E-Bike Insurance

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Updated March 2, 2023

So, you’ve just bought a new electric bike, and you’re wondering about how to best protect it. E-bikes can get expensive, so properly insuring one has become more critical than ever. Before purchasing additional protection for your new electric bike, you’ll want to be sure you know the ins and outs of the insurance options available in the e-bike industry. Just like with other insurances, e-bike owners should know there are coverage limits. And if you’re in Europe, you will definitely need to read about the various ebike regulations in the EU and UK, especially if you are wanting to know how to increase ebike speed, as it may be illegal.


  • One of the best things you can do to protect your e-bike is with e-bike insurance.
  • Insurance for your electric bike isn’t legally required, but it’s still a good idea.
  • There are many types of e-bike insurance, each with clear pros and cons.

Understanding E-Bike Insurance: Coverage and Benefits

Most people don’t typically insure their bicycles or other non-motorized toys. However, there is a significant need to insure electric bikes. The following points are the two main reasons to insure your e-bike:

  • Protect the bike: E-bikes are expensive investments, often ranging upwards of thousands of dollars. insurance protects the e-bike from damage, theft, and malfunction. If you run into any of these circumstances, you’ll simply need to pay your deductible instead of purchasing a brand-new bike. This will greatly limit your replacement cost.
  • Protect yourself: Like other motorized vehicles, electric bikes carry an inherent risk during operation. As such, you may find it more likely to experience accidents or damage to property. With e-bike insurance, you’ll stay protected from financial problems that may arise from any accidents you cause.

Legal Requirements for E-Bike Insurance

So, what about the legal requirements for purchasing insurance for your e-bike? Since it’s a motorized vehicle, you might think that an electric bike insurance policy would be required, but in most cases, it’s not. The distinction lies in the type of e-bike you have. As long as you have an e-bike that falls under one of the official classifications, you aren’t legally required to purchase insurance. Furthermore, you should learn why your electric bike needs lights and remember to use them properly, so you don’t face a fine. The three classes of e-bikes are as follows:

  • Class 1: Pedal-assist electric bikes with max top speeds of 20 miles per hour.
  • Class 2: Throttle electric bikes with max top speeds of 20 miles per hour.
  • Class 3: Pedal-assist electric bikes with max top speeds of 28 miles per hour.

Note: There are newer and experimental designs of electric bikes that will charge when you pedal.

Types of E-Bike Insurance

Knowing the different types of e-bike insurance can help you decide what kind you should purchase.

Theft Insurance

Traditional bicycles get stolen all the time, even when they’re locked up properly. Electric bikes are more expensive and, thus, more likely to be stolen, so coverage for theft may be worth it for you. When you pay for theft insurance, you’ll protect your bike against would-be thieves cutting through your chains and locks. In most cases, the insurance policy will cover the cost of a replacement e-bike. Don’t forget to check your renters insurance policy, as the ebike may be covered in that policy.

Personal Accident Insurance

If you’re ever involved in an accident with your electric bike, this type of insurance will cover the cost of repairs for your bike. It may also cover any medical expenses in the event of a worst-case scenario where you get injured. And if you are using an electric mountain bike, insurance is beneficial to have, as trails and other off-road activities can be dangerous.

Liability Insurance

This is one of the most common forms of e-bike insurance, and it covers you if you damage someone else’s property or hurt someone in an accident. If you purchase any kind of e-bike insurance, you should focus first and foremost on liability insurance. This way, you’ll have protection against someone suing you in case you get in an accident.

Insider Tip

  • If you purchase any kind of e-bike insurance, you should focus first and foremost on liability insurance.
  • The best way to find out how much you’ll need to pay for your insurance is to start gathering quotes from different insurance providers.

Accidental Damage Insurance

Sometimes, your bike gets damaged accidentally. There are a few different types of damage that may be covered. Malicious damage is when someone purposefully damages your property. Collision damage is when your ebike hits something and becomes damaged. Cosmetic damage is when there are visible scratches or dents on the ebike but no structural damage. That’s where accidental damage insurance comes into play. This type of insurance will help you repair your bike without great expense to you. Read your policy carefully, if you have personal property coverage,  to see if it covers physical damage and property damage coverage.

STAT: Riding an electric bike can possibly lead to more serious injury, which is why insurance is so important. (source)

The Cost of E-Bike Insurance

Now that you’ve learned all about the different kinds of e-bike insurance there is available today, you might be wondering how much it costs. Like all kinds of insurance, the cost of e-bike insurance can vary greatly depending on a few key considerations like location, the value of the bike, the type of e-bike you own, and whether you use your e-bike for competitive sports. The best way to find out how much you’ll need to pay for your insurance is to start gathering quotes from different insurance providers.


Does homeowner or auto insurance cover electric bikes?

The simplest answer to this question is, it depends. Check with your homeowners policy or auto insurance providers to find out if your electric bike is covered under your existing policy.

How much does electric bike insurance cost?

The cost of your e-bike insurance can vary based on your location, local crime rates, e-bike value, and more. The best way to figure out insurance costs is by gathering quotes from different providers.

What does electric bike insurance cover?

Electric bike insurance can cover anything from accidental damage to injuries, depending on the policy you buy.

Do you need insurance on an electric bike?

You are not legally required to carry insurance on your electric bike, but we recommend doing so anyway.

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