Is a bicycle insured on the contents insurance?
When your bicycle is stolen, that is of course annoying enough. Whether you are insured when your bicycle is stolen depends on how you are insured. Is your bicycle insured in the home contents insurance? We explain.
Does a bicycle fall under the contents insurance?
When your bicycle is stolen, it is wise to report it to the police as soon as possible. Then contact your insurer or agent immediately to report the theft. It depends on the situation whether your bicycle is covered by your home contents insurance. Your insurer or agent can often tell you immediately whether your damage is covered.
Has your bicycle been stolen from your home or shed? Then in most cases it is covered by your home contents insurance. You must be able to prove that your bicycle and the shed or house where it was stored were locked. Is this not the case? Then the insurer will not pay the damage. Always make sure your bicycle is locked and your house or shed is locked. There must be traces of breaking and entering in the house or shed where your bicycle was stolen.
Has your bicycle not been stolen from your house or shed? In most cases, the bicycle is not covered under your home contents insurance. For this you need a separate bicycle insurance.
Take out a separate bicycle insurance
As explained above, there are situations when your bicycle is not covered by contents insurance. Do you want to insure your bicycle against street theft? If so, you can purchase a separate bicycle insurance policy at alpina.nl .
Do you have a new or expensive bicycle or e-bike that is often left outside? Then bicycle insurance is certainly worth considering. However, you must be able to prove that your bicycle or e-bike was locked in the event of theft. If you can't, the theft is still not covered with a bicycle insurance.
A bicycle insurance is not legally obligatory, but it is certainly advisable. You pay hundreds or even thousands of euros for the bicycle. Theft can cause you to lose this investment in one go. With bicycle insurance, you will not suffer any financial loss as a result of the theft. The insurance often includes a generous compensation. The first three years you will usually receive 100% of the insured amount and not the current value of the bicycle. With most bicycle insurances you do not have to pay an excess. So you get the full amount of the damage back. For a relatively low premium, you can insure your bicycle against theft and accidental damage.
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