Velosurance is a national bike insurance specialist 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
2720 E. Yampa St. Suite 7B Colorado Springs, CO 80909 United Statessupport@velosurance.com +1 (888) 663 9948
When you compare bicycle insurance, the question isn’t simply whether you’re covered, it’s how much, under what conditions, and how far that protection reaches. Sundays is built around the bike, but even there its coverage comes with real strings: an 80% underinsurance penalty that can quietly cut what you collect, depreciation that erodes claims on an older bike, and a long list of theft conditions you have to satisfy for a claim to pay. And it stops at the bike, with no liability coverage if you injure someone, no protection from an uninsured or hit-and-run driver, no coverage for a friend who borrows your bike, and a thin medical limit. For an everyday rider, that combination is the real gap. Velosurance puts the whole picture 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.
Coverage details, limits, and exclusions vary by state and by the optional coverages elected at the time of policy issuance.
Critical Gaps in Sundays
The 80% Underinsurance Penalty
This is the gap most likely to catch out an ordinary rider. Sundays measures the amount you insured your bike for against its replacement cost at the time of the claim, not the price you paid. If your sum insured comes in under 80% of that replacement cost, Sundays reduces every settlement proportionally, including routine partial-damage claims, not just total losses. The trap is that bike prices keep climbing, and models are regularly discontinued and replaced by pricier ones, so the cost to replace your bike a few years from now can sit well above what you insured it for, even if you insured it accurately the day you bought it. A rider who did nothing wrong can watch an ordinary repair claim get marked down simply because the market moved. Velosurance pays up to your declared value with no coinsurance clause, and we encourage insuring your bike for its full value so you’re never caught short.
Pays Only After Your Other Insurance
Sundays is an excess policy, which means that when another policy you hold (such as homeowners or renters) also covers a loss, Sundays pays only after that insurance. In practice you may have to file a homeowners claim first, pay its larger deductible, and accept a claim on your home record that can raise your rates for years, with Sundays covering only what is left. This excess rule is the standard in most states. A few states change how it works, though none of them make Sundays pay first the way primary coverage does: in Georgia, Michigan, and New York, Sundays instead pays only its proportional share of a loss another policy also covers; in California and Washington, which policy pays first depends on which one is older; and in Illinois, Sundays shares proportionally with similar policies but stays excess over the rest. Velosurance is primary across its coverages, so it pays your claim first, with no homeowners claim required. Your bike claim stays off your home insurance record and won’t raise your home rates.
No Liability Coverage
Sundays includes no third-party liability coverage, and it can’t be added. The policy is explicit that it won’t cover an insured’s legal liability for bodily injury or property damage to another person. For an everyday cyclist that’s a real exposure: clip a pedestrian on a shared path, scratch a parked car while filtering through traffic, or bring down another rider, and you’re on your own for legal defense and any damages. Velosurance offers optional liability limits from $25,000 to $500,000 with legal defense costs included, which also helps you meet state minimums and the underlying-limit requirements that personal umbrella policies expect.
No Permissive Use
Sundays covers only the person or people named on the declarations. There’s no extension to a spouse, a household member, or anyone you lend the bike to. Hand your bike to a friend, a training partner, a teammate, or even an adult child who isn’t listed, and that ride is uninsured. Velosurance covers you and anyone riding your bike with your permission, so a borrower rides with the same protection you have, including optional liability and Uninsured Motorist coverage where you’ve elected them.
No Uninsured Motorist or Hit-and-Run Protection
Sundays doesn’t cover your injuries when you’re struck by a car, and it specifically won’t respond when the at-fault driver is uninsured, underinsured, or flees the scene, which are exactly the situations a road cyclist worries about most. Velosurance offers optional Uninsured Motorist coverage up to $10,000 that responds directly to hit-and-run and uninsured-driver crashes.
A Thin Medical Payments Limit
Sundays’ medical payments benefit is capped at just $1,000, which won’t even cover stitches and an emergency-room visit after a typical crash, let alone an X-ray or a fracture, and it pays only after any other insurance you have. As a secondary concern, the benefit is removed entirely in New York, so a New York rider gets no medical coverage under the policy at all. Velosurance offers optional medical payments from $1,000 to $10,000, available as primary or excess, in every state it writes.
Strict Theft Security Conditions
Every Sundays theft claim is conditioned on a long checklist, and many of the conditions are hard to live by and harder to prove after the fact. Your lock has to be on Sundays’ approved-lock list. Whenever the bike is locked in public it only counts as “attended” if it’s within 5 yards and in your direct line of sight, which almost no one manages in real life: lock up at a café rack and step inside for a coffee and you’re already well beyond 5 yards and out of sight. A bike on a vehicle rack outside daylight hours isn’t covered at all unless it’s inside a locked vehicle and anchored to a secure point. Miss any one of these and the claim can be denied, and after a theft it can be nearly impossible to prove you met every condition. Velosurance also expects you to lock your bike to an immovable object with a proper lock, which is reasonable, but it doesn’t impose a brand-specific approved-lock list, a 5-yard line-of-sight rule, or a daylight-hours restriction on carrying your bike on a rack.
60-Day Window for New-for-Old
Sundays’ Lifetime New-for-Old option, the feature that removes depreciation from a claim, is only available if you elect it within 60 days of buying the bike new. Shop around, switch insurers later, or buy a bike second-hand, and you can’t get it. Outside that window, Sundays settles at actual cash value with 10% a year of straight-line depreciation, so a five-year-old bike is valued at half its retail price and a ten-year-old bike at practically nothing. Velosurance pays to repair or replace your bike with like kind and quality, with no depreciation applied to the bike and no election window to miss.
Sponsored and Professional Cyclist Exclusion
Sundays excludes both professional and sponsored cyclists, and it defines “sponsored” broadly: anyone who receives $2,500 or more in a rolling 12-month period from sponsors, in cash or in kind. Free or discounted bikes, components, apparel, race entries, travel, and lodging all count. Plenty of elite-amateur team riders cross that line on kit and comped entries alone, which makes them ineligible. Velosurance covers acting as a professional cyclist as a normal use of the bike, and reviews sponsored riders individually rather than excluding them outright.
Abandonment and Behavioral Exclusions
Sundays excludes any loss where the bike was “abandoned,” which it defines as left unattended away from home for more than 24 hours. That catches ordinary commuter habits: lock your bike at the train-station rack on Friday morning, ride the train in, and travel for the weekend, and by the time you’re back on Sunday it has sat there well past 24 hours. If it’s stolen in the meantime, the abandonment exclusion can apply. Sundays also excludes loss while a bike sits in a race transition area more than 24 hours before or after the event without prior written approval.
Permissive Use
Cycling is more fun with friends, and lending your bike is one of the best ways to share the sport. Not every policy is built for that. When someone else is on your bike, the difference in coverage matters more than you’d think.
Sundays
Sundays covers only the people named on your declarations, not whoever is riding with your permission. That means:
A friend who borrows your bike is not an insured person.
Coverage follows the named insured, not the rider.
If your friend crashes your bike, there’s no coverage, and no liability protection for anyone they might injure.
Velosurance
Our policy is built for how people actually ride and share bikes. Coverage extends to anyone riding your bike with your permission, so your friend is treated as an insured, not an exception. And your optional coverages stay intact even when someone else is riding:
Physical damage coverage
Liability coverage
Uninsured Motorist coverage
Medical payments coverage
Racing coverage, where elected
Put simply, this protection applies to whoever is riding your bike with your permission, not just to you as the policyholder.
Coverage Territory: Worldwide
Both Sundays and Velosurance let you extend coverage when you travel abroad, but Sundays’ version is limited. Sundays caps its Worldwide extension at 90 days total in any 12-month period, so a rider who tours or races overseas for a full season can run out of coverage partway through the trip. Velosurance’s optional Worldwide endorsement, a 10% surcharge on physical damage premium, has no annual day cap, so your bike stays covered for the whole trip, wherever you ride.
Sundays ties every theft claim to a detailed set of security rules. Miss any one and the claim can be denied:
At home when no one is in: every door and window of the house, garage, and outbuildings must be locked.
Away from home and unattended: locked through the frame to an immovable object, using a lock from Sundays’ approved-lock list.
“Unattended” means out of your direct line of sight or more than 5 yards away.
On a vehicle rack: locked and secured to the rack, or locked through the frame to the rack with an approved lock.
On a rack outside daylight hours: not covered at all. It has to be inside a locked vehicle, locked through the frame to a secure anchor point.
“Approved lock” means a lock on Sundays’ published list.
“Immovable object” means something permanently fixed in concrete or stone, removable only with power tools.
Velosurance
Theft is built into your coverage, and the standard is reasonable. Like Sundays, Velosurance expects the bike secured to an immovable object with an appropriate lock when it’s away from home, and it counts a properly fixed bike rack as an immovable object. What it doesn’t add is Sundays’ brand-specific approved-lock list, the 5-yard line-of-sight definition of “unattended,” or the daylight-hours restriction on bikes carried on a rack.
New Jersey E-bike Liability Compliance
New Jersey is the first state to require liability insurance for certain e-bikes. If your e-bike has a throttle or assists above 20 mph, you must carry liability coverage to ride legally, with minimum limits of $35,000 per person and $70,000 per accident for bodily injury and $25,000 for property damage.
Sundays carries no liability coverage of any kind and no way to add it. A New Jersey rider relying on Sundays for one of these e-bikes is uninsured for liability and out of compliance with the law.
Velosurance offers optional liability coverage from $25,000 to $500,000. Our $100,000 limit satisfies the New Jersey requirement, can be added to any policy, and protects you if you injure someone or damage their property.
Real-World Scenarios: Where Sundays Falls Short
The gaps are clearest when you put them against real situations. Here is how each policy responds.
1
The Underinsurance Penalty Hits a Routine Claim
ScenarioYou insured a $4,000 bike accurately when you bought it. Three years later the comparable replacement model sells for $5,200, and you file a $1,500 repair claim.
Velosurance
Pays up to your declared value with no coinsurance penalty. The repair is covered, less your deductible.
Sundays
Your $4,000 sum insured is now about 77% of the $5,200 replacement cost, under the 80% line, so the underinsurance penalty reduces the payout proportionally to roughly $1,150 before the deductible, even though you never under-insured on purpose.
2
Cyclist Injures a Pedestrian
ScenarioYou run a red light and collide with a pedestrian who breaks a hip. Their medical bills and lost wages come to $85,000, and they sue.
Velosurance
Optional liability responds. Velosurance assigns and pays a defense attorney, then pays the settlement or judgment up to your selected limit (available to $500,000). With a $100,000 limit the full $85,000 is covered by the policy, not by you, and defense costs are paid on top of the limit.
Sundays
No liability coverage, and none can be added. You defend and pay the claim entirely out of pocket.
3
Cyclist Struck by a Hit-and-Run Driver
ScenarioA car hits you and speeds off. You suffer a concussion and a fractured wrist, with $8,000 in emergency and hospital costs.
Velosurance
Two optional coverages respond. With medical payments at $10,000, the full $8,000 in bills is covered regardless of fault, and Uninsured Motorist coverage (up to $10,000) is also available for the hit-and-run, covering further injury costs such as lost wages.
Sundays
No Uninsured Motorist coverage, and a medical limit of just $1,000 (none at all in New York), so almost the entire $8,000 falls on you.
4
Lending Your Bike to a Friend
ScenarioYou lend a $5,000 bike to a training partner for the weekend. They crash, totaling the bike, and another rider is injured in the crash.
Velosurance
Permissive use extends full coverage to your friend. The bike’s physical damage is covered, and optional liability for the injured rider is covered up to your selected limit.
Sundays
Your friend isn’t named on the policy, so they aren’t insured and the damage isn’t covered. And because Sundays has no liability coverage, the injured rider’s claim isn’t covered either.
5
Theft Denied on a Technicality
ScenarioYou lock your bike to the rack outside a café and step just inside the door for a coffee. Ten minutes later, the bike has been stolen.
Velosurance
Standard theft coverage applies. Reasonable care is the standard.
Sundays
Standing at the counter puts you more than 5 yards from the bike and out of direct line of sight, so it counts as “unattended.” If the lock also isn’t on the approved list, the theft claim can be denied.
6
A Full Season Racing Abroad
ScenarioAn amateur racer spends four months in Europe chasing the spring and summer calendar.
Velosurance
The optional worldwide endorsement covers the bike for the whole trip. There is no annual day cap.
Sundays
The worldwide extension is capped at 90 days a year, so coverage runs out roughly a month before the rider comes home.
7
Older Bike, Total Loss
ScenarioA well-maintained six-year-old bike, bought new for $4,000 and insured for $4,000 with a $200 deductible, is stolen.
Velosurance
Pays to replace it with a bike of like kind and quality, with no depreciation, up to your $4,000 declared value. After the $200 deductible, you receive $3,800.
Sundays
Unless Lifetime New-for-Old was elected within 60 days of the original purchase, Sundays settles at actual cash value. Six years of 10%-a-year depreciation values the bike at about 40% of its $4,000 retail price, roughly $1,600. After the $200 deductible, you receive about $1,400.
8
New Jersey E-bike Commuter
ScenarioA New Jersey resident commutes to work every day on a Class 3 e-bike. Under the state’s new law, an e-bike like this now requires liability insurance to ride legally.
Velosurance
Optional liability up to $500,000, and the $100,000 limit on its own meets New Jersey’s requirement, keeps the commuter compliant from day one.
Sundays
No liability coverage exists, so the rider is uninsured for liability and out of compliance with New Jersey law.
9
A Theft Claim and Your Homeowners Policy
ScenarioYour $3,000 bike is stolen from your locked garage. You also carry a homeowners policy with a $1,000 deductible.
Velosurance
Velosurance is primary, so it pays your theft claim on this policy directly, subject to your bike deductible. A homeowners claim is never a prerequisite, so you don’t have to involve your homeowners insurer or put a claim on your home record.
Sundays
Because Sundays is an excess policy, it pays only after your homeowners insurance. So you would file the homeowners claim first and pay its $1,000 deductible. Sundays would then cover only what your homeowners policy did not, and you would be left with a claim on your home record that can raise your rates.
Frequently Asked Questions
QIf I injure someone or damage their property, am I covered?
With Sundays, 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 included, so the policy can defend you and pay a covered claim up to your limit.
QIf I lend my bike to a friend and they crash, is it covered?
Under Sundays, no. Coverage is limited to the people named on your declarations, so a friend who borrows your bike isn’t insured. Velosurance covers anyone riding your bike with your permission, so your friend rides with the same protection you have, including optional liability and Uninsured Motorist coverage where you’ve elected them.
QIf my bike is stolen or totaled, how much will I get?
Sundays settles at actual cash value once a bike is more than two years old, cutting the payout by about 10% a year, unless you elected Lifetime New-for-Old within 60 days of buying the bike new. It can also reduce any settlement under its 80% underinsurance rule if your sum insured falls below 80% of the bike’s replacement cost. Velosurance pays to replace your bike with one of like kind and quality, with no depreciation applied to the bike, up to your declared value and less your deductible.
QWhat do I have to do for a theft claim to be paid?
Sundays adds a detailed checklist: the lock must be on its approved-lock list, the bike must be locked through the frame, and it only counts as “attended” if it’s within 5 yards and in your direct line of sight, a bar most riders cross just by stepping into a café. Miss any condition and the claim can be denied. Velosurance simply asks that you lock your bike to an immovable object with an appropriate lock and take reasonable care.
QWhat if I’m hit by an uninsured or hit-and-run driver?
Sundays has no Uninsured Motorist coverage, and its medical benefit is capped at $1,000 (and removed entirely in New York), so most of 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 to a hit-and-run.
QIf my bike is stolen or I cause an injury, will I be forced to claim on my homeowners insurance first?
With Sundays, you may be. Sundays is an excess policy, so when another policy you hold (such as homeowners or renters) also covers the loss, Sundays pays only after that other insurance. That can push you to file a homeowners claim first, with its larger deductible and a claim on your home record that can raise your rates for years. Velosurance is primary across its coverages, so it pays first and a homeowners claim is never a prerequisite.
This comparison is based on policy specimens reviewed as of June 2026. Coverage details, limits, exclusions, and availability vary by state and by the optional coverages you choose. Pricing examples are illustrative and actual premiums will vary. This document is for informational purposes only and does not constitute legal or insurance advice. Please read each policy in full before buying coverage.
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