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 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 policy. That's why having a separate bicycle insurance policy can help provide better coverage for your bike.

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 polices 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.

What bicycle insurance and e-bike coverages are available?

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 coverages offered at no additional cost include 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.

Need to speak with us?

You can reach us at (855) 591-9785.

  • Mon – Fri
    8:00 AM – 7:00 PM (ET)
  • Sat
    10:00 AM ‐ 4:00 PM (ET)

Bicycle Insurance: Frequently Asked Questions

  • Isn't my bicycle covered under my homeowners insurance?

    While your bicycle may have some coverage under your homeowner's policy, there are usually restrictions on the value of the bicycle and the types of losses that would be covered. A specialized stand-alone bicycle policy helps protect against things that a homeowners policy typically doesn't cover such as theft away from home, coverage for your spare parts and cycling apparel and more. Plus, insuring your bike with a stand-alone insurance policy through Markel means your homeowners insurance rates may not increase if you have to file a claim.
  • How do you determine how much my bicycle is worth?

    We know bicycles can get pretty expensive and want to make sure we provide just the right coverage. When setting up your policy, simply add up the cost of your bicycle, as well as its fixed accessories and components. And of course, keep your receipts. While we may not need to see your receipts before issuing your policy, we may need to see them in case you file a claim.
  • How do I file a claim?

    We make filing a claim as easy and quick as possible. If you have an accident, you can submit your claim online or call us at (800) 236-2453.

  • Can I pay online?

    Absolutely. Visit https://www.markelinsurance.com/my-account. From there, you can decide if you want to make a payment with a credit card, debit card, or through your checking account. You can decide if you want to make a one-time payment or set up automatic recurring payments so you never miss a payment.

For online quotes:

GEICO Insurance Agency, LLC has collaborated with Markel American Insurance Company to provide bicycle and e-bike insurance products to qualified customers. When you click on "START QUOTE", you will be taken to the Markel website, which is not owned or controlled by GEICO.

Any information that you directly provide to Markel  is subject to the privacy policy posted on their website.

Bicycle and e-bike Insurance coverages are written through non-affiliated insurance companies and are secured through the GEICO Insurance Agency, LLC.

Please note:

The above is meant as general information and as general policy descriptions to help you understand the different types of coverages. These descriptions do not refer to any specific contract of insurance and they do not modify any definitions, exclusions or any other provision expressly stated in any contracts of insurance. We encourage you to speak to your insurance representative and to read your policy contract to fully understand your coverages.

Terms, conditions, and exclusions apply.  Coverage is underwritten by Markel American Insurance Company, NAIC #28932, 4521 Highwoods Parkway, Glen Allen, VA 23060, and policyholder services are provided by the underwriting manager, Markel Service, Incorporated, national producer license # 27585, in California d/b/a Markel Insurance Services, license # 0645481.

Insurance and coverage are subject to availability and qualifications and may not be available in all states.  All insurance products are governed by the terms, conditions, limitations and exclusions set forth in the applicable insurance policy. Please see a copy of your policy for the full terms, conditions and exclusions. Any information on the site does not in any way alter, supplement, or amend the terms, conditions, limitations, or exclusions of the applicable insurance policy and is intended only as a brief summary of such insurance products.