It is noticeable that more and more people are moving forward and seeing the cycle to get to work, they have also become healthy and use ergometers as part of their workouts. They can use a bicycle to travel short distances, but every small step that society takes to reduce pollution should be encouraged. Unfortunate events such as accidents cannot be predicted, but you can be sure that you have the necessary financial protection that you can resist.
Thus, a cyclist should seek insurance coverage in the form of a cycle insurance plan that offers coverage for the pedaling cycle and the exercise cycle. Bicycles are covered under standard home owners, renters plan. The insurance will reimburse you the insured amount after the deductible is reduced.
What is Covered by Cycle Insurance?
- Bicycle theft is covered by the cycle cost, including goods and services tax.
- Accidental cycle damage is covered by cycle cost, including GST.
- All claims for damages will be settled through an authorized dealer in a non-cash form after adjusting the depreciation.
- You will have to pay a nominal amount of ₹50 for each claim processing. No additional payment is required for theft.
What is not covered by Cycle Insurance?
- Damage caused by normal wear and tear is not covered.
- Theft due to negligence in locking your cycle is not covered. For example, if you have not lock your cycle and it gets stolen.
- Losses or damage due to careless behavior during cycle handling are not covered.
- Damage caused by cleaning, maintenance or repairs is not covered.
- Accidents during races and rallies or while under the influence of alcohol or drugs are not covered.
Although bicycle insurance is protected, the cyclist must also take some precautions. Whether you are a casual rider, a casual traveler, or a professional cyclist, having the right camping equipment can be of paramount importance. Let’s discuss some of the accessories you need to travel safely.
Head injuries can be fatal, you must wear a helmet even if not required by law, as it helps protect your head in an accident.
Always keep your tire pressures at the optimum level, always check them as they may interfere with your driving.
Whether you are slightly injured or involved in a minor traffic accident, you need to act quickly. At such moments, a first aid kit is handy. There may be bandages, gauze, pain relievers, antibiotic ointment, wound dressing, butterfly closure, gloves, and more.
When driving at night or on poorly lit roads, a good headlight can make your journey safe and enjoyable.
Gloves, these are handy for maintaining a proper grip on the handlebars and protecting your fingers from harsh weather conditions, wicking sweat and keeping your hands dry.