Get Bicycle or E-Bike 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 may 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 property insurance policy. That's why having a separate bicycle insurance policy can help provide better coverage for your bike. The GEICO Insurance Agency has teamed up with Markel American Insurance Company to bring you bicycle and e-bike insurance.

• 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 coverage offered at no additional cost includes 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.

GEICO Insurance Agency in collaboration with Markel, offers bike insurance for a wide range of bicycles to help better protect you and your ride.

• BMX bikes: Built for stunts, tricks, and racing, BMX bikes are designed to be tough and lightweight.
• Mountain bikes: These rugged bikes are designed for off-road terrain. They feature wide tires, sturdy frames, and shock absorbers to handle rough trails and steep climbs.
• Road bikes: Designed for speed and efficiency on paved surfaces, road bikes are lightweight with narrow tires and drop handlebars, perfect for long-distance rides and racing.
• Recumbent bikes: With a laid-back, reclined seating position, recumbent bikes offer a more comfortable riding experience.
• E-bikes: Electric bikes come with battery-powered assistance, making commutes easier and allowing riders to cover longer distances with less effort.
• Tandem bikes: These two-seater bikes allow two people to pedal together, making them ideal for partners or families who want to enjoy cycling together.
• Commuter bikes: Designed for everyday use, commuter bikes are practical, durable, and built for comfort, making them ideal for urban riding and daily commutes through city streets.

While bike insurance through GEICO Insurance Agency offers great coverage, there are certain things it doesn't cover, including:

• Normal wear and tear
• Mechanical breakdowns
• Intentional damage

Get a bike or E-bike insurance quote online through GEICO or speak to an insurance specialist at (855) 591-9785.

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

• 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 may help 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 may mean 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 can help provide you with options for just the right coverage. When setting up your bike insurance 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 bike insurance claim?

  We make filing a bike insurance 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 my bike insurance online?
  Absolutely. Visit the Markel Insurance My Account page. 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 on your bike insurance.
• Do you need bicycle insurance?
  Bicycle insurance is a good idea if you want financial protection against theft, damage, or liability while riding. It may cover expenses your home or renter's insurance may not, especially if you frequently ride in high-risk areas. Having bike insurance can offer protection whether you ride for fun, commuting, or competitive cycling.
• Who should get bike and e-bike Insurance?
  Anyone who regularly rides a bike or e-bike should consider getting bike insurance. It's especially useful for those with expensive bikes or riding in areas with high theft or accident risks. E-bike riders may also benefit from extra protection due to their higher speeds and additional components.
• Does bike insurance cover both home and on-the-road use?
  Bike insurance typically covers your bike both at home and on the road. This means it may protect against theft, damage, or accidents whether your bike is stored at home or being ridden. See your policy for details.