The Best How Much Is Bike Insurance 2023. You can find a standalone bike insurance policy for about $100 to $300 a year, according to markel and veloinsurance, two bike insurance companies. Web their bicycle insurance starts at 2,90 euros per month for the basic cover, which protects against bike theft.

However, watch for the accessory cover. You can get collision coverage (up to $10,000), liability insurance (up to $25,000), medical payments (up to $1,000), worldwide. At £250, or 10% of the value of your bike for.