Portland company offers bicycle insurance

Portland company offers bicycle insurance

A Portland company is one of the first to offer bicycle insurance, after 14 years of research.

According to Jeffery Lang, an avid bike rider and an executive with Gales Creek Insurance, about half of all cyclists who commute don't have a homeowners policy.

Lang said the intent is to make the policy affordable. Cyclists pay for what they need, liability or accident or property damage. The cost ranges from $20 to $100 a year.

Read more at KGW.

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