Bicycle insurance

Find cheap insurance for your bicycle

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Got a bike? Our guide will ensure you have adequate insurance to protect your two wheels.

Bike pushed at sunset

More of us are getting on our bikes these days, whether to cycle to work, nip to the shops or indulge in some serious mountain biking at the weekend. Pedal power has obvious attractions. Cyclists can save money on petrol, cut down on pollution and improve their health and fitness.

But bicycles also appeal to thieves. The latest crime figures reveal that more than 100,000 bikes are stolen every year, although the true number could be much higher because many thefts are not reported. The average value of a stolen bike is £340 & and sadly, 15% are never recovered.

The statistics show that insurance for your bike is essential, so you should check that you have appropriate cover.

We want to show you as many insurers as possible, so that you can choose what suits you best. But, we can’t promise to show you every single insurer, because some insurers don’t want to be included on comparison websites.

We think a good bicycle insurance policy should cover you for theft of your bike, and provide new for old replacement and European cover. We prioritise the companies that include these things in their standard policy, so they appear higher in our list. The insurers who only offer some of these things in their standard policy appear lower down in the list.

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E&L are specialist insurers with 80 years industry experience. Cover for Theft, Accidental Damage and Public Liability.

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Insurance for training, travelling and racing. 60% multi bike discount, roadside recovery, race fee & wheel protection, replacement hire. Low, £100 excess. Bikes covered up to £50,000.

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Pedalsure is a specialist insurer covering road and commuter cycling; features include liability, personal injury & accessory cover. MSM EXCLUSIVE: 15% off all policies. Free DataTag security system for bikes over £1,500

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Assetsure offer comprehensive bicycle insurance designed to be flexible to suit your personal needs – cover is offered for bikes up to £12,500 in value & standard cover includes £100,000 in legal expenses.

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Firms offer specialist bicycle insurance to cater for the growing number of cycle enthusiasts.

Why bicycle insurance is important.

Many people assume that their bike is covered on their home contents insurance policy. Some home insurers include cycle cover as standard, but the bike will often only be insured if it is inside the property or secured in an outbuilding. In other words, if your bike is stolen from the back garden, your insurer will not pay out.

You would also be unable to claim on your standard contents policy if the theft took place outside the railway station or the local supermarket. 

Firms offer specialist bicycle insurance to cater for the growing number of cycle enthusiasts

You can often extend your home insurance to cover your bike when it is outside the house. Alternatively, a number of firms offer specialist bicycle insurance to cater for the growing number of cycle enthusiasts. The policy wordings vary, but most cover your bike against theft, whether inside or outside the home. You should not, however, be careless with your bicycle. If your bike is not secured with an approved lock, the insurer could reject the claim. 

Bicycle insurance does not only cover theft, but should also pay out for accidental damage or vandalism. Check too whether the policy includes third party liability cover, in case you injure another person or damage their car or bicycle.  The number of cyclists on the roads these days means that accidents are more common place, so it's wise to take out suitable insurance.

It doesn't matter whether you are a casual cyclist with your trusty two wheels or a hard core enthusiast with a custom made trial bike, cycle insurance can be tailor made to meet your needs.

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