Last reviewed:
· Pedalsure Underwriting Team · Underwriting Lead
Pedalsure is specialist bike insurance for bicycles: push bikes, pedal
bikes and road-legal e-bikes worth £400 to £15,000. We don't insure
motorbikes, mopeds or e-scooters. Our Theft and Accidental Damage
policy covers your bike if it's stolen, damaged in a crash or
vandalised, at home and away. Claims are settled new for old. Insure
up to five bikes on one policy, from £2.45 a month, with your price fixed for the policy year.
Only need theft cover?
Theft Only
is also available.
How bike insurance works
Insure each bike for what it costs new today. Use
the full retail price, including essential upgrades such as wheels
and groupsets.
Add the cover you need. Personal Accident, Personal
Liability, accessories, worldwide cover and competition cover are
all optional. Accessories, worldwide and competition cover come with
Theft and Accidental Damage only.
Meet the security rules. Lock your bike with an
approved lock when you leave it, and keep it secure at home.
Claim online. We aim to review every new bike claim
within 24 hours. We repair or replace your bike, or pay you the
cost, less your excess.
What's covered
Included with Theft and Accidental Damage
Cover
What it means
Theft
At home and away from home, when the security requirements are met
Accidental damage
Sudden, unforeseen damage, for example in a crash
Malicious damage
Damage someone else causes on purpose, such as vandalism
New-for-old replacement
Same make and model, or equivalent if that's not available. No deduction for wear and tear.
Replacement bike hire
Up to £500 per policy year while an approved claim is settled
Family riders
Your bikes are covered when ridden by close family (parent, partner, child, brother or sister) who live permanently with you
Sportives and charity rides
Covered without an add-on when no winner is selected
Optional add-ons
Personal Accident (Bronze, Silver or Gold), with optional loss of earnings
Personal Liability
Accessories and personal possessions (£250, £500 or £1,000)
Worldwide cover (30 or 60 days a year)
Competition cover for racing and triathlons
Accessories, worldwide and competition cover come with Theft and
Accidental Damage only.
Bike insurance with Pedalsure starts from £2.45 a month.
Your price depends on your bikes and the cover you choose: the value
of each bike, how many bikes you insure, your cover type and any
add-ons.
We only change your price at renewal, and we won't change it part-way
through the year because you've claimed.
Home insurance may limit each bike to a single-item amount, and may
not cover your bike away from home unless you add it. A Pedalsure
policy is built around your bike:
each bike is insured for its replacement value, up to £15,000;
you're covered away from home, within the lock and time rules; and
a bike claim doesn't go through your home insurance.
If a bike is specifically insured under another policy, we won't cover
it as well.
Lock: Sold Secure Silver, Gold or Diamond for bikes
up to £1,000. Sold Secure Gold or Diamond above £1,000. A
Thatcham-approved motorcycle lock works at any value.
Lock it right: through the frame to an immovable
object. Leave it for no more than 12 hours, or 24 hours at work or
in a station cycle rack.
Photos: upload a photo of each bike within 30 days
of buying your policy.
We won't pay a claim if the lock and storage requirements weren't met,
unless you can show the failure couldn't have increased the risk of
what happened. If you don't upload photos, your cover may be invalid.
Injury: contact us within 28 days of the accident.
Who can buy a policy
You must be 16 or over and live in the UK or the Isle of Man. You must
own the bike, or be legally responsible for it under a cycle to work,
hire or finance agreement, and it must have no existing damage. In the
past year you can't have made more than two bike claims, or one claim
of more than £500.
Pedalsure policies are arranged by Pedalsure No. 3 Limited, an
Appointed Representative of Pro MGA Solutions Ltd (FCA 770419), and
underwritten by Dukes House Insurance Limited. Dukes House isn't
covered by the Financial Services Compensation Scheme (FSCS).
No. There's no legal requirement to insure a push bike or a road-legal e-bike in the UK. Bike insurance protects you against the cost of theft or damage. Optional Personal Liability covers you if you injure someone or damage their property while riding, up to the limit on your Policy Schedule, unless you have liability cover elsewhere.
How much is bike insurance?
From £2.45 a month with Pedalsure. Your price depends on your bikes and the cover you choose, and we only change it at renewal.
Is bike insurance worth it?
It depends on what your bike would cost to replace and what your home insurance already covers. Pedalsure's Theft and Accidental Damage policy covers theft at home and away, accidental damage and new-for-old replacement. Compare the price with the cost of replacing your bike new.
Does home insurance cover my bike?
Sometimes. Check your home policy's single-item limit, whether it covers your bike away from home, its lock rules, and whether a claim would affect your no-claims discount.
Do you insure motorbikes or scooters?
No. We insure pedal cycles (including tandems, tricycles and cargo bikes) and e-bikes that are road-legal electrically assisted pedal cycles. We don't cover motorbikes, mopeds, e-scooters, ePeds or iPeds.
How many bikes can I insure?
Up to five bikes on one policy, worth up to £15,000 each and £30,000 in total. Your cover type applies to every bike on the policy.
Are sportives and charity rides covered?
Yes. Sportives and charity rides where no winner is selected don't need competition cover. Races, triathlons and other events where a winner is selected need the competition add-on.
Will my price go up if I claim?
We won't change your price part-way through the year because you've claimed. If we replace your bike or pay your full sum insured, you can reinstate cover until renewal for an extra premium. After a claim, we may offer different terms at renewal.
Can I cancel?
Yes. Cancel within 14 days of buying (or of receiving your documents, if later) for a full refund. After that, you get a refund for the time left, less an admin fee of up to £20. Both apply only if no claims have been made or are pending. A gift's retail value may be deducted.