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Rewriting the rules of bike insurance

Available in 🇳🇱 Netherlands, 🇩🇪 Germany, 🇧🇪 Belgium, 🇫🇷 France & 🇬🇧 United Kingdom

Terms and conditions

Last Updated: 1st June 2022

The Laka Promotion Code (the “offer”) is non-transferable and not available in conjunction with any other offer. The following terms and conditions apply to all Laka Promotion Codes as of the date of these terms and conditions.

The offer entitles those customers who satisfy the below Eligibility Requirements to the reward of thirty (30), sixty (60), or ninety (90) days free Laka Cycle Insurance from the moment that the policy is activated. By submitting your payment details, you accept the offer and consent to our Terms and Conditions.

Eligibility Requirements

The promotion is applicable to new Laka customers who satisfy the following criteria (“Eligible Customers”)

  • Do not have an existing policy or account with Laka prior to account creation date.
  • Enter a valid Promotion code upon account creation.
  • Creates a valid Laka account that complies with our Terms of Service.
  • Enters a collective bike value of above £500
  • Policyholder must be over 18+

The Reward

Subject to meeting the Eligibility Requirements as set out above, customers will be entitled to the reward. 

The reward will be applied to the newly created account on the date that your Policy is Activated. If you do not wish to become a paying Laka Customer upon the completion of the offer, you must cancel your policy before the end of the thirty days. 

Termination and Changes

Laka may suspend or terminate the offer or a customer’s ability to participate in it at any time for any reason. 

We receive the right to suspend accounts or remove Rewards if we notice any activity is abusive, fraudulent, or in violation of the Laka Terms of Service. We reserve the right to review and investigate all offer activities and to suspend accounts or modify offers in our sole discretion as deemed fair and appropriate.

Updates to terms

We can update these terms at any time without prior notice. If we modify these terms, we will post the modification on the Laka.co website, applications, or services, which are effective upon posting. Continued participation in the offer after any modification shall constitute consent to such modification.

Choose your cover

Complete Core

Theft

At home and on the go – including mugging or from a vehicle. Your bike, gear and accessories replaced with the latest model.

Included in Complete
Included in Core

Crash & Accidental Damage

You're covered for accidental damage to your bike and accessories, including recovery and repair.

Included in Complete
Not included in Core

Emergency Travel

We include travel home costs after an accident or theft.

Included in Complete
Not included in Core

Licensed Racing

For races that require a valid racing licence, track days and criteriums.

Optional for Complete
Not included in Core

Worldwide Travel

Global cover for up to 120 consecutive days.

Optional for Complete
Not included in Core
Always included

Sportives & Events

Includes sportives, club rides and similar events.

Included in Complete
Included in Core

£0 Excess

No excess to pay on bike claims.

Included in Complete
Included in Core

Bike Rental

Up to £200 towards rental while your bike is being repaired.

Included in Complete
Included in Core

Multi-Bike Discount

Get a discount on extra bikes in the same household.

Included in Complete
Included in Core

Legal Assistance

Cover for legal costs after an accident that wasn't your fault.

Included in Complete
Included in Core

Third Party Cycling Liability Insurance

Comprehensive cover for personal liability when you're out cycling.

Included in Complete
Included in Core

Cycling Discounts

Sweet discounts on cycling gear and goodies.

Included in Complete
Included in Core
Additional products

Health and Recovery

Comprehensive cover for personal liability when you're out cycling.

Optional for Complete
Optional for Core

5 reasons why you want to insure your bike with Laka

  1. 1

    Super fast claims, we're incentivised to settle claims

  2. 2

    No excess on bike claims and no depreciating the value of your bike

  3. 3

    Claims are handled by bicycle experts who understand how your bike works

  4. 4

    No annual subscription locking you in

  5. 5

    Immediate cover, don't pay anything upfront

Two ways to save

Get 30 days of bike insurance free

Whether you're buying a new bike or already have one you love, you can enjoy 30 days of cover for free with Laka.

30 days free

Buying a bike?

Add insurance to your bike purchase

Get Laka bike insurance with your bike purchase from Simple Bike Store and enjoy 30 days of cover for free.

30 days free

Already own a bike?

Insure your current bike

Use code SIMPLE30 when you sign up with Laka and get 30 days of cover for free.

Your code
SIMPLE30

The Collective

Laka's the new, smart way to insure your bike.

Forget everything you know about insurance. Discover our Collective cover. The Collective is a group of enthusiastic cyclists, connected by a common interest: their bikes. At the end of each month, members share the cost of claims.

More about The Collective

What it means to be backed by Laka

Fair, not fixed

We won't charge you a fixed sum. Instead we calculate your monthly contributions up to a maximum amount – based on the Collective's claims.

Top notch claims experience

When stuff hits the fan, we've got you. Claims are handled by experts with no depreciation or excess on bike claims.

Never tied down

We're over 12 month contracts. Meaning if you want to upgrade, add travel or racing, or pause, you can.

Voted the best. By you.

Laka's top-notch claims service is an experience so good, you'll actually want to claim. But don't take it from us. Here's what The Collective have to say.

Facebook Community rating
Google Customer reviews

Just made my first claim and have been amazed at the support and service received. What a refreshing way to insure your bike.

Ryan

Highly recommend – very competitive monthly cost and excellent service when I needed to claim. Laka was one of the reasons I felt comfortable purchasing a new bike.

Feodora

The hype is real. They offer a service that ensures money is spent with reason and empathy.

Valentin