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About Giant

Giant Manufacturing was founded in 1972 in Dajia, Taichung County, Taiwan by King Liu and a small group of partners. Liu was 38 and starting over: an eel farm he had run had been wiped out by flooding. The new venture was a contract bicycle factory. In 1977, chief executive Tony Lo signed an OEM deal with Schwinn that would put Giant on the map. When the Schwinn workforce in Chicago struck in 1980, Giant filled the gap, and by the mid-1980s was building two-thirds of Schwinn's bikes and counting Schwinn for 75% of its own sales. The brand pivoted to selling under its own name in 1981. The TCR (Total Compact Road) frame, introduced in 1997 with sloping top tube geometry, was a structural departure from the parallel-top-tube convention of the era and became the template every major brand later copied. ONCE-Eroski raced the TCR to multiple Vuelta a España wins. T-Mobile and Rabobank rode Giant. CCC-Liv-Plantur, Sunweb, and Visma raced the Propel and TCR through the 2010s. Giant developed and patents its own carbon layup process and aluminum hydroforming techniques in-house, and most major brands' carbon frames are built in Giant's Taiwan and China factories under contract. King Liu died on 16 February 2026 at age 93. Giant produces an estimated 6.6 million bicycles per year — more than any other manufacturer in the world — across road, MTB, gravel, e-bike, and urban platforms. Headquarters remain in Taichung, with US distribution through Giant Bicycles USA based in Newbury Park, California. The company also owns Liv Cycling, the women's-specific bicycle brand, and Cadex, its premium components arm.

Most popular Giant models

Giant's lineup spans every drop-bar and flat-bar discipline at every price tier, anchored by the same compact-geometry road platform that introduced the TCR silhouette in 1997. The road family runs from the TCR race bike through the Defy endurance platform and the Propel aero race bike; the gravel side is the Revolt; the MTB lineup spans Anthem XC, Trance trail, and Reign enduro; the e-bike side spans Trance E+ trail, Reign E+ enduro, and the Explore E+ urban platform. The TCR is Giant's WorldTour race bike, raced by Team Visma–Lease a Bike and built around the brand's Advanced and Advanced SL carbon tiers. The Defy adds longer reach geometry and 35mm tire clearance for endurance and Paris-Roubaix style rides. The Propel is the integrated aero race bike. The Revolt is the gravel platform with up to 53mm tire clearance and the brand's Flux suspension seatpost option. The Trance is the 140-150mm trail bike that anchors the MTB family, and the Trance E+ adds a Yamaha-designed SyncDrive motor for e-MTB riders. Bikes in this tier carry replacement values that homeowner's policies frequently cap below, which is where stand-alone e-bike insurance fills the gap.

Why Velosurance

Why Velosurance is best for your Giant

Velosurance is a stand-alone policy that covers theft and accidental damage and can be optioned to create a comprehensive umbrella of protection for your cycling lifestyle.

A-rated
A.M. Best underwriter
$8/mo
Starting premium
4.9★
234 Google reviews
15
years in business

Coverages and Features

Velosurance offers must-have protection such as accidental damage, theft, or loss in transit. Each policy can be customized by adding additional coverages such as liability protection, uninsured motorist, and medical payments.

Total loss by theft

Bicycles are very easy to steal and equally difficult to recover, and even a hefty U-lock doesn’t guarantee your bike is still there when you return. Velosurance provides peace of mind if it is stolen or damaged in the process.

Any crash or accidental damage

Our policy will pay to replace your ride if it is accidentally damaged and beyond repair, including damage that occurs while being carried on or in your vehicle. If it can be repaired, we will pay all the costs associated with the bike's repair, including tax, labor, and shipping, minus the deductible. Cosmetic damage that does not affect safety is excluded.

Our shop or yours

When filing a claim, you’ll need to provide a repair estimate from a repair shop. We have a nationwide network of partner shops familiar with our process to help you move things along quickly. Prefer your favorite local shop? That works too.

Gear and apparel

If you go down in a crash, we cover your ride as well as your apparel, such as helmet, shoes, glasses, or riding kit that are torn up, and pay up to $500 per accident and $1,000 per term. Spare parts that are not installed, such as a spare wheelset, are also covered up to $500 per loss and $1,000 per year.

Your choice of lock

We do not dictate what type or brand of lock must be used to protect your ride from theft – you are welcome to use any lock that you trust. The best security is provided by metal locks combined with a high-quality chain. Securing your ride to a solid and immovable object, such as a bike rack, with a high-quality lock will send the thief onto the one secured with a more vulnerable lock.

No depreciation

Depreciation is a hidden deductible that increases every year and is applied if the bicycle is stolen or totaled. No one is ever happy with an Actual Cash Value insurance settlement: the bike is first devalued, and then a deductible is applied, resulting in a reimbursement that is far less than the cost of a replacement. We reimburse without depreciation, for the cost of a replacement that is of like, kind, and quality similar to your totaled bike.

24/7/365 coverage

We cover the insured bike at all times, anywhere in the USA and Canada, and can be extended worldwide on request. There are no exclusions on the time of day or limitations on how long it can be stored away from home. 24/7/365 means every minute of every day, no matter where or when.

Standalone policy

Our policy does not piggypack on any coverage you may already have, such as homeowners policies. Filing a claim won’t impact your rates with other carriers. With home insurance premiums rising each year in the U.S., it’s wise to reserve that policy for major incidents, because no matter how valuable your bike is, it’s still a lot cheaper than a kitchen fire or a flooded basement.

Permissive use

You can lend it to anyone you choose, and it will be covered. The bike and the person riding it are covered as if it were you riding it‚ this includes theft and crash damage as well as any purchased optional coverages.

Why Velosurance is best for your bicycle

Not all types of insurance are created equal. Velosurance levels the playing field by offering stand-alone bicycle coverage, where claims won’t affect your homeowner's or renter’s policy premiums.

Policy CoverageHomeowner/Renters Policy
Insured at Full ValueYesPossibly
Crash DamageYesNo
Theft CoverageYesLimited
Theft by ForceYesNo
Theft of AccessoriesYesLimited
Theft Away From HomeYesPossibly
Vehicle ContactYesNo
Personal LiabilityYesPossibly
Permissive Use PolicyYesNo
Replacement RentalYesNo
Event Fee ReturnYesNo
Cycling Apparel CoverageYesNo
Medical PaymentsYesPossibly
Racing CoverageYesNo
E-bikesYesNo
Coverage in-transitYesNo
USAC, USAT and IMBA Member DiscountYesNo
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Not all insurance policies provide the same level of protection, and many people only discover gaps in their coverage after filing a claim. We’ve done the hard work of reviewing the fine print. To see how plans compare, check out our insurance comparison.

Client satisfaction is our #1 goal. Here's what our clients say about Velosurance

J
Jeffrey M
2 months ago
My bike got stolen Tuesday night after business hours, by Friday morning, I had the money in my bank for the claim. Amazing experience!
Roy P
Roy P
3 months ago
I cannot express how satisfied I have been with my ebike insurance through Velosurance. Unfortunately, I had a claim after just purchasing my Cyhunter dual battery ebike. But Velosurance did not waste a moment in handling my claim and I wouldnt go to any other ebike insurance company.
M
Manoela B
3 months ago
It was very easy to file my claim with Velosurance. Just make sure you take pictures of the bike and send them the serial number, together with the receipt.
Alex S
Alex S
3 months ago
Incredibly easy experience making a claim which made the overall upsetting situation of having my bike stolen much less painful than it otherwise would have been.

Check out Velosurance reviews to see what people are saying about us.

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America's best bike insurance

Velosurance was created to give our fellow riders insurance that actually covered their lifestyle and peace of mind that no matter what happens on the road or trail, there would be a helping hand to get them back in the saddle.

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