Is bike insurance worth it in Germany?

With more than 300,000 bikes stolen in Germany per year, bike insurance could be a good addition when purchasing a new bike. But, is it really worth it?

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There are multiple reasons why it would be a good idea to invest in bicycle insurance, regardless of whether you have a push bike or an electric bike. Bike insurance at Qover-me will cover you and your bicycle against damage and theft protection. Qover-me will also provide you with 24/7 assistance if something goes wrong while you are on the road, for electric bikes specifically this could be assistance for when your battery runs out. Assistance can also be provided on the spot when and if you have a puncture, accident, your bike has been stolen and other issues.

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The first reason why bike insurance is highly recommended is that it covers you against theft. As cycling is becoming more popular for health-, environmental and other reasons, so is the occurrence of bike theft. In Germany, 822 bikes are stolen per day on average. This means it is likely that you will have your bike stolen at some point. Especially when living in the center of a big city and owning a top of the range electric bike, you are prone to having your bike stolen. If you are in the city and your bike gets stolen, Qover-me will assist you with fast and easy process claiming. However, you will still need to get home. As many people are not a big fan of public transport, and therefore cycle, Qover-me understands your frustration and will consequently also assist you with getting home by paying for your taxi up to 500 euros.

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Another reason why bike insurance is highly recommended with Qover-me is because you will receive 24/7 assistance. When first purchasing a new electric bike, it can be difficult to figure out how to fix certain issues yourself. Common issues that can arise when having an electric bike are issues with the battery voltage, the throttle is not functioning, issues between the connection of wires from the throttle to the electric motor and many other complicated problems. Simple issues such as a puncture/deflated tire may also happen, regardless of whether you have a push- or an electric bike, and Qover-me will assist you with any of the problems mentioned above.

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To answer the question, is bike insurance worth it? The short answer is: yes!

‍But, again, let's find out why it is such a wise investment to make? Whether you live in the city or in the suburbs doesn’t really matter, if you are insured at Qover-me and you require assistance. This will be provided regardless of your location.

Ultimately, Qover-me guarantees that if something would happen to your bike such as theft, damage or you needing assistance, this will be provided.

At Qover-me, we don’t only take care of your bike but we also take care of you, may you need a taxi after your bike has been stolen? – Qover-me will cover this!