If your main passion is mountain biking we can understand why. It’s a great individual sport that requires endurance, core strength and balance, bike handling skills and self-reliance. It’s also a sport which presents a number of risks to both rider and equipment, which is where cycle insurance can help.
Many cyclists are happy to have their home insurance cover their bikes as it’s usually inexpensive. However, don’t assume you bike is covered as home insurers will sometimes have limitations and exclusions on how your cycle can be used. Home insurance simply wasn’t designed to insure the modern cyclist.
Once outside the home, almost no home insurance covers accidental damage, personal accident, public liability or any of the other benefits usually associated with specific cycling insurance. Home insurers often impose large excess amounts commonly in the region of $ 1000 and in addition to this, your home insurance ‘no claims’ may be affected. We recommend you carefully assess the level of cycle cover you have on your home insurance and what your exposure is in the event of claim.
If your bike is stolen or accidentally damaged, we’ll sort it out. Your bicycle may be stolen from your home or from outside your regular coffee stop, if the worst happens we’ll replace your bike with a brand new one if it’s under two years old. Any bike older than two years will be replaced with a like for like model. Either way, you’re covered. We even insure your bike when locked in your car or when secured to your bike rack.
You may be concerned about accidental damage if you’ve ever hit a pothole at speed, slipped on oil or cornered a little bit too fast. We’ll cover you for repairs or a complete replacement and even replace any accessories listed on your policy that were damaged at the same time.
At Wiggle we know how valuable a cyclist’s kit can be so we offer an optional cover on our Comprehensive product to protect your GPS, clothing, footwear, wetsuit and all other accessories in the event they’re stolen or damaged. We are the only cycle insurance provider that allows you to insure accessories and kit without a maximum value. Just list it on your policy and you’re protected.
If you are injured as a result of a crash whilst riding your bicycle, we will reimburse your reasonable costs, up to a maximum of $10,000 in the aggregate over the period of insurance, for non-Medicare medical expenses incurred within 12 months of the injury. Examples of non-Medicare medical expenses include ambulance, physiotherapy and dentistry.
With so many sportives, charity challenges, time trials and mass participation events on offer, it’s essential to get insurance for you and your bike, before, during and after the finish line.
So if you regularly front the peloton or take part in a once a year charity challenge, Wiggle Comprehensive offers cover for you, your bicycle and your specified kit in the AU, with the option to extend your cover to global travel. Don’t risk riding without cycle insurance.