|
| Bicycle Insurance |  Bicycles are inexpensive, environmentally friendly and useful form of exercise. That is why there are a great number of cyclists throughout the country. Many commuters now cycle to work and popularity of cycling holidays are increasing. Nevertheless, each year the increased number of cyclists lead to 26,000 accidents. But not only increased number of accidents causes a lot of problems. Every day thieves steal more than 1,000 bicycles.
Bicycle insurance is organized to cover a number of accidents such as fire, theft, accidental loss and damage to the insured bicycle. Bicycle insurance covers also specified accessories, usually up to the sum insured value and personal accident.
It is advisable to check exactly what the bicycle insurance policy will cover as with all insurance policies. For instance, many insurers will specify that policyholders must “take reasonable care”. Despite protests from cycling groups the phrase “take reasonable care” is still legitimate, regardless of its ambiguity.
To ensure you get the most from your bicycle policy make sure you select the right insurance policy to suit your needs. You should take into account what you use your bike for, how often you use it, and where you keep it.
|
|
