Abstract
The number of traffic accidents between bicycle and pedestrian has increased in these years, and the cases where a large amount of compensation was claimed to bicyclist are also increasing. Thus, more significant safety measures are required. In order to examine desirable insurance system, current insurance system for bicycle accidents especially liability insurance are investigated. Also, attitudinal survey of bicyclists towards liability insurance are carried out. The results suggest that subscription rate of liability insurance is low, and that insurance companies have withdrawn from the market recently. The results also suggest that the lack of knowledge on the liability insurance and the bias in risk perception of bicycle accidents may be the reasons for the low subscription rate of the liability insurance.
