DON'T DELAY, PROTECT YOUR RIDE TODAY WITH OYSTER

Bicycle insurance 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.

They do! Oyster sees electric bikes as a key part of a greener future and a great way to get around. They 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.

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.

Oyster's 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.

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.

Every cyclist, bike, and situation is unique. Your insurance coverage should reflect that. It's important for you to evaluate your individual needs and your personal level of comfort when it comes to risk. If you need help, feel free to contact Oyster Support!

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

Oyster recommends insuring your items as soon as the item is in your possession. That is why they focus on partnering with modern retailers to offer insurance at the point-of-sale, helping to provide continuous coverage starting at the moment of purchase.

A deductible is the amount that will be subtracted from any future claims payout (i.e. it is your contribution to the payout of the claim). In general, a lower deductible means a higher monthly premium, and vice versa. 

The premium is the cost of your insurance policy. You pay this figure regardless of whether you file a claim or not.

Oyster only needs a few pieces of information to get the claim started. These include some basic contact information (if they don't already have it) and your policy number. They will also need some information about the incident, such as the date you became aware of the issue, the item involved, and a brief description of the circumstances. This is all they need to get the ball rolling. Oyster may need additional information during the process, but their claims team will let you know if anything else is needed. Additional information could include photos of the item (e.g. if damaged), appraisals, purchase receipts, or a police report in a theft case.