How does the multi-bike discount work?

At Laka, we know that one bike is rarely enough. Whether you have a dedicated commuter, a weekend road bike, and a mountain bike for the trails, we make it easy (and cheaper) to protect all your gear.

To keep things fair for the collective, Laka calculates your monthly contribution based on the value of the gear you are most likely to be riding. Here is how the Laka multi-bike discount is applied to your Policy Schedule:

We offer this discount because you can usually only ride one bike at a time! While all your bicycles are protected against theft at home, the risk of a crash or theft while out riding is generally limited to the specific bike you are currently using. By discounting your additional gear, we ensure you aren't overpaying for coverage you aren't using all at once.

Any bicycle owned by a resident family member (someone who lives permanently at your registered address) falls under the same protection as your own gear. By keeping all the family's bikes on one account, you can take full advantage of the multi-bike discount, which automatically applies to every additional bike you add.

To keep things fair for the Collective, friends or family members who live at a different address are not covered under your policy. For them to stay protected, they should join the Collective with their own Laka account.

There is no need to enter a promo code or contact support. The multi-bike discount is automatically applied as soon as you add a second bicycle. Your monthly cap will update instantly to reflect the discounted rate for your additional gear.