Yes. Coverage is typically assembled from: (a) CGL for third‑party injury/property damage arising from operations, (b) an equipment or inland marine floater for physical loss to the bikes/batteries, and (c) optional Business Interruption if a covered property loss shuts you down. Terms differ by insurer and policy wording. Start with our guides to CGL and BI.

Commercial use includes courier/delivery, facility or campus operations, mobile technicians, guided tours, rental or sharing fleets, and employer‑provided bikes. Personal riding (commuting/leisure) is typically rated differently and usually placed under personal lines. Tell your broker how and where bikes are used; usage drives underwriting and coverage form selection.

Both models exist. “Scheduled” lists each unit with make/model/serial and value—best when the fleet is stable and higher value per unit. “Blanket” sets a single limit across many bikes—useful for frequently changing fleets. Deductibles, theft conditions (e.g., approved locks, indoor storage), and valuation (replacement cost vs. ACV) will apply.

A bordereau is a periodic (often monthly) report used to add/remove bikes and reconcile premium. Common fields include unit ID/serial, make/model, purchase date and cost, current replacement cost, battery type/capacity, storage address, security measures, and in‑service/out‑of‑service dates. Accurate bordereaux keep coverage aligned with your real fleet and control premium leakage.

Many insurers prefer or require evidence of recognized electrical safety standards for e‑bikes and batteries. Frequently referenced benchmarks include UL 2849 (e‑bike electrical systems) and UL 2271 (light electric vehicle battery packs). Keep spec sheets and OEM documentation on file; underwriters often review charging procedures, storage separation, and state of charge practices as part of risk controls.

Provinces and some municipalities define where and how power‑assisted bicycles may operate (e.g., equipment requirements, speed assist limits, helmet/age rules). Insurance eligibility and pricing assume you comply with local law. Summit serves Canadian provinces outside Quebec; verify provincial/municipal requirements where you operate and brief your broker on each location.

BI can replace income and fund extra expense after a covered physical damage loss (e.g., fire at your depot) that causes downtime. It does not usually respond to pure theft of a bike unless theft is part of a larger insured property loss that triggers BI. Confirm your waiting period and indemnity period. See Summit’s BI overview.

CGL protects your business from third‑party claims; it does not cover employee injuries. For staff, look to provincial workers’ compensation where required and consider group benefits/accident solutions for medical and income support. Summit’s brokers coordinate liability and benefits so coverages don’t leave gaps between policies.

Yes. We issue COIs for marketplaces, property managers, and enterprise clients (e.g., additional insured, waiver of subrogation where available). Share the exact contract language and any required limits. Our team prioritizes fast turnaround so your riders can onboard and access jobs without delays. Contact us via Contact Summit.

Expect requests for: fleet list (make/model/serial/value), storage/charging protocols, lock specifications, GPS/telematics, rider training program, operating territories, loss history, contracts/COI requirements, battery specs and handling SOPs, and for larger fleets, a sample bordereau template. Strong controls support broader coverage options and better pricing.