Bicycle insurance

Get a quote for bicycle insurance with Assetsure[1]

[1] introduces customers to Assetsure, which is authorised and regulated by the Financial Conduct Authority. Gocompare.coms relationship with Assetsure is limited to that of a business partnership, no common ownership or control rights exist between us.

Insurance for mountain bikes, pushbikes, road bikes and more

Despite its benefits to the environment and your health, cycling doesn't come without risks.

Over 17,000 cyclists were injured or killed in road accidents in the UK between July 2018 and July 2019[2] and more than 270,000 bicycles were stolen[3].

If you're one of those unlucky enough to find your bike damaged in a collision or stolen, bicycle insurance could prevent you having to cover the cost of repairs or replacement yourself.

You may be able to cover your bike on your home contents insurance, but you can also buy a separate policy that offers tailored protection for your cycling routine and bike.

Just make sure you’re not doubling up on cover by buying both, or you’ll be paying for insurance you don’t need.

Specialist bike cover vs home insurance cover

Specialist cover
Cover with home insurance

Specialist cycling insurance offers a basic level of cover for things like accidental damage and theft, as well as more extensive cover for keen cyclists.

For instance if you own an expensive bike, such as those used for races or competitions, specialist insurers are more likely to offer a level of cover tailored to your needs.

Specialist insurance will often include cover for:

  • Personal accidents and collisions
  • Replacement bike hire
  • Replacement of vintage parts, clothing, helmets and accessories.
  • Competition and race fees
  • Families and multi-bike households
  • Cycling breakdown
  • Cycle boxes
  • Euopean travel up to 45 days

Things to consider

  • Accidental damage and theft will be included as standard but you may need to add cover for competitions, public liability and personal accidents as optional extras
  • Most policies will only cover the bike if it's in possession of the policyholder at the time of the incident
  • It may be worth running a quote for specialist cover and adding cover to your home insurance policy to compare which is cheaper

Bicycles are often covered as standard by home contents insurance policies but it's important to check they offer the cover you need.

Home insurers will often only cover bicycles for accidental damage and theft, and may not cover your legal expenses in the event of a claim for damages that occur away from the home.

If you require these features you can usually add them on to your policy as an optional extra.

Be aware that there will probably be a single value limit for how much your home insurer will cover your bike for.

So, if your bike costs £1,000 and your insurer's single item limit is £800, you'll need to cover the remaining £200 yourself if you need to claim.

Find out more

Things to consider

  • If you already have home insurance, check your policy documents to see if your bike is covered and what it's covered for
  • If your bike is worth more than your policy's single article limit, you'll need to list it seperately

How to get an insurance quote for your cycle

Finding a quote for your bicycle doesn't take long. You’ll just need to fill out a few details about you and your bicycle first to get started. Here's what you'll need:

  1. Details about your bike

    The type, make and value

  2. Standard cover requirements

    Excess amount, accessories cover, replacement cycle and no claims discount

  3. Optional extras

    Do you need cover for personal accidents or competition use?

  4. Security information

    What locks and alarms you have installed

  5. Your details

    Your name, address and age

Don’t leave your bicycle uncovered
17,520 cyclists were killed or injured in reported road accidents between June 2017 and June 2018[2]

How much will bicycle insurance cost?

Your bicycle insurance quote will be calculated based on your circumstances and take into consideration what kind of bike you ride and its value.

Mountain bikes, street bikes, pushbikes, road bikes, folding bikes, hybrids and electric bikes are all usually covered. If you’re riding a self-built custom bicycle, you can get insurance for your bike’s unique specification.

If you need to make a claim, it’ll reflect the true value of the bike. Just make sure your insurer’s aware of any modifications before you buy a policy, otherwise you might not be covered.

Frequently asked questions

  • Can I insure my bike for business use?

    If you're a delivery cyclist or use your bicycle for any trade or business purposes, you may find you're not covered by your insurance.

  • Can I insure children and young riders?

    The minimum age accepted for specialist bike insurance is 14 years old. If you choose family cover as an optional extra, you may be able to cover young riders of 14 or above on your policy.

More from home insurance

[1] † introduces customers to Assetsure, which is authorised and regulated by the Financial Conduct Authority. Gocompare.coms relationship with Assetsure is limited to that of a business partnership, no common ownership or control rights exist between us. Please note, we cannot be held responsible for the content of external websites and by using the links stated to access these separate websites you will be subject to the terms of use applying to those sites

[2]According to the Department for Transport

[3]There were 317,000 incidents of bicycle theft in 2018, according to the Crime in England and Wales Survey

[4]In July 2019 the average annual price for a bought bike policy at was £277.27

GoCompare uses cookies. By using the website you agree with our use of cookies. Continue Find out how to manage cookies and view our policy here