Best e-bike insurance and everything you need to know 2022

We answer all your questions on insuring an electric bike and help you find the best protection.

Ribble electric bike is ridden by a rider wearing all black clothing with a blurred background.
(Image credit: Ribble)

In terms of bike revolutions, the invention of pedal-assisted power is probably one of the biggest in recent years. If you are thinking of investing, or perhaps already have, in one of the best electric bikes you'll know that they bring immense joy, but that does come at a premium price, meaning that you will want to ensure that it's protected should it be damaged or stolen, with the best e-bike insurance.    

We look at the different types of cover available, where to go to find the best deals and answer all the questions you might have around insurance, the law and your electric two wheels. 

Best e-bike insurance

In this guide we aim to provide you with lots of advice on how to narrow down your options and find the best e-bike insurance for you. 

Once you know what you're looking for, it's time to make some price and cover comparison searches. 

To make life easier, we’ve partnered with Protect Your Family insurance comparison website, so you can see what policies are out there that match your own unique needs. 

Like the best bicycle insurance, in the main you have two insurance options. Either a e-bike specific policy, or tacking it on to your home insurance. There are pros and cons to both options:

An e-bike cycling tour in Kent (Photo by Andrew Aitchison / Getty Images)
(Image credit: In Pictures via Getty Images)

E-bike specific policies 

The best specific e-bike insurance policy will cover you for theft, accidental damage, third party and personal liability. 

Many bike specific option will offer like for like replacements, or cover the cost of repairing your e-bike if it's damaged in someway. 

Some will even provide breakdown cover and protect your cycling accessories, such GPS units, your helmet and kit should it be lost, stolen or damaged in an accident. 

If you travel abroad with your bike, then overseas cover will be a priority for you. I've personally found that tacking this on to an existing insurance policy is a more affordable option, rather than paying out blanket cover year round, when in reality I only need it for a week or two.  

The best thing about standalone e-bike insurance policies are that the claim can be tailor made for you and your bike. This means you have exactly the cover you need based on the type of riding you'll be doing on a specific bike. Some home and contents insurance companies will limit the amount they will insure a bike for, or a max pay out if you are wanting cover for more than one bike. This means you could be heavily out of pocket should you unfortunately need to make a claim.

The other really important cover that an e-bike specific insurance would provide is liability insurance, both personal and third party. This is more like a car insurance, where by if you were to injury yourself or someone else, or their property - you would be protected from expensive pay-outs. 

You will need to check the small print of any protection plan, but the best e-bike insurance plans will make what is and isn't included very obvious.

Price comparison website's are great for checking what is and isn't included for your monthly or annual premium, including the all important excess fee should you need to make a claim.

Home insurance policies 

Adding your e-bike to your home insurance policy is a great idea for people who like to use one provider for all their cover. 

Most policies will offer basic cover for bikes, but will need notifying that you own an e-bike, and it's likely that the standard cover will barely scratch the surface in terms of paying for a replacement or repairing an e-bike. 

The excess is likely to be higher than other household items too, and its important to weigh up the risk of needing to claim, as this will wipe out any no claims discounts. 

As with even the best e-bike insurance policies, your home insurance will want to ensure that you have made adequate and likely additional measures to secure your bike at home. 

It's also vital to check what is and isn't covered for your e-bike, and make sure you can meet the requirements both home and away, that's assuming of course that it covers you away from home. 

If you can tick the boxes for matching your needs at a price you can afford, the final thing to check for is that all important liability protection. 

If it doesn't come as standard, or it isn't an option, then you can look at getting this separately.  

Some cycling club memberships, as well as British Cycling and Cycling UK membership in the UK will cover e-bikes, or USA Cycling membership in the States, will automatically provide liability insurance for riders, but it's not as yet clear if this includes e-bikes. 

If you're not a member of any club, you need to ensure you have adequate protection.

What is an electric bike?

A student rides his e-bike in the Netherlands - a country that has fully embraced the new technology (Picture: Getty Images/Westend61)

Is e-bike insurance a legal requirement?

Before we dive off in to where to get the best e-bike insurance, this will probably be the biggest question on your mind. 

You can find all you need to know about electric bikes in our specific page on how to buy an e-bike, which explains terminology, and what to look out for when making a purchase. 

For ease of reference, electric bikes are defined in the UK as 'electrically assisted pedal cycles' or EAPCs for short. 

It must have pedals to pedals to propel it, have a maximum power output of 250watts, which should not be able to propel the bike when it's travelling more than 15.5mph. 

In the US, federal law defines an electric bike as a "low-speed electric bicycle' means a two- or three-wheeled vehicle with fully operable pedals and an electric motor of less than 750 watts (1 horse power), whose maximum speed on a paved level surface, when powered solely by such a motor while ridden by an operator who weighs 170 pounds, is less than 20 mph. 

Do you need insurance for and electric bike? 

For the UK, assuming that your electric bike matches the definition above, you don't have to  

European countries like Germany and the Netherlands have the strongest appetite for e-bikes, as almost a million were sold in Germany in the first half of 2019, while in the Netherlands more than half of all adult bikes sold were battery powered. 

How much does e-bike insurance cost?

The biggest question for anyone considering taking out e-bike insurance is the cost. 

While like any insurance policy, the money involved will vary greatly depending on the cost of the bike, the cover provided and the insurer themselves.  

But as a guide, insurance for a £2,000 bike can start from as little as £9 a month, including cover for theft, vandalism and accidental damage. 

Do you legally need to insure your e-bike?

On the question of whether your e-bike legally needs insurance, first we have to differentiate between the two types of electric bike available - the pedelec and the s-pedelec.

The first of these, the pedalec, is an electrically assisted pedal cycle, the kind that most bike shops will sell. 

David George, CEO of specialist cycling insurer Bikmo, said: “However, given the average value of an e-bike is significantly higher than that of a regular bike and there is more complexity in the motor, gearbox, battery and electrics, we do recommend insuring e-bikes to protect against financial loss, should the bike be damaged or stolen. After all, you want to keep riding, and we want you too.” 

Why should people consider insuring their e-bike?

(Image credit: Cycling Weekly)

There are a number of ways you can cover your e-bike, in the same ways you can cover your regular bicycle.

While you can opt to add your bike to your home insurance cover, this often comes with increased costs if your bike is worth more than £500 and you may have to fork out a hefty excess if something does happen to your bike. 

According to Bikmo, you’re far more likely to claim for your bikes than your home, so you may need to consider the costs if something does happen to your bike. 

Bikmo’s research has also said that their claims data and e-bike research has found you’re up to three times more likely to claim for accidental damage than theft, so bike insurance won’t only cover you in case of a crime, but also just in case anything goes wrong. 

George said: “The primary function of any insurance is to protect against the risk of financial loss and, in the case of cycle insurance, the main risk is directly linked to the value of the bike. The average price of an e-bike in the UK is in excess of £1,800, compared to approx £400 for a non-electric bike and the first question to ask yourself is 'if this got stolen or damaged tomorrow, can I afford to replace it?'” 

But there are also a few other things to consider with your e-bike insurance - some policies will also cover the cost of your clothing, GPS, lights, and any other cycling items that you may not want to lose, damage, or have stolen. 

There is also third-party liability and legal expenses cover too, which should form part of your policy, and will cover you if you cause damage any while riding your e-bike, like crashing into the back of a car or injuring someone in a crash.  

Legal expenses will then protect you if someone crashes into you and means you’ll be covered if you suffered any losses due to injury. 

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Alex is the digital news editor for CyclingWeekly.com. After gaining experience in local newsrooms, national newspapers and in digital journalism, Alex found his calling in cycling, first as a reporter and now as news editor responsible for Cycling Weekly's online news output.

Since pro cycling first captured his heart during the 2010 Tour de France (specifically the Contador-Schleck battle) and joining CW in 2018, Alex has covered three Tours de France, multiple editions of the Tour of Britain, and the World Championships, while both writing and video presenting for Cycling Weekly. He also specialises in fitness writing, often throwing himself into the deep end to help readers improve their own power numbers. 

Away from journalism, Alex is a national level time triallist, avid gamer, and can usually be found buried in an eclectic selection of books.