My bike was stolen this weekend from my garage, is this covered under my home insurance? Jeff D., Ocean City, Maryland

Jeff,

Typically bicycles are covered under a standard home insurance policy.  Although, most policies will have a limit on the replacement costs they will provide- usually around $250.  As always check with your home insurance agent to find out specifics. Be sure to read our Tips on Prevent Bike Theft.

In the future, always know the amount of coverage you have for your bike and compare that to the value.  Do you need additional coverage for this personal property?  You might want to schedule an endorsement on your policy to provide more coverage in the event that your bicycle is ever stolen again.  Contact your home insurance agent for more information on additional coverage.

Thanks, HomeInsurance.com