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Big events and bicycle insurance - are you covered?

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Is your bike adequately insured, for its replacement value? (Photo: Abus)
Is your bike adequately insured, for its replacement value? (Photo: Abus)

As a health and mindfulness activity, the popularity of cycling can be shadowed by the spectre of theft.

New bicycles sell at record prices due to supply scarcity and rampant demand. As Cape Town prepares to host the world’s biggest bicycle race on Sunday, riders are reminded to remain vigilant.

Many premium road and mountain bikes now price beyond R100 000, and if you add wireless shifting and power meters, the cost goes beyond R200 000.

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