You may be aware the sale of battery powered bicycles, more commonly know as “e-bikes” are skyrocketing. Every insurance company treats them differently. Some exclude them and others may consider them. Much depends on the type of e-bike, the horsepower, the maximum speed, and the value.
If you own an e-bike or are considering buying one, please let us know and we can determine if it is covered by your current Homeowner’s policy. Be aware we are finding most insurers reluctant to cover them so it is important you let us know exactly the type of e-bike you have so we can determine if it will be covered by your current insurer.
For more information or to place coverage, contact your Personal Insurance Account Executive.