EBike Insurance in New HampshireNH Ebike insurance

What You Need to Know About Ebikes and Insurance

What is EBike insurance? 

Electric bicycles are popping up everywhere as they are a great way to get around, but like many things, e-bikes are not without risk. 

If stolen or damaged in an accident, e-bike insurance can protect you and your e-bike. An e-bike insurance policy can cover damage to the bike and liability coverage should you damage property or injure someone while riding your e-bike.

Does NH Homeowner's or Renter's insurance Cover EBikes?

Many renters and homeowners insurance policies offer some coverage for E-Bikes, but the coverage can be minimal. Please consult with your insurance professional before making assumptions about coverage.

Home or renters insurance policies might not insure E-Bikes for their total value if stolen, and a few homeowners policies offer limited protection against theft when bikes aren't at the house. These policies also may have restrictions on whether their liability coverage applies if a crash occurs.

Electric bike insurance normally offers much more robust and flexible coverage options. Before relying on a homeowners or renter's policy, riders should review the additional protections that an EBike policy could provide.

EBike insurance provides specialized coverage for electric bicycles. Policies may cover both the bike and their riders, protecting against property and liability risks.

Who in New Hampshire should purchase electric bike insurance?

Anyone with an EBike should consider electric bike insurance. Insurance can be especially important when riding an expensive EBike, but even inexpensive ones can pose liability risks if there’s an accident.

What insurance coverages are available for EBikes?

Electric bike policies can offer a variety of insurance coverages. Some to consider are:

  • Theft Coverage Coverage: May cover theft should a bike be stolen from a home, car, workplace, or other secure location, but might not cover theft if an EBike is left unsecured.
  • Collision Coverage: May cover damage to the insured bike that sustains damage in a crash with another vehicle or stationary object.
  • Gear and Apparel Coverage: May extend coverage to gear, such as helmets, shoes, glasses, spare parts, and similar items.
  • Personal Liability Coverage: May cover the rider’s financial liabilities for injuries or property damage that others sustain in a crash.
  • Medical Payments Coverage: May cover the rider’s medical expenses if they’re injured in a crash on the ebike. 
  • Uninsured Motorist Coverage: May cover crashes with uninsured riders or drivers, and vehicular hit-and-runs.

EBike Insurance New Hampshire

Does New Hampshire require electric bike insurance?

New Hampshire does not have a state requirement that E-bikes be insured, but it is highly recommended. Ebikes can be more challenging to see on the road than cars, and as they are often moving at a faster speed than a typical bicycle, the chances of being hit by another driver are likely increased.

What classes of EBikes can be insured?

Electric bike insurance is available for all three classes of EBikes, and most insurance companies follow the federal classification system:

  • Class 1: Usually pedal-assist only without a throttle and a maximum speed of 20 mph.
  • Class 2: Usually throttle assist and a maximum speed of 20 mph.
  • Class 3: Pedal assist and might have a throttle and a maximum speed of 28 mph.

An independent insurance agent can help walk you through determining the class and eligibility of insuring your EBike.

How can riders get EBike insurance?

If you have an EBike and need insurance, contact the independent insurance agents at HPM Insurance. Our New Hampshire agents can help you find an EBike insurance policy to fit both your needs and budget. Happy riding!