Insurance companies?

Posted by GalaxyFro3025@reddit | ebikes | View on Reddit | 10 comments

Just bought a bike, spent about $1500. I’m just not familiar with e-bike insurance.

Main question: are there companies that so this very well, any that do a terrible job and I should avoid?

My first thought is to just go through progressive, since I have car insurance it should be easy enough to add bike insurance. But if they suck I would like to know.

Other questions if you can help:
How much are your premiums, co pays, and what is covered? Ever filed a claim, how did it go?

Any help is appreciated, thanks.

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greybeard1363@reddit

I insured my ebikes with Progressive. Total for both bikes is $95/year. It's a standard motorcycle insurance policy with accident, theft, and uninsured motorist coverage. The bikes are high end units, so I don't know if that mattered to the premium, also, they are in Illinois. Good luck.

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YendorZenitram@reddit

God I hope this never becomes mandatory.

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Familiar9709@reddit

I wouldn't get insurance, it's going to cost you a lot in the long run. Just don't lock the bike in the street ever, except for a very short time, e.g. pop into a shop and then with a very high quality lock and take the battery with you. Then always locked at home or in a locked compounds with gates and high quality lock.

My 2c.

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celeste_ferret@reddit

My first thought is to just go through progressive, since I have car insurance it should be easy enough to add bike insurance.

I'd be cautious here. A small claim for your bike could end up costing you a lot more in higher insurance premiums, or cancellation, in the future.

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