Is Your e-Bike Covered?
If you own an e-Bike it’s important to check if your current Home & Contents insurance policy covers both the damage to the bike itself and any liability claim that may arise from your use of the bike.
Our research has determined that most policies vary in the level of cover provided for e-Bike ranging from full coverage to no coverage at all (total exclusion).
Some things to check are:
- Does the liability section of your policy exclude the use of e-Bikes? If you are responsible for an injury or property damage to a third party, you will be covered.
- Is there a sublimit on e-Bikes? The policy covers e-Bikes; however, they will only pay out a certain amount for each claim.
- Will your policy cover fire caused by a lithium battery? Although it’s extremely rare for batteries to cause fires it is an area that some insurers are excluding.
To play it safe, make sure you let your insurance provider know you would like e-Bikes covered so that the policy recommended is appropriate for your situation.
The team at Provide Insurance have access to Home & Contents policies that provide full cover for e-Bikes, so give them a call if you need advice or assistance.