Does travel insurance cover cycling holidays?
They’re not for everyone, but for some people a bike holiday is the closest it’s possible to get to heaven on earth: a mixture of fresh air, physical activity and beautiful scenery. Standard travel insurance will provide a certain level of cover, for medical costs incurred by a bad crash or stolen belongings.
A regular travel insurance policy will usually cover you for up to about £3,000, with a single-item limit of £500 – which would be the most you could claim if your bike is stolen or damaged. That’s certainly enough to insure a decent bicycle, but most modern touring bikes are worth considerably more, and you would be left without enough cover.
What is cycling travel insurance?
Cycling travel insurance is a specialist insurance product that pays out in the event of any bike-related mishaps, from lost pannier bags to cracked forks. It will also cover you for the basics of travel too, including medical costs, travel cancellations and passport theft.
Biking holidays can take many forms, from cross-country touring to short, sharp race meets – so cycle holiday insurance will also protect you if you participate in activities which a standard policy won’t cover, including racing and mountain-biking.
What should I look for in specialist cycling insurance?
There are several things you should look for when insuring your bike holiday. These include:
- A high single-item limit: The more expensive your bike, the higher this limit should be. You’ll need it if you end up crashing your bike and writing it off, or if it’s stolen. This will also help if you lose a laptop or your GoPro
- Sufficient medical cover: Bike accidents are painful at the best of times, and should you end up in hospital in a foreign country, medical bills could soar. A decent insurance policy will have around £5m in medical cover
- Destination: As with all travel insurance policies, cycling insurance differs according to which region you visit. Insurers divide the world into Europe, the USA, Canada and the Caribbean, and the rest of the world
- Extreme sports cover: You should inform your insurer if you intend to be mountain-biking or racing, as there could be a surcharge for this kind of cover
- Third-party liability: If you hurt someone else this will protect you if they make a legal claim
- Recovery cover: If you break down in a remote area, this will pay the cost of recovery
- Replacement bike hire: Some policies may let you continue your holiday even if you total your own bicycle with a temporary replacement cycle
- Length of policy: Most policies will last 30 days as standard, but if you’re away for longer a 60- or 90-day trip can be arranged
Cycling travel insurance
The best way to save money on your bike holiday insurance is to shop around. MoneySuperMarket works with dozens of travel insurers, and you’ll be able to find a competitive quote in minutes. Simply give us some information on your plans, and we’ll do the rest.