No deductible. No depreciation. No worries.
BikeFinder, a leader in bike tracking with a device combining multiple signal technologies, is pleased to announce a new insurance partnership with Berkley for the Nordic countries and Germany. This collaboration marks a major step in BikeFinder’s mission to offer cyclists comprehensive theft protection — now with unmatched value.
Berkley’s bike insurance is offered as an optional complement, specifically designed to work alongside the BikeFinder tracker. With over 80% of stolen bikes recovered when a BikeFinder is installed, claims remain low — allowing BikeFinder to offer industry-leading anti-theft security at a competitive price.
This level of coverage is unique in the market
- No deductible – customers pay nothing out of pocket in the event of a theft.
- No depreciation – customers are reimbursed the original purchase price, regardless of the bike’s age (up to €13,000).
- Global coverage – worldwide protection in case of theft, unlike most standard policies.
“In the event a bike isn’t recovered, our customers won’t pay anything out of pocket. They get back what they paid for their bike — quickly and without the complications that often come with traditional insurance setups.”
– Katrine Pauwels, Regional Director of Marketing & Communications at BikeFinder
About BikeFinder
BikeFinder is a Norwegian technology company based in Stavanger. The company is dedicated to developing and producing world-leading innovative tracking solutions. The BikeFinder solution is used in 45 different countries worldwide and is the only solution on the market with proven results in the fight against bike theft. In addition to its bike tracker, BikeFinder offers theft insurance from Berkley for comprehensive theft protection with tracking and insurance in one.
About Berkley
Berkley is part of the W. R. Berkley Corporation, a Fortune 500 company and one of the world’s leading providers of property and casualty insurance. With a strong presence across Europe and a reputation for financial strength, flexibility and customer-focused service, Berkley offers tailored insurance solutions through a direct insurer model. The insurance offered with BikeFinder is specifically designed to work alongside the tracker, making it a highly valuable and cost-effective solution.
