is bicycle insurance?
Bicycle insurance covers you for injuries and property damage you cause while riding your bike. It can also pay to repair or replace your bike if it's lost, stolen, or damaged if you carry comprehensive and collision coverages. You may also have the option to buy additional coverage for roadside assistance (for flat tires, mechanical issues, etc.) and personal belongings that are lost or damaged while using your bike.
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What does bike insurance cover?
Bike insurance generally covers you for injuries and property damage you cause while riding, as well as damage to your bicycle if you buy optional coverage for physical damage (comprehensive and collision). You may also have coverage for personal liability and bike theft through your homeowners, condo, or renters insurance. Exactly which policy provides primary coverage may vary by insurer.
Here's a quick breakdown of what a typical bicycle insurance policy and homeowners policy may cover:
| Coverage | Bicycle insurance | Homeowners insurance |
|---|---|---|
| Injuries and damage you cause | Bicycle insuranceYes | Homeowners insuranceTypically, yes, under personal liability coverage |
| Injuries to yourself | Bicycle insuranceYes, if you have medical payments coverage | Homeowners insuranceNo |
| Collision damage to your bike | Bicycle insuranceYes, if you have collision coverage | Homeowners insuranceTypically, no |
| Other damage (fire, weather, animal collisions) | Bicycle insuranceYes, if you have comprehensive coverage | Homeowners insuranceNo |
| Custom parts & accessories | Bicycle insuranceUsually, if you have comprehensive coverage | Homeowners insuranceNo |
| Damaged personal belongings | Bicycle insuranceYes, if you purchase additional coverage | Homeowners insuranceVaries by insurer |
| Theft and vandalism | Bicycle insuranceYes, if you have comprehensive coverage | Homeowners insuranceVaries by insurer |
| Flat tires and other roadside services | Bicycle insuranceYes, if you have roadside assistance coverage | Homeowners insuranceNo |
Pro tip:
If you have medical payments coverage (MedPay) or personal injury protection (PIP) on your auto insurance policy, you may be covered for injuries you suffer in a collision while riding your bike. Check with your insurance company or agent to see if filing a claim under your MedPay coverage makes sense for your situation.
How does coverage for my bicycle differ while at home versus on the road?
A bicycle insurance policy typically applies while you're on the road, though some coverages may apply while your bike is at home too. For example, your bike policy's comprehensive coverage would still apply if your bike was stolen from your front porch rather than a public bike rack. Other coverages, such as roadside assistance, may also apply while your bike is at home.
Check with your insurer to see how your specific coverage applies when you're not riding your bike.
What types of bikes are covered?
You can find coverage for many different types of bicycles, including:
BMX
Mountain bikes
Road bikes
Recumbent bikes
E-bikes (electric bikes)
Tandem bikes
Does Progressive offer insurance for mountain and road bikes?
Progressive offers insurance for e-bikes — bikes with an electric motor — including class 1, 2, and 3 e-bikes.* Liability coverage for e-bikes starts as low as $75 per year.** You can add coverage for physical damage, roadside assistance, and more. We also cover custom parts and accessories for up to $3,000 automatically when you add comprehensive coverage, with the option to purchase up to $30,000 in additional coverage. Learn more about how electric bikes work.
Is bike insurance worth it?
Bike insurance may be worth it if you frequently ride your bike, especially if you use it for commuting, shopping, or other daily activities. If you own an expensive bike, such as a mountain bike, then bicycle insurance may be even more valuable to you since it may cover your bike for its full replacement value.
If you rely on your homeowners insurance policy to insure your bike, you may not receive a large enough payout to replace your bike with a comparable one as some companies have specific limits for things like bicycles. Plus, homeowners insurance deductibles tend to be pretty high, so if the cost to replace your bike is actually less than your property coverage deductible, your insurance wouldn't cover it. You may be able to purchase additional coverage by adding your bike as scheduled property on your current policy. Or, you can buy a separate bicycle insurance policy and insure it for its full value, including the value of any custom parts.
How to insure your bicycle with Progressive
Current Progressive customers
Call us at 1-866-749-7436 and check if your home, renters, or condo policy can cover your bicycle. Or, log in to your policy and adjust the coverages on your e-bike insurance policy.
New Progressive customers
Get a home insurance, renters insurance, or condo insurance quote online or call us at 1-866-749-7436. Have an e-bike? You can quote e-bike insurance online or call us at 1-866-749-7436 too.
Quote homeowners insurance online or call for advice
Learn more about home insurance policies.
