While it isnt a direct replacement for a car, more people should consider purchasing an e-bike rather than another EV.
Velosurance is a national insurance agency founded by two cyclists in response to the insurance needs of bicycle riders nationwide. We partnered with an A.M.Best “A” rated, US insurance company to provide a multi-risk policy offering protection to all types of cyclists.
All-risk bicycle insurance for road cyclists
Velosurance on 
Free instant quote
customer rating on
Best insurance for your road bike
Whether the accident is a simple mishap or a someone's negligence, and if it happens on a ride, at home, or in transit, it's covered.
Crash Damage
Your bike is covered if it’s damaged in a crash. On a road or trail, a group ride or a race, if it’s damaged in an accident, it’s covered.
Theft Coverage
If your bike is stolen from your home, car, workplace or any other secure location, such as a triathlon transition area, it’s covered.
Medical Coverage
If you’re hurt, we'll cover some of your medical bills, up to the policy limit. This coverage pays to supplement the deductible of your personal health insurance policy.
Why Velosurance for roadies
Road biking is a hobby that for many escalates to the edge of obsession, for all the right reasons. Some are attracted to the accessibility of the sport: as long as there's a road to ride on, there's an adventure to be had. For many it’s the energy of fellow cyclists, a camaraderie that research suggests has a profoundly positive effect on stress levels and overall mental health. Whether riding alone or with a group, competitively or not, there's something liberating about hopping on a bike and pedaling away. Despite the majority of rides being uneventful, every roadie will eventually experience a crash resulting in at least some road rash. If the accident causes damage to the bike or injury to oneself or others, things can quickly become complicated.
Having dedicated bike insurance coverage for unexpected situations such as a crash or theft can soften the financial blow and allow you to return to your hobby almost immediately. For those for whom cycling is a lifestyle may find it advantageous to obtain additional coverage to cover their specific risks.
Road bike crash damage coverage
On a road or trail, a group ride or a race, if it’s damaged in an accident, it’s covered.
If you ride long enough, you will eventually crash, it’s simply the nature of the sport. While bike handling skills develop with experience, even the most seasoned riders are prone to crash once in a while. Fortunately, the majority of crashes are minor, resulting in nothing more than a bruised ego and some scratches on the bicycle. However, there are occasions when a crash can cause you to second-guess your choice of hobby, and make you wish you had insurance.
Although road bikes are built to endure the rigors of long days in the saddle, they are considerably less durable in the event of a side impact, particularly when the frame or protruding components such as the derailleur collide with pavement. Despite its remarkable specific strength, carbon fiber is not as impact-resistant as steel and aluminum, despite being stronger than both materials.
The standard policy not only covers the cost of repairing the bike but also compensates for any damaged riding gear and apparel (up to $500). Additionally, it provides an extra $500 per loss, with a maximum of $1,000 for the policy term, to help cover the cost of spare parts, such as a racing wheel set.
Road bike theft coverage
If your bike is stolen from your home, car, workplace or any other secure location, it’s covered.
The recent surge in bicycle popularity, coupled with logistical challenges and parts deficit has disrupted the bicycle market, creating a surge in demand amidst limited supply. This perfect storm has resulted in a spike of 24% in bike theft since 2019. To exacerbate the situation, bike theft is the least reported and solved crime. The harsh reality is that if your bike is stolen, you probably won’t see it again.
The widespread availability of battery-powered cutting tools has made bike theft exceedingly effortless: even the sturdiest U-locks, chains, and cable locks offer less than a minute of protection against an electric angle grinder equipped with a diamond disc. Thieves are now scouring public garages, shopping mall parking lots, and even residential neighborhoods in search of easy targets.
Our standard bicycle insurance policy provides coverage against theft at home and away. When left unattended in public, the bike must be secured to an immovable object such as a bike rack for the coverage to be in effect.
Velosurance covers all types of road bikes
This sport, which reaches far and wide, has attracted a diverse and passionate community of riders. Whether you speed down a singletrack, explore the backcountry, or get gnarly at a bike park, you’re a mountain biker. So no matter how big your tires are or how much travel is in your fork, it’s covered.
Medical coverage
This optional coverage will pay the leftover bills once your primary health insurance has paid its share.
Cycling, like any physical activity, carries a certain degree of risk. However, whether or not cycling is a dangerous sport largely depends on the individual's level of experience, skill, and the conditions in which they ride. Every rider is bound to experience a few crashes as they start out in the sport. Crashes are opportunities to learn and progress, hopefully with minimal injuries. While most injuries are not severe, the longer one rides, the greater the chances of eventually experiencing a more serious injury that requires significant medical attention.
Riding a bike without sufficient health coverage is generally unwise. A serious accident resulting in a broken collarbone or severe road rash will lead to an emergency room visit, surgery, and an extended recovery period. The final medical bill can be substantial enough to cause financial strain or even bankruptcy.
Medical payments are an optional coverage offered by a policy from Velosurance to address remaining medical expenses once your primary health insurance covers their portion. Typically, this includes the out-of-pocket deductible and copays for emergency room visits and medical facilities. Consider your primary medical insurance deductibles when selecting the appropriate coverage limit.
Vehicle Contact Protection
If you're hit by a car, this coverage will pay the expenses associated with getting hit by a car, regardless of fault.
Getting hit by a car is the worst fear of all cyclists since the potential for serious injury or death is high. Unlike a car driver who has the protection of a vehicle around them, a cyclist is exposed and vulnerable. Even a minor collision can result in serious injuries, including broken bones, head trauma, spinal cord injuries.
Even if a cyclist is fortunate enough to survive a collision with a car, the long-term consequences can be significant. In addition to physical injuries, a cyclist may experience emotional trauma and financial burden from medical bills, prolonged physical therapy and other recovery costs, as well as lost wages.
The optional Vehicle contact protection coverage on a policy from Velosurance provides coverage for medical and related expenses incurred as a result of a car-bicycle accident. This coverage is highly recommended for anyone who rides on public roads, including roadies and bike commuters.
Damage in transit
Your bike is covered for damage whether it's on your car or in possessoin of an airline or a postal courier.
While some road cyclists prefer sticking to familiar routes, many others enjoy the thrill of exploring new locations on their bikes. Whether it's a weekend trip to a neighboring town, a road trip with multiple scenic stops, or a winter getaway to a sunny destination, cycling enthusiasts are always looking for their next adventure.
Thankfully, airlines have recognized the growing demand for air travel with bicycles and have made it easier than ever before. However, despite the improvements, airlines still have a reputation for being uncooperative or difficult to deal with when it comes to making claims for damages.
Unfortunately, bikes are frequently damaged during transportation, whether it's due to a mistake like driving into a low garage with a bike on the roof rack, or due to negligence of airport personnel or postal couriers. With a policy from Velosurance, your bike is covered for all types of damage during transit, giving you peace of mind when venturing away from home. For those traveling abroad, it's recommended to select the optional worldwide coverage, which extends your policy to any country in the world.
Velosurance, protecting you and your road bike
Those who consider cycling a part of their lives inadvertently expose themselves to certain niche risks, such as racing accidents and liability claims, that could result in financial strain. Our policy offers a wide range of optional coverages that can be used to eliminate or minimize risks associated with the cycling lifestyle.
E-road bike coverage
E-bike owners can also have the peace of mind that their bike is covered, just like a conventional bike.
It’s difficult to argue with the fact that e-bikes are changing cycling, making it more accessible for beginners, the aging population and those with special needs. In fact, for every type of bicycle that’s on the market, there’s an e-bike version that’s just as capable and probably more fun to ride. E-bikes can go faster with less effort, making the steepest climbs more feasible and training with a stronger partner less demoralizing. Road e-bikes are no exception: every major brand now offers at least one e-road bike in its lineup, most of them are difficult to distinguish from their “acoustic” counterparts.
The extreme popularity of e-bikes is backed up by a scary statistic: electric bikes are three times more likely to be stolen than non-electric. This staggering difference is explained by the high value of the bikes and the demand that they command. A bicycle insurance policy from Velosurance covers Class 1, 2, and 3 electric bikes and offers all the coverages that would apply to a regular bike.
Coverages and Features
Velosurance core policy 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 coverage, and medical gap coverage.
Total loss by theft
Bikes are very easy to steal and equally difficult to recover, and a hefty U-lock doesn’t guarantee that your bicycle will remain yours when you return. Velosurance provides peace of mind when your bike is stolen or damaged in the process.
Medical coverage
If you’re hurt and require medical attention, our policy's optional purchase medical payments will cover your medical bills, up to the policy limit. The policy medical payments are paid directly to you to supplement the deductible of your personal health insurance policy.
Any crash or accidental damage
Our policy will pay to replace the bike when it is accidentally damaged and beyond repair, including damage that occurs while being carried on or in your vehicle. If the damage can be repaired, the policy will cover all the costs associated with the bike's repair, including tax, labor, and shipping. Cosmetic damage that does not affect the bike's safety is excluded.
Damage or loss in transit
Bikes often get damaged in transit by personal vehicles, airlines, or courier services. Filing a claim with the airlines and courier services is a notoriously difficult process with a questionable outcome. Our policy covers the insured bike for loss or damage while it's on its way to or from your destination by air or road. Even if the bike falls off a vehicle bike rack or is hit in a rear-end accident, it is covered, no arguments.
Electric bicycle coverage
We cover all electrically assisted Class 1, 2, and 3 bikes with a maximum assisted speed of 28 mph. All coverages available for conventional bikes also apply to e-bikes.
Liability protection
Our policy optional coverage purchase will protect and defend you from your personal liability (injury, sickness, death, or damage to property, including fire damage) that you are found legally liable for. Coverage limits offered: $25,000, $50,000, $100,000, or $300,000 per occurrence.
Worldwide coverage
If your travels take you outside of the USA and Canada, our policy can be extended, at a small additional premium, to cover physical damage, such as a crash, and will also cover theft as well as loss or damage by an airline.
Our shop or yours
When filing a claim you’ll need to provide a repair estimate from a bike shop. We have a nationwide network of partner bike shops that are familiar with our process and can help you speed through your claim. If you prefer to work with your favorite bike shop, that works too.
Gear and apparel
If your insured bike is damaged in a crash, our policy covers the bike as well as your apparel, such as helmets, shoes, glasses, or riding kits, that were also damaged in the crash, and will pay up to $500 per accident and $1,000 per policy term. Spare parts that are not installed on the bike, such as a spare wheelset, are also covered for loss or theft up to $500 per loss and $1,000 per policy term.
Your choice of lock
We do not dictate what type or brand of a lock must be used to protect the bike from theft. You are welcome to use any lock that you trust. The best security is provided when securing an unattended bike with metal locks combined with a high-quality chain. Securing your bike to a solid and immovable object, such as a bike rack, with a high-quality lock will send a bike thief onto the bike secured with a more vulnerable lock.
No depreciation
Our policy never depreciates your bike's insured value. Depreciation is a hidden deductible that increases every year, and is applied if the bike is stolen or totalled. No one is ever happy with a depreciation (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 it takes to replace the bike. The policy will reimburse you, without depreciation, for the cost of a replacement bike that is of like, kind, and quality, similar to your totaled bike.
24/7/365 coverage
Our policy covers the insured bike(s) at all times, anywhere in the USA and Canada, and can be extended worldwide on request. There are no exclusions on time of day, or limitations on how long a bike could be stored away from home. 24/7/365 means every minute of every day, no matter where or when.
Standalone bicycle insurance
A standalone policy does not piggyback on coverage provided by the policies you may already have, such as home insurance. A claim against our policy will not reflect on your insurance score and will not affect your rates with other insurance carriers. With home insurance rates going up every year, it’s prudent to reserve your claim for when you really need it, because no matter how expensive your bike is, it’s a lot cheaper than a kitchen fire or a basement flood.
Uninsured Motorist Coverage
One of the scariest things that can happen to a cyclist is getting hit by a car. This coverage will cover medical expenses, physical therapy, mental health services, lost wages, and other expenses that arise from a bicycle-car accident.
Permissive Use Policy
You can lend the bike to anyone you choose and it will be covered. The bike and the person riding the bike 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 road bike
Not all types of insurance are created equal. Velosurance levels the playing field by offering a stand-alone bike insurance policy, where claims will not affect your homeowner or renters policy premiums.
| Policy Coverage |  | Homeowner/Renters Policy |
|---|---|---|
| Insured at Full Value | Yes | Possibly |
| Crash Damage | Yes | No |
| Theft Coverage | Yes | Limited |
| Theft by Force | Yes | No |
| Theft of Accessories | Yes | Limited |
| Theft Away From Home | Yes | Possibly |
| Vehicle Contact | Yes | No |
| Personal Liability | Yes | Possibly |
| Permissive Use Policy | Yes | No |
| Replacement Bike Rental | Yes | No |
| Event Fee Return | Yes | No |
| Cycling Apparel Coverage | Yes | No |
| Medical Payments | Yes | Possibly |
| Racing Coverage | Yes | No |
| E-bikes | Yes | No |
| Coverage in-transit | Yes | No |
| USAC, USAT and IMBA Member Discount | Yes | No |
| FREE INSTANT QUOTE |
Not all insurance policies cover bikes equally and it often takes a claim to find out that your bike isn't covered. We did the hard work and read all the fine print. To see the difference, see bicycle insurance comparison.
Customer Stories
Client satisfaction is our #1 goal. Here's what our clients say about Velosurance
"Thank you so much to Velosurance!! My Ebike was stolen recently while on a trip to Minneapolis.. I was so bummed to lose it and I wasn't sure if it would even be covered.. Dan Madsen and Velosurance were very understanding and covered my claim in full.. "
Piper D
Baltimore, MD
"Velosurance is great! I’ve had them for 5 years now and it gives me peace of mind knowing that I have my bike stuff covered. I have made a few claims and everything was taken care of and solved in a timely manner. Definitely recommend getting velosurance. "
Steven G
Los Angeles, CA
"I have insured my bikes with Velosurance for 10 years and had to make two claims. Once I damaged my wheels on vacation, the second I was hospitalized after a massive crash. They were incredibly responsive both times, and made a stressful time incredibly easy. "
Gary K
San Francisco, CA
Check out Velosurance reviews to see what else people are saying about us.
Contact Us
'Convinced yet? Let's make something great together.
If you have any questions, don't hesitate to get in touch with us.'
America's best road bike insurance
No matter where your adventures take you, protect your road bike and yourself from the unexpected with America's best road bicycle insurance.
Free instant quote
Our mission
The Velosurance mission is to be fair to everyone involved, and to offer our best advice to clients so they can make an educated decision about their bicycle insurance coverage. We also like to ride as much as possible.
We are riders too
Bicycle prices increase every year and cyclists who are serious about their sport are spending big money on high value bikes. Other forms of insurance, like homeowners and renters insurance, do a poor job insuring high value bicycles so we founded Velosurance to fix that.
Velosurance provides a stand-alone, no bike value depreciation, bicycle insurance policy to replace the cobbled together, sub standard coverages offered by traditional insurance.
We are cyclists just like you, and we understand that when your bike gets damaged in an accident you want the shortest possible downtime. We make it our mission to see that your claim check arrives before the repair parts do and you get back pedaling as soon as you want to.
Most popular articles
We are riders and insurance experts who give advice and share insights to educate fellow riders and keep them safe while on road or trail. We want you to become a better rider by helping you understand and manage risk associated with your lifestyle.
Read More
12 commuting mistakes
Whatever your reason for switching from a car commute to a bicycle commute, there are a few things that new bicycle commuters often get wrong.
Read More
How to ride faster
Whether you are a road, gravel, or mountain biker, we all want to go faster. Any cyclist will tell you that a critical component to progressing as a rider is...
Read More
Ten reasons to ride your bike early in the morning
Surveys show that of Americans who regularly work out, over 50% report that their workout occurs before 10:00 A.M.
Read More
The most popular ways to travel with an e-bike
E-bikes are here to stay, as seen by a nearly 40% surge in e-bike usage since the pandemic ended, with much of that usage taking place on cycling vacations.
Read More
A beginners guide to road racing
Road races typically take place on public roads and can vary greatly in distance, terrain, and difficulty, which makes them so popular.
Velosurance discounts
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, Maine, 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, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Wisconsin.