Insurance is a very complicated field, which means that bicyclists frequently have questions about how insurance applies when accidents occur. While there are dozens if not hundreds of complicated issues that arise in these cases, there are some commonly asked questions that bicyclists have about insurance. This article will provide answers to some of the most commonly asked questions. It is always a wise idea, however, if a bicycle accident occurs to obtain the assistance of a knowledgeable attorney who can help to answer these questions.
How Does Florida Homeowners’ Insurance Apply?
A person’s bicycle most likely has some limited coverage under either their homeowners’ or renters’ policy, but there are often limits on the value of a person’s bicycle. There are also some types of accidents including theft and accidents that occur away from home which are not covered by homeowners’ insurance. Many homeowners’ insurance policies will also not cover accidents that occur while racing, which means that if a person wrecks while engaged in a road race or an organized race, homeowners’ insurance will likely not cover the accident. Additionally, even if a person files a bicycle claim against a homeowners’ policy, an individual risks having their insurance rate increases or even having their policy cancelled. To navigate the numerous complications that arise filing a bicycle accident claim through homeowners’ insurance, it is often a wise idea to obtain the assistance of a skilled bicycle attorney who can make sure that your case resolves in a positive manner.
What Coverage Can I Use When A Bicyclist Hits a Vehicle or Pedestrian in Florida
If you are bicyclist who struck another vehicle or pedestrian, the other party will likely try to obtain compensation from you. Motor vehicle insurance will not cover these situations because the accident did not occur while the bicyclist was using a motor vehicle. In these situations, homeowners’ insurance will likely cover the damage under the bodily injury or property damage section of the policy. In regards to a person’s cycling equipment, this is not a covered damage on a homeowners’ policy which means that costs to repair a bicycle would not be included. A person’s own personal injuries would also not fall under a homeowners’ or renters’ insurance policy but would instead be covered by the bicyclist’s health insurance. Homeowners’ insurance, however, would cover medical costs if that other person was injured.
What About Florida Bicycle Accidents Where No One Else Is Involved?
If you strike your bicycle while driving or a deer runs in front of your vehicle, homeowner’s insurance or motor vehicle insurance will likely cover the resulting damage as a “peril.” In some cases, however, the deductible can be particularly large. Often times, renters have a smaller deductible than individuals with homeowners’ insurance. This is why it is a wise idea to remain up to date with the exact amount that is covered by your insurance policy.
Speak with a Knowledgeable Florida Bicycle Accident Attorney
The world of insurance is particularly complicated, which is why it is a wise idea to speak to an experienced bicycle accident attorney when accidents occur. Speak to legal counsel at the office of Guy S. DiMartino, DC, JD, PA today for assistance.