What is Velosurance?
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Velosurance is a national bike insurance specialist founded by two cyclists in response to the insurance needs of bicycle riders nationwide. After three years in development, in 2012 we partnered with an A.M. Best A rated insurance company to offer a multi-risk policy built for all types of cyclists.
What does the policy cover?
The policy covers the bike for all types of accidental damage as well as theft at home and away from home, when securely locked to an immovable object, and it stays covered while in transit by road or air. The bike's insured value does not depreciate based on age, which we explain in how depreciation affects your payout.
Who is behind the policy?
Velosurance handles the service side: quotes, policy changes, and walking you through a claim from start to finish. The policy itself is underwritten and issued by an A.M. Best A rated insurance company, so the financial backing behind a covered claim is substantial. The full picture is in who is the underwriter for Velosurance.
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