A Guide to Cycling Liability Insurance

Cycling Liability Insurance

Cycling is becoming increasingly popular, whether it’s for exercise or transportation. However, it can be dangerous to be out on the road. While wearing a helmet and following traffic laws helps reduce the chances of an accident, it's still possible to be held responsible for damages or injuries.

That's why cyclists need to consider obtaining cycling liability insurance. No matter how careful you are, accidents can still happen, and if you're found to be at fault, you could be on the hook for damages or injuries. Cyclists must consider obtaining cycle liability insurance to protect themselves from these potential financial consequences.

cycle liability insurance policy can cover damages or injuries you may cause to others while riding your bike. This coverage can include protection against bodily injury, property damage, and personal injury. Without cycle liability insurance, you could face costly lawsuits or settlements, seriously damaging your finances.

Don't take any unnecessary risks - ensure you have the right cycle liability insurance coverage to protect yourself on the road.

What is Cycling Liability Insurance?

Cycling liability insurance is an essential form of insurance for anyone who enjoys riding their bike. Whether you're a recreational cyclist or rely on your bike as your primary mode of transportation, it's important to have protection in case of an accident. Cycling liability insurance is designed specifically for cyclists, offering coverage for damages or injuries that may be caused while riding.

If you're found to be at fault for an accident, the financial consequences can be significant, especially if the other party decides to pursue legal action. Without cycling liability insurance, you could face costly lawsuits or settlements, seriously damaging your finances. That's why having the right coverage is important to protect yourself.

What Does Cycling Liability Insurance Cover?

Cycling liability insurance covers damages or injuries that a cyclist may cause to another person or property while riding their bike. It protects cyclists from the financial consequences of any lawsuits or settlements resulting from an accident. Cycling liability insurance covers three main areas: bodily injury liability, property damage liability, and personal injury protection.

• Bodily Injury Liability: Bodily Injury Liability is critical to cycling liability insurance. This coverage protects medical expenses, lost wages, and other costs related to injuries sustained by someone else in an accident caused by the cyclist for which negligence is proved against you. Whether the accident is minor or severe, medical bills and other expenses can add up quickly, making this coverage essential for anyone who rides a bike.
• Property Damage Liability: Property Damage Liability covers damages to another person's property, such as a car, caused by a cyclist in an accident. Whether riding your bike on the street or a trail, there's always the risk of accidentally damaging someone else's property. With liability coverage, you can rest assured that you'll be protected in the event of an accident where negligence is proved against you. Cycle Liability insurance will also cover the cost of defending claims made against you. It’s important to advise your insurers as soon as possible of any event which may give rise to a potential claim.

It's important to note that cycling liability insurance does not cover the cost of repairing or replacing the cyclist's bike in the event of an accident. If you need coverage for your bike, consider purchasing a separate bike insurance policy.

Why Do Cyclists Need Liability Insurance?

Although public liability insurance for a bicycle is not legally required, having it is a good idea. Cycling liability insurance provides peace of mind for cyclists and helps protect them from the financial consequences of an accident with a third party. It covers damages or injuries a cyclist may cause to another person or property while riding their bike. It helps protect them from the financial consequences of any lawsuits or settlements resulting from an accident. With the right coverage, cyclists can ride confidently and be prepared for the unexpected.

Obtaining cycling liability insurance also shows that cyclists take their responsibilities seriously. By investing in this type of insurance, cyclists demonstrate their commitment to safety and understand the importance of being prepared for the unexpected. Whether you're a recreational cyclist or rely on your bike as your primary mode of transportation, cycling liability insurance is a must-have when riding a bike.

How to Get Cycling Liability Insurance

With Assetsure, Public liability insurance comes as an optional extra. By choosing this cover , helps protect against claims from a third party, including a pedestrian, another cyclist or a motorist. Choose from either £1 million or £2 million cover.

To get a quote with Assetsure, try using our cycling insurance instant quote feature to find out how much you would pay for your bike insurance with added cycling liability insurance.

In conclusion, cycling liability insuranceis a good choice for anyone who rides a bike, whether for recreation or transportation. It provides peace of mind and helps protect cyclists from the financial consequences of an accident. Covering damages or injuries, they may cause to another person or property while riding their bike.

With the right coverage, cyclists can ride confidently and be prepared for the unexpected. Obtaining cycling liability insurance also shows that cyclists take their responsibilities seriously and understand the importance of being prepared for the unexpected. Get a quote with Assetsure today to ensure you have the right coverage to protect yourself on the road.