If I injure someone or damage their property, am I covered?

With BikeInsure, no. It has no third-party liability coverage and none can be added, so legal defense and any damages come out of your pocket. Velosurance offers optional liability from $25,000 to $500,000, with legal defense costs paid on top of your limit, so the policy can defend you and pay a covered claim up to the limit you choose.

If I lend my bike to a friend and they crash, is it covered?

Under BikeInsure, the policy doesn’t say. Its forms never mention a borrower riding the bike: nothing extends coverage to them, and nothing excludes the damage, so the owner’s equipment claim turns on the absence of an exclusion rather than on any promise in the policy. What is certain is that the borrower has no protection of any kind: no liability coverage if they injure someone, and no medical coverage for their own injuries. Velosurance answers the question in writing: anyone riding your bike with your permission is an insured, and the optional liability and Uninsured Motorist coverages you’ve purchased ride along with them.

If my bike is stolen, how much will I get, and is theft even included?

With BikeInsure, theft is a separate coverage you have to opt into; skip it and a stolen bike is not covered at all. When you carry it, BikeInsure pays up to the value you scheduled, less a deductible ($150–$250 depending on program generation and selection, with options to $750). Velosurance includes theft in the base policy with no separate form, pays to replace your bike with one of like kind and quality up to your declared value, and lets you choose a deductible as low as $200.

If my bike is damaged in a crash, will you repair or replace it?

BikeInsure settles a damage claim at the least of the repair cost, a like-kind replacement, or the value you scheduled, so its contract can pay for a repair rather than replace your frame. It markets that it has replaced cracked carbon frames, but that is a self-reported claim it has not substantiated, not a guarantee written into the policy. Velosurance pays the amount necessary to repair or replace your bike with like kind and quality, less your deductible, up to your full declared value, with no “least of” clause steering the decision toward the cheaper option.

If my carbon frame is broken, will you replace it?

BikeInsure’s physical-damage form does not cover “bicycle parts covered by a manufacturer warranty,” and nearly every carbon frame is sold under one. After a crash, that exclusion gives BikeInsure grounds to send you back to the frame maker. But a manufacturer warranty covers defects, not crash damage, and a crash-replacement program only sells you a discounted frame, so you can be left paying for the new frame yourself. BikeInsure also settles at the least of the repair cost, a like-kind replacement, or your scheduled value, so its contract can favor the cheaper repair, and its public claim that it replaces cracked carbon frames is self-reported and unverified, not written into the policy. Velosurance has no manufacturer-warranty exclusion and no “least of” clause: it pays the amount necessary to restore your bike to like kind and quality, less your deductible, up to your declared value, whether or not your frame carries a warranty or crash-replacement program.

What if I am hit by an uninsured or hit-and-run driver?

BikeInsure has no Uninsured Motorist coverage and no medical payments coverage, so your injury costs fall on you. Velosurance offers optional medical payments up to $10,000 and optional Uninsured Motorist coverage up to $10,000, both of which respond when you are hit by an uninsured or hit-and-run driver.

Is BikeInsure primary, or will another policy have to chip in?

It depends on which program your state has. Under the 2026 revision, BikeInsure shares pro rata with other insurance covering the bike on the same basis; its pre-2026 forms were primary. Velosurance is primary across its coverages in every state, so it pays first up to your limit, and you are not left splitting a claim with another insurer or filing on your homeowners policy, where a claim can stay on your record and raise your rates.

Do I pay more to insure an e-bike?

With BikeInsure, it depends on your state’s program, and increasingly yes. Its 2026 rate structure prices e-bike theft at roughly 3.5 times the standard-bike theft rate ($4.20 versus $1.20 per $100 of value each year); its older flat pricing had no e-bike surcharge, but that pricing is being retired as states approve the revision, and policies move to the new rates at renewal. Velosurance prices e-bikes the same as standard bikes, with no e-bike theft surcharge, and covers Class 1, 2, and 3 e-bikes under every coverage option.

Velosurance vs BikeInsure

When you compare bicycle insurance, the real question isn't whether your bike is covered. It's whether you are. BikeInsure is an equipment policy. It pays to repair or replace your bike, and you can add theft as a separate option, but that's where it ends. It has no liability coverage if you injure someone, no medical payments for your own injuries, and nothing if an uninsured or hit-and-run driver hits you. Velosurance lets you put all of it on one policy: your bike, your gear, your medical bills, your responsibility to others, and your own injuries when an uninsured driver is at fault. The difference isn't a detail. It's the whole point of being insured.

Price is not the differentiator. For a $2,000 road bike in New York, $24.99 a month buys BikeInsure's equipment-only policy: repair, replacement, and theft coverage for the bike, and nothing else. For $24.83 a month, Velosurance covers the same bike against damage and theft, then adds the three coverages that protect the rider: liability if you injure someone or damage their property, medical payments toward your own injuries after a crash, and Uninsured Motorist protection when a driver hits you and cannot pay. Sixteen cents less, for a policy that protects you and not just the bike. (Figures use the starting limits shown in the pricing examples below.)

Two policies, one website

BikeInsure is selling two materially different policies through one national website, and the site does not tell you which one you are buying. Most states still get the original 2022 program: a $10,000 annual aggregate cap per bicycle, $100 damage and $250 theft deductibles, flat pricing, and no international coverage at any price. A limited but growing number of states get the 2026 revision: no cap, bikes accepted to $50,000, a $150 base deductible, value-based rates, and an optional international endorsement at extra premium. Existing customers stay on the old policy until it renews after their state approves the new one, yet the website advertises the new program's numbers to everyone. If you have a BikeInsure policy, check your declarations page to see which one you actually own.

Velosurance sells one policy, the same in every state: full declared value with no cap, one deductible per loss, and the same optional coverages everywhere.

Coverage comparison

A policy is only as good as the coverage it provides.

Coverage		BikeInsure
Who Pays First
Primary over other insurance	Yes	Depends on program
Equipment Protection
Physical damage (all-risk)	Covered	Covered
Theft	Covered, no separate form	Limited
Program value ceiling	None: full declared value	Limited
E-bike theft pricing	No e-bike-specific theft surcharge	Limited
Cycling apparel (helmet, shoes, kit)	Up to $500/claim, no deductible	Not covered
Spare parts	Up to $500/claim, no deductible	Not covered
Newly acquired bike	30-day automatic coverage	Must update schedule
Temporary substitute bike	Covered during repairs	Not covered
Rider & Third-party Protection
Third-party liability^*	Covered	Not covered
Medical payments (rider injuries)^*	Covered	Not covered
Vehicle contact / hit-and-run^*	Covered	Not covered
Who Is Covered
Permissive use	Anyone riding with permission	Limited
Competitive Cycling
Replacement bike rental	Covered	Not covered
Entry fee reimbursement (competitive events)	Covered	Not covered
Geography
Standard territory	USA + Canada	USA + Canada
E-bike Liability
New Jersey e-bike liability requirement^†	Yes	Not covered
POLICY & PRICING
Payment plans	Flexible	Limited
Multi-bike household discount	Up to 15% off physical damage; up to 40% off liability, medical, and UM	Limited
	Get a quote
^* Optional coverage available on Velosurance policies, additional premium applies. ^† N.J. S4834/A6235 (effective January 19, 2026): liability insurance required for e-bikes with a throttle or assistance above 20 mph, minimum limits $15,000 bodily injury per person / $30,000 per accident / $5,000 property damage.

Critical Gaps in BikeInsure

No Liability Coverage

BikeInsure contains no third-party liability module. A cyclist who causes bodily injury or property damage to another person has zero coverage for legal defense costs or damages. Given that liability claims against cyclists can reach five or six figures, this is a material omission for any rider who shares roads or paths with pedestrians and other cyclists.

No Medical Payments Coverage

BikeInsure does not cover the rider's own medical expenses following a crash. Ambulance, emergency room, surgery, and hospital costs are entirely out of pocket unless the rider carries separate health insurance, and that insurer agrees to cover cycling injuries.

No Uninsured Motorist coverage

BikeInsure provides no coverage for injuries sustained when a cyclist is struck by a motor vehicle, including hit-and-run situations where the driver is never identified. Velosurance's Uninsured Motorist coverage responds directly to this scenario.

Permissive Use Restricted to Household

BikeInsure defines an "insured" as the named insured, their spouse, and household relatives only.* Velosurance defines an insured as "you and any person, firm, corporation or legal entity that may be operating the insured bicycle with your prior permission."† Lend your bike to a friend, a teammate, or your kid, and under Velosurance they are covered exactly as you are, and the optional coverages you've purchased, liability, medical payments, and Uninsured Motorist, ride along with them. Under BikeInsure, whether the bike's damage is covered when someone else crashes it, the policy doesn't say: nothing extends coverage to a borrower, and nothing excludes the damage, so the owner's claim rests on the absence of an exclusion rather than on any promise in the policy. The borrower themselves has no protection of any kind, and because BikeInsure sells no liability coverage at all, no one is protected if a borrower injures someone. One caution that applies to both policies: theft committed by the person you entrusted the bike to is excluded under either policy, an industry-standard limitation, not a difference between the two.‡

* Great American Spirit Insurance Company, Common Policy Provisions, form EIP-GN-0002, §B.2 (12/21 ed., SERFF PERR-133140434; 12/25 ed., SERFF GACX-134839028).
† The Markel Cyclist Policy, form MCY1001-0612, Definitions ¶11 (“Insured means you and any person, firm, corporation or legal entity that may be operating the insured bicycle with your prior permission”).
‡ Great American Spirit Insurance Company, Bicycle Theft Coverage, form EIP-GN-0201A (12/25), §C.2; The Markel Cyclist Policy, form MCY1001-0612, Physical Damage Exclusions ¶13.

Physical Damage Caps: $10,000 on Pre-2026 Forms

Policies on BikeInsure's pre-2026 forms carry a hard $10,000 annual aggregate limit per bicycle, printed on the declarations page.* Any bike worth more than that, which now includes most performance road, triathlon, and eMTB builds, is underinsured by definition. The 2026 revision removes the aggregate cap, settles claims per occurrence, and accepts bikes to $50,000, but only in states where it is approved, and existing riders stay capped at $10,000 until their policy renews onto the new forms. Velosurance insures every bike at its full declared value, with no cap, in every state.

* Great American Spirit Insurance Company, Equipment Insurance Policy Declarations, form EIP-GN-0001 (12/21), Coverage(s) and Limits (“$10,000.00 per Bicycle (Annual Aggregate)”); Bicycle Physical Damage Coverage, form EIP-GN-0201 (12/21), §D Limits of Insurance; Bicycle Theft Coverage, form EIP-GN-0201A (12/21), §D Limits of Insurance; SERFF PERR-133140434.

Higher Theft Cost for E-Bikes

Under BikeInsure's 2026 rate structure, in states where it is approved, e-bike theft coverage costs 3.5 times the standard rate: $4.20 per $100 of value per year versus $1.20 for a conventional bike, while the damage rate stays the same, so the penalty falls entirely on theft.* On a $5,000 e-bike that is about $210 a year for theft alone, versus roughly $60 for a non-e-bike of the same value, and the surcharge rises with the bike's value. BikeInsure's older flat pricing had no e-bike surcharge, but it is being retired as states approve the revision.

* Great American Spirit Insurance Company, Equipment Insurance Policy Rate Manual, Section 01, Premium (12/25), SERFF GACX-134839028.

Renewal alert for BikeInsure e-bike owners

Still paying BikeInsure's flat $24 a month ($288 a year) for e-bike damage plus theft? That pricing is going away, and not just for new customers: BikeInsure's own renewal rule moves existing policies to the premiums in effect on the renewal date,* so as each state approves the 2026 rates, e-bike policies re-price at their next renewal.

At the new rates (single bike, damage plus theft, before fees and discounts), a $3,500 e-bike runs about $339 a year, up 18%. A $5,000 e-bike runs about $402, up 40%. An $8,000 e-bike runs about $624, up 117%. Only e-bikes under roughly $2,300 stay near the old price, because the policy minimums take over.

Velosurance rates Class 1, 2, and 3 e-bikes like any other bike of the same value, in every state. If your BikeInsure renewal is coming up, get a quote before you auto-renew.

* Great American Spirit Insurance Company, Equipment Insurance Policy Rule Manual, Rules 0107-0108 (renewal subject to forms and premiums in effect at renewal), SERFF PERR-133140434 / GACX-134839028.

How a Damaged Bike Is Repaired or Replaced

On the core question of how a damaged bike is settled, the two policies are practically the same. Both pay to repair or replace the bicycle with like kind and quality, less the deductible, up to the insured value, and on an ordinary repairable claim the payout is much the same. Velosurance is modestly stronger on wording: it pays the amount necessary to repair or replace with like kind and quality, with no “least of” clause, whereas BikeInsure pays the least of the repair cost, a like-kind replacement, or the scheduled amount. In practice that wording edge rarely changes the dollars on a typical claim.

The one substantive difference in this area is an exclusion: BikeInsure’s physical-damage form does not cover “bicycle parts covered by a manufacturer warranty,” and Velosurance’s has no equivalent carve-out, which can create a coverage dispute on a high-end carbon frame that a Velosurance policyholder does not face. The larger differences between the two policies lie elsewhere: Velosurance is primary rather than pro-rata, and applies a single deductible per loss rather than separate physical-damage and theft deductibles.

Example Pricing - Popular Models

BikeInsure sells equipment coverage only. Velosurance covers physical damage and theft in one figure and adds liability, medical payments, and Uninsured Motorist. Coverage-for-coverage on equipment, Velosurance is the better price for most riders, and its full four-coverage package often costs about the same as BikeInsure’s equipment-only policy. Examples below use popular models at New York rates, $200 deductible, single bike, no discounts applied. Liability, medical payments, and Uninsured Motorist are optional coverages that can be added at a range of limits for additional premium; the figures here use liability $25,000, medical payments $2,500, and Uninsured Motorist $10,000. BikeInsure figures reflect its 2026 rate structure, which New York quotes today; quotes in states still on its pre-2026 flat pricing will differ, and bikes valued over $10,000 cannot be insured at full value there.

Bike (how it’s ridden)	Insured Value	Velosurance: equipment	BikeInsure: equipment	Velosurance: all 4 coverages
Trek FX 3 Disc (everyday, casual use)	$1,000	$100/yr	$240/yr	$230/yr
Specialized Turbo Vado 4.0 (e-bike, casual use)	$3,500	$238/yr	$338/yr	$400/yr
Specialized Allez Sprint (fitness use, alloy)	$2,800	$191/yr	$240/yr	$353/yr

Even at the high end, the two stay close. On a $12,000 carbon race bike, the two policies cost about the same for equipment alone (roughly $1,370/yr each). Adding Velosurance’s optional coverages (liability $25,000, medical payments $2,500, and Uninsured Motorist $10,000) brings the full package to about $1,540/yr, roughly $170 more, and that $170 buys protection BikeInsure cannot sell at any price. Lower base-rate states (for example MI or MN) widen Velosurance’s advantage; the highest base-rate states (CA, TX, FL) narrow it for casual bikes.

Multi-Bike Discount

Velosurance applies automatic discounts when multiple bikes are insured on one policy: up to 15% off physical damage and up to 40% off liability, medical, and Uninsured Motorist. BikeInsure offers a smaller multi-bike discount of 5% off physical damage only; theft and other coverages are not discounted.

Bikes on policy	Velosurance: physical damage	Velosurance: liability / medical / UM	BikeInsure
1	None	None	None
2	10% off	25% off	5% off physical damage only
3+	15% off	40% off	5% off physical damage only

Insure two $2,000 bikes on one Velosurance policy and the multi-bike discount brings the pair to $488/yr ($40.67/mo). That price protects the riders, not just the bikes, with $25,000 of liability, $2,500 of medical payments, and $10,000 of Uninsured Motorist. Two bikes on BikeInsure cost about the same, roughly $480/yr ($40/mo), but cover only the bikes; its multi-bike discount is just 5% on physical damage and does not lower the per-bike minimum.

Coverage Territory: Worldwide

BikeInsure

BikeInsure’s coverage territory is the United States (including its territories and possessions) and Canada,* including transit within those borders. Under the pre-2026 forms there is no international option at any price. The 2026 revision adds an international option, but read the fine print the website leaves out: it is an optional endorsement at extra premium, available only in states where the revision is approved, and it must be selected on the schedule. BikeInsure’s own filing describes it as “a new optional coverage an insured can select.”† The website nonetheless markets worldwide coverage as included with its competitive tier. It is not included anywhere: in most states it does not exist, and where it does, it costs extra. A cyclist on the pre-2026 forms, or one who has not purchased the endorsement where it exists, has zero coverage for loss, damage, or theft the moment the bike leaves the US or Canada.

Velosurance

Standard coverage applies within the United States and Canada, but many riders go far beyond that. If you’re planning a cycling trip abroad, whether it’s a bucket-list tour through the Alps, a gravel adventure in Spain, or a multi-day ride across Italy, you can extend your coverage worldwide.

With our optional Worldwide endorsement (a 10% surcharge on physical damage premium), your bike stays protected wherever your ride takes you. This includes:

Coverage during international travel, including transit by land or air.
Protection against theft or crash damage abroad.
Confidence in bringing your own bike on European tours, cycling vacations, or destination events.

If your bike is stolen in Amsterdam or damaged on a descent in the Dolomites, your coverage still applies just as it would at home.

* Great American Spirit Insurance Company, Common Policy Provisions, form EIP-GN-0002, Policy Territory provision (12/21 ed. §14, SERFF filing PERR-133140434; 12/25 ed. §E.14, SERFF filing GACX-134839028).
† Great American Spirit Insurance Company, International Coverage, form EIP-GN-0202 (12/25), and Form Explanatory Memorandum (“a new optional coverage an insured can select”), SERFF GACX-134839028.

NJ E-bike Liability Insurance Compliance

New Jersey is now the first state in the country to require liability insurance for certain e-bikes. If your bike falls into the “motorized bike” category, this is not optional: it’s required to legally ride. If your bike has a throttle or assists above 20 mph, you must carry liability coverage with the minimum limits of $15,000 bodily injury per person/$30,000 bodily injury per accident/$5,000 property damage.

BikeInsure carries no liability coverage of any kind. A New Jersey e-bike rider relying solely on BikeInsure is uninsured for liability purposes and in violation of NJ S4834/A6235 from the effective date of the law.

Velosurance

We offer optional liability coverage with limits ranging from $25,000 to $500,000. Our $100,000 limit satisfies the NJ S4834 / A6235 requirement. It can be added to any policy and will protect you from liability if you cause injury or property damage to others.

Real-World Scenarios: Where BikeInsure Falls Short

The structural gaps in BikeInsure are most visible when tested against realistic cycling situations. The following scenarios illustrate concrete coverage outcomes under each policy.

Cyclist Causes Injury to a Pedestrian

ScenarioA cyclist runs a red light and collides with a pedestrian, who sustains a broken hip. The pedestrian's medical bills and lost wages total $85,000. The pedestrian sues.

Velosurance

Third-party liability responds to the suit. Velosurance assigns and pays a defense attorney to represent the cyclist, then pays the settlement or court judgment up to the limit selected (available up to $500,000); with a $100,000 limit the full $85,000 is paid by the policy, not the cyclist, and defense costs are covered on top of that limit.

BikeInsure

No liability coverage of any kind. The cyclist must defend and pay the claim entirely out of pocket. There is no option to add liability to a BikeInsure policy.

Cyclist Struck by a Hit-and-Run Driver

ScenarioA cyclist is hit by a car that flees the scene. The cyclist suffers a concussion and fractures, with $28,000 in emergency and hospital costs.

Velosurance

Medical Payments covers immediate injury expenses regardless of fault, up to your selected limit. Uninsured Motorist coverage provides additional indemnification, up to its selected limit, when the at-fault driver cannot be identified, including hit-and-run.

BikeInsure

No medical payments coverage. No uninsured motorist coverage. The cyclist's injuries and resulting costs are entirely outside the scope of the policy.

Lending a Bike to a Friend or Teammate

ScenarioA cyclist lends a $5,000 bike to a training partner for the weekend. The partner crashes, totaling the bike, and a third-party cyclist is also injured in the crash.

Velosurance

Permissive use extends full coverage to the borrowing rider: physical damage on the bike is covered, and liability for the injured third party is covered up to the selected limit.

BikeInsure

The policy doesn’t say. BikeInsure’s forms never mention a borrower riding the bike, so the owner’s damage claim turns on the absence of an exclusion rather than on any promise in the policy. What is certain: the injured third party’s claim is entirely uncovered because BikeInsure has no liability module, and the training partner has no coverage for their own injuries. At best the bike is protected; the humans are not.

NJ e-bike Commuter

ScenarioA New Jersey resident commutes daily on a Class 3 e-bike following the enactment of NJ S4834/A6235 (January 19, 2026), which mandates minimum liability insurance of $15,000/$30,000/$5,000 for former Class 2 and Class 3 e-bike riders.

Velosurance

Liability coverage available up to $500,000, well above the NJ statutory minimums. The commuter is legally compliant from the law's effective date.

BikeInsure

No liability module exists. The BikeInsure policyholder riding an NJ-reclassified e-bike is uninsured for liability and in violation of NJ law, regardless of how many BikeInsure endorsements or forms they hold.

Race Participant (Bike Lost Away From Home)

ScenarioThe policyholder drives about 150 miles to an organized race. Overnight, their bike, locked with a chain to the properly fitted hitch rack on their car in the hotel parking lot, is stolen. They file a police report that morning, then rent a replacement from a nearby bike shop for $200 so they can still compete.

Velosurance

The theft is a covered loss. The policy’s definition of ‘immovable object’ expressly includes a properly fixed vehicle bike rack,* so a bike locked to the car’s rack satisfies the theft coverage conditions. And because the loss occurs more than 50 miles from home for an organized race, rental reimbursement pays up to $250 toward the rental, with no deductible.

BikeInsure

No rental reimbursement exists, so the $200 rental is out of pocket. BikeInsure also has no race entry fee reimbursement.

Cargo Bike with Child Passenger

ScenarioA parent uses a $4,500 cargo e-bike to transport two children to school. The cargo bike strikes a car door at low speed; both children are shaken and the car door is dented. The car owner demands $1,200 in repairs.

Velosurance

Third-party liability covers the $1,200 property damage claim and any associated legal costs.

BikeInsure

No liability coverage. The $1,200 property damage claim must be settled out of pocket, with no legal defense.

* The Markel Cyclist Policy, form MCY1001-0612, Definitions ¶10.b (“a properly fixed motor vehicle roof rack or properly fixed vehicle bicycle rack”).

BikeInsure program facts in this comparison are drawn from public regulatory filings: the original program filing (SERFF PERR-133140434, approved March 2022) and the 2026 revision filing (SERFF GACX-134839028 and companion state filings, effective on approval, state by state), together with policy specimens. Page last reviewed August 2026. Coverage details, limits, deductibles, and availability vary by state, program generation, and individual policy selections. Pricing examples are illustrative; actual premiums vary. This page is informational and is not legal or insurance advice.

Frequently Asked Questions

If I injure someone or damage their property, am I covered?: With BikeInsure, no. It has no third-party liability coverage and none can be added, so legal defense and any damages come out of your pocket. Velosurance offers optional liability from $25,000 to $500,000, with legal defense costs paid on top of your limit, so the policy can defend you and pay a covered claim up to the limit you choose.
If I lend my bike to a friend and they crash, is it covered?: Under BikeInsure, the policy doesn’t say. Its forms never mention a borrower riding the bike: nothing extends coverage to them, and nothing excludes the damage, so the owner’s equipment claim turns on the absence of an exclusion rather than on any promise in the policy. What is certain is that the borrower has no protection of any kind: no liability coverage if they injure someone, and no medical coverage for their own injuries. Velosurance answers the question in writing: anyone riding your bike with your permission is an insured, and the optional liability and Uninsured Motorist coverages you’ve purchased ride along with them.
If my bike is stolen, how much will I get, and is theft even included?: With BikeInsure, theft is a separate coverage you have to opt into; skip it and a stolen bike is not covered at all. When you carry it, BikeInsure pays up to the value you scheduled, less a deductible ($150–$250 depending on program generation and selection, with options to $750). Velosurance includes theft in the base policy with no separate form, pays to replace your bike with one of like kind and quality up to your declared value, and lets you choose a deductible as low as $200.
If my bike is damaged in a crash, will you repair or replace it?: BikeInsure settles a damage claim at the least of the repair cost, a like-kind replacement, or the value you scheduled, so its contract can pay for a repair rather than replace your frame. It markets that it has replaced cracked carbon frames, but that is a self-reported claim it has not substantiated, not a guarantee written into the policy. Velosurance pays the amount necessary to repair or replace your bike with like kind and quality, less your deductible, up to your full declared value, with no “least of” clause steering the decision toward the cheaper option.
If my carbon frame is broken, will you replace it?: BikeInsure’s physical-damage form does not cover “bicycle parts covered by a manufacturer warranty,” and nearly every carbon frame is sold under one. After a crash, that exclusion gives BikeInsure grounds to send you back to the frame maker. But a manufacturer warranty covers defects, not crash damage, and a crash-replacement program only sells you a discounted frame, so you can be left paying for the new frame yourself. BikeInsure also settles at the least of the repair cost, a like-kind replacement, or your scheduled value, so its contract can favor the cheaper repair, and its public claim that it replaces cracked carbon frames is self-reported and unverified, not written into the policy. Velosurance has no manufacturer-warranty exclusion and no “least of” clause: it pays the amount necessary to restore your bike to like kind and quality, less your deductible, up to your declared value, whether or not your frame carries a warranty or crash-replacement program.
What if I am hit by an uninsured or hit-and-run driver?: BikeInsure has no Uninsured Motorist coverage and no medical payments coverage, so your injury costs fall on you. Velosurance offers optional medical payments up to $10,000 and optional Uninsured Motorist coverage up to $10,000, both of which respond when you are hit by an uninsured or hit-and-run driver.
Is BikeInsure primary, or will another policy have to chip in?: It depends on which program your state has. Under the 2026 revision, BikeInsure shares pro rata with other insurance covering the bike on the same basis; its pre-2026 forms were primary. Velosurance is primary across its coverages in every state, so it pays first up to your limit, and you are not left splitting a claim with another insurer or filing on your homeowners policy, where a claim can stay on your record and raise your rates.
Do I pay more to insure an e-bike?: With BikeInsure, it depends on your state’s program, and increasingly yes. Its 2026 rate structure prices e-bike theft at roughly 3.5 times the standard-bike theft rate ($4.20 versus $1.20 per $100 of value each year); its older flat pricing had no e-bike surcharge, but that pricing is being retired as states approve the revision, and policies move to the new rates at renewal. Velosurance prices e-bikes the same as standard bikes, with no e-bike theft surcharge, and covers Class 1, 2, and 3 e-bikes under every coverage option.

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