Electric bike insurance: Everything you need to know and for whom it's worth it

Electric bike insurance: Everything you need to know and for whom it's worth it

Electric bike insurance: Everything you need to know More and more people are taking action and deciding to buy an electric bike. These are devices that are really fun and offer many benefits. But on the other hand, electric bikes are much more expensive than a standard bike. This is partly due to the high quality technology (battery and motor) that manufacturers equip their electric bikes with.

It is for this reason that electric bikes are popular with thieves. As this figure shows, nearly 500 bicycles per month are stolen in the capital each month, according to the site sorteraparis.com. Therefore, good protection for your eBike is all the more important. This is why many electric bike enthusiasts wonder if they should take out special insurance for this type of vehicle.
Insurance in addition to a good anti-theft device

Many e-bike owners don't take out insurance because they don't want to pay and they already have a good anti-theft device to protect their e-bikes. At least that's what a lot of people think.

But a lock, no matter how secure, can be picked or broken by thieves with the right tools and time. This is why it is important not to rely solely on your lock. If you want your bike to be totally safe, the best thing is to invest in special insurance for electric bikes.

Moreover, if you want to know more about locks, I invite you to read our article on the best locks for your electric bike.
What is electric bike insurance?

Many people are certainly familiar with car insurance. Insurance for an electric bike is nothing more than bicycle insurance. The insurance generally covers the specific parts of the electric bike, such as the battery or the motor (parts that cost the most).

So, with the right insurance, e-bike owners can cover themselves not only against theft and vandalism, but also against electronics failure or other damage.
Electric bike insurance in addition to home insurance?

electric bike insurance in addition to home insuranceMost of us who have an apartment or house already have home insurance. In this context, the question is whether a special insurance for the e-bike makes sense with an already existing home insurance.

While normal home insurance covers theft up to a certain amount, bicycle insurance goes much further. Indeed, it protects the electric bike even in its daily use.

Indeed, unlike home insurance, good electric bike insurance covers you in the following cases:

    This particular insurance is adapted to the price, age and situation you keep and park, as well as the use of the electric bicycle. Therefore, you only pay what you really have to pay.
    Some insurers also cover damage and replacement of individual eBike components.
    They also insure you against theft and damage to your property.

Insurers often offer a mobile or home repair service.
When is home insurance sufficient?

In many cases, home insurance is not enough when it comes to e-bikes. Home insurance only covers damage if thieves steal the e-bike from your own apartment, house or basement.

So, this one does not work, even in case of vandalism. This is why this home insurance is not enough to cover you. Electric bike insurance is essential for good and complete protection.
When is electric bike insurance useful?

If the electric bike is a very expensive and high-quality model, such as an electric road bike for example, it is better to take out insurance for your e-bike. Even e-bikes that are used every day can also be insured. Indeed, even cheap electric bikes are still a certain investment.

Such insurance can quickly pay for itself when you consider the costs of purchasing an electric model, especially if it suddenly disappears. On the other hand, for older and low-quality models, insurance is generally less attractive.