How much does bike insurance cost in the UK?

Typically 4-12% of the bike value per year. A £2000 road bike with comprehensive cover costs roughly £100-170 per year. Race cover and high-value bikes may cost more.

What does comprehensive cycling insurance cover?

Comprehensive cover typically includes theft, accidental damage, third-party liability, personal injury, race entry fee loss, and often covers your bike worldwide for a limited period.

Is bike insurance worth it?

For bikes worth over £500, yes. Bike theft in the UK is common (300,000+ stolen annually), and repair costs from crashes can easily exceed the annual premium.

Does home insurance cover my bike?

Some home insurance policies cover bikes, but often with low single-item limits (£500-1500) and may not cover use away from home. Specialist cycling insurance is usually better for valuable bikes.

How can I reduce my insurance premium?

Use a quality D-lock, store your bike securely, register it on BikeRegister, install a GPS tracker, and consider a higher excess to reduce the premium.

BikeCalcs

Bike Insurance Calculator — Estimate Your Premium

Estimate bike insurance costs based on bike value, cover level and storage.

Bike Value

Accessories Value

Cover Level

Bike Storage

How We Calculate This

Premium Estimation

Base rate: 4% (theft only) to 10% (race cover) of total insured value
Storage discount: Indoor (-15%), Garage (-10%), Outdoor (+15%)
Value discount: Bikes over £3000 (-5%), over £5000 (-10%) rate reduction
Annual premium = Total value x Base rate x Storage multiplier x Value multiplier

These are estimates. Actual premiums vary by postcode, security measures and claims history.

Frequently Asked Questions

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Last updated: February 2026

All calculations are estimates. Always verify results and consult a professional bike fitter where appropriate.