Unlike a car, it is not mandatory to insure your electric bike. However, it is highly recommended, especially for more expensive models. Electric bike insurance protects your bike against losses like theft, damage, and accidents. Even if you have home or renters insurance that cover your liability, we advise you to triple check your policy, as electric bikes often have limited coverage, and some policies exclude coverage for electric bikes altogether.
There aren’t many electric bikes insurance companies yet on the market. However, some specialists or general insurance carriers have emerged recently (Velosurance, Spoke Insurance, McClain Insurance, Sundays Insurance, Simple Bike Insurance).