E-Bike Insurance Adoption Is On The Rise – Do You Need It?

We’ve seen an increase in the number of premium and luxury items that people have begun to insure. While a good homeowner’s policy should cover an e-bike, some owners want coverage for their e-bike that extends beyond when it’s home. A separate insurance policy can offer coverage that might not be available with a homeowner’s policy.

Some policies will cover an e-bike while it is locked up at work or a store, as well as locked within your vehicle or locked to a rack which is locked to your vehicle. Other coverage includes repairs in the event of an accident. Another important detail is whether the coverage includes replacement cost or only allows for what a cheap big box store bike runs. The difference between the two can be enormous.

Check with your insurance agent to find out how well-covered your e-bike is through your homeowner’s or renter’s insurance.