A New Way To Think About Insurance for Your Bike and Its Rider
Homeowners policies may have a high deductible and low limits on sporting equipment, leaving bike owners with the financial burden of replacing their bikes.
Bike Theft Coverage
At home, work, and in use. It’s not fun to think about your bike being stolen. Rest a little easier knowing you have a policy to cover your bike.
Damage from a Crash
Coverage for your bike’s repair bills incurred after a major crash, damaged while in transit, and costs outside of warranty. Whether you’re at fault or not. Does not include coverage for regular maintenance or normal wear and tear.
Policies include up to $500 covering theft or crash damage to your kit and helmet. For bikepackers, add extra coverage for your bags and supplies. Must be tied to a bike claim.
Optional Personal Accident coverage. $50,000 benefit for accidental death and traumatic injuries with up to $500/week short-term disability.
Coverage for All Types of Bikes
Coverage available for electric, adaptive, custom, and secondhand bikes.
If a bike or personal accident claim causes you to miss a race or event, receive up to $200 towards non-refundable entry fees. Optional trip cancellation policies available upon request.
Loss of Use
Rental bike coverage included. Get yourself a loaner bike during a claim for bike theft or damage.
$1 million public liability covering potential damages you may cause to a third party.
BikePlan is Dedicated Coverage for Bikes and Riders
``I have so many things to worry about before I hit the road, I'm very happy insurance isn't one of them. Nick at Bicycle Broker has had my back for the last 5 years. He makes travel insurance simple and easy. I like to spend my winters traveling to warm places to do what I love. Its nice to have peace of mind knowing if things go wrong Bicycle Broker Insurance will always have my back.``
``As a guy with a lot of mountain bikes, I hunted forever looking for insurance which would cover all my expensive bikes. Nick @ Bicycle Broker made it simple and easy, and insured all of my bikes under my home insurance policy. My premiums even went down from the year prior without any of them being covered. Quick, effective, and I'll be returning.``
``As the owner of Canadian Outdoor Med, we emphasize the vital role of insurance alongside training and certification for bike industry professionals. Nick at Bicycle Broker is our trusted source for comprehensive insurance coverage, from commercial to personal, including our bicycles.``
``Thanks to Bicycle Broker, I didn't have to worry about travel insurance. Setting it up was easy, and every time I've needed to use it, they've been a pleasure to work with. Since 2016, they've taken excellent care of me when I've been injured overseas, making difficult situations a little better. I highly recommend them.``
BikePlan covers you anywhere you can legally ride in Canada or the continental United States.
What type of rider will benefit from BikePlan coverage?
In short, any and all riders between the ages of 16-82. Whether your riding falls in the “utility” category (commuting, shopping, etc.), the “enthusiast” category (riding for fitness, whatever surface(s) you enjoy), or a combination of both, BikePlan has coverage options for you starting at $35/year for 3rd party liability coverage only.
This provides your legal liability, which includes defense costs. If you injure others or damage their property, they can sue you. Yes, coverage extends for claims involving motorized vehicles.
Yes, we offer competitive event coverage which will cover you for any competing event you are in.
Yes, we cover pedal bikes with a motor on them. Providing the unit is not gas powered and its electric motor limits speeds achievable without pedaling to a max of 32 km/h.
You can purchase directly from our website if you reside in Alberta, British Columbia, or Ontario. We also have brokers available in our offices to serve you by scheduling a call. Bicycle Coverage is available at discounted rates via our preferred Bike Shop, Cycling Association, and Clubs. If you wish to get your local shop or association involved, please direct them here to become a partner.