Specialized bicycle insurance

Get the protection and peace of mind you deserve.
Chances are you know everything there is to know about cycling. From high-performance bikes to the bicycling community, you live and breathe it all. But what about protecting yourself and your bike from the unpredictable. Would you know how to get back on the road quickly if your bike was damaged or stolen? Would you know where to begin?

The good news is Spoke Bicycle Insurance—powered by Marsh & McLennan Agency can help. We know that many riders don't think about bicycle insurance. Spoke offers bicycle insurance that provides greatly enhanced protection for cyclists over what’s typically available through their home owners or renters policies. We're here to help protect your investment with specialized insurance policies customized to fit you and your riding style.

Marsh & McLennan Agency is a national insurance broker focused on the specialized insurance needs of bicycle riders. We partnered with Markel Specialty, to provide a specialized bicycle insurance policy offering protection for all types of cyclists.

Bicycle physical damage insurance protection
Covers repairs or replacement of your bike if it is damaged or goes missing. You pick the value limit of your bike, and we can cover things like vandalism, crash damage, or a collision with another rider. We can even offer insurance protection to you while racing. Deductibles range from $200 to $500.

At no additional cost, bicycle physical damage insurance protection can also include:

  • Protection for spare parts and accessories - Up to $500 in coverage for spare parts and $500 for riding apparel per claim ($1,000 total per policy term).
  • Replacement cost coverage - Your bike is insured at full value.
  • Theft protection - At or away from home.
  • Transit protection - Protects your bike while it's in transit (by land/air) to and from a location within the United States and Canada.

Worldwide physical damage protection
Optional worldwide physical damage insurance protection is available for when you travel outside of the US/Canada with your bicycle.

Spoke Bicycle Insurance offers coverage for three classes of electric 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.

Bicycle liability protection
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 insurance 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
Cover your medical costs if you are injured while riding–up to your policy limit. Limits range 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.

At no extra cost!

Rental reimbursement
If you are competing in an organized ride more than 50 miles from home, Markel offers coverage for renting a substitute bicycle if your bike was damaged or stolen (up to $250 per occurrence) while at the event.

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.

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 855-422-5945 to speak with a bicycle insurance specialist.

Insurance policies are sold through Marsh & McLennan Insurance Agency LLC (Producer License Number CA #0H18131) and Marsh & McLennan Agency LLC (NPN#12773845 and Producer License Number NY #PC-1111237) 7225 Northland Drive N, Ste. 300, Minneapolis, MN 55428. Coverage is provided by Markel American Insurance Company, Glen Allen, VA and underwritten by Markel Service, Inc.

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