For subscription bikes, we offer theft insurance in the case the bike is stolen.
To be eligible for insurance the bike theft must be reported to Baas Bikes within 24 hours of the customer filing a police report.
The customer must present the police report to Baas to be eligible for a new bike.
After the customer pays a deductible of $50, Baas will give the customer a new subscription bike.
If the customer does not notify Baas Bikes of the theft within the 24 hour period, customer is liable to pay Baas Bikes $450 to cover the cost of the bike and the lock.
Baas does not offer insurance for bikes that have been purchased out-right.