Find affordable bicycle insurance coverage
Comparing the price of bicycle insurance is simple, free, and could save you hundreds. Just enter your details and say a bit about your current plan and the Bicycle Comparison Service provided by Seopa, will show you a list of deals from dozens of insurance providers to help find the right insurance policy for you.
Bicycle Insurance Benefits
Cycling is an increasingly popular mode of transport in the UK, with 42% of people now owning or having immediate access to a bicycle.
Bicycle Insurance
There are several reasons for the UK’s fast-growing ‘cycling revolution’, as it has often been dubbed. Push bikes are environmentally friendly, they’re highly convenient and hardwearing, and cycling is also a great form of exercise.
The Department for Transport has also committed itself to promoting cycling as a mode of transport via its Cycling and Walking Investment Strategy, which is encouraging a growing number of travellers to add cycling ‘stages’ to their journeys (cycling to the train station before boarding the train to work, for instance).
Beyond all that, though, it probably goes without saying that one of the appeals of cycling is that a bicycle is very cheap to run.
The bikes themselves, on the other hand, are sometimes prohibitively expensive, with many costing £1,000 or more while the most high-end bikes can cost upwards of £10,000 (a Specialized S-Works, for instance, which sells for just under £11,000).
Given their portability, their growing ubiquity in the UK and their potential value on the black market, it should come as no surprise that bicycles are often targeted by thieves. In fact, more than 300,000 bicycles are stolen in the UK each year, according to data from an annual crime survey carried out by the Office for National Statistics.
That’s just one of the many reasons it might be a good idea to take out a relatively cheap bicycle insurance policy if your bike is even remotely valuable.

How to get cheap bicycle insurance?
One of the easiest ways to find cheap bicycle insurance is to compare quotes. The Bicycle Insurance Service will show you great deals from a variety of the UK’s most trusted insurance providers. You can compare policies based on price, cover level, or annual or monthly payment.
- Investing in a high quality bicycle lock, and ensuring that the one you buy is insurer-approved: Most bicycle locks are rated for security on a gold, silver and bronze scale, and some insurers may refuse to pay out if your bicycle is worth more than £2,000 and it wasn’t secured with a gold-rated locking device at the time it was stolen.
- Registering your bike on bikeregister.com, the UK’s national cycle register database: It’s free to register your bicycle on bikeregister.com, and every police force in the UK uses the database to search for stolen bikes. Investing in one of BikeRegister’s security marking kits can also help to lower your insurance premiums.
- Adding your bicycle to your home insurance policy: If your bike isn’t a high-end model you could be able to add it to your standard home insurance policy, which would mean your bicycle is covered without the need for a separate insurance policy. However, it’s important to double check the small print if you choose to cover your bike under your home insurance, as some policies may only insure your bicycle while it’s stored at your own home.
- Only riding your bicycle yourself: Many bicycle insurance policies will only pay out if the bike is stolen or damaged while it’s being used by the policyholder, so if you lend it to a friend or a family member and something happens to it while they’re using it you might not be covered.
- Agreeing to a higher voluntary excess: Many bicycle insurance policies impose a mandatory excess, but you can sometimes find cheaper quotes if you agree to add a higher voluntary excess on top. Of course, you that does mean you’ll have to cover a higher proportion of the costs yourself if you ever have to make a claim.
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The information provided on this page is for editorial purposes only and not intended as financial advice.
Invictus at Home Limited is an Introducer Appointed Representative of Seopa Ltd who are authorized and regulated by the Financial Conduct Authority under firm reference number 313860.