What are the benefits of having electric bike insurance?

Benefits of having electric bike insuranceCyclists who take out an insurance policy for their electric bike will enjoy certain advantages. The biggest advantage, apart from the higher sum insured in the event of theft, is the reimbursement in the event of defects in high-value parts such as the battery or the motor of the e-bike.

This insurance applies day and night. Unlike some home insurance policies, this one has no restrictions when it comes to storage location.

Moreover, insurance is naturally used for your daily journeys and in your everyday life. But it is also very useful if you go on a trip with your bike. However, the insured must inquire about the conditions and also the terms of the insurance before a trip. Be careful, there are differences with each insurer and not all insurers offer the same conditions.

Owners of an electric bike benefit from the fact that the insurance works if thieves modify components of your property. These include the screen, the battery or the motor. Even in the event of damage caused by an accident or an act of vandalism, the persons concerned can hope for a replacement or a repair thanks to their electric bicycle insurance.

To see a little more clearly, here is a brief overview of what insurance for VAE can offer you:

    Protection in case of theft or theft of elements (battery, saddle, engine, etc.)
    Protection against vandalism
    Assistance in case of damage due to falls or accidents
    Coverage of costs incurred in the event of defective batteries, motors or other electronic parts
    Replacement in case of production errors or damage due to mishandling.

When does electric bike insurance not work?

electric bike insurance does not generally insurance does not apply and does not cover damage if the following scenarios occur:

    the insured lent his electric bicycle and, in this context, thieves or vandals damaged it.
    the e-bike suffers from daily wear and tear, such as a flat tire or a twisted fender.
    the insured participates in competitions during which the bicycle suffers damage
    the insured improperly modified the e-bike prior to an accident. This mainly affects the brakes and the drive system. This may be the case if you are installing a different e-bike kit than the original one.

Conclusion

With the rise in theft and the cost of buying an e-bike, getting insurance makes sense in most cases. It not only covers theft and vandalism, but often defects and damage as well. If you compare the cost of insurance to the cost of buying a new e-bike, this is a small amount and therefore a bargain.
Electric Bike Insurance FAQs

To be able to take out insurance for your electric bike, insurers usually require certain papers and documents. In general, it asks for the following information:

    frame number
    the proof of purchase (invoice), which indicates the value and age of the e-bike
    proof of ownership of a lock in the form of an invoice
    a photo of your electric bike