Bike insurance coverage eligibility depends on when the policy was purchased. Policies from July 31, 2024, onward cover most bikes and e-bikes except those requiring special registration, dirt bikes, velomobiles, self-built, or commercial bikes. Earlier policies have stricter rules, only covering new, private-use bikes purchased from official dealers within six months. Bikes not covered may qualify for household contents insurance.
What types of bikes are covered by bike insurance policies purchased after July 31, 2024?
Most bicycles and e-bikes of any age purchased from any retailer are eligible for coverage under bike insurance policies purchased after July 31, 2024. This eligibility includes carbon-framed bikes, vintage bicycles, and e-bikes that do not require special registration or licenses to operate.
Which types of bikes are not covered by bike insurance policies purchased after July 31, 2024?
The following are not eligible for coverage under bike insurance policies purchased after July 31, 2024:
E-bikes requiring special registration or licenses.
Dirt bikes and velomobiles.
Self-built and converted bicycles.
Bicycles used commercially for delivery or courier services.
Bikes used for marketing purposes.
What types of bikes can be insured under policies purchased before July 31, 2024?
Bike insurance policies purchased before July 31, 2024, cover bicycles or e-bikes that meet all these criteria:
Purchased new within six months prior to the policy start date.
Used only for private purposes.
Purchased from an official dealer.
Which bikes are excluded from coverage under policies purchased before July 31, 2024?
The following bicycles are not eligible under policies purchased before July 31, 2024:
Used and vintage bikes.
Carbon frame bikes (except when only carbon elements such as forks are present).
Fully covered bikes, velomobiles, and dirt bikes.
Self-built or converted bicycles where converted parts exceed 20% of purchase price.
Bicycles used commercially.
Bikes requiring payment for use (e.g., sharing service bikes).
Bikes not bought from an official dealer or bought from private individuals.
Bicycles subject to registration and insurance requirements.
Are there coverage options for bikes not eligible under bike insurance?
Bikes that are not covered by bike insurance may be eligible for coverage under household contents insurance. This option is available for certain bikes, such as used or vintage bicycles. You can contact our support team for more assistance or additional resources.