Insurance for your Sports Equipment
Looking for sports insurance to protect your equipment? Look no further! Our comprehensive coverage includes bicycle insurance in BC and sports insurance throughout Canada. Safeguard your gear today.
Sports Equipment Insurance
InsureBC is the first broker in BC to offer Sports Equipment Insurance dedicated to bicycles and e-bikes. We've made the buying process so simple, it will take you less than 3 minutes to purchase via our website or through any of our 90 locations across BC.
This is a great product for those looking to insure expensive road bikes, mountain bikes, race bikes, hybrid bikes, gravel bikes, e-bikes, or any bicycle that falls outside the limit of a regular home (house, condo, or tenant) insurance policy. With cycling more popular than ever, even budget-friendly bikes deserve dedicated protection — and high-end models often exceed what a standard home policy will cover.
Whether you're a daily commuter, a weekend trail rider, or a serious road cyclist, our Sports Equipment policy makes sure your bike is covered if something happens to it. With bicycle thefts on the rise across Canada, the need for dedicated bike insurance has never been clearer, and many cycling clubs and organizations now encourage their members to insure their equipment.
What makes this policy unique is that should anything happen to your bike and you need to file a claim, doing so won't affect your current discount level or rates on your property (home, condo, renters) insurance. For example, you won't see your home insurance rate jump next year just because your bike was stolen.
What’s Included in Sports Equipment Insurance?
Our Sports Equipment Insurance policy will pay to repair, reinstate, or replace your bicycle or e-bike, riding gear, and personal cycling effects with items of the same or similar specification following a loss, theft, or accidental damage. Please note the minimum value of your equipment must be $100.
Please note: for all electrical- assisted units only, there will be a theft-specific deductible of $1,000 or 10% of the insured value, whichever one is greater.
Should You Buy Sports Equipment Insurance?
Take a good look at your bicycle or e-bike. Is it covered if it gets stolen or damaged? First, check your home, condo, or tenant insurance policy to see whether it covers your bike — and at what limit. Many policies either exclude bicycles or cap coverage at amounts well below the value of today's bikes and e-bikes.
That's where this product comes in. As a stand-alone policy, filing a claim won't affect your home insurance. Unlike a travel insurance policy — which covers emergency medical expenses — Sports Equipment Insurance covers your bike, not your health, in the event of an accident.
This insurance will cover you up to the policy limit you select to repair, reinstate, or replace your bicycle, e-bike, and personal cycling effects (less depreciation).
Get Sports Equipment Insurance Online
How Much Does Sports Equipment Insurance Cost in BC?
We're the only insurance brokerage in BC to offer this dedicated bicycle and e-bike product, and it can only be purchased online via our website or through one of our 90 locations across BC. The cost to insure your bike depends on a number of factors, including the value of your bicycle or e-bike and any related cycling gear you wish to add to the policy. Coverage is very affordable and starts as low as $25 per year.
Customer Testimonials
At InsureBC, we value the relationships we build with our clients. Don't just take our word for it – see what they have to say about their experiences working with our team of expert insurance brokers.
Just bought my sports equipment policy online. It was so easy! The team answered all of my questions via email right away!
I recently got sports equipment insurance for my bike and I’m very happy with the policy. Comprehensive and affordable. I feel secure knowing my gear is protected.
Frequently asked Questions
Do you insure e-bikes?
Yes, we do insure e-bikes! Please fill out the quote form here, and once it’s submitted, we’ll reach out with a tailored e-bike quote. Please note the maximum watt allowance is 500W.
I keep my bike in my backyard or at a stand outside of my condo building overnight. Is this covered?
At night bikes must be kept locked and secure INSIDE a building. This means that they have to be locked inside your home, condo, or a secure condo bike room. During the day the bike can be outside, however it must be locked and secure.
Can I buy sports equipment insurance online?
Yes! While our 90 locations across BC can assist you with purchasing Sports Equipment Insurance face-to-face, our Online Tool will instantly provide you with a quote and the ability to purchase a policy for your equipment, 24 hours a day, effective immediately. We are the only insurance provider in BC to offer Sports Equipment Insurance as part of our various insurance programs.
What types of equipment can I insure?
We insure a variety of sorts equipment, including bikes, canoes, kayaks, skis, snowboard, surfboards, windsurfers, paddle boards, golf clubs and more.
Looking to File a Claim?
Our dedicated claims department is committed to making the claims process as smooth and stress-free as possible. Whether you need to file a claim for your home, vehicle, or business, we have the expertise to guide you through the process.
