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Electric bike insurance

E-bike insurance policies as low as $100 per year.*

Get a fast, free online quote today.

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Or call +1.800.236.2453 to speak with a bicycle insurance specialist.

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Your e-bike has unique advantages. Your electric bike insurance policy should too.

Riding an electric bike is like riding a bicycle, but with the added boost of a motor. While few insurance carriers understand this, we’ve offered a standalone electric bike insurance policy for ten years that insures e-bikes with power assist up to 750 watts—as well as covering theft, damage and more.

Why do you need electric bike insurance?

Your electric bike is an investment, and you want to have adequate coverage for theft or damage. While it may be true that some homeowners or auto policies provide support for bicycle theft, they typically include fine print exclusions or offer low coverage limits for things like e-bikes.

Still not sure?

See how an average homeowners insurance policy stacks up against our electric bike insurance:**

Policy coverage Average homeowners policy Markel bicycle policy
Insured at full value† Not likely Yes
Crash damage No Yes
Theft coverage Limited Yes
Theft away from home Limited Yes
Vehicle contact protection No Yes
Personal liability Yes Yes
Replacement bike rental No Yes
Cycling apparel Not likely Yes
Medical payments Not likely Yes
Spare parts insured Not likely Yes
Covered in transit Not likely Yes
Worldwide physical damage Not likely Yes
Roadside assistance Not likely Yes
Coverage for electric bikes Limited Yes

Provided for illustrative purposes only. **Terms and conditions may vary. †Your homeowners coverage may not be designed to cover your bike at full replacement cost, typically actual cash value (ACV) is offered.

What we offer

Our coverages can include:

We offer coverage on three classes of electric bikes:

  • Pedal assist e-bike with top assisted speed of 20 m.p.h.
  • Throttle assist e-bike with top assisted speed of 20 m.p.h.
  • Pedal assist e-bike with top assisted speed of 28 m.p.h.

Electric bike motors must be 750 watts or under.

Electric bike physical damage insurance protection
Covers repairs or replacement for your electric 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. Deductibles range from $200 to $500.

At no additional cost, electric bike 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—protect your bike while it's in transit (by land/air) to and from a location within the United States and Canada.

Bicycle liability protection
Bicycle liability can provide coverage for injuries or property damage to another person or their belongings while using your bicycle. Limits range from $25,000 to $300,000

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. Limits range from $10,000 to $25,000.

Medical payments
Can 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 (up to 5 tows per year)—all for only $12 a year per bicycle.

  • Frequently asked questions about e-bike insurance

    • General questions

      What happens when I buy a new bike?
      Whether you're replacing your current bicycle or adding to your collection, we can automatically extend your current coverage to the new bike for up to 30 days from the time of purchase. Just let us know before the 30 days are up for coverage to extend beyond that time period.

      What about my apparel? Spare parts? Do you cover these too?
      If you purchase bicycle physical damage coverage and your bicycle is involved in a covered loss, your apparel or spare parts may be covered. We can automatically include coverage for spare parts (replacements for items that are normally part of the insured bike but were not on the bicycle when the loss occurred) and apparel (clothing or gear worn exclusively when riding the insured bicycle). Both coverages have a separate limit of $500 per loss and a $1,000 limit for the policy period.

      Can I pay online?
      Absolutely! Visit our Pay My Bill page, where you can make a payment with a credit card, debit card or through your checking account. You can make a one-time payment, or set up automatic recurring payments so you never miss a payment.

    • Claims questions

      How do I file a claim?
      We make filing a claim as easy and quick as possible. If you do have an accident, you can submit your claim online or call us at +1.800.236.2453.

      How do you determine the value of my bike?
      Each individual claim is different and evaluated as such. The coverage purchased depends on the value of the bike, age of bicycle, accessories or add-on's to your bike, and the damages sustained.

      How long will it take for my claim to be processed?
      Each claim is different, so there is not a concrete answer. But if we receive all of the necessary documentation (i.e., estimate of damage, photos, receipts, etc.) and have completed our investigation, the claim is paid timely (usually within 7-10 business days).

      Is there anything I can do to help speed up the claim process?
      Yes, you can help streamline the claims and settlement process and avoid delays by providing the following information when you file your claim:

      • Policy number
      • Date, time and location of loss or damage
      • Description of loss or damage
      • Photos of the damage or where the bicycle was stolen
      • Police report
      • Receipts for your bicycle, accessories, spare parts, or apparel
      • Itemized medical bills

E-bike insurance policies as low as $100 per year.*

Get a fast, free online quote today.

Zip code is required

Or call +1.800.236.2453 to speak with a bicycle insurance specialist.

Retrieve a saved quote

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*As of December 2023, the minimum annual premium is $100 and rates could exceed $100 depending on the coverage options selected and value of the bicycle to be insured.