General Cycling Discussion - Bicycle Insurance

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pletcgm
05-22-03, 12:51 PM
Does anyone carry insurance on their bicycle here in the US?

I know the UK insures bicycles, but I have never been able to find any here in the states.

gonesh9
05-22-03, 12:59 PM
Homeowner's or renter's insurance can cover your bike. My friend just had his Trek STP stolen, and his renter's insurance cut him a $5000 check with minimal questions asked.
khuon
05-22-03, 01:06 PM
Originally posted by gonesh9
Homeowner's or renter's insurance can cover your bike.

Yes, homeowner's insurance can cover it but you may need to get a rider for your bikes (no pun intended) if they're worth a lot.

pletcgm
05-22-03, 01:27 PM
Thanks for the info. My insurance agent told me that my homeowners would cover it, but I was kind of skeptical on whether they would pay.

Thanks for the info
Raiyn
05-22-03, 03:48 PM
Be sure that your policy will cover the replacement value of the bike. (ie: the cost to go to a bike shop and buy a similar bike) rather than the market value of your bike. (Which falls rapidly as soon as the 30 day return policy expires.)