Bike insurance now rivals car cover

The latest insurance products for cyclists offer as many benefits as the fully-comprehensive policies offered to car drivers.

Motorists with a fully-comp level of cover are reimbursed for accidental damage to their vehicle and are supplied with a hire car while theirs is off the road, which are both features now commonly included in most cycle insurance policies.

Compare the cycle insurance market

A highly-competitive market has now prompted one cycle insurance provider to include third party and personal injury cover as standard.

Cycle insurance from the Environmental Transport Association (ETA) is widely regarded as the most comprehensive on the market and includes a specialist recovery service for cyclists who have broken down.

A spokesperson for the Environmental Transport Association (ETA) said: “Just as with any other type of insurance, it is vital that people shop around – many cyclists are paying over the odds for the extras that we include for free.”