Bicycle Liability Insurance: A Complete Guide

Cycling has become a popular mode of transportation, exercise, and recreation in recent years. With more and more people taking up cycling, the risks associated with it have also increased. Bicycle liability insurance is a way to protect yourself from the financial consequences of an accident while cycling.

What is cyclist liability insurance?

Cyclist liability insurance is an insurance policy that covers cyclists in the event of an accident where they are deemed to be at fault. This insurance covers damages or injuries caused to others in the event of an accident while cycling. This can include an incident involving a pedestrian, animal, car, as well as another rider.

Do I need bicycle liability insurance?

While some cycling accidents may only result in minor injuries or damages, others can result in serious injuries or damage. In such cases, the costs associated with medical bills, lost wages, and other expenses can be substantial. Bike liability insurance can help to cover these costs, protecting you financially.

What happens in the event of an accident?

In the event of an accident resulting in injuries or property damage, insurance companies will typically investigate to determine who is at fault and which party's insurance company should take responsibility for the loss. However, even if you are not at fault, you could still be sued.

If a case is filed against you, you will need legal representation. When you purchase liability coverage, you are also securing legal representation to defend your actions. Without liability coverage, you would have to bear that cost yourself, which could be quite substantial.

Is bicycle liability a legal requirement?

While not typically required by law in the USA, cyclist liability is a wise investment for anyone who cycles regularly, particularly those who use their bikes for commercial purposes or participate in organized cycling events.

How much does cyclist liability insurance cost?

Cyclist liability insurance can vary in cost depending on a number of factors, such as the level of coverage, the location where you cycle, and your previous cycling history. However, it is typically less expensive than other types of insurance, such as car insurance.

When purchasing cyclist liability insurance, it is important to carefully review the policy to ensure that it provides adequate coverage for your needs. Some policies may have limitations or exclusions that could limit your coverage in the event of an accident.

Does bike liability cover injuries to myself?

It is important to note that bike liability insurance does not cover damages or injuries that you suffer as a result of an accident. This would be covered under Cyclist Medical Payments Coverage.

Final thoughts

Cyclist liability insurance is a form of insurance that can help to protect cyclists from the financial consequences of an accident where they are deemed to be at fault. It allows you to ride your bike with greater peace of mind knowing that you are protected in the event of an accident.

Oyster offers liability protection of $25,000, which can be purchased as part of broader cyclist policy or as standalone coverage. Defense costs are paid outside of the liability limit, which means that your limit remains intact until the outcome of your case is determined. Get a quote today to protect yourself from the financial consequences of an accident while cycling.

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