E-Bike Insurance 101

It’s not that complicated, we promise

Welcome to E-Bike Insurance 101! Let’s get down to business and go over everything you need to know about purchasing e-bike insurance. We’ll break it down step by step and we’re here to answer any and all questions you have.

SPOILER ALERT: There will be a quiz!

Lesson 1: Bikes Vs. E-Bikes

Don’t confuse bicycles and e-bikes despite their obvious similarities. Both can be used for transportation, exercise, and casual fun. However, e-bikes have power assist motors. This fact alone may disqualify your e-bike from traditional renters or homeowners insurance policies (which typically only provide partial or limited coverage anyway).

As long as your electric bike’s motor doesn’t exceed 750 watts or 28 mph pedal assist (or 20 mph throttle assist), and doesn’t use an auxiliary power source, you can get an instant quote to insure it online in minutes.

Lesson 2: Your Renters And Homeowners Insurance Policies Aren’t Enough

It’s true that if you have renters or homeowners insurance, your e-bike may qualify for partial coverage. If your e-bike is stolen from your home, condo, or apartment, you may receive some benefits. However, it’s likely your e-bike’s full-value isn’t insured because renters and homeowners insurance policies typically offer very limited coverage.

In the event of vehicle contact, travel or transit damage, or collision, your existing home or renters insurance policies simply aren’t going to cut it. To fully protect yourself and your e-bike against loss, damage, and theft, you’ll need some high-quality bicycle insurance from a reputable broker (psst … like Simple Bike Insurance, that’s us!).

Lesson 3: What E-Bike Insurance Covers

Simple Bike Insurance offers comprehensive e-bike insurance policies customizable to your needs and budget. We can cover things like:

  • Full-value coverage
  • Crash or collision damage
  • Cycling accessories, locks, and other gear
  • Replacement bicycle rentals
  • Roadside assistance
  • Theft from or away from your home, condo, or apartment
  • Vehicle contact or collision damage

That’s right! We cover what your renters and homeowners policies won’t. It’s affordable, it’s easy, and a quote takes just a few minutes.

Lesson 4: Purchasing An E-Bike Insurance Policy

This lesson is quick and simple, just like purchasing e-bike insurance should be. You’re just a couple steps away from being an e-bike insurance expert.

Step 1: Use Simple Bike Insurance’s instant quote feature online. Enter a few details about yourself and your e-bike to see your premium

Step 2: Choose to pay each month, or elect to pay for the entire year upfront for additional savings. Add an additional policy for even more discounts

Step 3: Receive your certificate of insurance and clip in for another ride

Congratulations! You now know how to purchase a comprehensive, custom e-bike insurance policy and you’re almost an E-Bike Insurance 101 graduate.

Lesson 5: How To File An E-Bike Insurance Claim

If you’ve been in an accident, your e-bike has been stolen, or you qualify for any type of insurance claim, you’re just a few steps away from receiving benefits.

Simple Bike Insurance believes in no-nonsense claims that should be easy to understand and file. In fact, we’ve put together a detailed checklist of everything you’ll need to have and do to complete the claims process.

The short version is you’ll need some documentation like photos of the incident, a police report, and/or a damage assessment from your local e-bike shop. Then you’ll email your documents along with a statement over to our underwriters, Markel Insurance, and CC: us on the email.

Make sure to follow our detailed claims guide to help expedite your benefits. If you have questions, simply reach out to us online or give us a call. And if you need immediate, urgent assistance, just call Markel.

The E-Bike Insurance Pop Quiz!

Ladies and gents, put on your thinking caps. It’s time for Simple Bike Insurance’s e-bike pop quiz. After you answer these questions, you’ll be ready to get your e-bike, and yourself, covered.

Question 1

Did you know Simple Bike Insurance offers discounts for multiple policies and paying your annual premium up front in full?

You sure did! We covered this in Lesson 4: Purchasing An E-Bike Policy. Simple Bike Insurance believes in accessible, affordable insurance for all riders.

We encourage multiple policies and paying annual premiums in full to save even more money on top of an already affordable plan.

Question 2

True or false: Simple Bike Insurance offers free, instant quotes for e-bike insurance policies.

You know this one, it’s true! Simple Bike Insurance knows you have a lot to do and tons of places to be. Get a quote instantly and purchase a custom e-bike insurance policy within minutes.

Question 3

How easy is it to submit an e-bike insurance claim with Simple Bike Insurance?

This one is a little difficult because it requires critical thinking, and the answer is “oh-so easy.” Simple Bike Insurance has put together a detailed claims cheat-sheet for you to make filing claims simple and fast.

You’ve read each lesson, you’ve earned extra credit, and you’ve passed our pop quiz. It’s time to celebrate with affordable e-bike insurance that’s just a few clicks away.

If you still have questions about e-bikes and Simple Bike Insurance policies, give us a call during our office hours or contact us online. Our customer support team is always ready to help.

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