Who Are Laka ?
Laka's collective cover is made especially for cyclists, by cyclists.
Laka has challenged the traditional insurance model with a collective-driven bicycle insurance subscription to make insurance fair, not fixed.
We would like to offer all Ribble customers 30 Days of free cover to protect your ride. You’ll get top-notch cover provided by Laka, who will cover you for theft, damage, loss and more. You’ll be covered as soon as you activate.
Before Laka, cyclists faced long contracts, extensive fine print, and robotic customer service. Laka fixed this with monthly policies and collective pricing, so you only pay for what's needed. There are no upfront premiums, instead, your monthly contributions are based on The Collective's claims, with a capped maximum price. Fewer claims mean lower charges for everyone, and the savings are all yours.
Why Choose Laka?
Both Complete and Core plans provide zero excess, no depreciation, and flexible coverage. Laka’s in-house 5-star claims team handles all claims, ensuring you get top support when you need it.
Both plans include valuable coverage:
Theft protection for your bike and accessories, whether at home or on the go, with replacements provided for the latest models. Legal assistance for legal costs if pursuing a personal injury case after an accident that wasn’t your fault, whether caused by a driver or a pothole. Third-party liability insurance for protection if you accidentally cause damage or injury while cycling. Laka Complete goes further, covering sportives, club rides, and non-licensed racing events, including triathlons, gravel races, and time trials, with events like RideLondon and the Dirty Reiver all included.
Need additional travel or competitive racing coverage? With Laka Complete, you can activate a flexible travel & racing add-on when you need it.
Best of all, you can move between cover levels with Laka, ensuring the right protection for your needs — safeguarding you, your bike, and your wallet.
The Laka Difference
Laka offer fair, flexible pricing tailored to your needs. Your monthly contributions depend on The Collective's claims, with no upfront premiums, aligning their interests with yours. Flexible cover lets you switch options as needed, avoiding long-term contracts. As a community-focused insurer, Laka prioritises cyclists and aim to get more people on bikes.
Their inclusive collective supports members, ensuring everyone looks out for one another. With expert claims handling and no depreciation or excess, they quickly get you back on your bike. Being named the "Best Cycle Insurance Provider" for six consecutive years.
FAQs
Laka have shredded the rules of insurance to stand with their customers, not against them - but what does this actually mean? Rather than being charged a fixed premium and tied in for 12 months, your cover is set at a maximum amount per month. However it can come in less than that because it based on the claims that were settled in the previous month. You are retrospectively charged so you are literally covering yourself and getting other riders back on their bikes. Laka only make money, when they pay out on claims! You receive a statement at the start of the month with a summary of your fee for the previous month. Doing it this way is not only fairer but also aligns the interests of Laka with you, the rider. It also means Laka don’t tie you in for a full year - you can go in to your account and pause, cancel or adjust cover (up or down) whenever you like and to suit your needs.
As with all insurance there are some rules you need to follow. You should always check your policy wording for exact details but put simply, if you are leaving your bike unattended, you need to attach it to a secure object with a Sold Gold Secure bike lock. If you are out on the road and making a quick cafe stop, don’t worry! You don’t have to lug your lock around with you, as long as you can see your bike and it is close to you, you are covered. Be sure to check the specific cover limitations and requirements before hitting the road! (and the Laka crew are always happy to help if you have questions)
Lots of people are put off by specialist bike insurance as they have already added their bike to their home insurance policy. Whilst home insurance bike cover might provide some protection, it’s certainly not a huge win for people who love their bike. A few things to think about: 1. Claiming can affect your premium at the point of renewal. With Laka customers only pay the true cost of claims each month and your prices aren’t put on renewal even if you claim! 2. There could be a max value restriction which can limit how much you can cover. This can become tricky when you start adding all your bikes! With Laka you can insure bikes up to £15,000 and collections of up to £30,000 with £2,000 additionally for accessories. You also get a multi-bike discount! 3. Cover for accidental damage - theft isn’t the only concern, with Laka complete you are also covered for accidental damage whether it be a pothole or you get caught up in an accident!