What is Laka?
Laka is a revolutionary bike insurance provider built for cyclists by cyclists. Unlike traditional insurance companies, Laka operates on a community-based model, meaning you only pay for what’s necessary. Claims are settled quickly and fairly, and at the end of the month, costs are shared among Laka members. This transparent system ensures no profits are made from claims, putting riders at the center of the process.
What types of insurances does Laka offer?
Laka provides a variety of insurances tailored to meet the diverse needs of cyclists. Here’s an overview of their offerings:
1. Bicycle Insurance
Protects against theft, accidental damage, and vandalism for all types of bikes:
- Urban Bikes: Coverage for theft and damage, ideal for commuters.
- Road Bikes & Mountain Bikes: Additional protection for sports enthusiasts who encounter tough terrains or high-value repairs.
- E-Bikes: Comprehensive coverage for theft and battery damage.
2. Cargo Bike Insurance
Tailored for cargo bike owners, ensuring both the bike and its additional components are protected from theft and damage.
3. Accessories Insurance
Covers bike accessories such as helmets, locks, panniers, and lights.
4. Personal Accident Insurance
Provides financial assistance in case of injuries sustained while cycling, including medical expenses, loss of income, and rehabilitation costs.
5. Liability Insurance
Protects against third-party claims for damage or injury caused while riding your bike.
6. Travel Insurance for Cyclists
Specialized coverage for bikes while traveling abroad, ensuring your adventures are stress-free.
Why choose Laka Bike Insurances?
- Community-Driven Model: You only pay for what’s necessary, with no hidden fees or inflated premiums.
- Comprehensive Coverage: Protects against theft, accidental damage, vandalism, and more.
- Fast Claims Process: Claims are resolved quickly, ensuring you get back on your bike as soon as possible.
- No Excess: Unlike traditional insurance, Laka has no excess fees.
- Affordable Pricing: Starting from as low as €5 per month, Laka offers competitive pricing for peace of mind.
Starting Prices for Laka Insurances
Laka offers flexible pricing depending on the bike type, coverage, and optional add-ons. Here are some starting prices:
- Urban Bikes: From €5/month
- Road Bikes & Mountain Bikes: From €8/month
- E-Bikes: From €10/month
- Cargo Bikes: From €12/month
Note: Final costs depend on the value of your bike and additional coverage options.
What is covered in Laka's bike insurance policies?
Laka ensures your peace of mind with extensive coverage. Below are detailed tables outlining what is and isn’t covered.
| Covered | Not covered |
|---|---|
| Theft (with proper lock use) | Theft without an approved lock |
| Accidental damage | Normal wear and tear |
| Vandalism | Damage caused by negligence |
| Fire damage | Damage from improper storage |
| Battery damage (for e-bikes) | Malfunction due to manufacturer defects |
| Coverage abroad (up to 120 days) | Unregistered bikes |
Frequently asked questions about the Laka bike insurance
View answers to the most frequently asked questions about Laka bike insurances here.
No, Laka has no excess fees, ensuring you don’t have to pay extra when making a claim.
Claims are typically processed within 48 hours, allowing you to get back on the road without delay.
Yes, Laka allows you to insure multiple bikes under one account.
If there are no claims, you pay nothing. Laka’s community model ensures fair pricing.
Yes, bikes are covered for up to 120 days abroad in most European countries.
