What’s covered if your bike is stolen?

Whether you ride your bike to work every day or just take it for a spin on the weekend, dealing with a lost or stolen bike is annoying and can be expensive. 

How do you insure your bicycle?

Bike insurance at home

Whether you have a Suncorp Home and Contents or Contents Only policy, bicycle cover falls under the contents part of your policy.

These policies cover your bike at your home if it’s stolen or damaged in an insured event such as fire, flood, storm etc.

Bike insurance away from home

To cover your bike when you’re away from home, you can add Personal Valuables Insurance to your Suncorp Contents Insurance policy for an additional premium. This allows you to insure your bike as either a specified or unspecified item, depending on its value.

• Unspecified cover: Provides up to $1,000 per item.
• Specified cover: Required if your bike is worth more than $1,000. 

You’ll need to list the bike (including make and model) and nominate its value. With Personal Valuables cover, your bike is insured for accidental loss or damage at or away from home, including while you’re riding (as long as you’re not racing or pace making).

E-bikes

Because e-bicycles are considered personal transportation vehicles, they must be insured as specified items to be covered for accidental loss or damage away from home.
For full details, including limits, exclusions and eligibility, refer to the ‘Personal Valuables’ section of your Product Disclosure Statement (PDS).

Explore Personal Valuables Insurance

How to insure your bicycle with Suncorp Insurance

To get bicycle cover, add the optional extra ‘Personal Valuables’ when getting a quote online for Suncorp Home and Contents or Contents Only insurance. Personal Valuables Insurance also covers items you take with you when you leave the house, such as your mobile phone, laptop and jewellery.

To add your bike to an existing policy use the Suncorp Insurance App, log into your My Suncorp account, or call us on 13 11 55.

How to make a bicycle claim under your insurance policy 

Making a bicycle claim is easy – here’s what to do:

Step 1: Have your policy number and event details ready. Evidence of ownership or a bike repair quote may speed up the claims process, but isn’t necessary to make a claim.

Step 2: You can make a Suncorp claim 24/7 either online, in the Suncorp Insurance App or call 13 11 55. 

Step 3: Track the progress of your claim anytime via your online account or the Suncorp Insurance App.

Step 4: We’ll arrange a repair, replacement or cash settlement if your claim is covered.

Make a claim

Read more: 

• Your guide to personal valuables insurance
• How to create a home inventory for insurance
• How to insure my dirt bike 

Insurance is issued by AAI Limited ABN 48 005 297 807 trading as Suncorp Insurance. Information provided is general advice only and has been prepared without taking into account any person's particular objectives, financial situation or needs. Please read the relevant Product Disclosure Statement before making any decision regarding this product. This advice has been prepared without taking into account your particular objectives, financial situations or needs, so you should consider whether it is appropriate for you before acting on it. The Target Market Determination is also available. 

This information applies to new policies or renewal policies starting on or after 24 May 2025.