Cyclists may Secure Bike Insurance as Easily as Smartphone Coverage.
Cyclists May Secure Bike Insurance as Easily as Smartphone Coverage.
BikeInsure, an insurtech company, has innovated a process that allows a cyclist to obtain bike coverage with optional theft protection for a bicycle as easily as it was to get for your smartphone, in just a few minutes, all from BikeInsure.com. Today's expensive bikes require a standalone insurance coverage policy to provide you with protection. BikeInsure reimburses you for repairs to your insured bicycle and listed accessories due to accidents when riding. Coverage continues during transit of the scheduled bike and extends to a stolen bike when optional theft protection is selected.
"While cycling is safe, accidents do happen, but I never thought it would happen to me," said Buzzy Cohn, CEO of BikeInsure. "My bike accident resulted in a destroyed road bike. I couldn't imagine how an accident could cost so much money and possibly prevent me from continuing the simple joy of riding my bicycle. Unfortunately, my homeowner's insurance had a large deductible, exposed my policy to cancellation, and there was the realization that a claim could cause my premium to jump significantly. I researched bike insurance but realized a standalone product with real value and reasonably priced coverage was unavailable. "BikeInsure is the solution for cyclist bike insurance, "enjoy the ride. you're covered."
Underwritten by Great American Insurance Company, rated "A+" (Superior) by AM Best, our innovative insurance solutions and specialization serve the niche bike marketplace. Cyclists in the United States can get coverage at BikeInsure.com. In addition, BikeInsure partnership opportunities are available for bike manufacturers, bike shops, cycling events, and other bike distribution channel companies. Together we may meet our bike customers where they desire to procure their favorite cycling goods and services to assure "peace of mind" coverage.
