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Cycling Insurance for Australians PDF E-mail
Tuesday, 08 September 2009 00:42

If you have home contents insurance and you have specified your bicycles on the policy, be aware that you are most probably not covered for whilst you are riding, training or racing. If that’s the cover you need, then you’re in the right place.

Velosure offers bicycle insurance cover for crashing, racing and theft quickly and efficiently, right here on this website. You can obtain instant online bicycle insurance quotes as well as take out cover online! Alternatively ring 1300 VELOSURE (1300 83 5678) to speak to one of our consultants.

This policy is straight forward, affordable and designed specifically for cyclists.

If you care about your bicycle, you should care about your insurance.

We love bicycles.

 

http://www.velosure.com.au/Resources/Images/BannerBg.png

 

Velosure started with Theo Grobler, a cycling enthusiast, and Hollard Insurance, a company with several bike-crazy individuals, including the Managing Director Richard Enthoven and Chief Legal Officer, Orion Riggs. Together, it was a perfect partnership to form the first stand-alone bicycle insurance product in Australia for those people passionate about cycling.

Because Velosure was designed for cycling enthusiasts by cycling enthusiasts, we understand the nature of risks that cyclists face whether on a weekend training ride, commuting to work, exploring the outdoors or going for a PB on a big race day. At Velosure we aim to give you bicycle insurance with no surprises. The information that we send you about your cover is simple and straightforward, making it easy for you to understand what is included in your cover and what isn't. And if you have questions about your cover, just ring us on 1300 83 5678 and we'll help you out.

Hollard Insurance, our underwriter, is a member of the international Hollard Insurance Group, which includes businesses in Australia, throughout Africa, in the United States, the United Kingdom and South East Asia. Hollard provides a wide range of insurance products and services to more than 6.5 million policyholders worldwide. The company currently employs over 1,500 people and holds assets exceeding A$1.7 billion. Hollard's Australian-based business is APRA approved and audited by KPMG.

Who we are

We are cyclists in the insurance industry. Our two passions are just that: cycling and insurance. Although you might think otherwise, it's not likely that you're sufficiently covered for the risks you and your bike face whilst riding. Most people think they're covered under their contents policy, but if you read the fine print, you'll find low limits and no cover whilst in use. As passionate cyclists who happen to work in insurance, we decided to do something about it. 

Comparision

You may think your bicycle is covered under your contents insurance. Think again. Contents insurance covers only some of the events that may happen to your bicycle. Velosure bicycle insurance cover is geared specifically to cyclists and will cover your bike for the types of things you care about.

Cover Velosure Bicycle Insurance Standard Home and Contents Insurance
Accidental / crash damage whilst in use tick cross
Accidental / crash damage whilst racing tick cross
Loss or damage in transit – roof racks, airplane, bus, train etc tick cross
Personal accident cover tick cross
Bicycle accessories (extra wheels, HRM etc) cover whilst in use tick cross
Theft from your home tick Usually, but only for low value bicycles
Theft away from home tick Often not, unless the bicycle is specified
Can I cover my bicycle only or do I have to buy additional cover for my home and contents? With Velosure you can insure your bicycle as a stand alone item Cover must include all of your contents (usually with a high minimum cover)
High value bicycles Up to $20,000 Usually subject to low sub limits

 

Last Updated ( Tuesday, 08 September 2009 00:47 )
 

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