When it comes to automobile insurance, most people would think of things like collision and Comprehensive coverage. However, many renters don’t think about bicycle damage when they are looking to buy car insurance. In this article, we will explore the differences between bicycle damage and automobile damage, and whether or not bicycle damage would go under renters or automobile insurance.
What is bicycle damage?
Bicycle damage is defined as any physical damage to a bicycle that was not caused by the cyclist, such as when a bike is hit by a car. In most cases, bicycle damage is covered under renters or automobile insurance policies. However, there are some exceptions, so it’s important to know about your coverage.
Types of bicycle damage
Bicycle damage can go under renters or automobile insurance depending on the circumstances. If the bicycle is used for transportation and is not stored in a garage, then it is considered a vehicle and should be covered under automobile insurance. If the bicycle is stored in a garage, then it is considered an asset and does not fall under automobile insurance.
How renters insurance protects bicyclists
Bicyclists are often viewed as pedestrians, so most renters insurance policies do not specifically cover bicycles. However, most policies do include coverage for personal property damage, which includes bicycles. Automobile insurance policies typically include coverage for bicyclists, but the policy might specify that the bicycle is not a covered item.
If you are a bicyclist and your bicycle is damaged while you are riding it, it is important to contact your insurance company as soon as possible to find out what coverage is available to you. Bicycle damage can often be covered under personal property damage coverage if the bicycle is included in the policy. However, some policies might only cover physical damage to the bike, and not any damage to your property or belongings. Contact your insurance company to find out what specific coverage is available to you.
Automobile insurance covers bicyclists
Some bicycle-owners choose to insure their bikes against damage, but not all insurers offer bicycle coverage. Renters insurance typically covers bicycles as standard equipment, but automobile insurance may not.
Bicycles have been around for centuries and are used globally. In the United States, over 12 million people ride bicycles every day. According to the League of American Bicyclists, bicycling is “the most popular form of recreation in America” and “provides significant health and environmental benefits.” However, bicycles can also be dangerous if not ridden correctly.
Bicycle damage can happen to any type of bike, from a expensive racing bike to a simple commuter bike. When bicyclists are hit by cars, the results can be catastrophic. In 2012, cyclist Christopher Mullen was killed when he was struck by a car in San Francisco. Mullen was riding his bike on the sidewalk when he was hit by the car; his death resulted in $2 million in damages for the driver and the city of San Francisco.
Automobile insurers typically do not cover bicycle damage unless it is caused by an act of God (such as a tornado). If you are involved in a collision with a motor vehicle and your
Implications for renters and automobile insurance
There are a few implications to consider when it comes to bicycle damage. Renters should be aware that bicycles are not typically covered under automobile insurance, so they will likely have to pay out of pocket if they’re damaged while riding. In most cases, this means that renters would have to have additional coverage in order to protect themselves from any potential damage. Automobile insurance typically covers cars and motorcycles, but not bicycles. So, if you’re a cyclist who rents an apartment and your bike gets damaged, you may need to seek out additional coverage or face hefty repair costs.
In most cases, bicycle damage wouldn’t go under renters or automobile insurance. Bicycle damage is typically considered an accident that occurs while using the bicycle for transportation, and as such would be covered under your homeowners or vehicle insurance policies. However, depending on the situation, it might be worth contacting your respective insurance provider to discuss your specific coverage.