Why is Velosurance superior to other insurance for bikes?
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The first advantage of a policy from Velosurance is that the policy never depreciates the bike’s value for any reason. If a five year old $5,750 bike insured with a $200 deductible is stolen, the reimbursement will be $5,550. Additionally, the policy covers the insured bike for all types of accidental damage, no matter how the accident happens.
There simply is no other insurance for bikes that even comes close to the coverage offered by a Velosurance policy, and unfortunately, it often takes a claim to see how poorly other forms of insurance cover a high-value bicycle. If you own an expensive bike, don’t buy cheap insurance.
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