Oh yes, ask an insurance agent, just not your own, or even one with the same company. Even inquiring about rates and coverage can be a black mark on your record. Homeowners and renters Ins. can cover the bike, damage, and loss. If the bike costs less than your deductable forget it. Simple medical coverage for yourself you should have anyway. I have seen one company offer bike specific theft insurance. They went out of business real fast. Get a good lock and be fanatic about using it. And take the LAB effective cyclist course.