Which cycling insurance is the best?

Which cycling insurance is the best in Australia depends on what type of cycling you do. There are three different types of cycling insurance, and best varies by category. For protection of the bike itself against theft and crash damage, specialist bicycle insurance is best, and Velosure is consistently rated number one for most riders, offering comprehensive cover for bikes up to $30,000, crash damage, theft anywhere, transit cover, accessories and new-for-old replacement, with optional worldwide and racing extensions. Cyclecover and BikeCover are best for pro-level or custom bikes over $15,000. For personal injury and third party liability if you injure someone else while riding, the best cycling insurance comes from membership organisations. AusCycling membership, which is required to race, includes 24/7 personal accident insurance and up to $20M third party liability cover for $110-$350 per year depending on licence type. Bicycle Network membership at $129-$169 per year also includes personal injury income protection and third party liability and is best for commuters and recreational riders who do not race. For budget cover where you just want theft protection for a cheap commuter bike, the best option is often adding it to your home and contents insurance with NRMA, Allianz or AAMI for an extra $50-$150 per year, as this covers theft from home and often away from home. For e-bikes, Velosure is best because it specifically covers battery and motor damage.