10 Best Specialized E-bike Insurance Companies in the US


Easy E-Biking - Jump e-bike, helping to make electric biking practical and fun

Accompanying the rising popularity of e-bikes in the US is a surge in interest in e-bike insurance. Unsurprisingly, this is a demand many insurance companies are more than willing to meet. And this is only proven by the number of companies that are offering specialized e-bike insurance in the country – a number that is not so marginal as most American e-bike riders would care to think. 

If you have been looking to acquire e-bike insurance for your unit, then you have come to the right place. You’re probably already aware of the top three that are included here, but if you want all possible (and, more importantly, trustworthy) options currently available, then take the time to read through this entire list. Do take note that not all of these companies offer specialized e-bike insurance, especially the more “all-around” insurance companies like State Farm and AmFam.  

US E-bike Insurance Companies Comparison Table

Use the following table to get a good overview of what you can expect from each e-bike insurance agency. Most of these companies can provide coverage for essential risks. If you want the exact figures for public liability, accessories coverage, etc., know that most of them are included in this table as well. 

The table is complemented by a succeeding list that will put a spotlight on each company and proceed to give an outline of the exact coverages you can expect from them. 

CompanyMax Value CoveredE-Bike Damage & Theft CoveragePublic Liability CoverageMedical CoverageAccessory Coverage
VelosuranceOpens in a new tab.Varies per e-bike$25,000 to $100,000 IncludedIncluded
SpokeOpens in a new tab.Varies per e-bike$25,000 to $100,000$1,000 to $10,000$1,000
MarkelOpens in a new tab.Varies per e-bike$25,000 to $100,000$1,000 to $10,000$1,000
McClain InsuranceOpens in a new tab.Varies per e-bike$500,000 IncludedNot by default
Prime InsuranceOpens in a new tab.Varies per e-bikeIncluded but amount not specifiedIncludedIncluded
ISU Insurance Services of WestlakeOpens in a new tab.Varies per e-bikeIncluded but amount not specifiedNot applicableIncluded
State FarmOpens in a new tab.Varies per e-bikeNot included unless the rider has a homeowner’s policy with the companyNot includedNot Included
American Family InsuranceOpens in a new tab.Varies per e-bikeIncludedIncludedNot included
Sundays InsuranceOpens in a new tab.Varies per e-bikeUp to $50,000Up to $10,000Included
Simple Bike InsuranceOpens in a new tab.Varies per e-bike$25,000Up to $1,000$500 per claim and $1,000 per policy

1. Velosurance

Easy E-Biking - Velosurance electric bike insurance logo, helping to make electric biking practical and fun

Velosurance is one of the most popular e-bike insurance companies in the US, and it’s easy to see why. For one, it has always served as a bicycle insurance company since its founding in 2012. Additionally, Velosurance primarily caters to professional cyclists, so it knows what the average bike rider wants in an insurance policy for all types of bikes, electrics included. 

It also has a no-nonsense way of making the entire insurance process quick and uncomplicated. Its multi-risk coverage can provide e-bike riders all they want in an insurance policy, effectively eliminating any extra effort and time just to get the specific coverages they want. Indeed, if you want to work with a company that will take care of everything related to e-bike insurance for you, then Velosurance is your best bet. 

Velosurance is also quick to stand out with its motor limit for coverages, which can go as high as 750 watts. That is a marginally higher figure since, on average, that limit only tops at 250 watts for a lot of companies, even those that offer specialized e-bike insurance. Its lofty liability limits that range from $25,000 to $100,000 are also attractive benefits, considering legal costs in the US. 

Overall, Velosurance is the e-bike insurance company to beat in the US, and it can go toe-to-toe with other well-established insurance companies like Markel and Spoke. Ultimately, it’s quick to win over many cyclists because it chooses to specialize solely in the said industry and the complete and affordable coverage it offers. 

To find out more, visit the Velosurance websiteOpens in a new tab..

RisksCoverage
Full value cover
Crash damage
Theft at or away from home
VandalismX
Third-party liability
Family coverX
Worldwide cover
Race fee cancellationX
Accessories cover✓ 
Dental and physical injuries
Roadside recovery
Apparel and helmet cover
Racing cover
Training coverX
Emergency bike hireX
Shipping cover

2. Spoke Insurance

Easy E-Biking - Spoke electric bike insurance logo, helping to make electric biking practical and fun

Spoke immediately makes its claim to fame and reputation in the e-bike industry in the US by being the pioneer of e-bike insurance in the company. Being first also allowed it to establish a firm hold on e-bike insurers in the country, and even as of this writing, Spoke remains as one of the almost automatic options by US e-bike riders when it comes to protecting their prized possessions. 

Spoke Insurance is similar to Velosurance in that it’s also one of the first to offer comprehensive bicycle insurance in the country. Coincidentally, it also shares the same conception year with the latter, having been launched in early 2012. Spoke’s immediate pull comes from the fact that it was established and run by cycling enthusiasts as well. They know what riders want, in short, and much more so for e-bike riders. 

Spoke’s prices start at $100 per year, which is fairly cheap for a company that is considered as a premium e-bike insurance provider. It also offers deductibles that can go for as low as $200, which is substantially lesser than the average homeowner’s policy in the US. 

It also is a bit more lenient and flexible when it comes to its e-bike coverage limitations, which can even provide coverage for models with 28 mph top speeds – this is a rarity for most e-bike insurance providers. 

Same as Velosurance, policyholders can also freely choose liability protections that can cover between $25,000 to $100,000. These are but some of the reasons Spoke is considered as an e-bike insurance company that can give you all you need. 

To find out more, visit the Spoke Insurance websiteOpens in a new tab..

RisksCoverage
Full value cover
Crash damage
Theft at or away from home
VandalismX
Third-party liability
Family coverX
Worldwide cover
Race fee cancellation
Accessories cover✓ 
Dental and physical injuries
Roadside recovery
Apparel and helmet cover
Racing cover
Training coverX
Emergency bike hireX
Shipping cover

3. Markel Insurance

Easy E-Biking - Markel electric bike insurance logo, helping to make electric biking practical and fun

Markel being included here should practically be a no-brainer because it’s one of the most recognized insurance companies in the US. To say that the company is the largest one featured in this list could prove to be an understatement. It’s been around since the 1930s, a clear testament of the substantial popularity and prestige it has acquired over the years. 

Naturally, it has begun to offer its dedicated e-bike insurance since it’s been providing bicycle insurance for a long time now. Having acquired such substantial experience over the years, Markel knows how to familiarize itself with the industries it chooses to accommodate. Besides offering specialized insurance for various vehicles, it also offers specific types of insurance for individuals and businesses. 

If we’re going to look at Markel’s specialized e-bike insurance, it’s almost identical to Spoke’s, which shouldn’t at all be a surprise since Markel American Insurance Company serves as the underwriter of the two. But that’s not to say that Spoke is not entirely dependent on Markel because it’s run by Marsh & McLennan Agency. 

Markel e-bike insurance policyholders also get to enjoy the same perks as Spoke customers. Bicycle liability has the same range of $25,000 to $100,000, and you can also expect coverage for e-bikes with top speeds of 28 mph and 750-watt motors. Even the quotes are similar so you can consider Markel and Spoke as one entity in most cases. However, it’s unclear why the two companies continue to operate independently. 

To find out more, visit the Markel Insurance websiteOpens in a new tab..

RisksCoverage
Full value cover
Crash damage
Theft at or away from home
VandalismX
Third-party liability
Family coverX
Worldwide cover
Race fee cancellation
Accessories cover✓ 
Dental and physical injuries
Roadside recovery
Apparel and helmet cover
Racing cover
Training coverX
Emergency bike hireX
Shipping cover

4. McClain Insurance

Easy E-Biking - McClain electric bike insurance logo, helping to make electric biking practical and fun

McClain Insurance is unique in that it offers e-bike coverage for Pacific Northwest states only. Being based in Everett, Washington, it’s safe to say that McClain Insurance is targeting local riders more, particularly regular commuters in Seattle and Portland. 

It was founded in 1977 and is partnered with multiple other insurance companies nationwide. Looking at the overview of its services, it’s safe to say that it’s more of a general insurance company from which you can expect to avail of the basic coverages. It just happens to offer specialized e-bike insurance as well. 

And, indeed, McClain Insurance has interesting insurance terms for e-bikes. What the insurance policies lack in the number of risks covered it makes up for in loftier liability compensation limits. Getting a $500,000 limit of liability coverage is not exactly an everyday thing, at least, in the current state of e-bike insurance protection in the US. It may not rival the ones offered in the UK e-bike insurance companies, but it’s certainly one of the highest in the US. 

Besides this, you can also avail of necessary property and medical coverage. Interestingly, it’s one of the few e-bike insurers that also offer underinsured motorist insurance that also has a $500,000 limit. Admittedly, it’s a coverage that can appeal to a lot of e-bike riders considering the number of uninsured drivers and other bike riders in the US. 

The company does state, though, that it offers “additional customization” of policies based on needs; although, it doesn’t readily reveal what these customizations are. 

To find out more, visit the McClain Insurance websiteOpens in a new tab..

RisksCoverage
Full value cover
Crash damage
Theft at or away from home
VandalismX
Third-party liability
Family coverX
Worldwide coverX
Race fee cancellationX
Accessories coverX (not explicitly stated)
Dental and physical injuries
Roadside recoveryX
Apparel and helmet coverX
Racing coverX
Training coverX
Emergency bike hireX
Shipping coverX

5. Prime Insurance

Easy E-Biking - Prime electric bike insurance logo, helping to make electric biking practical and fun

Established in 2001 and headquartered at Lakewood, New Jersey, Prime Insurance is one of America’s more traditional insurance companies that are quick to recognize the growing trends in numerous industries – and e-bikes have certainly entered its radar as evidenced by its relatively recent foray into it. 

We say “recent” because the company has not yet dedicated a stand-alone category for e-bikes even though it recognizes the need to acquire specialized insurance for it. Make no mistake, Prime Insurance does offer customizable e-bike coverage and you can refer to the table below to know what they are exactly. It’s just that it is not as open as other insurance companies in revealing its policy’s details yet. At best, you can expect them to provide protection for the most prevalent risks and leave you open to including add-ons. 

Prime Insurance’s pluses are its historical track record and acclaim won through the years. It’s also more than willing to flaunt the feedback it has received recently and over the years, so the company pretty much speaks for itself. 

To find out more, visit the Prime Insurance websiteOpens in a new tab..

RisksCoverage
Full value cover
Crash damage
Theft at or away from home
VandalismX
Third-party liability
Family coverX
Worldwide cover
Race fee cancellationX
Accessories cover✓ 
Dental and physical injuries
Roadside recovery
Apparel and helmet cover
Racing coverX
Training coverX
Emergency bike hireX
Shipping coverX

6. ISU Insurance Services of Westlake

Easy E-Biking - ISU electric bike insurance logo, helping to make electric biking practical and fun

ISU Insurance Services of Westlake or ISU, for short, operates on a national level and offers a variety of personal and business insurance coverage, some of which are more obscure and uncommon compared to most. Indeed, it’s quite a pleasant discovery to learn that there is a growing number of insurance services in the US that offer comprehensive coverages for very specific niches like tattoo shops, spas, and, of course, e-bikes.

ISU has been around since 1988 and has continued to make Los Angeles its headquarters. It has established quite an impressive presence nationwide, with over 50 branches in multiple states already operating under its wing. 

It provides all types of bicycle shop insurance as well, e-bikes included. And what’s evidently great about the company is that they are all too willing to dive into the intricacies of the user’s needs before suggesting a policy. 

However, we do have to assert that the company’s policies are limited to e-bike shop owners and not personal e-bike riders. If you happen to belong in the former group, then ISU may just be able to deliver all the business protection you need. 

To find out more, visit the ISU Insurance webOpens in a new tab.site.

RisksCoverage
Full value cover
Product liability
Theft at or away from the store
Employer protective liability
General liability
Worker compensation
Worldwide cover
Shipping cover
Accessories cover✓ 
Pedego e-bikes: rentals, stores, tours
Fire cover for inventory

7. State Farm Insurance

Easy E-Biking - StateFarm electric bike insurance logo, helping to make electric biking practical and fun

State Farm provides another reason for Californians to rejoice because it offers e-bike and personal mobility insurance in their state alone. And for the general American public, State Farm is pretty much considered as the Swiss Army knife of insurance companies. The company is already embedded deep in American society and has served an entire generation as well as the next, for which it has received numerous awards. Its current headquarters is at Bloomington, Illinois. 

One inherent appeal of a State Farm policy is that it is generally more inexpensive, and e-bikes are not exempted from this. However, there is admittedly no stand-alone e-bike insurance being offered by the company. 

At best, e-bike coverage can be provided with the help of a “sports equipment” policy. It will cover essential risks like damage and theft, which can be limited. Nonetheless, State Farm remains as one good way for most e-bike riders to protect their units without taking too much of a toll on their wallets. It can be a practical choice if you have multiple e-bikes to cover for the most common risks. 

One other perk is that State Farm has good agents who will not hesitate to dive into the intricacies of each policy to help you make claims for your e-bikes. 

To find out more, visit the State Farm Insurance websiteOpens in a new tab..

RisksCoverage
Full value coverPossible
Crash damage
Theft at or away from home
VandalismX
Third-party liability✓ (can be acquired by bundling with a homeowners policy)
Family coverX
Worldwide coverX
Race fee cancellationX
Accessories coverX
Dental and physical injuriesX
Roadside recoveryX
Apparel and helmet coverX
Racing coverX
Training coverX
Emergency bike hireX
Shipping coverX

8. American Family Insurance

Easy E-Biking - American Family electric bike insurance logo, helping to make electric biking practical and fun

American Family Insurance, or AmFam as it is known colloquially, is similar to State Farm in terms of each reach and appeal to the American public. Founded in 1927, it’s one of the largest insurers in the country. It’s also one of the most lucrative, having been consistently included among the country’s Fortune 500 companies. 

AmFam provides comprehensive insurance for most types of vehicles, but they do not offer a separate e-bike policy. Even so, AmFarm provides additional coverage for e-bikes through their homeowners’ policy. E-bikes can be added to the said policy and can be covered for theft, loss, vandalism, and public liability.

Acquiring and bundling e-bike coverage through AmFam is one good way to save up on insurance expenses. Annual costs can be as low as $3 and medical coverage can be provided by the homeowner’s policy as well. The company typically recommends getting an umbrella policy to, at least, get a semblance of how specialized e-bike insurance provides coverage to riders. 

To find out more, visit the American Family Insurance websiteOpens in a new tab..

RisksCoverage
Full value coverPossible
Crash damage
Theft at or away from home
Vandalism
Third-party liability✓ 
Family coverX
Worldwide coverX
Race fee cancellationX
Accessories coverX
Dental and physical injuries
Roadside recoveryX
Apparel and helmet coverX
Racing coverX
Training coverX
Emergency bike hireX
Shipping coverX

9. Sundays Insurance

Easy E-Biking - Sundays electric bike insurance logo, helping to make electric biking practical and fun

Sundays Insurance is known in the US as a bicycle insurance specialist. Anything bike-related they are sure to cover, and what’s good is that it extends to e-bikes as well. The company was founded in Australia in 2008, but fortunately, they already have a global reach. Their US branch is located in Santa Barbara, California. 

We also can’t deny the fact that the company knows what bike riders need in their insurance policies. It’s one of the few often-overlooked insurance companies that offer well-rounded insurance with virtually complete coverage for risks.

Sundays Insurance makes three options available for different types of cyclists based on their riding habits. For serious cyclists, they offer as much as $50,000 liability coverage, battery insurance, and  $10,000 for medical payments. The other two options are for casual riders and those that tend to use their units for endurance training or another form of exercise. 

From these options alone, it’s easy to see that the company is made for bikers. You also only need to just go through the table below to know what we’re talking about. 

To find out more, visit the Sundays Insurance websiteOpens in a new tab..

RisksCoverage
Full value cover
Crash damage
Theft at or away from home
Vandalism
Third-party liability✓ 
Family coverX
Worldwide cover
Race fee cancellation
Accessories cover
Dental and physical injuries
Roadside recovery
Apparel and helmet cover
Racing cover
Training coverX
Emergency bike hireX
Shipping coverX
Competition cover plus liability
Professional cyclist cover

10. Simple Bike Insurance

Easy E-Biking - Simple Bike electric bike insurance logo, helping to make electric biking practical and fun

For its unassuming name, Virginia-based bike insurance company, Simple Bike Insurance, actually proves to be a real gem for US electric bike riders because of its relatively more comprehensive and in-depth coverages.

For example, besides the ones listed in the table below, it also throws in coverage for transit and travel damage, spare parts, and vehicle contact (up to $10,000). Another plus is that they actually provide insurance for all states and even extend their services to Canada. 

Every basic policy provides all the needed coverage for essential risks such as damage and theft. But, as in most of the best bike insurance companies, Simple Bike Insurance also gives policyholders plenty of freedom to customize their policies by allowing them to add the other available coverages they provide.

That said, it’s not hard to recommend this company for riders who feel like they are paying for too much (or too little) coverage. 

The company is also very specific when it comes to the e-bikes it provides insurance for. Motors must not exceed 750 watts and top speed must not go beyond 20mph for both pedal-assisted and throttle-assisted models. 

All in all and considering the sheer flexibility of the company and its virtually complete line of coverages available, it’s safe to say that Simple Bike Insurance can actually compete with the best in the market — even Velosurance. And it certainly doesn’t hurt that it’s underwritten by Markel, too. 

To find out more, visit the Simple Bike Insurance websiteOpens in a new tab..

RisksCoverage
Full value cover
Crash damage
Theft at or away from home
Vandalism
Third-party liability
Family coverX
Worldwide cover
Race fee cancellation
Accessories cover✓ 
Dental and physical injuriesX
Roadside recovery
Apparel and helmet cover
Racing cover
Training coverX
Emergency bike hireX
Shipping cover
Event fee reimbursement
Replacement bicycle rental

A few words in conclusion

There are not many options yet for Americans as far as e-bike insurance companies are concerned. Many of the companies prefer to offer insurance in specific states only. This could be attributed to the fact that e-bike laws tend to vary in every US state. 

Based on popularity alone, Spoke and Velosurance are the overwhelming favorites among the majority of American e-bike riders. But a lot of the other companies mentioned here do promote their unique appeal either by catering to local riders or providing cheaper policies with lower premiums and deductibles than the competition. 

We also have to admit that e-biking and cycling in general in the US are not that popular, at least, when compared to plenty of European countries. It’s a good sign, though, that there are now plenty of options for the American public when it comes to insurance companies that provide specialized policies for e-bikes. Perhaps, it’s only a matter of time when this number will increase soon. 

Read also: Specialized e-bike insurance companies in the UK, Canada, Australia.

Here is a quick video, taking a look at several e-bike insurance options and why you may want to have an insurance policy for your e-bike:

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