Bike insurance

Because it's not just any bike, it's yours.

Why do more than 300,000 policyholders recommend Luko?

Cheaper

From € XX per month

Comprehensive

Only the guarantees you truly need

Simple

100% online, insured in 2 minutes

What is your bike insured against?

We will reimburse you up to 100% of the purchase price of your bike, if your bike, your lock, or any parts permanently attached to the bike are stolen.

- Up to 100% reimbursement

- Cancel anytime

Learn more
  • Vollkasko

    We cover accident & fall damage; wear and tear on brakes, tires, & tubes; vandalism; operator error; material, production, & design defects - and much more.

What is your bike insured against?

We will reimburse you up to 100% of the purchase price of your bike, if your bike, your lock, or any parts permanently attached to the bike are stolen.

Luko's Bike Insurance reimburses the purchase price of your bike in case of theft or robbery – worldwide.

Do you want it all? With the All Risks add-on, you can also get reimbursed for damage plus wear and tear.

Sum insured

This sum is the maximum value we will pay you in the case of an insured event.
If your bike is under 3 years old, we will refund up to 100% of the purchase price of your bike.
The reimbursement is reduced to a maximum of:

  • 85% in the 4th year;
  • 70% in the 5th year;
  • 55% in the 6th year;
  • 40% of the purchase price from the 7th year onwards.

This is covered

We want you to enjoy riding your bike to the fullest. That's why we insure you against the following events:

  • Theft (also from locked motor vehicles or bicycle carriers) ;
  • Burglary;
  • Robbery;
  • Theft of parts.

This is not covered

There are few exceptions that are not included in this protection. Not covered are, e.g.:

  • Self-built bikes, velomobiles, fully dressed bikes;
  • Bikes for which an insurance or driving licence is compulsory;
  • Bikes with a dealer sales price/insurance value incl. lock of over €10,000;
  • Accessories (e.g. child seat) or other items that are not required for operation.

All Risks damages that will not be reimbursed:

  • Accident and fall damage;
  • Damage due to improper handling;
  • Operating errors;
  • Material, production, and construction defects (after expiry of the statutory warranty period and other warranties);
  • Electronic damage;
  • Wear and tear;
  • Transport accident.

However, you can easily add these exclusions with the Vollkasko add-on.

Do you like hard facts? Then take a look at the full terms and conditions of our Bike Insurance.

Secure your bike against damage & wear

Better safe than sorry – especially when it comes to your bike.

Vollkasko add-on

We cover accident & fall damage; wear and tear on brakes, tires, & tubes; vandalism; operator error; material, production, & design defects – and much more.

We protect your bike against damage and wear, so you can keep riding.

We cover the cost of damage due to the following events (apart from those already covered):

  • Accident & fall damage;
  • Fire, explosion, lightning, storm, hail, flood, avalanche, landslide;
  • Transportation accident;
  • Improper handling/operating errors;
  • Defects in materials, production, & construction after the expiration of the statutory warranty period and other applicable warranties;
  • Wear and tear on brakes, tires, & tubes;
  • Vandalism.

Also included: A yearly bonus of €50 for bike inspection.

Do you love hard facts? Then check out the full terms and conditions of our Bike Insurance.

Check out our terms & conditions

What is covered?

  • The insurance covers the bicycle or e-bike specified in the insurance policy and parts permanently connected to it that serve the function of the bike;
  • The lock used (if specified).

Sum insured and value

  • The sum insured is calculated from the dealer selling price of the
    a) insured bikes at first purchase (purchase of the brand-new bike by the first owner) an
    b) lock (if specified).
  • The replacement value of bikes up to 36 months old is insured. For bikes that are more than 36 months old, the current value is reimbursed on a pro rata basis.

Insured perils

  • Theft (also from locked motor vehicles or bicycle carriers);
  • Burglary;
  • Robbery;
  • Theft of parts.

What is not covered?

These include, for example:

  • Self-built bikes, velomobiles, fully dressed bikes;
  • Bikes for which an insurance or driving licence is compulsory;
  • Bikes with a dealer sales price/insurance value incl. lock of over €10,000;
  • Accessories (e.g. child seat) or other items that are not required for operation.

Are there any cover restrictions?

There are a number of cases where the insurance coverage may be limited. In any case, excluded from insurance cover are, e.g.:

  • Deliberately caused damages;
  • Damage that does not impair the function of the item (e.g. scuffs and damage to the paintwork or other blemishes);
  • Damage caused by war, warlike events, civil war, revolution, rebellion, insurrection, civil unrest, nuclear energy, nuclear radiation, or radioactive substances.

Answers to burning questions

  • Where is my bike insured?

    That’s simple: You have worldwide insurance coverage!

  • Do you need my frame number?

    Yes, please! The frame number is the unique fingerprint of your bicycle and helps us to identify it (in case of an insured event).

  • Am I protected in case of vandalism?

    Unfortunately, Bike Insurance does not cover vandalism on your bike. But just get our Vollkasko add-on! Vandalism is included here.

  • Is the child seat also insured?

    Good question! Generally, we insure all parts that are permanently attached to your bike and are necessary for the operation of the bike (e.g. battery, saddle, handlebars, lights, etc.). The child seat is considered an accessory that does not affect the function of the bicycle. Therefore, it is unfortunately not covered by this insurance.

  • What if my bike was a gift?

    In this case, we will only insure the bike if you can prove that it was given to you as a gift (proof of gift). It must be evident that you are the legal owner of the bike at the time of damage.

  • What happens if my bike is stolen at night?

    We know how annoying that is! If your bike has been stolen at night or is so damaged that you can't continue riding, we will cover the costs of transport or overnight accommodation.

  • Is it really that easy to get coverage from Luko?

    Yes, we are serious. We started Luko because we ourselves were fed up with complicated language, confusing contracts, and paperwork. You can really get covered with us in just a few minutes, view your documents online 24/7, and cancel at any time. Convince yourself!