Bicycling is a popular activity in the Netherlands, and it is not surprising that there are more than 23 million bicycles across the country. However, it is also true that bicycle theft is a common problem. In addition to bicycle theft, there are other unforeseen events that can damage your bike, such as collisions and accidents. Therefore, it is essential to have a bicycle insurance to have the costs covered when unexpected events occur.

Why bicycle insurance

Every bike owner should consider having bike insurance. Having bike insurance will give you the peace of mind you need to enjoy your bike. This is because insurance covers all costs arising from unexpected events, such as theft, accidental damage, fire or natural calamities. This means you won’t have to pay to repair or replace your bike when an accident occurs.

Types of insurance

There are several types of bicycle insurance policies offered. The most common are theft and casualty insurance. Theft insurance covers the cost of your bicycle if it is stolen. This type of insurance gives you coverage against the value of your bicycle so you can buy a replacement. Damage insurance covers the cost of any damage done to your bike, such as accidents or vandalism. Here it is advisable to check whether the insurance also provides compensation for damage caused by your own fault.

Costs and benefits

The cost of purchasing bicycle insurance varies by insurer. In general, the greater the coverage, the higher the premium. The cost of purchasing bicycle insurance can range from a few dollars per month to more than a hundred euros per year, depending on the insurance chosen and the value of the bicycle. It is therefore important to do proper research before purchasing bicycle insurance. Taking out a bicycle insurance from Univé can be valuable if you use your bike regularly.

In short, bicycle insurance can be of great importance to bicycle owners. Having this insurance provides coverage against unexpected events, such as theft and damage. There are different types of bicycle insurance, varying in cost and scope of coverage. It is important to do proper research before purchasing bicycle insurance to ensure that the insurance chosen best suits your specific needs and bicycle use. All in all, bicycle insurance can be invaluable in unforeseen circumstances and is therefore always worth considering.