CHAPTER2 partners with BikeInsure for USA Bike Insurance Solution

Bentonville, AR. - September 4, 2024 – CHAPTER2, the boutique bike brand of New Zealand, has selected BikeInsure as the company's Official USA Bicycle Insurance partner. BikeInsure offers affordable, opt-in bicycle insurance to protect CHAPTER2 customer's bicycles against the riding, transit, and theft risks that all bike owners face in the United States.

"Cycling accidents happen, and CHAPTER2 offers an industry-standard Crash Replacement program," explained Michael Pryde, Founder and CEO at CHAPTER2. "This program offers a fair discount on a replacement frame, fork, or seatpost, providing valuable reassurance for our customers. Our partnership with BikeInsure in the United States has further enhanced the value proposition for each CHAPTER2 customer by offering comprehensive bike insurance that covers the complete bike build and all non-stock-attached accessories and components. Whether you have a new or used bicycle, you can sign up for BikeInsure, which features a low $100 deductible for riding or transit accidents. To alleviate theft worries, BikeInsure offers optional theft protection with a $250 deductible for a stolen bike claim."

BikeInsure CEO Buzzy Cohn shared, "I take a personal interest in each cyclist who enrolls for bike insurance. I make it a point to welcome them with a call. Customers often express their emotional attachment to their bicycles and e-bikes. They also frequently suggest that BikeInsure should be featured on their bicycle manufacturer's website so the bike brand may raise awareness about the importance of bike insurance and make it more accessible to their customers. As a cyclist who has developed a bike insurance solution to address the financial risk exposure gap in the bicycle marketplace, I find it disheartening to hear cyclists' comments about spending thousands of dollars on their bikes without realizing the need for bicycle insurance. BikeInsure customers are wise to recognize the necessity of protecting their cherished bicycle investment. CHAPTER2 has attentively listened to their client's needs and has responded appropriately in the United States. BikeInsure covers a variety of CHAPTER2 bikes and is excited about insuring many more through the CHAPTER2 x BikeInsure partnership."

"In the United States, home and auto insurance are required. Therefore, many bike owners don't realize the essential need for elective bicycle insurance," said Clive de Sousa, Manager of CHAPTER 2 USA. "We often hear our bicycle customers assume that their homeowner's insurance covers their bike. However, home insurance should be regarded as insurance for the home itself because making personal property insurance claims, even on a scheduled rider for a bicycle, can jeopardize your homeowner's insurance policy by leading to increased premiums and even non-renewal. This is a common misconception that we at CHAPTER2 aim to correct. Bicycle owners in the United States no longer need to worry that a bike accident or theft may lead to their homeowner's policy being cancelled. Our partnership with BikeInsure presents the most effective way to affordably insure a CHAPTER2 bicycle! Furthermore, if there is a claim through BikeInsure, it will not affect any other insurance policy. We are thrilled to offer each CHAPTER2 bicycle owner BikeInsure at CHAPTER2insure.com."

About CHAPTER2 (Chapter2bikes.com)

Chapter2 is an award-winning bicycle company designed in New Zealand, where customer centricity is a top priority. It specializes in high-performance road and gravel bikes. The company creates beautifully crafted framesets that perform at the highest level while maintaining a boutique spirit that makes them personal. The frameset-only business model enables customers to collaborate closely with Chapter2 dealers worldwide to build each desired bicycle with customized specifications, providing a truly intimate and unique experience. Chapter2 was issued the acclaimed "Red Dot Design Award," which noted, "it is designed for maximum speed and achieves an outstanding alliance of functional components with emotionally appealing elements."

About BikeInsure (BikeInsure.com)

BikeInsure is a licensed insurance producer offering affordable bicycle and eBike coverage nationwide in the United States. As the official bike insurance partner of USA Cycling, International Mountain Bicycling Association (IMBA), and USA Triathlon, BikeInsure collaborates with and is underwritten by Great American Insurance Company, which holds an 'A+' rating (Superior) from AM Best. For 152 years, Americans have trusted Great American Insurance Company to protect them and render best-in-class service. BikeInsure's authorized insurers operate in all 50 states and Washington, DC.