Bicycle

Bicycles

There are several bicycle insurance options available.

How can I get bicycle insurance?

You can include it in your contents insurance, in the garage contents or contents coverage if it stays at home, so that in case of theft while it is in the garage or at home, it is covered. If you choose insurance without excess, the insurance company will pay the full value of the bicycle. You must insure it for its replacement value as new and indicate the brand, model, and frame number of the bicycle. See more at multi-risk insurance.

How can I protect myself against accidents that may occur while riding my bicycle?

You can take out family liability insurance, which covers the whole family, guaranteeing the insurer compensation for property damage and non-property damage resulting from bodily injury and/or material damage caused to third parties by the use of non-motorized vehicles when driven in private or public places not subject to the Highway Code.

How much does it cost?

Allianz Vida Privada insurance covers the whole family for €50,000 with a 10% deductible, with a minimum of €125 for an annual premium of €42.

If you are thinking of driving on the highway, you can and should take out more comprehensive insurance.

What does more comprehensive insurance cover?

• the payment of compensation to third parties as a result of material and/or personal damage caused unintentionally (such as causing an accident involving third parties, whether they be people, vehicles, or other things);
• Bodily injury involving treatment expenses (such as a fall) or more serious matters such as disability or death;
• Transport damage – payment for damage/theft caused during transport on the bicycle identified in the insurance proposal

What insurance do we recommend?

For these three eventualities, we recommend Liberty Bike insurance, which offers the following coverage and capital sums.

Coverage and capital

Do not disregard the full and complete prospectus.

Coverage	Capitals
Death or permanent disability	25.000€
Treatment and repatriation expenses	4.000€
Funeral Expenses	2.500€
Bicycle Civil Liability	50.000€
Transportation	3.000€

Who is it intended for?

This insurance is intended for all cycle tourists, meaning anyone who uses a bicycle for leisure activities. There is no requirement to belong to any federation or other association.
It covers leisure-related cycle tourism activities, including mountain biking.
This insurance does not cover any competitions (compulsory insurance is always required for such competitions).

How does Transportation coverage work?

When transported, properly packaged, and a traffic accident occurs due to a crash, collision, or rollover of the transport vehicle. When transported, properly packaged, and the transport vehicle is robbed.
Proof of the value of the bicycle must always be provided. If there is no invoice, a document may be requested from a specialist store stating the current value of the bicycle. The Agent must also check the condition of the bicycle.

How much does it cost?

Total annual premium €46.10 for civil liability coverage (in gray) and an additional €30 if you also want transportation coverage. In the first year, the cost of the policy, €8, is added.

Frequently asked questions

The policy specifies a bicycle, with its frame number. If the insured person rides another bicycle they own and causes damage to third parties, are they covered? The insured person is covered when riding any bicycle, under Civil Liability coverage.
The insured person is a cycle tourist but, in addition to riding on cycle paths, also rides in areas such as the interior of Monsanto. Are they insured? Yes, as long as they do not ride on private paths, they are insured.