How do E-bikes relate to your homeowners or auto insurance? (Important stuff!)
E-bikes are so much fun! When I was in Hawaii with my family, I took my thirteen year old daughter on a guided e-bike tour at the Kualoa Ranch, where they filmed many movies, including Jurassic Park. We had so much fun….and I fell in love with e-bikes that day.
Regular bikes are covered by homeowners insurance (There are restrictions. Let us know if you have questions about this). E-bikes have a motor so they are not covered by homeowners insurance. If your E-bike is stolen or if you injure someone, your homeowners insurance will not cover you. You will need a special insurance policy for this.
Please let us know if you have an E-bike and if you want to get it insured.
Here are some things that can happen:
1) It can get stolen
-A lot of bikes are getting stolen across Colorado right now. (We all need to take special action to secure our bikes and E-bikes as well as possible)
2) You can cause an accident and injure someone or cause damage to someone’s property
-E-bikes can go fast. An Emergency Room doctor told me that he is seeing more and more elderly people in the Emergency Room…..from E-bike accidents! People are saying “Let’s get Grandma an E-bike” then she hops on and zooms away at 20 miles per hour and then gets into an accident. We recommend that you practice and train on your E-bike so that you will have the skill/strength/ability to control it.
-If you injure someone or damage property, you want an insurance policy to help you.
3) There are other things that can happen on an E-bike. Use your imagination and think of something crazy and it has probably happened to someone.
The moral of the story: Get an insurance policy for your E-bike. It is not covered by your homeowners insurance. We will help you with it if you let us know.
Thank you!
Jared Ullrich
Ullrich Insurance
Jared Ullrich
Jared Ullrich is the owner of Ullrich Insurance, along with his dad, Tom. Jared loves what he does and strives to make the most out of life every day. He has the best clients, the best team (team members at Ullrich Insurance), the best business partner, and he loves insurance. Jared has a wonderful wife and six kids. When he’s not helping Colorado families find the right insurance coverage, Jared is obsessed with doing cold plunges, spending time with the family, and going to the beach anytime he gets the chance.