Your Taipei Community & Guide Forums Expats Q&A YouBike – Insurance Coverage Reply To: YouBike – Insurance Coverage

Derek Wertheim

Yes, I heard of this a few months ago.

Riders of public bicycles in Taipei and New Taipei will enjoy free insurance coverage from June 1, after the two cities secured an insurance company through public bidding to offer the service.

Taipei-headquartered Cathay Century Insurance won a bid opened by the New Taipei City government Monday, which allows the company to sell third-party liability insurance for public bike users in the city at a cost of NT$3.73 million (US$124,600) to the local government.

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