Velosurance bicycle insurance

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.

Contact Info
500 NE Spanish River Blvd Suite 103C
Boca Raton, FL 33431
United States
support@velosurance.com
+1 (888) 663 9948

Follow Us

America's best tricycle insurance

The bicycle insurance policy protects you and your tricycle from all cycling risks like crashes, theft, medical expenses, or personal liability.

Free instant quote

We never share your email
You can add more bikes later
customer rating on
 google

Best insurance for your tricycle

Having insurance for your trike can offer financial security in the event of unforeseen accidents, theft, or damages. It doesn't matter if the incident is a minor mistake or a result of someone else's negligence, and whether it occurs while riding, at home, or during transportation.

Crash Damage

Your trike 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 tricycle is stolen from your home, car, workplace or any other secure location, it’s covered.

Liability Coverage

We will protect you from personal liability (injury, sickness, death, or damage to property) you cause while riding your tricycle.

Why you need Velosurance for your tricycle

Why you need Velosurance for your tricycle

Tricycles are perfectly fit to urban lifestyles by offering a practical, cost-effective, and flexible mobility alternative. As trikes are primarily used on public roads, sidewalks and shared paths, unfortunate incidents such as accidents, thefts, and damages are quite prevalent and can lead to substantial repair or replacement costs. Considering that for some a trike is the primary mode of transportation, it's imperative to safeguard the investment with insurance coverage. Bicycle insurance provides coverage for trikes and offers a peace of mind by ensuring that you are protected against unforeseen events.

Tricycle crash damage coverage

Your tricycle is covered if it’s damaged in a crash. If it’s damaged in any accident, it’s covered.

crash damage coverage

Although riding a trike is not overly difficult due to its inherent stability and naturally lower speed, it does require some adjustments. Tricycles are less maneuverable than regular bicycles and have wider turning radii and longer braking distances. These differences become more pronounced when the trike is loaded with cargo. While minor accidents can be valuable learning experiences, more severe crashes can result in significant damage. In such situations, having insurance can be advantageous. Bicycle insurance provides a sense of security and can cover the cost of repairs or replacement for a tricycle. Our basic policy covers up to $500 for riding gear, such as helmets, gloves, shoes, sunglasses, and apparel, as well as spare parts up to $500 per loss, with a policy term limit of $1,000.

Tricycle theft coverage

If your tricycle is stolen from your home, car, workplace or any other secure location, it’s covered.

theft coverage

Similar to any other valuable possession, tricycles are susceptible to theft. There are several methods of stealing cargo bikes, including theft from homes or garages, or stealing them from public parking areas or garages. Thieves find trikes attractive due to their high value, exceptional popularity, relative rarity, or because they are comparatively easy to sell. To prevent theft, it is crucial to secure your bike with a sturdy lock, store it in a secure location, and take precautions while transporting it. However, even with the best precautions, trikes can still be stolen. In such instances, having insurance for your bike can provide financial protection and minimize downtime by helping to cover the cost of replacement.

America's best tricycle insurance

Our policy offers a wide range of optional coverages to eliminate or minimize risks of cycling lifestyle.

Any Accidental Damage

The cyclist insurance policy will pay to replace the bike when the bike is accidentally damaged beyond repair. If the damage can be repaired, the policy will pay all the costs associated with the repair. Cosmetic damage is excluded.

Liability Coverage

We will protect you from personal liability (injury, sickness, death, or damage to property) you cause while riding your bike. Coverage limits offered: $25,000, $50,000 or $100,000 per occurrence.

E-trike 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.

Electric tricycle coverage

Electric tricycles are an excellent substitute for a vehicle in urban environments. With extended range, hill climbing ability, higher speeds and ability to carry substantial cargo, they can be operated without a driver’s license and by people with special needs.

e trike coverage

Electric bikes have undoubtedly become a permanent fixture in the biking world, despite previously being a controversial topic. While electrification makes any bike more versatile and fun, trikes are particularly noteworthy because of their niche use-case. With the help of an electric motor, trikes can travel farther and faster while carrying heavy loads up steep hills. Due to their relative ease of operation and accessibility, they have become a viable alternative to a family car or SUV, especially for the elderly and those with limited mobility and special needs. Our policy covers electric bikes and trikes just like normal bikes. Additional optional coverages such as liability, medical payments, and vehicle contact protection are also available.

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, the Velosurance-issued 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

The Velosurance-issued 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. Your Velosurance-issued 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

The Velosurance-issued 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, the Velosurance-issued 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, the Velosurance-issued 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 over time, 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. We pay what you paid, minus the deductible.

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.

Why Velosurance is best for your tricycle

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 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 Bike RentalYesNo
Event Fee ReturnYesNo
Cycling Apparel CoverageYesNo
Medical PaymentsYesPossibly
Racing CoverageYesNo
E-bikesYesNo
Coverage in-transitYesNo
USAC, USAT and IMBA Member DiscountYesNo
 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

"I was extremely satisfied when I had to file a claim for an accident that damaged my bike frame. After submitting the bike shops report and estimate, a check arrived in the mail within a few days. I also appreciate having roadside service available. They clearly are an honest and reputable company. "

Luke R

Luke R

Dallax, TX

"I have been using Velosurance for a few years now and have received nothing but top-notch service. Thankfully I have only had to file claims a couple of times and each time I have received very fast reimbursements for both medical and bike repair costs. "

Joshua S

Joshua S

Boulder, CO

"In three years I made two Velosurance claims and both were paid within a week and for exactly the cost of repair to my bike. I ride an $8k bike and having insurance helps me sleep better at night knowing that this insurance will reimburse me if someone broke into my garage and stole my bike. "

David H

David H

Miami, FL

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.'

Use the chat widget during 9-5 EST to chat to a live agent

888-663-9948

America's best tricycle insurance

The bicycle insurance policy protects you and your trike from all cycling risks like crashes, theft, medical expenses, or personal liability.

Free instant quote

We never share your email
You can add more bikes later

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.

velosurance mission

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.

Fat bike buying guide

Read More

Fat bike buying guide

Whether you are a road cyclist, gravel rider, mountain biker, or all of the above, once the snow starts flying, many cyclists put their bikes away until the spring thaw....

12 Feb 2024 By Travis Reill
Everything you need to know about bicycle tourism

Read More

Everything you need to know about bicycle tourism

If you’re a serious cyclist, you’re certainly familiar with the feeling of arriving at your vacation destination, looking around and seeing amazing routes or trails, and wishing you had brought...

29 Jan 2024 By Travis Reill
How to properly maintain an electric mountain bike

Read More

How to properly maintain an electric mountain bike

With the growing popularity of E-mountain bikes (e-MTB), we see more and more people using them to hit the trails. In response, almost every major mountain bike manufacturer now offers...

18 Jan 2024 By Travis Reill
A buyer's guide to the best bicycle and e-bike insurance

Read More

A buyer's guide to the best bicycle and e-bike insurance

When specialty bicycle insurance is discussed, one might be quick to associate it with coverage on high-end or customized bicycles owned by aficionados and used for racing or other special...

12 Dec 2023 By Denis Voitenko
Why electric mountain bike riders should consider specialty bicycle insurance

Read More

Why electric mountain bike riders should consider specialty bicycle insurance

If riding an electric mountain bike is an important aspect of your lifestyle, purchasing bike insurance is a logical choice. Many of the risks associated with owning and riding an...

21 Nov 2023 By Katrina Rossi
Protect your bike from theft when camping or traveling by RV

Read More

Protect your bike from theft when camping or traveling by RV

Countless cyclists eagerly anticipate the arrival of summer’s warm weather, longer daylight hours, green landscapes, and cycling events However, for others, summertime means scorching sunshine and soaring temperatures

10 Oct 2023 By Katrina Rossi

Velosurance discounts

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.