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Bicycle stores sell new and used bicycles without motors that may be fully or partially assembled. Painting, repairing and minor customizing of bicycles is usually included in the store's services. Bicycle accessories, parts, clothing and other related items such as unicycles are often for sale as well. Some offer bicycle rental services and may sponsor bicycle events, tours, competitions and excursions. Stores may cater to one type of bicycle sport, such as mountain biking, bicycle racing or bicycle touring.

General Liability Insurance for Bicycle Stores – Customers often like to try out the bicycles before making a purchase. They may sit on the bicycles in the store and even ride them if there is space available outside. Bicycles can turn over easily and cause injury to customers. Displays should be stabilized and made as sturdy as possible to prevent tip over injuries at bicycle stores. Glass counters should be free of defects and sharp corners to prevent cuts. The store and all bicycles should be closely supervised in order to reduce premises liability. Walkways, sidewalks, and parking lots should all be in good condition and free of any debris. Bicycle stores typically offer assembly and repair, which increases the products liability and the manufacturer warranties may be voided as a result. If any bicycles are rented, imported or customized, the exposure is even greater. 

Workers’ Compensation Insurance for Bicycle Stores – Workers’ Compensation risks for bicycle stores include slips/trips/falls, electrical shocks, and shelving and/or merchandise collapse, falls from stools and stepladders, and back injuries. Eye protection should be used during repair and assembly of bicycles. Back injury may be prevented by the use of dollies or hand trucks.

Business Auto Insurance for Bicycle Stores – There is risk for automobile accidents if the bicycle store offers delivery. The risk is increased if the store travels to sponsor sporting events. Since drivers tend to be young, all should undergo MVR checks along with training and a vehicle maintenance program.

Property Insurance for Bicycle Stores – Theft and fire are risks at bicycle shops. Young delinquents may damage the building while attempting to burglarize the store. Flammable products used for repairs such as degreasers and lubricants should be stored properly and used with caution. The age and construction type of the building are primary risk factors for fire at bicycle stores. Buildings over 20 years old should be updated with new electrical and wiring systems.

Crime Insurance for Bicycle Stores – Burglary and employee theft are potential crime risks at bicycle stores. Proper training, management and security measures should help prevent crime. Monitoring all monies and separating employee duties should reduce employee dishonesty. Internal audits should be conducted on a frequent and irregular basis. Tight inventory controls should be in place to deter employee theft from bicycle stores.