Bike insurance in comparison | Stiftung Warentest

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Written By Kampretz Bianca

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The damage caused by bicycle thieves across Germany in 2021 amounts to 110 million euros. Bike insurance can protect against the financial consequences of theft. We looked closely at 111 tariffs from 45 suppliers and were pleased to discover that good theft protection for a trekking bike costing 1,500 euros is available for just 32 euros per year – depending on where the bike is stored (see below). If you add a few euros, you can also insure damage caused by accidents, vandalism and wear and tear. But our testing also shows that not all rates are recommended. Some fares cost almost ten times more than the cheapest ones – and cost less. Comparing is worth it!

Why comparing bike insurance is worth it for you

Test results

Our table shows the tariff characteristics of 111 bicycle insurers. You can quickly find out what insurance coverage a specific rate offers. Some policies only offer protection against theft, others also cover damage caused by accidents and vandalism. Rates from our test database can be filtered according to several criteria.

The best bike policy for you

Our comparison shows which policy pays what, who offers breakdown cover – and whether the insurance coverage also applies abroad. The tariffs of many important suppliers are being tested – from ADAC and Ammerländer to Hepster and Signal Iduna to Zurich.

Prices for three model cases

We present annual contributions for three examples: trekking bike (new value: 1,500 euros), e-bike (2,500 euros), e-cargo bike (5,000 euros). Comprehensive protection is available for less than 50 euros.

Decision support

Home contents policy or independent bike insurance? We explain what benefits and risks are associated with home contents insurance.

Bike insurance in comparison
Test results for 111 bicycle insurers

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Who is worth bike or e-bike insurance for?

Whether it’s worth taking out bicycle insurance for you depends on several factors:

  • Do you own expensive bicycles or e-bikes?
    Electric bicycles are becoming increasingly popular. Sales have more than quadrupled in the last ten years. Unfortunately, it is precisely these bicycles that are increasingly targeted by thieves. Once the bike leaves, the chances of seeing you again are slim. Police were only able to solve 9.9% of all reported bicycle thefts in 2021.
    Very good protection for e-bikes is available from around 50 euros per year, e-cargo bikes are comprehensive and very well protected from around 100 euros.
  • Do you have home contents insurance?
    Basically, the bicycle is part of the household goods – but only if it is stolen from the apartment, a locked basement or a garage. With an additional clause, the bicycle can be secured so that it is protected while moving. Most providers of Home Content Policies However, we only insure bicycles up to a maximum value of 10,000 euros. If several bicycles are stolen at the same time, this will be considered a single home contents insurance claim.
    Families with several expensive bikes should know the value limit of their home contents policy – or protect the bikes separately with bike insurance.
  • How high is your individual risk?
    Those who use their bicycles exclusively to get to and from the office certainly run a lower risk than those who use their bicycles intensively and also make regular trips and trips. Bike insurance with good additional protection also covers damage caused by accidents, vandalism and wear and tear – and can also cover hotel expenses if you get stuck on the way. You should also consider where you live. In some regions the risk of theft is significantly higher (see graph below).
    Our table shows rates for pure theft protection and those with additional comprehensive protection. We calculate prices for a city with high and low risk of theft.

Bicycle theft in Germany – a comparison

The risk of theft varies from region to region. Bicycles are most often stolen in large cities and in eastern Germany. Since the contribution amount for some fares depends on the local risk of theft, we selected for our research the two major cities with the lowest and highest rates of bicycle theft (according to 2021 police crime statistics):

  • Remscheid – 45 bicycle thefts per 100,000 inhabitants
  • Leipzig – 1,365 bicycle thefts per 100,000 inhabitants

Anyone living in a city-state or in Saxony, Brandenburg or Saxony-Anhalt is at the highest risk of being a victim of bicycle theft. In central and southern Germany, bicycle thieves strike significantly less frequently on average. © Stiftung Warentest / René Reichelt

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