You may have some cover under your homeowners or renters policy but there will be limitations and restrictions to the value and what exactly is covered on your bike. With Chain Reaction Cycles Insurance you can be rest assured that your policy was built specifically for cyclists. On top of that most homeowners or renters policies will your premium if you file a claim.
The cost of a policy depends on a number of factors including the value of your bike and the options you select. Many of our customers agree that purchasing a Chain Reaction Cycles Insurance policy is a small price to pay relative to the cost of replacing your bike. The easiest way to take out a policy is to get a quote on our website or call one of our team on (+1) 877.784.7353.
Your deductible is the amount of money you are responsible for paying in the event of a covered loss (a claim) to the insured bicycle. For example, if your $5,000 bike is stolen with a $250 deductible on Bicycle Physical Damage, Chain Reaction Cycles Insurance would pay up to $4,750 for the claim and your responsibility would be $250. Chain Reaction Cycles Insurance offers deductible options ranging from $100 up to $500.
Yes. Markel is an “A” rated insurer by A. M Best Services, Inc.
Markel Bicycle Insurance is dedicated to providing competitive rates and superior service, and committed to standing behind you in the unfortunate event of an accident or theft.
Markel bicycle insurance policies are provided by Markel American Insurance Company is a subsidiary of Markel Corporation of Richmond, VA.