E-bike sales are on the rise, outpacing many other recreational items as more people turn to electric bicycles for commuting and recreation. But with new technology comes new risks—and different insurance needs.
How E-Bikes Are Different
E-bikes include electric motors and batteries, making them more complex and valuable than traditional bicycles. As a result, they often require specialized insurance coverage that goes beyond what a standard bike policy or homeowners insurance can provide.
There are three classes of e-bikes, and insurance needs can vary depending on the class:
- Class 1: Pedal-assist only, up to 20 mph
- Class 2: Throttle-assisted, up to 20 mph
- Class 3: Pedal-assist up to 28 mph
Different states have different laws and regulations for each class, which can also affect coverage requirements. Check out this article from People for Bikes for a more in-depth review of regulations by state.
Why E-Bike Coverage is Important
E-bike insurance is more like motorcycle or auto insurance. It can cover:
- Theft and vandalism
- Accidents or damage
- Mechanical or battery issues
- Liability if you injure someone or damage property
Homeowners or renters insurance may offer limited protection, but it often excludes incidents outside the home or damage to the motor and battery.
If you own an e-bike or are thinking about buying one, Alloy Insurance can help you find the right protection for peace of mind!