Which company is best for bike insurance?

Which company is best for bike insurance in Australia depends on your bike value and what you want covered. For comprehensive standalone cover that includes crash damage while riding and theft anywhere, Velosure is consistently rated as the best overall bicycle insurance company for most riders. Velosure is underwritten by Hollard Insurance, partnered with RACV, covers bikes up to $30,000 per bike, offers agreed value with new-for-old replacement, covers crash damage, accidental damage, theft from home and away from home, accessories, clothing and helmets damaged in a crash, and transit cover when flying. It also offers optional worldwide and racing extensions. For very high-value custom road bikes over $15,000 to $50,000, Cyclecover and BikeCover are considered best for pro cyclists because they specialise in high-end carbon and offer higher limits and racing cover included. For everyday commuters with bikes under $3,000, the best and cheapest option is often not a specialist insurer but adding the bike to your home and contents insurance with companies like NRMA Insurance, Allianz, AAMI or Budget Direct, which will cover theft for an extra $50 to $200 per year, but will not cover crash damage while riding. For liability and personal injury only, Bicycle Network is best for commuters at $129 to $169 per year, and AusCycling is best for racers at $99 to $380 per year because both include $20M third party liability. For e-bikes specifically, Velosure is best because it explicitly covers battery, motor and charger damage and theft.