Electric Bike Insurance

Yes, when the battery is part of the electric bike, it’s covered in case of theft.

Children in your household who are 13 or older are covered with TM Electric Bike Insurance. 

In Home Insurance TM1, third-party liability insurance is included, but not accident insurance. In Home Insurances TM2, TM3, and TM4, both accident and third-party liability insurance coverages are included. Keep in mind, however, that if the electric bike has a motor more powerful than 250W, accident and third-party liability insurance coverages are not included in home insurance policies. 

Í Heimatryggingu TM1 er ábyrgðartrygging innifalin en engin slysatrygging. Í Heimatryggingu TM2, TM3 og TM4 eru bæði slysa- og ábyrgðartryggingar innifaldar. Athugið þó að ef rafhjólið er með hjálparmótor sem er öflugri en 250W eru slysa- og ábyrgðartryggingar ekki innifaldar í heimatryggingum.

Electric bikes have motors with a maximum power of 250W, but the motors in mopeds can be in the range of 251–4000W. The maximum speed in both cases is 25km/h.

No, the maximum speed on electric bikes may not exceed 25km/h.

When the maximum speed exceeds 25km/h.

Mopeds in Class 1 are legally required to be registered, but not insured, as long as their maximum speed does not exceed 25km/h. Mopeds in Class 2, however, are required to be insured.