Agent, Rural Mutual Insurance Co., Union Grove, WI
Yes, under most circumstances a bicycle would be covered if stolen as your other personal property would be up to the policy limits and possilbly less a deductible. Please read your policy completely to understand the coverage offered and any exclusions that it may contain or contain your local agent to have them go over it with you.
Bicycle theft would be covered under a homeowners insurance policy. Since your deductible will apply, you may assess the replacement value of the stolen bicycle before reporting the loss. In some cases, clients are unpleasantly surprised when their insurance carrier reports a loss to CLUE (National Reporting Database for Underwriting).
It is suggested that your contact your independent agent regarding advice on your specific situation; an experienced representative should be able to explain the complete claims procedure thus allowing you to make a more informed choice of how to proceed!
Agency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482
It more than likely would cover such a loss, yes. The settlement would of course be subject to your property deductible unless you have the bike insured specifically on a rider or a stand alone specialty item policy. In order to have such a claim processed as swiftly and fairly as possible, I would suggest having photos of the bike along with any paperwork that came with the purchase and a copy of a police report.
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It is suggested that your contact your independent agent regarding advice on your specific situation; an experienced representative should be able to explain the complete claims procedure thus allowing you to make a more informed choice of how to proceed!