How does Vapaus' bike insurance work?

Your benefit bike is automatically insured from the day it's delivered to you. 

What does benefit bike insurance cover?

For theft or vandalism to be covered, your bike must be locked.
Vapaus' insurance protects you against:

• Theft of a locked bike — anywhere in Finland or abroad
• Vandalism — damage to a locked bike
• Accidents — falling, running off the road, or colliding with a vehicle, person, or object

How much is the insurance deductible?

When an insurance claim is filed, you'll pay a deductible. The amount depends on your employer's benefit bike guideline:

• Most common: 240-260€ per claim
• Some employers: Deductible varies (0€, 150€, or 340€) — check your Benefit bike guideline
• How you pay: Either directly to Vapaus, or deducted from your salary (we'll let you know)

Can I insure a bike that costs more than my employer’s limit?

If you lease a bike that exceeds your employer's maximum benefit package price, you've paid a downpayment. It is possible to insure the amount going over the limit.
More info: Downpayment insurance

How do I make an insurance claim?

Submit the insurance form: Insurance form.
Add all relevant information so we can process the claim smoothly. 

• For theft: a police report confirmation. How to file a police report?
• For accidents: photos of the bike and, if a third party was involved, their details.