Electric bikes (or e-bikes) are expensive and potential risks on the road. They generally are not fully covered by homeowners, renter or auto insurance policies. We offer policies designed specifically for e-bikes to provide liability and protection for your e-bike.
E-bikes are expensive.
If you own or are looking to buy an e-bike, then you know they can be expensive. With such a big investment, you want to make sure you have adequate coverage for theft or damage. E-bikes are complex mechanically and tend to travel fast, for great distances at a time, making them more susceptible to damage or loss.
E-bikes are high liability risks.
E-bikes have a greater need for liability coverage. They are faster and heavier than bicycles, which increases the risk of injury and damage if an accident occurs. An e-bike insurance policy helps cover these exposures for the policyholder.
Do I already have e-bike coverage?
Homeowners and renter insurance policies generally offer limited coverage (if any) for theft, damage, or liability related to e-bikes because an electric bike is considered a motorized vehicle. Auto insurance policies may not offer e-bike insurance because e-bikes do not need to be registered and e-bike riders are not required to have a valid driver’s license.
Otium Agency understands the e-bike insurance needs of our customers and understands that each situation is unique. Contact us today for help selecting the right e-bike insurance policy.