What Insurance Covers Bicycle Accidents?

The insurance and compensation for damages that have been resulted from bicycle accidents may vary depending on the incident. The insurance policies of the people who has been involved in the accidents also affect the case. Moreover, most of the times, financial and emotional damages are covered by the third party’s traffic insurance. In some bicycle accidents, the cyclist’s personal accident insurance or a company’s specialized insurance plays a significant role. In short, being aware of the available insurance coverage is an important piece of information to avoid potential loss of rights.