Bike insurance might not cover your theft: How to avoid the common mistakes that can invalidate your policy

Bikes locked up next to a road.

In 2023 alone, police in England and Wales received over 64,000 reports of bicycle theft. Whilst that figure marked a 12% decline on the previous year’s tally, bike theft is endemic and the chances of recovery are slim, a situation which is mirrored throughout the world.

Being insured is one thing, but ensuring that your policy covers all eventualities, especially theft, requires a thorough understanding of the fine print.