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Bicycle insurance



Bicycle and e-bike insurance designed for the way you ride.

Zip code is required

Retrieve a saved quote

Or call +1.855.480.9759 to speak with a bicycle insurance specialist.

Welcome USAA members

Markel is proud to collaborate with USAA Insurance Agency in providing specialized bicycle and e-bike insurance to USAA members.

Transportation. Recreation. Fitness. Competition. Relaxation. No matter your reason for riding, Markel understands that your bike matters to you. With over 10 years of experience in specialized bicycle insurance protection, we offer customized coverage to fit you, your bike and your riding style—as well as important things like spare parts, cycling apparel and accessories.

Customized coverage

We provide customized insurance protection based on each cyclist’s riding style, even if you participate in race events. We offer coverage for cycling apparel and spare parts, coverage while in transit and more.

Coverage for e-bikes

Electric bike insurance does exist! Markel offers specific protection to cover the gaps and fine print exclusions between auto, home and renters insurances.

Knowledgeable customer service

Our dedicated bicycle insurance team will work with you to ensure you get the exact coverage that best fits your bike and your riding style.

Why do you need bicycle insurance?

If you’re like most cyclists, you may assume you and your bike are covered under your homeowners or renters insurance policy. But if you ever need to file a claim, you may discover that your current policy contains exclusions and restrictions that could limit what you get in replacement costs for your damaged bicycle.

See how an average homeowners insurance policy stacks up against Markel's bicycle insurance:*

Policy coverage Average homeowners policy Markel bicycle policy
Insured at full value** Not likely Yes
Crash damage No Yes
Theft coverage Limited Yes
Theft away from home Limited Yes
Vehicle contact protection No Yes
Personal liability Yes Yes
Replacement bike rental No Yes
Event fee reimbursement No Yes
Cycling apparel Not likely Yes
Medical payments Not likely Yes
Racing coverage No Yes
Spare parts insured Not likely Yes
Covered in transit Not likely Yes
Worldwide physical damage Not likely Yes
Roadside assistance Not likely Yes
Coverage for electric bikes Limited Yes

Provided for illustrative purposes only. *Terms and conditions may vary. **Your homeowners coverage may not be designed to cover your bike at full replacement cost, typically actual cash value (ACV) is offered.

What can bicycle insurance cover?

Bicycle physical damage insurance protection
Our coverage includes the repair or replacement of your bike if it is damaged or goes missing. You provide the value limit of your bike, and we can cover things like vandalism, crash damage or a collision with another rider. We even offer insurance protection to you while racing.

Deductibles range from $200 to $500. At no additional cost, bicycle physical damage insurance protection can also include:

  • Protection for spare parts and accessories: Up to $500 in coverage for spare parts, and up to $500 for riding apparel per claim ($1,000 total per policy term).
  • Replacement cost coverage: Your bike is insured at full value.
  • Theft protection: We insure against theft, either at or away from home.
  • Transit protection: Protect your bike while in transit (by land or air), to and from locations within the United States and Canada.

Worldwide physical damage protection
Optional worldwide physical damage insurance protection is available to cover you when traveling outside of the U.S. and Canada with your bicycle.

Bicycle liability protection
Bicycle liability protection helps cover you if you are responsible for injuries or property damage to another person or their belongings while using your bicycle. Limits range from $25,000 to $300,000.

Vehicle contact protection
This added coverage gives you the insurance protection you need if you’re struck by a vehicle that doesn’t carry the proper insurance protection to cover your losses. Limits range from $10,000 to $25,000.

Medical payments
May cover your medical costs if you are injured while riding, with limits ranging from $1,000 to $10,000.

Roadside assistance
With this coverage, you’ll get nationwide 24-hour emergency service with up to 35 miles of transportation per breakdown (up to 5 tows per year) – all for only $12 a year per bicycle.

Markel offers coverage for three classes of e-bikes:

  • Pedal assist e-bike with top assisted speed of 20 mph
  • Throttle assist e-bike with top assisted speed of 20 mph
  • Pedal assist e-bike with top assisted speed of 28 mph

Note: Electric bike motors must be 750 watts or under.

At no extra cost!

Rental reimbursement
If you are competing in an organized ride more than 50 miles from your home, we offer coverage for renting a substitute bicycle if your bike was damaged or stolen (up to $250 per occurrence) while at the event.

Competitive event fee reimbursement
We will help cover nonrefundable prepaid entry fees (up to $500, $1,000 total per policy term) if your bike is involved in a covered accident and you’re unable to compete or participate.

Bicycle insurance policies as low as $100 per year.†

Zip code is required

Retrieve a saved quote

Or call +1.855.480.9759 to speak with a bicycle insurance specialist.

Frequently asked questions about bicycle insurance

Bicycle insurance doesn't need to be complicated. Explore the most commonly asked questions about bicycle insurance, and get the answers you're looking for.

†As of December 2023, the minimum annual premium is $100 and rates could exceed $100 depending on the coverage options selected and value of the bicycle to be insured.