articles link to it . please introduce links to this page from related articles ; try the find link tool for suggestions . february 2014 velosurance type insurance owner david williams website velosurance.com velosurance is a bicycle insurance program managed by velosure inc and underwritten by markel american insurance company 1 rated a by am best company . 2 velosure inc. dba velosurance was founded in august 2012 in florida by dave williams and denis voitenko both avid cyclists . the company insures bicycles of clients across the u.s. 1 contents 1 history 1.1 foundation of the company 1.2 growth 1.3 description 1.4 reception 2 references 3 external links history edit foundation of the company edit dave williams was a general insurance agent for 18 years . as an avid mountain biker he had noticed that cycling was gaining popularity and high end bicycles were getting more expensive while losses went largely unpaid by any insurance . he saw an opportunity to sell insurance to cyclists . williams has sought advice on web application development from a fellow cyclist denis voitenko who is also a founder of firm idea an it consulting firm . the two agreed to form a partnership where williams would serve as the ceo and voitenko as the cto of the company . velosure inc. dba velosurance was incorporated in august 2012 . 3 growth edit initially focusing on insuring road cyclocross and mountain bikes velosurance soon added insurance options for commuter bicycles recumbent bicycles and tricycles . 4 in december 2013 velosurance started offering insurance coverage for electric assisted bicycles . 5 description edit in contrast to other means of insuring a bicycle homeowner s and renter s insurance velosurance offers a multi risk stand alone insurance policy that covers the bicycle away from home allowing cyclists to insure their bikes for a multitude of risks with no depreciation . 1 each velosurance policy is customized for the client and includes coverage protection on all type of bicycles for loss caused by theft crash collision fire attempted theft vandalism or hitting another object . in addition coverage of spare parts cycle apparel borrowed bicycle event fee reimbursement and rental reimbursement are included at no additional cost . 1 optional coverage choices include medical payments bicycling liability vehicle contact protection roadside assistance and if needed world wide coverage . velosurance has partnered with local bike shops throughout the usa to provide its policyholders with service when a damaged bike needs repair or replacement . trusted partners also assist velosurance clients during the insurance claim claims process when bicycle inspection and repair estimates are required . reception edit velosurance has been well received by insurance conscious cyclists and cycling communities such as slowtwitch 6 and bikerumor . 7 velosurance was featured in major news publications such as yahoo finance 1 daily finance 8 and insurance journal 9 references edit a b c d e yahoo finance velosurance policies are underwritten by markel insurance company bests credit rating center rating a excellent sunbiz.org business details date filed 08 23 2012 bentridedonline community nj.com new jersey news velosurance offers insurance for electric assisted bicycles and their riders slowtwitch insurance for your bicycle bikerumor velosurance protects your bike daily finance insurance journal florida insurer to offer electric bicycle coverage external links edit velosurance official website retrieved from https en.wikipedia.org w index.php title velosurance & oldid 640362375 categories 2012 establishments in floridacompanies established in 2012insurance companies based in floridahidden categories orphaned articles from february 2014all orphaned articlesarticles created via the article wizard navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 31 december 2014 at 09 43 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view