I wonder if it’s because bicycle insurance isn’t required and therefore needs to actually offer something in order to attract customers. It’s probably unwise that we leave to capitalism the kinds of insurance which are so important they need to be legally mandated.
My bicycle theft insurance also pays for regular checks, and routine repairs.
I wonder if it’s because bicycle insurance isn’t required and therefore needs to actually offer something in order to attract customers. It’s probably unwise that we leave to capitalism the kinds of insurance which are so important they need to be legally mandated.