Bicycle Insurance - Specialist Bicycle Insurance

to meet all your needs

The Bicycle Insurance specialist for the everyday cyclist

Bicycle Insurance Cover

Bicy Insurance is designed especially for the modern Cyclist, looking after the rider as well as the bike they ride. 

So whether you use your bike to commute to work, or purely for leisure; our policies are designed to meet your needs and more.

What’s more, not only do we cover your bicycle in the event of an accident; we’ve got you covered too with our fully comprehensive personal accident and legal expenses covers. We even throw in ID theft cover as standard. Now that’s a lot of coverage for your money!

What specialist bike insurance should a cyclist have?

Cycling is hugely popular throughout the UK, but despite its many benefits to our health, our bank balance and the environment, it isn’t without risks. Indeed, the statistics make worrying reading.

Road death and injury statistics

In 2020, according to the Royal Society for the Prevention of Accidents, 16,294 cyclists were injured in reported road accidents, including 4,456 who were killed or seriously injured.

And that’s only from road accidents that were reported to the police, how many injuries go unreported or happen away from the roads?

Crime statistics

According to household crime surveys, in 2020 there were more than 271,000 bikes stolen in England & Wales and over 19,000 bicycle thefts in Scotland. While in Northern Ireland an estimated 1.6% of adult bike owners were victims of bicycle theft.
Having bicycle insurance is a great idea if you want to protect yourself from the financial fallout of some of these risks.

After all, you never know when you might be one of those unlucky enough to find your bike or bicycle accessories damaged, lost or stolen.

Bicycle insurance cover could help with the cost of repairs to your bike or a replacement. It may also compensate you for any injury you suffer.

Do I need bike insurance when cycling?

Take a look at any cycling magazine or website and you’ll soon realise that a bike can be an expensive piece of kit. And when you’ve invested so much money in such a machine, paying out a little more for bike cover is a wise idea to keep your expensive bike safe.

For example, a custom road racing bike like the Canyon Ultimate CF SLX will set you back over £6,000 to replace, while even a casual cyclist or commuter looking for a dependable two-wheeler will be looking around the £500 mark. Can you really afford to take the risk?

And that’s even before considering potential injuries to you or other third parties whilst cycling. Personal accidents and public liability cover is an important part of specialist cycle insurance.

You may be wondering, is bicycle insurance mandatory? Well, no. It’s not a legal requirement to be insured in the UK while on a bike.

However, whatever type of cycling you take part in, cycle insurance can be tailor-made to meet your needs and is well worth considering. For instance, what happens if you're left with a permanent disability following an accident?

What does bicycle insurance cover?

Specialist insurance can offer a whole range of different cover levels for things like accidental damage, mechanical breakdown, and theft. There’s also plenty of scope for additional cover for those keen cyclists with expensive bikes or those taking part in races or competitions.

Regular bike insurance can be purchased from a variety of sources, including insurance companies, bike shops, and online marketplaces. But if you want great value, comprehensive cover then you’ll want to come straight to the specialists at Bicy

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What’s covered in your Bicy policy?

For Your Bicycle

Accidental Damage
Theft Cover
Mechanical Breakdown
Worldwide Cover
New for Old Replacement

For You

Personal Accident Cover up to £10,000
Personal Liability Cover
Legal Expenses up to £100,000
ID Theft Cover up to £25,000
  • Personal Accident

  • We will pay the amount shown below if, at any time whilst you are using the bicycle, you are involved in an accident which solely and independently of any other cause, leads to bodily injury which results in your death, loss of limb, loss of sight or permanent disablement.  Cover is up to £10,000.

  • Public Liability

  • We’ll pay up to £1 million against any third party claims made against you if you injure someone or damage their property whilst cycling.

  • Worldwide Cover

  • Whether you’re planning an adventure along the Coast of Southern Europe or a trip through the mountains and villages of South America, you’ll be in good hands with us. You’ll be covered for up to 60 days per year anywhere in the world. During that time abroad your cover will be as usual.

  • Theft Cover

  • If your bike is stolen, we will offer you a replacement bicycle as new.  If the bicycle cannot be replaced with a new and identical bicycle to the one that was insured, we will replace it with one of comparable specifications or the equivalent value of the original bicycle (minus depreciation if applicable).

  • Accidental Damage

  • If your bike or any of its insured parts and accessories is damaged, we’ll pay the costs.

  • Mechanical Breakdown

  • If you find your bike has a defect in the parts or workmanship from the manufacturer and is out of warranty, we’ll get it sorted.

Additional Benefits

  • New for Old Replacement

  • Provided your bike is under two years old from the time of manufacture, we’ll replace it with a brand new bicycle if it gets stolen or damaged beyond repair.

  • Legal Expenses Cover

  • If you have a cycling accident giving rise to a claim, our legal team is on hand 24 hours a day, 365 days a year to offer specialist advice and, where appropriate, take over the claim on your behalf. Cover is up to £100,000.

  • ID Theft Cover

  • If you’ve been the victim of Identity Theft, we’ve got specialists on hand to help you through the legal proceedings associated with getting yourself back. Cover is up to £25,000.

Additional Benefits

Services we provide

Flexible Payment Dates

Our Interest free payment plan allow for you to pick your preferred payment date allowing you to safely manage your payments

UK Based Customer Support1

Our Portsmouth based contact centre are happy to answer your questions by either Phone, Email or of via our Webchat service. We also have a 24/7 Claims Notification Portal

What to Look Out For Insuring a Bicycle

Just as with any insurance policy, your actual bicycle insurance quote will reflect a range of different factors. It will be calculated based on your individual circumstances, like where you live and how many bikes you want to cover under the policy.

A big consideration will be what kind of bike you ride and its value. From basic mountain bikes and road bikes to top of the range folding bikes and electric bikes, you’ll want a policy that reflects the true value of your wheels.

There’s a bewildering array of bikes on the market and most insurers have specialist insurance policies to cover them. Some of the most commonly covered bikes include:

  • Road bikes
  • Race bikes
  • Mountain bikes
  • Gravel bikes
  • Electric bikes
  • Folding bikes
  • Touring bikes
  • BMX bikes
  • Hybrid bikes
  • Commuter bikes

Unfortunately, not even a specialist bicycle insurance policy can cover for every eventuality. So, the best thing you can do is to read up on your policy and make sure you’re comfortable with what’s covered and what’s not.

Common exclusions on our bike policies include:

  • General wear and tear
  • Theft where the bike has been left unattended and unsecured
  • When your bike has been left somewhere (other than your insured location) for more than 24 hours
  • When you can’t provide evidence of ownership
  • Using the insured bicycle for business reasons (apart from commuting)
  • Using the insured bicycle in competitions (unless you've paid for an optional add-on)
  • Damage caused by an unsecured bicycle or roof rack
  • Accidents while under the influence of drugs or alcohol
  • Use outside the UK (unless you've chosen an optional Worldwide travel add-on)

  1. Invest in a heavy-duty bike lock (such as a D-lock or chain lock) to secure your bike to an immovable object.
  2. Lock your bike's frame, not just the wheels.
  3. Use multiple locks to secure different parts of your bike.
  4. Always lock your bike in a well-lit, high-traffic area.
  5. Remove any detachable accessories such as lights or bags and take them with you when you're not using your bike.
  6. Register and insure your bike to boost your chances of it being recovered after a theft.
  7. Consider attaching a small GPS tracker to your bike.

Whether you've got a mountain bike, road bike, race bike or any other sort of cycle, we can cover bikes instantly. Give us a call today to find out what our bicycle insurance covers.

As we mentioned above, it’s possible you already have bike cover with your existing home insurance policy. While you won’t want to be paying twice for insurance, check the terms of your policy to see what it actually covers you for – it might not be as much as you think.

If your bike will only be insured when it’s stored at home then it might be time for an upgrade. You might also want to check if you can leave it somewhere else overnight.

Theft, vandalism and accidental damage are all common hazards encountered by cyclists on UK streets and all can be covered by bicycle insurance.

Owners of expensive cycles or bikes with lots of modifications and accessories will probably need to arrange specialist bike insurance. There may also be rules around what age the bike will need to be, with some insurance providers paying out less for older bikes.

Many policies won’t pay out if you haven’t done enough to secure your bike. Using a robust, approved lock that you use to secure the bike to an immovable object is a minimum.

It’s important you know whether you’ve got new for old cover. After all, if your bike is stolen or damaged beyond repair then you’ll probably want a brand-new bike in return. But some insurers will give you money to choose a new set of wheels.

Bicycle insurance from specialists like Bicy can cover you and your bike abroad, so you'll be protected from bicycle theft, damage and more when you're on a cycling holiday.

You may need extra cover is you're a competitive cyclist or use your bike for business. Ask the Bicy team for more details when you get a quote.

Most insurance policies will require you to pay an excess, an amount of money you pay towards the cost of your claim. You’ll want to check the level of excess. If it’s set too high, will you be able to afford to claim?