To determine the value of your bicycle accident claim, you may need to start with a look at who caused your bicycle accident. In many cases, the party that caused your bicycle accident will carry an insurance policy designed to protect in the event of an accident. Auto insurance, for example, will cover the cost of bicycle accident injuries and injuries caused by another auto accident. Likewise, many employers carry policies to protect them when their employees cause any type of accident. The insurance policy that covers the liable party may greatly impact the compensation you can recover after your New York bicycle accident. In many cases, those policies will contain clear limits that will lay out what compensation the victim can expect and what areas of compensation the policy actually covers. Some policies, including commercial policies, may offer higher-value coverage than others.