Should I Take Out Dedicated Cycling Insurance?

With increasing numbers of people cycling for fitness, recreation and commuting, the benefits of cycling insurance have become more apparent. While cycling insurance is not yet mandatory in the UK, many riders wonder if taking out a dedicated policy is worth the investment.

Why would I consider cycling insurance?

Dedicated cycling insurance offers specific cover not always available through general insurance policies, and it can cover injuries, damages, and liabilities that could otherwise be financially devastating.

Personal injury and damage to your bike

Accidents can happen, even if you’re the most careful of cyclists. While road accidents involving other vehicles are usually covered by the driver's third party insurance if they’re at fault, not all accidents fall into this category.

If you’re injured in a solo accident, such as skidding on a wet road or hitting a pothole, you may face medical bills, bike repair costs, and potentially lost income.

Dedicated cycling insurance should cover personal injury and bicycle damage, allowing you to claim for medical expenses, rehabilitation, and replacement of a damaged bike. In scenarios where no other party is liable, this an insurance policy offers invaluable financial protection.

Public liability cover

One of the most compelling arguments for cycling insurance is public liability. Public liability insurance covers you if you cause an accident involving another person or their property.

For example, if you accidentally collide with a pedestrian, the injured person could make a claim against you. Your financial exposure could be significant, especially if the injuries are severe, and without insurance, you would be personally responsible for covering these damages.

Theft protection

Bicycle theft is a growing a major issue in urban areas and even in smaller towns, with thieves targeting bikes regardless of location. A bicycle can be a significant investment, especially if it’s a high-end model. Despite using locks and taking precautions, bikes are often stolen in public places.

Dedicated cycling insurance policies usually offer theft cover, protecting you if your bike is stolen. Many cycling insurance policies cover the bike even when it’s away from your home, whereas home insurance policies may have limitations or exclusions if the bike is stored outside.

Affordable

Cycling insurance is often surprisingly affordable. Many providers offer policies starting around £30 per year, making it affordable for most riders. Insurance providers keep premiums low because cycling is generally a low-risk activity in terms of liability. However, the coverage it provides can be invaluable in the rare but costly instances where accidents or theft occur.

Does home insurance cover cycling accidents?

Home insurance does not typically cover cycling accidents away from home, though it may cover damage to your bike.

Your home insurance may cover injury compensation for a cycling accident on your property (regardless of whether you or someone else was injured) but this will depend on the wording of your policy.

Things to consider

While cycling insurance is not legally required in the UK, it offers benefits that can provide both financial protection and peace of mind. The relatively low cost of cycling insurance makes it an affordable way to cover yourself against theft, liability, and personal injury.

Ultimately, dedicated cycling insurance is worth considering, especially for regular cyclists who rely on their bike for commuting, leisure, or sport.

Have you been injured in a cycling accident?

Our team and our experienced personal injury solicitor panel share strong expertise and experience in cycling law. For over 10 years, we’ve helped cyclists navigate the claims process, from investigating accident details to ensuring maximum compensation for injuries, repairs, and lost income.

Our deep understanding of cycling accidents means we can offer the tailored support and guidance you need to pursue a no win, no fee claim with confidence.