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simple, clear and easy to navigate website. First time getting cycle insurance but will be back next year.
As good practice we constantly look at the available solutions for people wanting to cover their bikes. Luckily we have also conducted research into this very topic, we looked at home policies, what British Cycling membership gives you and also compared offerings from other cycle insurance suppliers.
What did our quantitative research reveal? Well we asked cyclists, how does cycle insurance compare in their opinion to a home policy? 80% of cyclists thought cycle insurance was expensive compared to home insurance. However 72% of cyclists were aware their home insurance didn't provide complete cover for their bikes. A very high percentage (82%) of cyclists were uneasy about the way they insured their bicycles and in an ideal world would rather pay a little extra to have peace of mind. 38% had no form of insurance at all and 68% have thought about getting cycle insurance.
Of those surveyed 30% had purchased British Cycling membership partly to supplement their home insurance, but mainly because they raced or aspired to. What was surprising is that only 7% of respondents had properly read the policy associated with the British Cycling license and understood the limitations of the cover offered with British Cycling gold membership. Very few respondents realised British Cycling does not cover you for unaffiliated races such as triathlon and even less realised that British Cycling excludes one member claiming against another in a cycling competition, race, time trial or timed event (This ultimately means, if you cause an injury to a fellow British Cycling member in a race you aren't covered read British Cycling's website here). Finally over half (56%) of respondents were under the illusion British Cycling membership offered protection for accidental damage to their bike, which isn't the case.
So what typically is covered when you compare our bicycle insurance with other options? Conveniently at Yellow Jersey we frequently compare the market to ensure we always provide a market leading cycle insurance. We have summarised in the chart below how our cycle insurance compare to the other common options.
CYCLE INSURANCE COMPARE CHART
|Bicycle Accessories Insurance|
|Race Fee Cancellation Insurance|
|Accidental Damage & Theft Cover|
|DNA+ Cycle Security Marking|
|Bicycle Box Insurance|
|Bicycle Transit Insurance|
|Bicycle Theft from Vehicle|
|Public Liability Insurance|
|Cover Whilst Racing|
|Personal Accident Benefit|
|Emergency Bicycle Hire Insurance|
|Unlimited New for Old Cover|
|Bicycle Breakdown Insurance|
|Legal Advice, Claims Management|
|20% Renewal Discount|
|Postcode Free Pricing|
|Claims Price Freeze**|
|Bicycle Insurance One £2,000 Bike||£171||No Online Quote||£72||£258|
|Bicycle Insurance One £4,000 Bike||£280||No Online Quote||£72||£434|
|Multi cycle Insurance £6000 ***||£354||No Online Quote||£72||£617|
|Bicycle Insurance Excess||£100||As per policy||N/A||£100 or 20%|
|Third Party Claims Excess||£0||£0||£0||£500|
Yellow Jersey bicycle insurance is not rated on postcode, i.e. other UK cities like London or Manchester are not be penalised. Where other bicycle insurance suppliers require a postcode, to compare, we have used London post code SE1. To compare other bicycle insurance suppliers we have used their on-line quote and entered information on a like for like basis to a Yellow Jersey cycle insurance standard policy. Quotes are accurate as at 01/03/2016 - Rates are illustrative you must visit other UK sites to obtain a full bicycle insurance quote. *Full Price is charged on most expensive ** Subject to no more than 3 claims in 3 years ***Multi bicycle insurance price is based on 1st bicycle £3500 2nd bicycle £1500 and 3rd bicycle £1000
Click the PDF logo to view the Yellow Jersey Cycle Insurance – Bicycle Insurance UK Policy Wording
Click the PDF logo to view the Yellow Jersey Cycle Insurance – Bicycle Insurance Key Features and Summary
Click the PDF logo to view the Yellow Jersey Cycle Insurance – Travel Policy Wording
Click the PDF logo to view the Yellow Jersey Cycle Insurance – Travel Summary of Cover and Key Facts
Click the PDF logo to view the Yellow Jersey Cycle Insurance – Terms of Business
For bicycle insurance and travel insurance claims visit our claims page for more information.
We offer a pair of complementary bicycle insurance products for UK customers.
Bicycle Insurance provides UK customers complete cover for all their bikes worldwide, including crash damage and theft, alongside numerous other benefits as standard.
Cycle Travel Insurance covers medical expenses and repatriation in the event of an accident abroad, on top of lots of other features you’d expect from a travel insurer.
Your bicycle, including its wheels, are covered against loss, theft and damage in transit, so long as they are securely packaged within a bicycle box or bicycle bag, and you have retained the receipt from the airline confirming your bicycle was checked. The standard policy excess will apply.
We also provide travel insurance for cyclists separately, covering you for emergency medical care and repatriation while racing and riding, together with features like trip cancellation and curtailment cover.
If you choose annual bicycle insurance, your bicycle is covered against theft and damage globally for up to 60 days at a time. You may take as many trips of up to 60 days as you can fit in your schedule.
Please note that Public Liability cover is not provided in the U.S.A or Canada.
Yellow Jersey’s Bicycle Insurance is designed to protect valuable bikes against theft, or damage while riding and competing. It is not intended as an alternative to travel insurance. We now also offer cycle travel insurance which includes, amongst many other benefits, cover for emergency medical expenses and repatriation while cycling and competing abroad.
Yellow Jersey’s Cycle Insurance is designed to protect valuable bicycles against theft, or damage while riding and competing. It is not intended as an alternative to travel insurance. Our cycle travel insurance includes, amongst many other benefits, cover for emergency medical expenses and repatriation while cycling and competing abroad.
If you leave your bicycle unattended away from your home we will cover bicycle theft and malicious damage providing your bicycle has been locked through the frame to an immovable object. The lock must be approved by sold secure and appropriate for the value of your bicycle. (Please visit our blog on locks and security). The bicycle can be left unattended for up to 12 hours. This is extended to 24 hours within a railway station and 48 hours within the transition area of a competitive organised triathlon event.
Yes this is not a problem. Simply send us an email containing your policy number and details of the Cycle to Work scheme provider and we will note their details accordingly on your bicycle insurance.
Races with cash prizes are fully covered by our bicycle insurance so long you are not deemed to be a professional or semi professional rider. Professional or Semi Professional athletes deriving part or all of their income from activities involving the use of a bicycle (e.g. a cyclist, triathlete or duathlete) are not covered by the standard Yellow Jersey Cycle insurance policy unless we have given you written consent.
We provide insurance to Professional level teams such as Matrix Pro Fitness, Mountain Trax Vauxhall and numerous individuals, but this must be agreed by us in advance. The cover provided for amateur riders is the same as we provide for our professionals.
You can obtain bicycle insurance for a single bicycle to a maximum value of £15 000, with a maximum total cover for all your bicycles of £50 000. When adding accessories to the policy, the first £250 of their value is already included as standard, along with up to £1000 for a bike box.
Whilst a bike is held within the transition area of an organised sporting event it is not required to be locked as it is not deemed to be abandoned or unattended.
Your bicycle, wetsuit and helmet are all covered against theft and accidental damage while in transition zones
You can take out bicycle insurance on up to 15 bikes on a single policy providing the total combined value of the bicycles and accessories does not exceed £50,000 and the bikes are all owned by you or for which you are legally responsible
The Standard Excess for the bicycle insurance policy is £100 for theft or accidental damage.
Unlike most bicycle insurers, there is no excess on third party claims made against you.
Our bicycle insurance will only cover you if you lend your bike to a member of your family. We define family member to be; parents, spouse, partner, son, daughter or siblings, who permanently live with you.
Public Liability Insurance provides cover against damage to persons or property caused by your proven negligence, such as an injury you cause to a pedestrian or damage that you may do to a vehicle while riding a bicycle insured with us. Our policy automatically provides up to £2 million of liability cover, and we charge no excess on this service.
Please note that Public Liability cover is not provided in the U.S.A or Canada.
If whilst cycling in the UK you should be unfortunate enough to suffer a mechanical breakdown or be involved in an incident which damages your bike and therefore prevents you from completing the journey, at our discretion we will arrange for the collection of you, any passengers and your bike to one of the following destinations;
Our breakdown recovery service is run for us by a company called Kingsway and you can request their services via their 24/7 helpline on 0333 003 0600
Our bicycle insurance will cover any bike, including; road, mountain, cyclocross and time trial as well as tricycles, tandems, trailer cycles or push scooters. All bicycles must be powered by human pedalling and/or batteries. We are unable to cover bikes which fall under the requirements of the Road Traffic Act such as motorcycles, mopeds or scooters.
Our personal accident cover is provided as standard and compensates you or your family members if involved in a serious accident whilst using a cycle specified on your policy. We will pay up to £20,000 per person for injuries including; death, loss of limb, loss of sight, or permanent total disablement.
Please note cover will not be provided for anyone under the age of 16 or over the age of 85. Also anyone over the age of 65 is not covered for permanent total disablement.
Our bicycle insurance policy provides you race entry fee cancellation cover in the event of any serious injury or any unforeseen serious illness occurring to you which results in you being unable to attend an event for which you have entered. Other circumstances where the cover may come into effect and a full list of requirements/exclusions can be found in section 6 of our policy wording.
An insurance policy must have been taken out with us before the incident which prevents you from entering a race or event.
Unfortunately at this current time bicycle insurance UK only customers, although we plan to make our fantastic product available outside of the UK soon.
Yes we offer push bike insurance. As for what is a push bike well that’s a good question – The push bike (or hobby horse) was invented by Baron Carl Von Drais in 1817. It is considered the ancestor of the modern bicycle. Riders were propelled using their feet to push it along. The push bike was gone almost as quickly as it arrived, lasting around 2 years as the pedal cycle was developed.
The term push bike is deemed by many as an insult to cyclists. In his excellent blog “Roads Were Not Built for Cars”, Carlton Reid issued an impassioned plea for the UK’s Department for Transport to cease using the term “push-bike” to describe the bicycle. Reid argued that the term, first put forward in 1903, was offensive, old-fashioned and obnoxious.
Some bicycle insurance makes it tricky to understand the lock requirements, we believe we have made ours easy and simple to digest. You shouldn’t have to have a UK law degree to understand a bicycle insurance policy so we have create a simple plain English blog. Check out our handy guide to bicycle security in different locations.
If you are leaving your bicycle unattended when out and about, or if it stored somewhere not secure, then it will need to be locked through the frame to an immovable object with an approved lock. bicycles worth £1000 or more need a Sold Secure Gold rated bike lock. bicycles worth less than £1000 can be locked with Sold Secure Silver.
Sold Secure are a third party rating company who test bicycle locks to see how easy they are to break open. The vast majority of bicycle locks sold in the UK will have this rating, and will usually display their rating proudly on the packaging. If you are unsure, you can check your lock against the database over on their website.
There are some lock manufacturers who use terms like Gold and Silver in their marketing but are not rated by Sold Secure. Make sure you look for the Sold Secure logo when buying a bicycle lock.
So long as the lock you use meets the required Sold Secure level for the value of your bicycle, it does not matter which type of lock you use. However, some styles tend to be better than other.
D-locks tend to be the strongest. They are very hard to cut and thieves will generally pass them by to find a softer target.
Chain locks can come in a very wide rand of quality but are generally easier to bypass than D-locks. They also tend to be quite heavy and best used in unsecure garages where a D-lock might be difficult to get on and off.
Cable locks are nice to carry around but are notoriously easy to break. They are best avoided if possible.
In every case we have seen, the D-lock is sold secure Gold and therefore meets our requirements, but the cable is not. Unfortunately, this isn’t always clear on the packaging. So long as the bike is locked through the frame to an immovable object with this D-lock then it is covered under our policy. However, a wheel locked with the cable wouldn’t be covered as they are too easy to cut.
We offer a pair of complementary cycle insurance products.
Bicycle Insurance provides complete cover for all your bikes worldwide, including crash damage and theft, alongside numerous other benefits as standard.
Cycle Travel Insurance covers medical expenses and repatriation in the event of an accident abroad, on top of lots of other features you’d expect from a travel insurer.
Our Travel product covers downhill mountain biking overseas, however it excludes racing. So long as the riding is recreational, our standard travel insurance product covers you.
If you are downhill mountain biking overseas competitively, we may be able to help you out on an individual basis. Please call us on 0333 003 0046
Yes, we cover you for emergency medical expenses and repatriation if you are injured on a cycling or triathlon training camp.
Yes, we cover you for emergency medical expenses and repatriation if you are injured competing in an Ironman event.
Yes, when purchasing your travel insurance, make sure to select ‘Worldwide’ cover.
We also have the option for European only cover which is available at a lower rate.
Please note; An annual European travel insurance policy can be upgraded to include the USA after purchase, however a Worldwide policy cannot be ‘downgraded’ to exclude the USA after purchase.
No. Our travel Insurance offers cover for your luggage up to a maximum value of £5000 while it is being transported by the airline, however it won’t cover damage to your bike while racing in the UK or abroad, for this it is important you also purchase bicycle insurance.
Yes. Our travel insurance is designed to cover the costs of emergency medical expenses due to injury while on holiday, including while riding or racing your bicycle. This applies to all forms of bicycle racing and triathlon over any distance. The only exception is downhill mountain bike racing which is not currently covered by our travel insurance policy.
Yes. Our travel insurance is designed to cover the costs of repatriation due to injury while on holiday, including while riding or racing your bicycle. This applies to all forms of bicycle racing and triathlon over any distance. The only exception is downhill mountain bike racing which is not currently covered by our travel insurance policy.
We cover you for up to £5,000 in the event of a cancellation or curtailment to your trip where it is necessary and unavoidable.
For example, if your tour organiser goes out of business and cancels your trip, the costs would be covered by us. If you changed your mind but could still reasonably take the trip, the costs of cancellation would not be covered by us.
We provide entry fee cancellation cover in the event of any serious injury, or unforeseen serious illness preventing you from attending an event you have entered.
An insurance policy must have been taken out with us prior to the incident which prevents you from entering your race, and we will require you to receive evidence of the injury or illness from a professional medical practitioner.
There is no maximum number of trips you can take with your bike on an annual policy. No single trip can exceed 60 days away from the United Kingdom, but you can take as many as you like.
The maximum single trip length on our annual policy is 60 days. You can take as many trips as you like, so long as they don’t exceed 60 days each.
As a bonus, our annual cycle travel insurance also includes winter sports cover. This is to save you having to search round for another supplier when you have already purchased with us. Our maximum trip length for winter sports holidays is a little bit shorter at 17 days.
Our travel insurance policy is limited to trips of 60 days at a time, after which we would require you to return to the UK to remain covered. If you have reason to need longer than 60 days, we might be able to help you out by arranging your insurance on an individual basis. You can find details on how to contact us via our contact page.
Once you have begun a trip, it is impossible for us to extend the maximum trip length.
No. Our travel Insurance offers cover for your luggage up to a maximum value of £5000 while it is being transported by the airline, however it won’t cover damage to your bike, for this it is important you also purchase bicycle insurance.
We also provide a fully comprehensive bicycle insurance policy which will cover your bicycle against damage by the airline up to £15,000, together with theft and crash damage along with a host of other features. Our bicycle insurance even provides automatic cover for your bike box up to £1000
Our travel insurance includes gadget cover a total of 5 gadgets up to a total value of £2000. This will cover theft from your hotel and accidental damage to any of your gadgets, such as Garmins, cameras and laptops and tablets.
The gadget insurance is not valid while cycling. To read more about our bicycle insurance, please view our cycling insurance information here.
Yes, absolutely. Active people live active lives, so while the main focus of our cycle travel insurance is cycling, we made sure we also included cover for other sports you might enjoy while on holiday. This was one of the requests that came out of our customer consultations while designing this product.
To view a full list of included sports, click here to see the relevant page on our policy wording.
Our annual travel insurance also includes winter sports cover; so if you enjoy skiing or snowboarding over the winter, you won’t need to purchase an additional policy.
You can insure a bicycle you have assembled from parts. You should insure the bike for the full cost of the build; the total cost of the frame and components. If you need to make a claim we will need some form of proof of ownership. This could be receipts for individual components or detailed photographs of the bike prior to making a claim.
The pair of wheels you predominantly use should form part of the total value of the bicycle. Any additional wheels you might have for racing or training should be added to the policy as accessories, the first £250 of which is included as standard.
Fixed accessories which are not critical to the function of the bicycle should be added to the policy as accessories. The first £250 of the accessory value is covered by the policy as standard.
Please note that fixed accessories will only be covered if stolen or damaged at the same time as the theft or damage of your bike.
No, if you wish to cover a helmet or clothing you should select either £250 or £500 in cover under the helmet and clothing section.
If you had selected the helmet and clothing cover option when purchasing your policy then you will be covered for your loss up to the sum shown in your schedule. An excess sum of £100 applies.
We no longer collect frame numbers when setting up a policy. If you need to make a claim however, you will need to make certain that you are able to provide evidence of ownership in the form of an invoice / receipt.
If you are unable to provide proof of ownership, please get in contact with us, and we will see how we can help.
We are unable to provide refunds on bicycle insurance policies or cycle travel insurance policies after the 14 day cooling down period or
Alongside our annual insurance policies, we also offer short term cover for periods of 5, 10, 17, and 31 days. If you only need bicycle insurance or cycle travel insurance for a specific event, or a period of less than a year, please insure you purchase a short term policy.
A cancellation charge does apply if you wish to end your policy during the 14 day cooling off period. Please see our terms of business for more details.
In order for your insurance policy to be valid, the premium needs to be paid to our underwriter in full, upfront. While this is fine for a lot of customers, many would prefer to spread the cost over a longer period of time. We allow you to pay your premium as a monthly direct debit by way of a finance agreement with a company called Plan Finance LTD.
Plan Finance pay your premium for you up front, and your direct debit is used to pay them back, plus a charge of 10% which they keep as a fee.
Yellow Jersey provide a premium financing option through Plan Finance Ltd. You may choose either the 1st or 15th of the month as your collection date. You can request to swap between these dates, however you may be required to make a manual payment in the interim.
Yellow Jersey have selected Plan Finance Ltd to provide a premium finance solution to help spread the cost of your annual policy. If you have selected to pay your premium via Direct Debit, Plan Finance Ltd will send you a finance agreement and mandate form which you will need to complete and return to them.
The increase in premium is based on how long you have remaining in your policy, worked out on a pro rata basis. If you extend from European only to Worldwide cover 6 months into your policy for example, you will be charged the difference in cost for these two policies for half a year.
If you have purchased your policy with us on finance, the additional premium will be spread evenly across your remaining direct debit payments. Usually, there will be fewer direct debit payments remaining than months left in the policy.
please visit our contact page for more information on making a claim
We are in a unique situation among bicycle insurers in that we handle all of our bicycle insurance claims personally, in house.
Most insurance brokers pass their customers off to a separate company operated by their underwriter to handle claims for them. This is fine for things like car or house insurance where claims are usually quite straight forward, but the nuances of cycling make the process very difficult for cycle insurance unless you have a good understanding of Bicycles.
By handling the claims ourselves, we can guarantee a self confessed ‘bike nerd’ to help you through the claims process.
Our Cycle Travel Insurance claims are managed by a company called Direct Group Travel Services.
If something happens while you are on holiday, it is important that you have someone you can talk to 24 hours a day, seven days a week. We have picked Direct Group Travel to run our travel insurance claims for us because not only can they offer this service, but because they have the track record and experience we can put our trust in.
Yellow Jersey Insurance is trading style of The Plan Group Ltd. which is an independent family run insurance brokerage that has been established for over 25 years.
As a family of cycling enthusiasts we established Yellow Jersey Insurance to protect your enjoyment of a shared passion. We believe in quality cover that you can rely on. We believe in providing excellent service and the importance of having an informed person to speak to should you need to speak to someone.
Please visit our contact us page for details.
The office is open from 9am until 5.30pm Monday to Friday.
Yes, Yellow Jersey Cycle Insurance is a trading style of The Plan Group Ltd we are authorised and regulated by the Financial Conduct Authority, register number 307249. You can check this on the Financial Conduct Authority’s register by visiting their website or by contacting the Financial Conduct Authority on 0800 111 6768.
Our Bicycle Insurance is underwritten by Tradewise Insurance Services. Tradewise offer a range of industry leading insurance products and have worked with the Directors of Yellow Jersey Cycle Insurance for over a decade. In that time their business integrity has been without fault and the level of service provided has been of the highest quality. When we were creating Yellow Jersey Cycle Insurance, the first and only company we approached to partner was Tradewise.
At Yellow Jersey Cycle Insurance we are committed to safeguarding your personal information. We adhere to the most recent internet security standards, compliance, and UK data protection laws. Data is not stored on this site and is passed immediately and securely onto relevant parties such as banks and finance houses.
Our payment gateway site is protected by Barclaycard Secure to ensure any data you share with us is done so securely. You can rest assured that the information you supply is encrypted and cannot be read by anyone else.
We aim to provide you with a high level of customer service at all times but if you are not satisfied please contact the Operations Director by;
0333 003 0046
Yellow Jersey Cycle Insurance
854 Brighton Road
When dealing with your complaint, we will follow our complaint handling procedures; a summary of these procedures is available on request. If you are still not satisfied, you may be entitled to refer the matter to the Financial Ombudsman Service.
As three brothers, we have been successfully running our family-owned insurance brokers for 15 years. We are active members of the cycling and triathlon community and our friends and club mates often asked us our opinion on the best way to insure their bicycles. We knew that bicycle cover on home insurance wasn’t always sufficient, but we were never confident recommending any of the existing bicycle insurance policies, they were often expensive for people who raced or travelled abroad. We wanted our bicycle insurance tailored to those who owned multiple bikes, trained and raced TTs, criteriums and triathlons, or who were looking to take their bicycles abroad and nothing like that existed. We thought things could be better, so in 2014 we started Yellow Jersey Cycle Insurance.