Bicycle insurance coverages

Coverage for your bike

Bicycle physical damage protection
Helps pay for repairs or replacement of your bike if it is damaged or goes missing. You pick the value limit of your bike, and we’ll help cover things like vandalism, crash damage, or a collision with another rider. We’ll even protect you while racing. You also have coverage for your bicycle while it's in transit (by land/air) to and from a location within the United States and Canada. Deductibles range from $200 to $500–well less than the typical deductible under a homeowner’s policy! And flexible deductibles help you control your bike insurance cost.

Worldwide physical damage protection
Headed to Europe with your bike? Not to worry, Markel Specialty also offers worldwide physical damage protection for when you travel outside of the US/Canada.

Spare parts and accessories
At no added cost, your Markel Specialty policy will provide up to $500 for spare parts and $500 for riding apparel per claim ($1,000 total per policy term) when you purchase bicycle physical damage protection.

Replacement cost coverage
Your bike is insured at full value to get you back on the road faster.

Theft protection
At or away from home!

Transit protection
Protects your bike when shipping it to your next race or bicycle adventure.

Coverage for you

Bicycle liability protection
All it takes is a wet patch of pavement or a wayward stone in the road for you to lose control of your bike. Bicycle liability coverage helps protect you if you are responsible for injuries or property damage to another person or their belongings while using your bicycle. Limits range from $25,000 to $100,000.

Vehicle contact protection
This added coverage gives you the protection you need in case you are hit by a vehicle that doesn’t carry the proper insurance protection to cover your losses.

Medical payments
We'll help cover your medical costs if you are injured while riding–up to your policy limit. You can choose limits that meet your personal needs, ranging from $1,000 to $10,000.

Roadside assistance
With this coverage, you can get nationwide 24-hour emergency service with up to 35 miles of transportation per breakdown–all for only $12 a year per bicycle.

Special protection for competitive cyclists—at no extra cost!

Rental reimbursement
We offer coverage for renting a substitute bicycle if your bike is damaged or stolen while you are away from home and participating in an organized ride—up to $250 per occurrence.

Competitive event fee reimbursement
Helps cover nonrefundable prepaid entry fees up to $500 ($1,000 total per policy term) if your bike is involved in a covered accident, and you are unable to compete or participate.

NEW! We’ve expanded our electric bike insurance program.

Markel now offers coverage for three classes of e-bikes:

  • Pedal assist e-bike with top assisted speed of 20 mph
  • Throttle assist e-bike with top assisted speed of 20 mph
  • Pedal assist e-bike with top assisted speed of 28 mph

*Electric bike motors must be 750 watts or under.

*Insurance, coverage, and discounts are subject to availability and qualifications and may not be available in all states. Coverage descriptions listed are intended to be brief and do not replace actual policy language. For questions or a complete definition of coverages and discounts available to you, please call 800-236-2453 to speak with a bicycle insurance specialist.

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