Why do bike businesses need insurance?

Bike and ebike businesses have been booming in recent years, with many new shops and brands getting started in the last decade. As a new category with relatively fewer years of experience, there are many risks that bike shops need to protect themselves from, including theft and damage of some very expensive equipment and the possibility of injury and liability.

What coverage do bike businesses need?

General Liability

General Liability (GL) protects your business from legal claims and liability that arise from your operations. Bike shops in particular carry many inherent liability risks, so GL is always recommended.

Business Owner’s

Business Owner’s (BOP) combines your liability and property coverages to protect you from liability lawsuits, theft, and lost business income.

Product Liability

Product liability protects bike manufacturers in the event of damages or malfunction resulting from improper design or manufacturing of a product that was sold to a customer. 

Workers’ Compensation

Workers’ compensation ensures that bike shop employees are covered from on-site injury and illness, including lost wages and medical expenses.


Rental insurance protects your business and your assets from liability, theft, and damage as you rent your property out to renters.

What types of ebike businesses can Oyster cover?

Oyster can cover most ebike businesses that sell and rent both regular bikes and class 1, 2, or 3 ebikes. Oyster can also cover businesses in ebike-adjacent verticals, such as powersports, winter sports, and more.

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