E-Bikes: Do I Need Insurance For Them?
Insurance coverage for e-bikes and similar types of motorized devices is often not included under homeowners’ policies. These technologies are still relatively new, so each insurance company tends to handle them differently.
Still, you might ask, do I really need coverage for them?
What to think about
E-bikes can travel at 20-30 mph, which is faster than the speed a professional biker can reach on a traditional bike. A national UC San Francisco study found that e-bike injuries doubled every year from 2017 to 2022, while e-scooter injuries rose by 45% each year*.
This trend is likely to continue as more and more people start using these devices.
The liability risk
In addition to protecting you, your family, and your assets, you also want to consider the potential liability you might be exposed to if you were to injure someone else while riding.
What we recommend
If you or someone in your household use one of these devices, give us a call. We can walk you through your options – including property and liability coverage - so you can ride them with total peace of mind.
*Source: Electric scooters and bike accidents are soaring across the U.S.