About Bikmo Cycle Insurance
Bikmo cycle insurance is designed to protect a wide range of bikes—from road bikes to mountain bikes, e-bikes or city bikes—and it truly stands out in the non-life insurance industry. Specialist cycle insurance for cyclists, built by cyclists, offers comprehensive coverage without all the fuss. Riders enjoy the peace of mind of knowing that their bike is insured for the value it’s worth—without any depreciation worries—and that gear, accessories, and kit are included under the same cover. This policy is simple, straightforward, and made for those who care about the places they ride… ensuring that every journey is safeguarded.
Key Benefits of Bike Insurance
Some of the standout benefits of this cycle insurance include:
- From £3.73 per month pricing
- 50% discount on additional bikes
- 25% discount for e-bike cover
- No small print – cover is provided for the insured value, with equipment insured at £250 or 10% of the insured value
- No hidden costs – one transparent price with no admin fees
- No penalties when a claim is made and plenty of coverage even when away from home
- Extras like 365-day worldwide cover, up to £2 million public liability, and 24/7 cycle hangar parking
Comprehensive Protection for Cyclists
Bikmo cycle insurance provides extensive coverage designed specifically for cyclists. Whether it is theft, accidental damage, or vandalism, the protection is robust. Riders benefit from a policy that ensures coverage for both the bike and additional items such as clothing, accessories, and headgear. The terms are clear: there are no hidden fees and no penalties when claims are made. Casual yet comprehensive, the policy even covers events like road, criterium, and circuit racing, with features such as event fee cover and replacement bike hire if needed. This means that a snapped frame or a stolen wheel, even miles from the nearest station, is taken care of—pretty impressive indeed.
Inclusive Coverage for Your Gear
The policy goes beyond just the bike to include essential gear and accessories. In everyday language: snapped frame? Stolen wheel? Don’t worry—taxi fees in the event of an emergency are covered, so getting home safely is not an extra expense. Even if potholes damage the forks or a derailleur is harmed during transit, the insurance has got it sorted. The comprehensive plan extends to covering kit of up to £250 or 10% of the insured value for clothing, accessories, and headgear. It’s a holistic approach that ensures cycling, in all its adventurous forms, stays protected whether on the road, out on a circuit, or even overseas.
Multiple Bikes Made Easy with Transparent Pricing
Another key feature is the flexibility offered for households with more than one bike. The policy is designed so that insuring multiple bikes means not only protecting every ride but also benefiting from a 50% discount on additional bikes—the highest value bike is charged at full price. This clear and transparent approach means there’s no splitting hairs over small print or hidden costs. In essence, the focus is on insuring the bike rather than the rider, making it simple for families or groups of cyclists to get comprehensive cover under a single policy. It’s a practical choice that embraces simplicity and fairness in pricing.
Project Impact
- SDG 3: Good Health and Well-Being – promoting active lifestyles through safe cycling
- SDG 11: Sustainable Cities and Communities – encouraging eco-friendly travel options
- SDG 13: Climate Action – reducing carbon footprints by supporting cycling as transport
- SDG 12: Responsible Consumption and Production – transparent pricing and fair coverage practices
- SDG 9: Industry, Innovation and Infrastructure – advancing insurtech through innovative insurance solutions
Trusted, Transparent, and Sustainable
Bikmo’s commitment is reflected not only in its comprehensive cycle insurance cover but also in its strong social and environmental ethos. With a B Corp score of 96.7, the project demonstrates unwavering dedication to sustainability and social responsibility. Riders are assured that all aspects of their insurance, from theft and accidental damage to personal accident cover and event fees, are managed transparently. The policy even extends to include benefits like returning home cover, cycle hangar parking, and alternative cycle hire, making each ride as secure as possible. The support team—comprised entirely of cyclists—ensures that assistance is both expert and empathetic. This blend of innovation with straightforward, human-focused service creates an insurance solution that truly rides above the rest.
