ptigerstudio

Does anyone know if Velosurance is:
Trustworthy? And Reliable? Are there any tricks (are they con artists?) to them?
I'm considering insuring my new bike (a schwinn meridian 24" adult trike) with them. I don't find any other company. Is the only vehicle that I own. I rent, don't own.

Brooke1687

Do you have rental insurance that would cover theft? That's the first thing to check. My home owners insuance covers theft but the deductible is too high to do any good.

I was considering Velosurance for extra medical coverage until I can build up a decent health savings account. I had a wreck a few months ago and the medical bills are pushing about 2K already. The medical coverage was only $1000 but it would keep me from completely emptying my savings. The theft insurance also wouldn't be a bad perk. As it stands I never made any decisions and haven't purchased yet, but I'm still considering it when my insurance deductible starts over next year. I was able to find a little bit more info about it on ****** and it seems legit enough.

mofo84

I got renters insurance by liberty mutual through geico for my electric bike after 3 agents told me my bike is covered. But then when I read the 43 pages of the policy it had a part about motorized land conveyances not being covered.
So I called back and asked to speak with someone who understood the policy better. After about 30 minutes of being on hold they told me my bike was not covered.

I ended going with velosurance.

Iride01 

I'd not own a bike that I couldn't self-insure and replace myself. Or are you talking about liability insurance just in case you run someone over?