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People

Velosure Offers Sydney Residents Free Bicycle Insurance

Sydney, we’ve got you covered for 30 days

With new lockdown measures announced in Sydney in late July, we wanted to show our appreciation for our hometown. Sydney residents who have purchased a new bike may be eligible for no-cost, obligation-free Velosure Premium bicycle insurance cover (with certain benefits not available) for 30 days.

“While we offer bicycle insurance across Australia, Sydney is very close to our hearts,” says Velosure Chief Executive Officer Theo Grobler. “Velosure was founded in Sydney in 2008, so this city has been our home for over a decade. We saw an opportunity to take care of our community when the latest lockdown was announced.”

Co-Founder Aryna Edwards agrees, “Along with the physical and mental burden of living through these times, many people have been forced to scale back. In a scenario where someone is under financial strain, having their bike stolen or damaged is very emotional. It takes away a lifeline to safer commuting and socially distant exercise, so we wanted to give people one less thing to worry about.”

As citizens turned to safer ways to exercise and commute, cycling and e-bikes have experienced a massive boom in Australia since 2020, but this change in behaviour is likely to continue long after the current lockdown.

The government agency Transport for New South Wales announced a long-term plan for six new cycle links throughout Sydney in Pyrmont, the CBD, Paddington/Moore Park, Rosebury, Alexandria/Erskineville and Eveleigh, enabling a future with heightened infrastructure that could permanently transform the ways Sydneysiders commute and exercise.

Why bicycle insurance is so important

Unfortunately, this newfound demand does come with some unexpected downsides for cyclists. 

The high demand for bicycles and e-bikes, along with an increased number of cyclists on the roads, naturally leads to higher incidents of theft, damage and crashes – but with bicycle insurance, everyone from casual commuters to serious cyclists can ride with peace of mind knowing that their bike is protected for 30 days.

Some of our insurance coverages under the 30 days free cover include:

  • Cover for theft from and away from home
  • Cover for accidental damage
  • Transit cover
  • Bicycle rack cover
  • Personal accident cover 

How to activate this offer

Sydney residents can activate their free 30-day bicycle insurance* by clicking here.

If you have any questions, call us on 1300 83 5678, or email us at CustomerCare@Velosure.com.au.

About Velosure

Founded by Theo Grobler and Aryna Edwards in Sydney in 2008, Velosure has enabled Australians to ride with peace of mind with specialised bicycle insurance for coverage against theft, damage, and accidents for over a decade.

*Eligibility criteria and Terms and Conditions apply. You should read the Terms and Conditions of this offer which can be found here. Offer may be varied or withdrawn by Velosure at any time. 

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