As a commuter you reap countless benefits by switching from a car to a bicycle, ranging from improved cardiovascular and mental health to cost savings and a decreased carbon footprint. With the switch you trade many annoyances of cars, such as traffic and challenges finding parking, for cycling-specific concerns like the risk of theft and having to share paths with pedestrians and roads with cars.

Our bicycle insurance policy is designed with commuters in mind: other than addressing the primary concerns such as theft and accidental damage, we also offer the much needed optional coverages of medical gap, liability and vehicle contact protection. While important for nearly all riders, these coverages are especially critical for commuters to protect against the financial hardship of medical bills or being sued for injuring a pedestrian or colliding with a car.

Whether you’re a student or a professional, a city dweller or a suburb resident, our policy can be customized to address your specific risks so you can pedal with a peace of mind that you’ll be protected no matter what happens.

Bicycle theft is big business, with thefts numbering around 300,000 each year. Unlike with automobile theft, virtually no bicycles get recovered. With bicycling now more popular than ever, thieves are reaping the benefits from owners who use subpar locks to secure their bikes. The proliferation of battery operated power tools has made snatching a locked bike an easy task, even for amateur bike thieves.

As a bicycle commuter, you put your bike at significantly more risk of theft than virtually any other bicycle rider. City streets are the most likely place for a bike to be stolen but outlying neighborhoods are not too far behind. To make matters worse, in recent years bicycle theft by force, or threat of force, has become common. If this ever happens to you, it is recommended to surrender the bike without resistance and avoid becoming an assault victim; no bike is worth your welfare. A bicycle insurance policy by Velosurance is a solid additional layer of protection for all bicycle commuters. The policy covers the bike for theft as well as damage from a failed theft attempt. When the best security fails, you can count on Velosurance to get you pedaling again.

By definition personal liability is triggered in the event of an accident, at your home or away from home, that results in injury to a person or property damage for which you become legally responsible for. Some examples of cycling personal liability claims are: medical bills that result from a person’s injury caused by you when riding your bicycle. Liability lawsuits seek to recover medical costs and other damages such as lost wages, and might also include property damage such as damage to an automobile. Liability lawsuits are brought about as a result of your negligent acts while riding your bike. A defense attorney charges up to $500 per hour, with a $15,000 retainer, to defend a personal liability lawsuit. The liability coverage in a bicycle insurance policy will cost around $90 per year for each insured bicycle, and includes the cost of a law firm to defend you. We buy insurance for the unexpected, including cyclist liability along with physical loss coverage in a bicycle insurance policy is money well spent, especially if you share the road with others.

Most home insurance policies cover your personal liability when riding a pedal power bicycle and will defend you against a liability lawsuit, but this is not the case if your bicycle is electric powered. Home insurance companies strictly exclude “motorized vehicles” from the personal liability section of the home insurance policy and because an e-bike has an electric motor the home insurance companies consider the e-bike to be a “motorized vehicle” so an e-bike is always excluded from a home insurance policy coverage.

Members of USA Cycling, USA Triathlon, and International Mountain Bicycle Association (IMBA) receive discounts on Velosurance bicycle insurance products.

Velosurance provides bicycle insurance policies in the following states: Alabama, Arkansas, Arizona, California, Colorado, Connecticut, D.C., Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, North Carolina, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Wisconsin.