Insurance for You
If you have medical insurance, that will generally pay for any injuries you suffer while cycling within the coverage territory of your policy. The company may then subrogate, or pursue claims against, others who were at fault in the incident.
If you are a motorist as well as a bicyclist, you may be surprised to find that the Medical Payments or Personal Injury Protection coverage of your auto insurance may provide coverage to you if you are struck by a car while bicycling or walking. This coverage varies greatly around the country, so check with your insurance agent to see what coverage, if any, you have while bicycling. In some states, you may even be covered for lost wages while recovering from a covered accident, if you chose that coverage when you bought your auto insurance.
Insurance for Your Bike
- Homeowners
- Renters
Personal property at a secondary residence such as a vacation home has a fairly small amount of coverage — if you want property at that location to be fully insured, you need to get insurance on that location.
Document the money you’ve spent on your bike.
If your bicycle is damaged by another person, that person’s liability insurance (e.g. auto insurance if they hit you with their car, or Personal Liability coverage if they are on foot or bicycling) may cover what they owe your for the loss.
Insurance for Other People or Property
The Personal Liability coverage of your renter’s or homeowner’s insurance usually provides you with liability protection against claims caused by almost any unintentional act, including unintentional acts committed by you or your qualified family members, either on or off your premises. This Personal Liability coverage can protect you from claims for injuries or damage you cause in a bicycle accident, assuming of course that the incident was unintentional.
Insurance for BMX Events
