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Bicycle Insurance: Is It a Thing and Do You Need It?

Bicycle Insurance: Is It a Thing and Do You Need It?

Most people have auto insurance if they own a car and renters or homeowners insurance to protect their personal belongings. One of these is bicycle insurance, which pays for bicycle repairs or replacements, among other things. Theft coverage: If a bike is stolen, whether at home or away from the home, the bike insurance policy will pay to replace the bike with a similar model.