Modern insurance companies now offer comprehensive benefits for your own bike, because bike and e-bike insurance is becoming increasingly important for cyclists. What has long been standard and even mandatory for cars (liability and comprehensive insurance) is also increasingly being offered for cyclists.
E-bikes are in vogue: with electronic support, tours can be completed faster and more comfortably. If e-bikes initially had the cliché of being a boring way for seniors to get around, that’s definitely over now! Electric bikes are becoming more and more modern and sporty and can be used for all kinds of needs in everyday life and vacations.
E-bikes are an expensive investment that you should definitely protect adequately. Electric bikes are a popular target for bike theft, which is why a secure bike lock is essential. In addition, you should think about an e-bike insurance to avoid suffering a high financial loss in case of theft.
Reasons that speak for an e-bike insurance:
- The bike was very expensive.
- In everyday life you are dependent on the bicycle.
- You live in a theft stronghold (e.g. Bremen or Berlin).
The difference between E-Bike und Pedelec
Misunderstandings can easily arise among the terms e-bike and pedelec. In practice, there is often no clear distinction when using these terms. In particular, “pedelec” is not defined in the law. There are also no clear descriptions of the term “e-bike” in registration law, for example.
Mostly, the terms “pedelec” and “e-bike” are used synonymously for electronic bicycles with assisted drive. But it is important that you know exactly which category your bike belongs to. The reason for this is that different rules apply in each case! The type of drive determines which legal regulations apply and whether e-bike insurance is suitable for you.
- Pedelecs up to 25 km/h are usually treated like bicycles
- For some e-bikes at least a moped test certificate is required
- A helmet should always be worn
Pedelecs and e-bikes, which require motor vehicle liability insurance, fall outside the scope of bicycle insurance. In this case, an additional partial coverage insurance can be useful – it protects against theft, among other things.
Pedelecs/E-Bikes up to 25 km/h – assisting drive
A pedelec is a supportive electric bicycle. It is powered by a combination of muscle power and a supporting motor. That is, when you pedal , you are supported by the built-in motor.
The motor may be equipped with a maximum rated continuous power of 250 watts. As the speed increases, the assistance is reduced. From a speed of 25 km/h or, if the rider stops pedaling before then, the assistance from the auxiliary motor is also interrupted. Starting or pushing assistance up to 6 km/h is permitted.
As with cycling, no driver’s license is required and there is no minimum age. You do not need an insurance license plate. Although helmets are not mandatory, wearing one is strongly recommended. In addition, you are allowed to use all bike lanes, just like with a normal bike.
Pedelecs up to 45 km/h
Fast pedelecs up to 45 km/h fall into the category of motor vehicles, which require their own insurance license plate.
Only if you are at least 16 years old and have a class AM driver’s license, you are allowed to ride these two-wheelers. Please be sure to note that you may only use the roadway, bike paths are off limits! When using them, a suitable helmet must be worn, just like when riding a motorcycle.
E-bikes – fully motorized drive
These bikes are considered mopeds, where a suitable helmet is mandatory for motorcycles. In addition, an insurance license plate is required. Bike paths are taboo here as well. You may only ride on the roadway.
Bicycle and e-bike insurance at a glance
Basically, there is the possibility to cover your e-bike within the household insurance or via an exclusive bicycle insurance or e-bike insurance. Since most cyclists usually have their bike covered by their household insurance anyway, the question arises whether additional insurance is necessary at all.
Both have their advantages and disadvantages, which you should consider before making a decision. The following is a brief summary of the various considerations.
Bicycle insurance and e-bike insurance
Bicycle insurance basically covers the replacement value of an e-bike. The policy usually includes damage due to theft, damage, falling / crashing, material and construction defects as well as wear and tear. Explicit e-bike insurance policies also offer protection against damage to electronics and moisture. As part of an all-round carefree package, you can also be “towed” (pick-up service).
Home contents insurance
If you extend your household insurance, the new value of the bicycle is included in the total value of the household contents. As a rule, however, the theft protection then refers to e.g. e-bikes locked in the bicycle cellar and not if it was properly connected e.g. at the station. Electronics etc. are also usually excluded from the scope of insurance. Furthermore, the value of the reimbursement does not reach the actual purchase price of the e-bike.
In detail: Bicycle insurance
Insurance for the bicycle or e-bike is worthwhile especially if the value is over 500 euros. The scope of benefits varies depending on the insurance and what you are willing to spend extra annually. Customization of insurance coverageis a big plus for e-bike insurance. Theft protection is included in all insurance policies, and in addition, vandalism damage can also be claimed.
E-bikes are very expensive to purchase, so bike insurance policies offer a so-called value guarantee: the entire replacement value of the e-bike is reimbursed. But beware, the e-bike must not be older than one year when the contract is concluded. When it comes to repairs, some insurers work with authorized repair shops. If it is important to you, then ask in any case whether there is a free choice or whether there is an authorized dealer. The night clause (no liability for theft is assumed between 10 p.m. and 6 a.m.) does not exist in bicycle insurance, so you benefit from round-the-clock protection.
In detail: Home contents insurance as e-bike insurance
Home insurance is an all-rounder insurance for many. Bicycles can be conveniently included in the portfolio. However, as an e-bike owner, you should look very closely to see if your current homeowner’s insurance provides enough protection and damage coverage for you.
The cost is usually less than an additional e-bike insurance policy, and the expense should be less as well, since no additional policy is needed. In addition, all bicycles in the household are covered with just one insurance policy – something that bike insurance does not currently offer.
Basically, however, the decision stands and falls with the value of an e-bike. After all, an expensive e-bike should also replace its entire value if insurance has been taken out: In the vast majority of cases, household insurance does not do this. An example calculation: Your household contents are insured for 30,000 euros and the e-bike for 2 percent of the sum insured. Your e-bike would then be insured for only 600 euros. However, the acquisition costs were probably significantly higher at > 2,000 Euro.
- Vandalism damages are not covered
- Scope of benefits severely limited
- Nighttime clause: limited protection between 10 p.m. and 6 a.m.
- Theft protection applies only to locked rooms
What costs can I expect?
With an e-bike insurance policy, you pay between 180 and 300 euros per year, depending on the scope.
If you extend your household insurance, you will have to pay around 50 euros a year. However, the costs vary greatly from region to region: If you live in an area with a high theft rate, then the insurance costs also increase up to 350 euros per year.
The amount of the insurance premium always depends on the replacement value of the e-bike and also on the desired scope. Use a comparison calculator, which asks for your individual needs and thus creates a real comparison of the offered e-bike insurances.
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