If you ride a moped or motorbike, you absolutely need insurance cover; however, the intricacies of the insurance plan are vehicle-specific, so makes sure you acquire the correct insurance for your mode of transport.If you ride a pedal bicycle, you don’t need to purchase insurance legally, but it is highly recommended that you do it for your own benefit.Insurance plans such as a Cycling Liability Policy and/or Standard Cycling Insurance can help cyclists cover damage to other’s and their own property, along with loss and theft.