There aren’t too many modes of transportation as exciting and exhilarating as riding a bike. If you’re a frequent rider, then you know just how much fun they can be. However, if you don’t take proper precautions, it can also be a dangerous activity. In the event that something goes wrong or your bike is stolen or damaged, having the right insurance policy in place can go a long way towards mitigating the cost of repairs or buying a new bike.