GAITHERSBURG, Maryland, July 6, 2022 /PRNewswire/ — BikeInsure, an insurance company specializing in bicycle coverage for cyclists in the United States, today announced that every bicycle owner across America now has access to its standardized bicycle insurance. BikeInsure has introduced an innovative process that allows a cyclist to get bike cover with optional bike theft protection as quickly as it was for your smartphone, in just minutes, all from BikeInsure.com.
Today’s expensive bikes require a separate insurance policy to provide you with protection. BikeInsure reimburses you for repairs to your insured bike and listed accessories due to incidents while riding. Coverage continues during the intended bike’s transportation and extends to a stolen bike when additional theft protection is selected.
“Even though cycling is safe, accidents happen, but I never thought it would happen to me,” said Buzzy Horse, 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 bike. Unfortunately, my home owner’s insurance had a large deductible, exposed my policy to cancellation, and I realized that a claim could cause my premium to go up significantly. I researched bike insurance, but found that a stand-alone product with real value and reasonably priced coverage wasn’t available.” BikeInsure is the bike insurance solution for cyclists, ‘enjoy the ride. You’re insured.’®
Underwritten by Great American Insurance Company, rated “A+” (Superior) by AM Best, our innovative insurance solutions and specialization serve the bicycle niche market. Cyclists in United States you can get coverage at BikeInsure.com. In addition, BikeInsure partnership opportunities are available to bicycle manufacturers, bicycle shops, cycling events and other bicycle distribution channel companies. Together we can meet our customers on bikes where they wish to purchase their favorite cycling goods and services to provide ‘peace of mind’. For partnership opportunities, please visit here.
BikeInsure uses e-commerce technology to transform the way cyclists sign up United States buy and try bike insurance to make it easy and affordable. Licensed insurance producer BikeInsure administers the insurance plan underwritten by carrier Great American Insurance Company, an authorized insurer in all 50 states and Washington.
About Great American Insurance Group
Great American Insurance Company has been rated “A” (Excellent) or better by AM Best Company for more than 110 years (most recent “A+” (Superior) rating confirmed December 3, 2021). Members of Great American Insurance Group are subsidiaries of American Financial Group, Inc. (AFG), also based in Cincinnati, Ohio. AFG common stock is listed and traded on the New York Stock Exchange under the symbol AFG.
Coverage is summarized. Please refer to the actual policy for a complete description of the applicable terms, conditions, limitations and exclusions. Policies are underwritten by Great American Insurance Company, 301 E. Fourth St., Cincinnati, Ohio 45202.
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