0800 121 4424

Cycle insurance
Custom fit for you

If you prefer separate cycle insurance not linked to your home policy, we have a great product you can tailor to fit your requirements.

We provide theft and accidental damage protection for your bikes and leave the rest up to you.

Mix and match the options, and get exactly the cover you need.

You can quote and buy a policy in just a few minutes online.

Podium finishing cycle insurance reviews

There’s no such thing as too many bikes

Our Omnium cycle insurance policy allows you to add bikes with a total value of £50,000 and a £15,000 single bike limit.

What’s more, all of your family living in your household will get the same level of cover as the policyholder.

Finally, we also provide £100,000 worth of legal expenses free.

Our optional cycle insurance covers at a glance

If you damage somebody’s property or injure another road user while cycling, you could find yourself liable for damages. Pedal Cover cycle insurance has the option of £1 million or £2 million public liability cover.

Protect your bib shorts, jersey, helmet and cycling shoes in case you damage them in a crash. Choose a limit that matches the gear you would be wearing on a ride.

Cover your accessories if they are damaged while riding, or stolen at the same time as the rest of your bike. Accessories are any non-essential part of your bike you could take off and leave at home, such as a Garmin or set of pannier bags.

If you have added a power meter to your bicycle, you can cover it if it’s damaged in a crash, or stolen at the same time as the rest of your bike.

If you have an additional set of wheels, perhaps a set of discs for time trialing, you can add them to your insurance. They’ll be covered for accidental damage and theft.

You’re bikes are covered in the UK with Pedal Cover, but if you are going to be taking them abroad, you can extend your policy to include European or Worldwide cover.

If your bicycle is delayed by an airline or turns up damaged so you can’t ride it on your holiday / at an event, or if you don’t have access to your bicycle during a claim with us, we can cover the cost of a bike rental.

Extend your cover to include non-competitive events such as sportives, charity rides and Gran Fondos, or add race cover to protect your bike during competitive events such as triathlon, time trialing and mountain bike racing.

We will cover any non-refundable event entry fees if an illness or injury prevents you from taking part. Excludes any pre-existing conditions.

Cover the cost of a taxi home, to the train station, or back to your hotel if you have a breakdown you can’t fix by the side of the road.

Extend your cover to include non-competitive events such as sportives, charity rides and Gran Fondos, or add race cover to protect your bike during competitive events such as triathlon, time trialing and mountain bike racing.

This cover provides all our customers a 24/7 advice line to pursue claims for things like personal injury

Other polices we offer

Home and bike insurance

Travel insurance for cycling

High value home insurance

Welcome to our cycle
insurance only FAQ section

We can hopefully answer all your questions related to our bicycle insurance underwritten by Allianz. For customers with questions about other policies, you should go to the relevant product page or contact the team.

You manage this yourself online log in HERE

Yes – provided they are listed, any family members who permanently reside with you are covered under this policy.

If you only want to insure a couple of bikes in your fleet, that’s A-OK. Just tell us which ones you want to insure, and list them on your policy. If you claim for a bike that is not listed on your policy, we cannot cover it.

 

Cycle accessories are an optional cover.

We define them as cycle-related equipment owned by you and used in conjunction with your bike but which are not essential to its operation.

E.g. saddle bags, cycle computers, bottle cages,  bottles, clip-on tri-bars.

❗ You must add this benefit to your policy; it is not covered automatically.

The following are not accessories:
✘ power meters
✘ upgraded parts (e.g. saddles/wheels/pedals), or components that should be included as part of the pedal cycle value
✘ phones or watches, unless used to record ride  GPS data at the time of the accident

We do not depreciate bicycles; in most cases, we ask that you insure the bikes at the price you paid for them (whether new or second-hand).

There are a few exceptions, though. If you bought the bike new from a retailer with a significant discount (this does not include ex-demo bikes), you can insure it for the RRP at the time of purchase.

If the bike is an antique or vintage, you can insure it at the valuation provided to you by a suitable shop or expert (the valuation must be within the last three years).

If you built the bike up from parts, you can insure it for the sum of all the parts, including any external labour costs (i.e. you can’t include your own time).

Other insurers may have differing views on how to value your items. You may have even had a different cycling insurance policy in the past.

We have a consistent valuation method. Our examples below might help you. If you’re unsure after reading, you can contact support.

You must have proof of purchase for your bikes, e.g. paper or electronic receipts.

A few valuation scenarios when buying a bike from new

Q1I purchased my bike for £5,000 from a retailer in 2016 and have had no upgrades since; what’s the value?
A

The value is £5,000, i.e. the price you paid for it.

! Remember to include any pedals or upgrades you added at the time of purchase.

Q2I purchased my bike for £2,000 from a retailer in 2018 and then spent £1,800 upgrading the wheels and saddle in 2019; what’s the value?
AThe valuation is the total price paid for the bike and the extra parts, i.e. you paid £2,000 and then spent £1,800 upgrading the wheels and saddle; you should value it at £3,800.
Q3I purchased a bike worth £1,000 RRP for £600 in a sale; what’s the value?
AIt would be best if you insured it for the RRP at the time of purchase, i.e. £1,000. The invoice should show the discounted price.
Q4I was gifted a bike worth RRP £3,000 in 2019; what’s the value?
AThe bike’s value is the RRP at the time of gifting, i.e. £3,000; this also includes if you won the bike as a prize in a competition. ! Remember to keep proof of the prize or evidence it was gifted.
Q5I purchased an antique bike ridden by Eddy Merckx for £5,000 in 2012; what’s the value?
AIn this instance, you insure the bike for the value that an expert has calculated. You must provide photos of the bike and a copy of the valuation letter less than three years old to verify the value.
Q6I built a bike up myself from parts. I paid £4,500 for the frameset, wheelset, groupset and finishing kit from various sources; I also paid £500 for a power meter; what’s the value?
AIt would be best to insure the bike for £5,000 plus a little extra for the labour costs. 

 

A few valuation scenarios when buying a USED bike

Q1I purchased a bike from a friend for £750; what’s the value?
A

If you bought a bike from your friend for £750, you should insure it for £750.

! Remember to keep a copy of the receipt or transfer of ownership

Q2I bought a bike for £500 on the internet and then purchased a brand new wheelset for £1,000; what’s the value?
AYou should insure it for £1,500
Q3My Aunt gifted me a second-hand bike; what’s the value?
A

If your Aunt has the receipt, e.g., she paid £450 on eBay, you should insure it for £450.

! If you don’t know the price she paid, you should speak to our support team in advance to agree on a value.

Q4My brother gifted me a second-hand bike, and I’ve since spent £700 upgrading the groupset; what’s the value?
A

If you know the price paid for the bike, add that to the new parts’ price.

! If you’re in doubt, confirm the value with our support team.

Q5I paid £2,500 for an ex-demo / ex-display bike, but it’s worth £5,000 RRP; what’s the value?
AIf you paid £2,500 for an ex-display bike, you should insure it for £2,500; this also includes buying bikes sold off by race teams at the end of a season.

No. We can only insure pedal cycles that are permanently stored at your home, as listed on your schedule. If you keep your bikes at a second address, you should make sure they’re covered under a separate policy.

 

Not as standard. Bike Boxes are covered for up to £1,000, but only when selecting the optional Cover Abroad; they have an excess of £100.

Bike boxes are covered up to the price you paid; you will need proof of purchase in the event of a claim.

We will also cover your bike box if it is damaged by an airline, providing that the damage is reported to the airline within 72 hours of discovery.

Yes, there are different excesses applied to the policy depending on which section you’re claiming under.

We provide a complete summary below.



In order for us to agree to the value of a custom build without any receipts, we would need you to email our customer support team so we can agree on a value. In the event of a claim, we’d hate to disagree! It’s always best to be on the same page.

If your bike doesn’t exist anymore and it was stolen, we would look to replace your bike with a similar current make and model, up to the value of the bicycle when you bought it.

If it were a collector’s item or an antique, you would be covered up to the value of a recently conducted valuation. The valuation must have been obtained before a claim, and the payout will not exceed the insured value.

One of the unique features of our policy is we do not depreciate the value of your bicycle, no matter its age. You should therefore always insure your bicycle for what you paid (whether new or second-hand).

If you underinsure your bicycle, we will simply reduce the settlement value proportionately to the level of underinsurance. This is common practice within most areas of insurance.

For complete clarity, here is an example of how we would calculate a pay-out for an underinsured bicycle.

(sum insured/actual value) x loss = claim sum paid

Example :

Price Paid – £2,000

Insured for – £1,500

Bike is stolen

(£1,500 / £2,000) x £1,500 = £1,125

Pay-out to the customer is £1,125 less the excess

Our customer service team are always willing to explain this if you need any further clarification.

It depends on the level of cover you have chosen. We offer an Event Participation upgrade, and the two levels are Sportives/Gran Fondos or Full Race Cover.

Best visit the claims page HERE for all the most up to date information.

Pedal Cover handles the cycle claims.

Any family legal claims are handled by ARAG, the insurer of the legal protection.

Visit the claims page HERE for all the most up-to-date information and contact details.

Yes, there are different excesses applied to the policy depending on which section you’re claiming under.

We provide a complete summary below.

One of the unique features of our policy is we do not depreciate the value of your bicycle, no matter its age. You should therefore always insure your bicycle for what you paid (whether new or second-hand).

If you underinsure your bicycle, we will simply reduce the settlement value proportionately to the level of underinsurance. This is common practice within most areas of insurance.

For complete clarity, here is an example of how we would calculate a pay-out for an underinsured bicycle.

(sum insured/actual value) x loss = claim sum paid

Example :

Price Paid – £2,000

Insured for – £1,500

Bike is stolen

(£1,500 / £2,000) x £1,500 = £1,125

Pay-out to the customer is £1,125 less the excess

Our customer service team are always willing to explain this if you need any further clarification.

You have an option to pay a fixed annual price by credit or debit card online or over the telephone.
You also have the option to subscribe to a monthly policy using a recurring credit or debit card payment; you can stop cover at any time.
If we cannot collect your monthly subscription payment successfully, we will pause your cover, and you will not be able to submit a claim.

You also have the option to subscribe to a monthly policy using a recurring credit or debit card payment; you can stop cover at any time.
If we cannot collect your monthly subscription payment successfully, we will pause your cover, and you will not be able to submit a claim.

You may cancel anytime using our online customer portal or by contacting our customer support team.

We will cancel without an administration charge and refund the part of your premium, which  applies to the remaining period of insurance (as
long as you have not made a claim).

No, however, we can not refund any premium if:

  • you have claimed during the period of insurance
  • a claim has been made against you during the period of insurance.

There are several scenarios where you may need to secure your bicycle with a lock at and away from home, and you must use an approved bicycle lock for our theft cover to be valid.

It can be challenging to choose a bicycle lock. There is a considerable range in quality, and the price isn’t always a great indicator of how secure a bicycle lock is. To solve this problem, a company called Sold Secure, part of the Master Locksmith Association, test locks sold in the UK and give them a rating of Bronze, Silver, Gold or Diamond. A lock’s rating is usually printed prominently on the packaging along with the Sold Secure logo. The vast majority of locks sold in the UK will have a rating; if they don’t, it’s an excellent indication that you are looking at a poor-quality lock.

Sold secure bicycle lock rating logos

If your bicycle is valued at £1499 or less, any Sold Secure Silver rated bicycle lock is sufficient to secure your bike.

If your bicycle is valued at £1500 or more, you need to use a Sold Secure Gold bicycle lock when securing your bike. 

If you are claiming a bicycle secured with a bike lock, our claims handlers will want to see some form of evidence for the lock you were using. We recommend finding the receipt now to ensure you have it if you need it. If you do not have a receipt for your lock, you can take a photograph of it with the keys to demonstrate that you own it. Thieves almost always take a cut lock away, so do not rely on finding a broken lock where you left your bicycle.

Some D-locks come with extra cables attached to them. These “accessory” cables are NOT rated by Sold Secure and should not be used to secure your bike. The policy would not cover your bike if a thief can steal your bicycle by cutting this cable without cutting the Sold Secure lock. The bike wasn’t locked using the Sold Secure rated lock.

For more information, visit our security blog HERE.

No. We can only insure pedal cycles that are permanently stored at your home, as listed on your schedule. If you keep your bikes at a second address, you should make sure they’re covered under a separate policy.

If you’re storing your bicycles inside your home, then security is easy. Your doors and windows must be locked for the cover to be in place, but there are no additional requirements such as locking your bikes to an immovable object.

This also applies to a temporary residence such as a holiday home or hotel room.

We have some simple to follow minimum security requirements at Pedal Cover for your home. They differ depending on the building you’re locking (house, shed, garage etc.).

Your home or temporary holiday accommodation (but not domestic garages, outbuildings and sheds)
– You must lock all final exit doors with a deadbolt; where you have them, all window locks and alarms must be in operation.

Your domestic garage, outbuilding or shed within the boundaries of your home
– You must secure all external doors by a deadbolt or a CEN Grade 3 closed shackle padlock; any window locks must be in operation, and there mustn’t be any exposed screws on the door hinges.

A self-contained, lockable room with restricted access within a university hall of residence or boarding school.
– You must lock all final exit doors of the room, and all window locks must be in operation.

Your vehicle.
– You must store all items within a closed glove box or covered boot and lock all windows and doors, including the boot. You must also switch on an alarm if the vehicle has one.

deadbolt

Our cycle insurance will cover your bicycles in your shed or garage, but there are a few security requirements you need to follow.

The garage must be within your home’s boundaries and accessible to you and your family members only. 

All external doors need to be secured with a mortice deadlock or a CEN grade 3 standard closed shackle padlock. These are industry standards and are usually marked on the lock’s packaging.

deadbolt

If the locks of your shed or garage doors do not meet this requirement, you can lock your bicycle through the frame to an immovable object with an approved bicycle lock.

Our requirements for wooden sheds are slightly stricter. Bicycles valued under £1500 are covered so long as the shed door is secured using a lock noted above. You must also lock bikes valued at £1500 or above through the frame to an immovable object with an approved lock. The shed must not have exposed screws that someone can remove to gain access and bypass the locks.exposed-hinges

We can cover a communal store in a block of flats, provided only residents have access, the bikes aren’t visible to passers-by (i.e. it is a solid wall structure, not a cage), and bicycles are locked to an immovable object inside the store. All other physical security must also meet our requirements.

Your bicycle is covered for theft if you leave it locked through the frame to an immovable object while away from home. This gives you protection if you are leaving a bike outside the shops, gym, or locked to your roof rack while travelling. There is a hard limit to how long you can leave your bike locked up, however. 

Bicycles can be left securely unattended for a maximum of 18 hours at a time. If a bicycle is left for more than 18 hours, it is no longer covered for theft.

f you are securing your bicycle outside the shops or in a wooden shed, you will need to lock it through the frame to an immovable object with your approved lock. There are many things which could be considered “immovable objects” from railings to round anchors, so long as they meet all of the requirements laid out in the policy wording:

  1. An object which cannot be undone or removed unless using extreme force (i.e. requiring the use of power tools or other machinery, not simple hand tools such as a spanner). 
  2. An object from which a pedal cycle cannot be lifted, either over or under, without having broken the approved lock. 

how-to-lock-your-bike

This could be a ground anchor installed in your shed, a “Sheffield stand” on your local high street or even set of railings. We would also consider a roof rack an “immovable object”, and we describe this explicitly in the policy wording:

  • A properly fixed motor vehicle pedal cycle rack which is locked to the vehicle which cannot be undone or removed unless using extreme force (i.e. requiring the use of power tools or other machinery, not simple hand tools such as a box cutter). 
  • A pedal cycle rack supplied expressly for the purpose of securing pedal cycles which cannot be undone or removed unless using extreme force (i.e. requiring the use of power tools or other machinery, not simple hand tools such as a spanner), including those found at rail stations, city centres and places of work.  

Bicycles can be left securely unattended for a maximum of 18 hours at a time. If a bicycle is left for more than 18 hours, it is no longer covered for theft.

Wheels with quick-releases are not covered if a thief can simply undo the quick-release to remove them, leaving the rest of your bicycle behind. To secure your wheels, you should make sure the lock passes through the wheel, frame, and immovable object.

Some D-locks come with extra cables attached to them. These “accessory” cables are NOT rated by Sold Secure, and should not be used to secure your wheels (or bike). If a thief can steal your wheels by cutting this cable without cutting the Sold Secure lock, your wheels would not be covered by the policy. 

how-to-lock-your-bike

Bicycles can be left securely unattended for a maximum of 18 hours at a time. If a bicycle is left for more than 18 hours, it is no longer covered for theft.

Not as standard, we have the option to extend cover to include either Europe or Worldwide. If you choose the optional extension, named bikes are covered abroad for up to 90 days, any one trip.

If you are transporting a bike on or in a car, you would be covered for accidental damage and theft (if you adhere to our security criteria).

If you hand your bike over to a courier company or common carrier, we will cover the bike for accidental damage so long as the bike is securely packed and you have a receipt for the transit. We would not cover the cycle for theft, though.

Your bikes are covered against loss, theft and damage when given to an airline, so long as they are securely packaged within a bicycle box, and you have retained the receipt from the airline confirming your bicycle was checked-in. The standard policy excess will apply.

If your bike is damaged whilst in the care of an airline, you will need to file a claim first against the airline; you must file this within 21 days of the damage being discovered. Baggage is protected under the Montreal Convention up to a statutory limit; we will pay first and cover the outstanding balance. 

 

You should use a bike box to safely pack your bicycle. We define a bike box as a piece of baggage specifically designed to transport a pedal bicycle made of plastic, carbon fibre, or metal.

Bikes that are packaged in soft bike bags, which provide additional protection through a robust internal frame, will be covered at our discretion. Please get in touch with our customer care team if you intend to travel with your bike packed in a soft bike bag so that we can approve this prior to your departure.

Cardboard boxes and soft bike bags without an interior structure to support the bicycle are not acceptable.

Yes but only if you select the optional liability cover and also select cover abroad. Public liability cover is not provided in the USA or Canada regardless of the options you select.

No, this is not a travel insurance product.

If you require medical, repatriation or cancellation cover, you should take out appropriate cycle travel insurance to cover you for your trip.

We can offer you a quote for this and you can find out more information by visiting our cycle travel insurance page

No. We can only insure pedal cycles that are permanently stored at your home, as listed on your schedule. If you keep your bikes at a second address, you should make sure they’re covered under a separate policy.

If you intend on leaving your property unoccupied for more than 30 days, please call to see what options you have. If you don’t tell us, you may not be covered.

If after looking through the FAQs you can’t find the answer you are looking for you can click our live chat open Mon to Fri from 9 am to 5 pm

Stories from the Pedal Cover blog...

Our cycle insurance
summary of covers

Our cycle insurance has core and optional covers, 
use the table below to see what’s on offer.

PERIL LIMIT INCLUDED EXCESS
Theft Up to the sum insured Yes £100
If you own a Diamond-rated Sold Secure lock, we will waive your excess whilst away from an insured location. You must prove the lock was used at the time of the theft (e.g. a time-stamped photo of the lock when you left your pedal cycle or the remains of the cut lock)
Accidental Damage Up to the sum insured Yes £100
Legal Expenses Up to £100,000! The UK only Yes None
PERIL LIMIT INCLUDED EXCESS
Public Liability Up to £1m or £2m (! Excludes USA or Canada) Optional None
Helmet & Clothing Up to £250, £500, £750 or £1,000 Optional £50
Accessories Up to £250, £500 or £750 Optional £50
Power Meters Up to £500, £750, £1,250 or £3000 Optional £100
Additional Wheelsets Up to £1,000, £1,500, £2,500 or £5,000 Optional £100
Event Participation Sportives/Gran Fondos or Full Race Cover Optional n/a
Cover Abroad Europe or Worldwide Cover Optional n/a
Bike Boxes Up to £1,000, when selecting Cover Abroad Optional £100
Cycle Hire Up to £500, £750 or £1,000 Optional £50
Event Withdrawal Max 2 claims a year, up to £500 or £1,000 Optional £50
Taxi Reimbursement Max 2 claims a year, up to £50, £100 or £150 Optional None
Personal Accident (the limits below are capped per incident) Optional None
Limit Death  Total Disablement  Loss of sight Loss of limbs Physio Cover  Broken Bones  Hospital Benefit  Emergency Dental 
Level 1 £10,000 £10,000 £10,000 £10,000 £150 £75 £0 £100
Level 2 £25,000 £25,000 £25,000 £25,000 £300 £150 £30 £175
Level 3 £50,000 £50,000 £50,000 £50,000 £500 £250 £30 £250
TYPES OF RIDING INCLUDED Location OPTIONs DURATION OUTSIDE UK
Leisure Yes UK, Europe, Worldwide up to 90 days if selected
Commuting Yes UK, Europe, Worldwide up to 90 days if selected
Non-competitive Events Optional UK, Europe, Worldwide up to 90 days if selected
Racing Optional UK, Europe, Worldwide up to 90 days if selected
Family Cover Yes UK, Europe, Worldwide up to 90 days if selected
Courier Cycling Not Available Not Available Not Available

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Contact us

Mon to Fri from 9 am to 5 pm
The Old Mill, Ewenny, CF35 5BN
0800 121 4424