Learn how cycle insurance and registration can protect you against the unexpected!
with Summer weather
Over here, many people are taking the time to dust off their old bicycles or buy new bikes to enjoy the outdoors. Although it is not a legal requirement, both your bicycle registration and insurance can be extremely useful if your bike stealing or damage. Keep reading to learn more about how taking these two steps can better protect you and your bicycle!
Why should I register my bicycle?
According to a study conducted by the Popular Bike Registry and Information Center, 529 garage"In the last 20 years Bike theft
The epidemic has increased in North America—affecting nearly 2 million riders each year.” If your bike is lost or stolen, call your local police
A station may not result in many leads on its own. Without any identifying features or serial numbers, the police have no way of identifying the bike, let alone proving it’s yours. This is where getting your bike registered comes in handy. By registering your bicycle, you can provide a sure way to identify your bike if it goes missing. Contact your local police department for information on how to register your bike in your area.
Why should I take cycle insurance?
529 garage states that “In addition to the half-billion dollar cycling black market, many stolen bikes are secondary. crimes, often serving as a gateway vehicle." In such an event, you may never get back the exact bike you lost. However, with bicycle insurance, you can recover the full or partial cost of the bike depending on the coverage limit you choose. It is important to know that bike insurance covers more than just theft. Say you’re riding along, and something causes you to veer off the path and into a tree. Some bicycle insurance policies can help you cover the cost of your medical bills and the cost of repairing or replacing your damaged bicycle. You may be thinking that these incidents would be covered under your regular home or renter’s insurance, and it’s true that some of them may be. However, it is not normal a house
Or the renter’s insurance company will offer comprehensive bicycle coverage.
What does cycle insurance cover that home insurance doesn’t?
Bicycle insurance is an easy way to ensure that you have comprehensive coverage while riding. Unless you have a special one
support Special coverage on your home or renter’s policy for your bike, there’s a good chance it’s not worth the cost. This is especially true if you have a professional quality bike. It is important to know that bicycle insurance has many benefits that go beyond loss or damage coverage. Bicycle insurance can not only ensure replacement costs in the event of loss or damage, but it can also provide vehicle contact protection, personal liability, replacement bike rental coverage, cycling apparel coverage, medical payment coverage, worldwide physical damage, roadside assistance, and more. is Event Fees and Racing Coverage!
If you are someone who loves cycling, owns a professional quality bike, or believes that cycling is a lifestyle, bike insurance is not something you can go without. For more information about cycle insurance policies with our trusted partner MarkleCheck out the link below to chat with one agents!
