Bike Shop Insurance
Save up to 25% on bike shop insurance.*
Choose your primary coverage to get started:
Bike shop insurance can help protect you from
Theft and vandalism costs
Your business has tags, broken windows, a broken door and inventory was stolen. You need help to cover costs — fast.**
The costs of injuries and accidents inside your store
Someone slips, trips or gets hurt in your store, and you’re asked to cover their medical bills.
Damage costs from fire or extreme weather
A fire, hail storm or burst water pipe ruins your inventory, computers and POS systems, furniture, flooring, lighting and the retail space you lease or own.
Lost business income
If you need to close for repairs after a covered event, your business insurance could help cover your financial losses.
Product liability expenses
A product that you make or sell causes harm to a customer’s health or damages their property, and they ask you to cover the costs and take legal action against you.
Get bicycle shop insurance that’s fast, flexible and convenient
ERGO NEXT specializes in small business insurance. Bicycle store insurance can help protect you, your business and your employees from the cost of unexpected events.
ERGO NEXT makes it easy to:
- Check prices, get covered and buy 100% online in about 10 minutes.
- Manage your policy 24/7 via web or mobile app.
- Pay monthly or annually and cancel anytime.
- Get unlimited certificates of insurance (COI) to share proof of insurance at no extra cost.
ERGO NEXT specializes in business insurance for bike shops
Bike shop insurance typically includes several types of policies to help protect you, your business and your employees from different types of business risks. Your coverage may include:
General Liability insurance for bike shops
Protection for the costs of damages to other people's property and injuries to non-employees
general liability can help you pay for:
Workers’ Compensation insurance
Often required to help protect employees from the costs of work-related illnesses or injuries
workers compensation can help you pay for:
Commercial Property insurance
Protect your building, inventory, equipment and other business property
commercial property can help you pay for:
Product Liability insurance
Coverage for bike shops that make or sell bicycles, parts and accessories
product liability can help you pay for:
Save up to 25% on business insurance for bike shops
Pay monthly or annually, and you can cancel at any time.
How much does bike shop insurance cost?
Bike store insurance can be more affordable than you might think. The cost depends on several factors, including:
- The size and type of your bike shop.
- The products and services you offer, such as bicycle sales, repairs or bike rentals.
- Your business location.
- Your number of employees.
- Annual revenue.
- The coverage limits and deductible you choose.
- Your insurance claims history.
The best way to find out what you’ll pay for bike shop insurance is to get a free, no-obligation quote. In about 10 minutes, you can see the cost of customized coverage for your business.
How can bike shop insurance help your business?
Cycling shop insurance can help your business to:
- Rent a commercial space. Landlords often require business insurance before you can rent or renew a lease for a commercial building for your store.
- Get financing to launch your business. Banks and other financial lenders often require business insurance before you can get a business loan.
- Hire employees. Most states require workers’ comp insurance for small businesses with employees.
- Protect your shop, inventory and equipment. Property insurance can help cover your bicycles, repair equipment, bike accessories, computers and POS systems and other business gear if it’s damaged by a covered event like a fire, theft, vandalism or certain types of water damage.
- Deal with product liability issues. If a gear, wheel, braking system, seatpost or other product you make or sell is alleged to have caused an injury or property damage, your coverage may help you.
- Handle liability claims. General liability insurance could help cover costs if a customer is injured at your store or if your business accidentally damages someone else’s property.
Bike shop insurance FAQ
If you don’t find answers to your frequently asked questions here, our licensed, U.S.-based insurance advisors are standing by to help.
Does bike shop insurance cover bicycle repairs and tune-ups?
If your bike shop offers services like repairs or tune-ups, your business may face additional risks beyond retail sales. The business insurance you need depends on the services you provide, among other factors.
Do I need insurance if I sell bicycles online?
Whether you sell through an online marketplace or your own e-commerce website, business insurance may be required for your business. Business insurance could help protect your business against liability for the products you sell, help to protect the space you use to run your business and help to protect your workers. And for online sellers, cyber liability insurance could help protect your business from some online risks, such as data breaches, ransomware and other cyber incidents, depending on the policy.
How can I get a certificate of insurance (COI)?
What do I need to get an insurance quote online?
How do you file an insurance claim with ERGO NEXT?
Coverage on-the-go for policyholders
Manage your policies, send and create certificates of insurance, or file a claim with our app.
