ebike insurance is outrageous

John Dombrowski

Active Member
Picking up a new Turbo S and a base Turbo for my wife next week. I was just looking into some insurance and just for the Turbo S was over $800 a year through Velosurance.
Sheeesh, I don't even pay that for my brand new Jeep.
Anyone have insurance that doesn't cost so much?
 

OldGuy

Member
They were basing that on motorcycle rates with rider medical coverage.
State Farm offered me $156/year for liability-only, for an electric moped, another $450/yr for medical coverage.
 

Over50

Well-Known Member
Picking up a new Turbo S and a base Turbo for my wife next week. I was just looking into some insurance and just for the Turbo S was over $800 a year through Velosurance.
Sheeesh, I don't even pay that for my brand new Jeep. Anyone have insurance that doesn't cost so much?

Seems pretty high. I think my Velosurance policy was in the $300 range for my R&M Charger. I did not get liability or medical as I figure my umbrella policy and health insurance would cover me for those items.
 

James Kohls

Active Member
For Physical Damage/Theft from Velosurance w/$200 deductible is $265 for me. I think @ronin2000 is correct, theft rates in an area is probably as big a factor as replacement cost.