The insurance cover your e-bike needs depends on how powerful it is.
As a basic rule, e-bikes are divided into two categories: the weaker version can travel at speeds of up to 25 km/h and has a power output of no more than 500 watts. If you are aged between 14 and 16, you will need a category M moped licence to ride one of these less powerful e-bikes. People aged 16 and over do not require a licence.
The more powerful electric bikes can travel at speeds of up to 45 km/h and have power outputs of up to 1,000 watt. For e-bikes in this category, you need a licence plate, vehicle registration papers, a rear-view mirror and fixed moped lighting. In addition, helmets are mandatory for these e-bikes and the rider must have a category M moped licence.
The best way to insure your e-bike against theft depends on the insurance company and the power output of your e-bike.
For most insurance companies, the less powerful e-bikes count as part of your household contents. This means that if your electric bike is stolen from your home, the insurer will generally treat this as “simple theft” and your household contents insurance will pay you the replacement value of your stolen e-bike or the sum insured in the policy for simple theft. If you are concerned about your bike being stolen at the train station or during a night out, you need a “simple theft outside the home” supplement to insure your e-bike against theft. In this case, the insurance company will pay you the sum insured for simple theft outside the home for your e-bike.
A word of caution: e-bikes are quite expensive, so make sure you check the sum insured for simple theft outside the home and adjust it if necessary. Furthermore, some insurers stipulate that your e-bike must be listed explicitly in the household contents policy. If it isn’t mentioned there, you may need to contact your insurer and update the policy.
If your e-bike counts as part of your household contents, your normal household contents policy will only insure it against theft and the usual risks such as fire, water and natural hazard damage. For other types of damage to your e-bike – for instance through a fall – you need a supplement in your household contents insurance. Different options are available depending on the insurance company, with examples including all risks cover, valuables insurance and comprehensive cover for sports equipment.
If your e-bike does not count as part of your household contents, you will generally need comprehensive insurance to cover it against damage.