Is bike insurance mandatory for people to buy?

It depends on the jurisdiction or country in question. In some places, bike insurance is required by law for all cyclists, while in others it is not. Here is a brief summary of the situation in some major regions:

1. Europe:

- In most European countries, bike insurance is not compulsory. However, some countries have specific regulations for electric bikes, which may require insurance if their speed or power exceeds certain limits.

2. North America:

- In the United States, bike insurance is generally not mandatory. However, some states have helmet laws that require cyclists to wear helmets, and some cities have bike-sharing programs that require users to purchase insurance.

- In Canada, bike insurance is not mandatory at the federal level, but some provinces and municipalities have their own regulations. For example, in Ontario, bike insurance is mandatory for cyclists who use the province's cycling infrastructure, such as bike lanes and trails.

3. Asia:

- In most Asian countries, bike insurance is not mandatory. However, some countries, such as Japan and Singapore, have specific regulations for electric bikes, which may require insurance.

It's important to note that these are general guidelines and regulations can vary at the local level. Additionally, some people may choose to purchase bike insurance even if it is not required, for added protection and peace of mind.