As any cyclist knows, the average cost of bikes can be several hundred or thousands of dollars. Standard homeowner’s insurance policies may cover your bicycle, but these have high deductibles and may leave you having to pay nearly all of the out-of-pocket cost of repairing or replacing your trusty bike. In addition, any claims you make for your bike may affect your home’s insurability and future premiums. The logical question is: “Can I get separate insurance for my bicycle?” The answer is yes.