E Bike Rental Insurance

A simple bodily injury claim from a customer riding your bike can derail your business.

E bike rental insurance.

Custom build your own protection with a package that includes general liability commercial property workers comp employee health benefits commercial auto cyber liability and more. We spent years negotiating nationwide bicycle shop liability insurance programs to find a generous combination of coverage and low rates even if you ve had previous claims. E bike insurance is readily available and affordable. The underinsured and underinsured coverage we discussed earlier and will even write.

It shall not discourage you from owning an electric bike as we have good news there are special insurance for electric bikes. It s risky for your e bike to be uninsured. Electric bike insurance does exist and it provides coverage between auto home and renters insurances where there are gaps and fine print exclusions. Call us for e bike insurance and all your bike rental and tour insurance needs.

Coverage that protects you if you hurt someone else with your e bike 500 000 in um uim coverage i e. While this is true for human powered bicycles the addition of a motor to a bike makes it a motorized vehicle which excludes it from coverage on standard homeowners renters or umbrella insurance policy. Markel offers a stand alone e bike insurance policy that insures e bikes with power assist up to 750 watts with speeds up to 28mph. Renters insurance policies include a total amount of coverage e g 25 000 but that coverage includes category limits which are max amounts your insurance will pay out for certain categories like jewelry art and bikes.

Safeco one of the insurers that my company works with does have an insurance product for e bikes that provides up to 500 000 in liability coverage i e. A driver crashes into your bike. If you re riding your bike and involved in an accident where the other party is at fault e g they crash into you their auto insurance policy covers the damage. With our bike rental shop insurance you can safeguard your business assets with the right amount of coverage for your individual shop.

If the at fault driver is uninsured then you ll want to file a claim on your homeowners renters or condo policy. Businesses that rent bikes or operate bike tours have unique exposures. Category limits vary by policy but are generally between 1 000 to 2 000 per category. Your auto insurance or homeowner insurance may or may not cover your e bike and even it covers don t expect full coverage.

This is why you need e bike insurance. Having bicycle tour and rental insurance provides the financial protection companies need to keep the business on the right track.