Unlike driving, insurance for road cycling isn’t required by law (yet). So getting insurance cover for your bike is your choice, but if you love your bike, you’ll want to make sure it’s fully insured.

An Oyster policy is a specialized insurance policy that provides comprehensive coverage against unforeseen scenarios specific to bikes. Coverages include theft, crash damage, medical payments, and liability coverage - and are typically neglected by your standard homeowners or renters insurance.

Bike coverage under a homeowners or renters policy is typically very limited and very restrictive. Homeowners and renters insurance usually have very low limits (e.g. $500), meaning that you are only partially covered for any bike above this price. Deductibles are also often high and should you need to file a claim against your policy, there is a risk that your homeowner insurance rates increase. In addition, most homeowners or renters policies don’t normally provide coverage for damage while riding your bike and theft coverage is often limited.

Our bicycle policy is built specifically for you and your bike, offering full replacement value and the most important coverages, all with flexible deductibles. Plus, coverage through Oyster means your homeowners or renters insurance rates won’t increase if you need to file a claim.

We sure do! We see electric bikes as a key part of a greener future and a great way to get around. We insure any electric bike with a power assist that does not exceed 750 watts and a top speed of 28 mph, including class 1, class 2, and class 3 eBikes.

There is no real "average" policy as many factors affect the price of insurance (e.g. type of bike, price of the bike, how you use it). That being said, insurance is a small price to pay to make sure you are protected should the unthinkable happen. It takes less than 2 minutes to get a quote for a policy with Oyster, so that's the best way to find out exactly how much insurance will cost you.

Yes, if you select our 'Competitive' usage option then any coverages you purchase are in full force while you're competing in an event. Good luck on the course!

Homeowners' policies have limitations for electronics as to how they are covered, where they are covered, and how much they are covered for.

Firstly, many homeowner and renter policies do not offer any protection for on-the-go electronic devices. Those that do, typically have very low limits (e.g. $500) and often exclude important coverages such as theft or liquid submersions. There is normally no protection for devices used for business and deductibles are often prohibitively high as they often match the homeowner deductible. Should you need to file a claim against your policy, there is also a risk that your homeowner insurance rates increase.

Oyster has plans built specifically for personal electronics, with unlimited claim submission and the ability to purchase coverage anytime. Plus, coverage through Oyster means your homeowners or renters insurance rates won’t increase if you need to file a claim.

Oyster electronics insurance covers the cost of repairing or replacing your device for the following losses: cracked screens, spills, liquid submersion, accidental damage (e.g. drops), theft, natural disasters, fires, floods, and any power surge caused by lightning. We do not cover any intentional damage or cosmetic damage.

For new devices, we offer optional cover for mechanical failures and manufacturing defects.

Warranty covers mechanical failure and breakdowns, it normally does not provide coverage for accidental damage or theft. Electronics insurance from Oyster protects against a variety of damages including theft, cracked screens, spills, liquid submersion, and drops.

For new devices, we also offer optional cover for mechanical failure and breakdown, meaning we cover you for most foreseeable risks.

There is no real "average" policy as many factors affect the price of insurance e.g. type of device, price of the device, etc. Our policies start as low as $2/month, so protecting your electronics could be cheaper than a coffee a month.

It takes less than 2 minutes to get a quote for a policy with Oyster, so that's the best way to find out exactly how much insurance will cost you.