Insurances
January 5, 2025 | by MHG Team
Your e-bike is important to you, whether you rely on it for your daily commute or simply enjoy recreational rides on the weekends. That’s why MHG offers affordable and customizable electric bike insurance for class one, class two, and class three e-bikes. Read the associated disclosure for this claim.
Here are some common electric bikes we insure: Trek Domane+, Trek Fuel Exe, Aventon Sinch, Electra Townie Go!
Because an e-bike is regulated as a regular bicycle by most states, insurance for electric bicycles isn’t mandated by law. However, carrying an insurance policy specific to your e-bike can be critical if you cause an accident while riding and are financially responsible for injuries and damages. Additionally, like a car or motorcycle, your electric bike is an investment, and e-bike insurance may safeguard your bike against theft, vandalism, and damage while in storage.
Liability coverage for e-bikes starts as low as $75/year.*Read the associated disclosure for this claim. Several factors can contribute to the exact price of your policy, such as your location, coverage selections, and type of e-bike. MHG offers numerous discounts that are automatically applied to your policy if you qualify.
In addition to base coverages, MHG can provide these specialty coverages:
Bodily injury & property damage liability (BI/PD)
Liability coverage is included on every e-bike policy and may protect you up to your coverage limits if you’re liable for someone else’s injuries or damages while riding.
Comprehensive & collision
Comprehensive coverage pays to repair or replace your e-bike if it’s vandalized or stolen. Comprehensive also covers you against other events beyond your control, including fire, weather-related incidents, and collisions with animals. Collision coverage pays to repair or replace your bike if it’s damaged in an accident, regardless of fault. A deductible applies for both coverages.
Accessories and custom parts equipment
Add comprehensive coverage to your MHG e-bike policy, and we’ll automatically give you $3,000 in coverage for accessories , customizations, and equipment. When you file a claim, no depreciation is factored into the accessory’s value. You may purchase up to $30,000 in additional coverage for your accessories and equipment if needed.
Carried contents
Carried contents coverage can pay for the personal belongings you carry while riding your e-bike if the items are damaged in a covered loss.
Roadside assistance
Suppose you’re out riding, and your e-bike becomes disabled. Roadside assistance coverage will transport your e-bike to the nearest repair shop at no cost, anywhere in the United States or Canada.
