Find out if it's worth getting bicycle insurance and which option is best!

Bicycles have definitely become a part of Portuguese life! There are more and more bicycles on the roads. Without a body that protects the cyclist, as in a car, it’s best to protect yourself with a bicycle insurance.

Accidents happen, and most of them can't be avoided, but riding a bike on the road without insurance is like riding without a helmet or protective gear. The risk will certainly be greater!

It should be noted that in 2017, according to data from the National Road Safety Authority, more than 2,000 bicycles were involved in accidents (being struck by vehicles, skidding, and collisions).

Who is bicycle insurance intended for?

• Do you usually ride your bike to work?
• Are you a professional cyclist?
• Do you like to ride a bike in your free time?

If you answered "yes" to any of the questions we asked, then you should seriously consider getting bicycle insurance.

The creation of bike lanes, the desire to lead a more active lifestyle, and the obvious savings on fuel are leading more and more people to adopt bicycles as a means of transportation.

However, although drivers are beginning to get used to the presence of bicycles on the roads, and local governments have invested more in creating spaces and infrastructure that separate and protect cyclists from cars, there is always risky behavior on both sides.

Without insurance, you're at the mercy of chance.

Ride safely on your bike

Coverage Included in EXS Seguros' Bike Insurance

In addition to covering personal injury, EXS Seguros’ Bike insurance provides coverage for third parties (civil liability), as well as accidents related to the transportation of the bicycle.

With just one policy, you’re covered for the following:

• Liability - General / Professional

Payment of compensation to third parties in connection with accidents resulting in property damage or personal injury.

Theft

• Coverage is included for theft or accidents involving the vehicle used to transport the equipment. Payment for damage or theft during the transport of the bicycle specified in the insurance policy is guaranteed.

Cyclist Safety

• Expenses related to medical treatment, death, and/or disability are covered under the policy. Even more noteworthy is the fact that you can choose the hospital where you wish to receive medical treatment.

As such, riding a bicycle with insurance from EXS Seguros guarantees comprehensive coverage. What’s more, the enrollment process is very simple. A quote will allow you to review the policy terms and estimate the final premium amount.

Benefits for All Cyclists

Accidents can happen anywhere, not just on the road. If you're a professional cyclist, you should be more aware of these risks than anyone else.

When you set out on an adventure, things can go wrong. If you’re an athlete, a fan of cycling tours, and outdoor sports, don’t let an incident ruin your recreational and leisure time.

EXS Seguros' solutions also include benefits designed for minors. This way, children can also enjoy rides on two wheels in complete safety.

And if you're thinking about buying a bicycle—or can't even imagine losing yours—since in some cases a bicycle represents a significant investment—bicycle insurance is the wisest choice.

In addition to providing coverage for personal injury, it also covers expenses owed to third parties and protects your bicycle.

In conclusion: Bike insurance is worth it!

The amendments to the traffic code (January 2014) granted cyclists more rights, but that does not mean that car drivers are any more aware of the presence of bicycles. There is still a long way to go.

It may not be required by law, but bicycle insurance is a must for anyone who wants to ride a bike and enjoy this mode of transportation and recreation in complete safety.