Bicycle insurance terms easily explained

‍Any collision, accident, dismantling or fire of the insured bike, irrespective of whether the bike is in motion, and which immediately results in the insured bike no longer being suitable for traffic or riding it is dangerous according to traffic regulations.

Any defect in the insured bike as a result of a broken or defective part or an electrical defect making the bike unusable.

Without intention or not knowingly and willingly.

The amount of the costs that we will pay you under this insurance contract after the application of the contractual conditions included.

This is the amount for which you are accountable for if the damage does not exceed the amount of the excess.

His is the amount that will remain for your account in the event of a claim.‍

A non-movable part or part thereof which cannot be removed without special tools such as e.g. A fence or pole.‍

Date on which the current insurance contract ends but is tacitly renewed without notice for a period of one year. This date can be found in your policy schedule.

Material damage caused to the insured bike as a result of an accident, i.e., a sudden, involuntary, and unforeseen event

A violent event of natural origin with devastating effects on a large scale.

The document in which the policy schedule are recorded, which together with the general terms and conditions constitute your insurance contract.

The document that the policyholder receives after the insurance contract has been concluded and which shows the insurance contract.

The amount that the policyholder has to pay in exchange for the cover included in the insurance contract.

A bike insurance quote is an estimate of how much the insurance cost for your bike.‍

A clandestine organised action or threat of action with ideological, political, ethnic or religious intentions, carried out individually or by a group, involving violence against persons or the economic value of a material or intangible property is wholly or partially destroyed, either to impress the public, to create an environment of insecurity or to put pressure on public authorities or to hinder the movement or normal operation of a service or an undertaking.‍

The disappearance of an insured bike or part thereof as a result of theft, not committed by, or with the cooperation of the insured or one of his family members.

The damage caused by third parties by a foolish and unreasonable act such as graffiti or intentional damage.