You finally took the plunge and bought an electric scooter. Whether you went with a Bird, Lime, Spin, or something else entirely, you’re now the proud owner of a fast, fun, and environmentally-friendly way to get around town. But before you start zipping around, there’s one more thing you need to do: get insurance.
Yes, you read that right. Just like your car or your home, your electric scooter needs to be insured in case of damage, theft, or liability. Don’t worry, though; insuring your ride is easier than you might think. In fact, we’ve got all the info you need right here.
In this article, we’ll cover the basics of electric scooter insurance and help you decide if it’s the right coverage for you. We’ll also discuss the types of insurance policies available and the conditions that need to be met for each type to be valid.
Finally, we’ll provide a few tips on how to make sure you’re getting the best electric scooter insurance possible. So whether you’re new to the world of electric scooters or just looking to upgrade your coverage, read on!
Table of Contents
What is e-scooter insurance?
Electric scooter insurance is an insurance specifically designed to cover electric scooters. Much like car insurance, it can protect you financially in an accident or theft.
Generally, policies will cover damages to your scooter and any medical bills incurred due to an accident. Some policies may also cover lost wages if you are unable to walk or work due to your injuries.
Why You Need Electric Scooter Insurance
There are several reasons you should consider getting electric scooter insurance, even if it isn’t required by law to be insured. First and foremost, accidents happen.
Even if you are the most careful rider, there’s always a chance that something could go wrong. If you don’t have insurance and something happens, you could be left with expensive medical bills or repairs that would be difficult to pay out of pocket.
Second, electric scooters are becoming an increasingly popular target for thieves. If your scooter is stolen, it could cost hundreds or even thousands of dollars to replace it without insurance.
And finally, if you live in an apartment complex or other shared living space, having insurance can protect you from liability in the event that someone is injured while riding your scooter.
Types of electric scooters covered by insurance
As we mentioned earlier,the best way to get around city is on an electric scooter., but be aware that they can be easily damaged or stolen. That’s why it’s essential to have insurance coverage for them.
Typically, insurance coverage includes damage to the scooter, accidental injury, and theft. Make sure to read the policy carefully to find out what is and isn’t covered, as not all policies are the same. In addition, be sure to have a motorcycle insurance policy in case of an accident.
1. Moped-style electric scooters
Moped-style electric scooters typically have a small motor and a maximum speed of 30 miles per hour. They usually have a step-through frame, making them easy to mount and dismount.
Most insurance plans cover electric scooters that look like mopeds because they are low-speed vehicles.
2. Motorized bicycles
Motorized bicycles, also known as e-bikes, are electric bicycles with a motor and can also reach speeds of up to 20 miles per hour.
E-bikes are becoming increasingly popular as they offer a green and efficient way to travel. Most insurance companies consider e-bikes to be low-speed vehicles and will provide coverage for them.
4. Electric scooters
Electric scooters are powered by batteries and can reach speeds of up to 15/16 miles per hour. They are a popular mode of transportation for short trips, as they are easy to use and can be stored in small spaces.
While most insurance companies do not currently cover electric scooters, some may offer coverage in the future as the market for these products grows.
5. Hoverboards
Hoverboards are self-balancing scooters that use sensors to detect when a rider is leaning forward or backwards. They can reach speeds of up to 10 miles per hour and are becoming increasingly popular among commuters and leisure riders alike.
While most insurance companies do not currently cover hoverboards, some may offer coverage in the future as the market for these products grows.
Do scooters require insurance?
Yes, scooters do require insurance. All vehicles, including scooters, must have liability insurance to operate on public streets and roads. This is because all vehicles—including scooters—are considered the state’s property under California law.
If you’re unfortunate enough to get into an accident while riding a scooter, not only will your injury attorney likely be interested in pursuing compensation on your behalf, but so too may the police department or municipality you were in when the accident occurred.
Scooter operators who fail to carry liability insurance risk hefty fines and potential jail time should they be caught operating without adequate protection.
1. Stand-alone policy
Electric scooters are easy to use, and a great way to get around town. That’s why it’s important to get affordable electric scooter insurance if something goes wrong.
A stand-alone policy is a cheap and easy way to do just that. It’s also a good way to cover the cost of damage or loss to your scooter, up to a certain limit. If you’re looking for added protection, you can add riders and additional properties to the policy for extra coverage.
Ensure you read the fine print, as some policies exclude liability for intentional injury or criminal acts. So, whether you’re new to electric scooters or have been riding them for years, insurance is a good idea!
2. Purchase protection policy
E-scooters are a great way to get around town without having to worry about the hassle of parking. However, accidents can happen; if they do, it can be costly to repair or replace your scooter. That’s why it’s important to purchase electric scooter insurance.
This type of protection covers your scooter, the battery, and any personal belongings that are on it at the time of the incident. Plus, it can provide financial assistance in cases of theft or damage.
Make sure you understand all of the coverage options available and choose the policy that best suits your needs.
3.Supplemental Insurance Policy
Electric scooters are a fun and convenient way to get around, but accidents can happen. That’s why it’s important to have supplemental insurance in case of an accident.
This type of insurance covers things like property damage and injuries caused by the rider or the scooter. Compare rates and understand the coverage offered before buying a policy. As electric scooters are a new mode of transportation, limited policies are currently available.
However, as the popularity of electric scooters continues to grow, so will the number of available policies. So, whether you’re just starting on your electric scooter journey or an experienced rider, make sure to have insurance in case of accidents.
4. Rental insurance
When it comes to electric scooters, accidents can happen at any time. That’s why it’s important to have insurance that covers accidents and damage caused by the scooter while in use.
Make sure to get a policy that covers your specific needs, such as driving privileges in other countries. Additionally, register your scooter with the rental company so they can track its location and ensure proper safety measures are followed. Thanks for reading!
What makes a e-scooter different from a moped?
A scooter is a small, two-wheel vehicle powered by an electric motor. On the other hand, Mopeds have engines ranging from 50cc to 125 cc and can travel up to 45 mph on public roads. Both vehicles require personal injury insurance and rental insurance when rented from a garage or company.
A scooter is a smaller, more lightweight motorcycle that can be driven on the street or on pathways. They are typically less powerful than mopeds and cannot travel on some roads.
Mopeds are larger, heavier motorcycles that can also be ridden on the street. They tend to have more power and range than scooters and often feature automatic transmissions or manual gearboxes for greater flexibility and ease of use.
So which is better? That depends on your needs and preferences! A scooter may be a good choice if you want to take it easy around town, while a moped might be better for longer trips or if you need maximum mobility.
What are the conditions for electric scooter insurance?
An electric scooter can be a fun and convenient way to get around, but like any other piece of equipment, it’s important to ensure you have the appropriate insurance in case something goes wrong.
Here are some core factors to consider when shopping for electric scooter insurance:
First, be sure to ask your insurance company about specific coverage for electric scooters. Many policies exclude electric vehicles altogether, so it’s important to ensure your policy covers them.
In addition, you’ll need to be aware of the liability coverage offered by your policy. Liability coverage will protect you if you’re found liable for an accident that injures another person or damages their property.
Most policies provide a minimum of $25,000 in liability coverage. However, it’s increasing this amount is always a good idea .
Finally, be sure to ask about comprehensive and collision coverage. Comprehensive coverage will help pay for the repairs or replacement of your electric scooter if it’s damaged in a covered accident. If you collide with another vehicle or object, collision coverage will help pay for repairs or replacement of your electric scooter.
When shopping for electric scooter insurance, be sure to ask about all the different types of coverage available and find out how much coverage you need to feel safe and protected.
Myths about electric scooter insurance
There are a lot of myths about e-scooter insurance, and it’s essential to be aware of them so you can make the best decision for your needs. Here are four common myths that you should avoid when shopping for
1. Electric scooters are not covered by car insurance. This is FALSE—accidents involving motorized vehicles, including electric scooters, are typically covered by personal injury protection (PIP) and liability insurance policies.
2. Electric scooters don’t require registration or license plates. THIS IS FALSE: All electric bikes and unicycles must be registered with your municipality if they have a top speed over 25 km/h (15 mph), and they must display a valid plate on the bike or an attached trailer. In some cases, showing proof of purchase may also be necessary.
3. Electric-powered bicycles do not fall under the definition of “motor vehicles.” THIS IS ALSO FALSE: anything that has two or more wheels and is capable of travelling over 25 km/h (15 mph) on the level ground falls within the definition of a “motor vehicle,” even if it’s powered by electricity rather than gasoline or diesel fuel.
Wrapping Up
So , when you’re buying an electric scooter, you’ll want to ensure that you have insurance in place. By following this simple guide, you can find affordable electric scooter insurance that will also cover you in the event of an accident.
Not only that, but purchasing protection will help you save money if you ever have to replace your scooter. So what are you waiting for? Get insurance today and enjoy your new electric scooter without any worries!
