Is my bicycle covered as part of my contents insurance?

Most people are unsure if their bicycle is currently covered under another insurance policy they may have. To find out if your bike is covered under your contents insurance, we’ve put together some questions to ask your current or potential contents insurer:

  • Is my bike covered if it is stolen from the coffee shop after my ride?
    With a Bike Insure policy it is – bicycle must be in your direct line of sight and less than 5 metres away.

 

  • Is my bicycle covered if I drive into a parking lot forgetting it is on my car’s roof?
    With a Bike Insure policy it is, subject to general terms, conditions and exclusions.

 

  • Is my bicycle covered if I have a bad crash with my bicycle whilst competing in a race?
    With a Bike Insure policy it is, provided you have taken out the optional cover for racing. Subject to general terms, conditions and exclusions.

 

  • Is my bicycle covered if it is worth more than $1,000 and stolen from my home?
    Bike Insure can help cover you for bicycles up to the value of $20,000 per bicycle, regardless if the bicycle was inside or outside of your home, subject to policy terms, conditions and exclusions.