Firefox Bikes have tied up with Future Generali to insure your cycle from theft. With expensive bikes becoming more and more popular in the country, it was necessary to secure oneself from theft. Though it is not clear, whether insurance can be got for theft and accident or only theft.

Firefox bikes has come up with cycle insurance by tying up with Future Generali which lets you cover your valued cycling possessions against the unforeseeable.

Owning a bicycle is a sensible and economic decision, and not to mention, it is also a convenient way to beat the heavy and congested city traffic. It is easier to navigate a bicycle as compared to navigating a car, and bicycle can also be used at anytime of the day without having to think about its size and maneuverability in the traffic.

With the increasing pollution across the country, people have chosen to be smarter and drop the petrol and diesel vehicles. Opting for a bicycle over a car is beneficial in all ways, be it health or economic betterment just choosing a bicycle over other vehicles does it all.

With such a large number of people actually dropping their luxurious cars and choosing bicycles for a cleaner environment comes a great responsibility for bike brands to up their services and provide security for the bikers.

With this thought, Firefox has initiated cycle insurances to protect the loss of customer in case of theft and in turn give the riders mental peace. Firefox being a brand with high end premium bikes, is always at risk of theft. To eliminate such events and give the riders a tension free environment the insurance works. The insurance covers the bike for 3 years for theft.

The market size is growing gradually as people are getting more aware about the benefits of bike insurance. Every bike above Rs. 10,000/- should be insured in order to avoid theft cases. The estimate number of cycle insurance done till date is approximately 4500.

Mr. Shiv Inder Singh, CEO, Firefox Bikes said, “As the government of India promotes the residents to use environment friendly vehicles like bicycles, electronic scooters etc through campaigns like Odd/Even and Car free day, It is our responsibility as a brand to provide our customers the best product as well as the finest cover for them to be mentally secure. We have done approximately 4500 bikes insurances till date.

“With addressing so many cases of theft in the country, it was our major concern to serve our customer with an insurance that could keep the bikes secure and the Riders tension free. The best part about this initiative is that we are providing insurance for all the models. ”

Mr. Ajit Gandhi, Marketing Head, Firefox Bikes said, “It is a huge initiative by Firefox in terms of product security for the customers. All the riders will now have mental peace as they will be covered with insurance. On the other hand this initiative will benefit the sales of the brand. ”

Previously as well, Firefox bikes had provided insurance for their cycle owners