Join Date: Jan 2006
Location: Santa Clarita, CA
Bikes: Kestrel Talon
Bicycles are covered under personal property coverage on your renters or homeowners insurance. As Caligurl stated, they are covered for the same risks as all your other personal property. Your policy should state what losses are covered and which are excluded. The loss is subject to your deductible. They are not covered for wear & tear or breakage, crashing etc.
Read the fine print, some policies may exclude certain categories of sports equipment.