Bikmo for Business - Retail Quote

1
Your name* This field is required.
First Name
Last Name
2
Your Email address* This field is required.
example@example.com
3
Your Phone number* This field is required.
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Company name* This field is required.
5
How did you hear about our Bike Shop insurance?
We're an existing partner retailer
Referral from another business
Referral from a customer
Met us at an event
bikebiz advertising
LinkedIn
Direct marketing
Press article
Googled it
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When is your renewal next due?
Date
Day
Month
Year
7
Shop location* This field is required.Let us know whereabouts in the UK we will find you. If you have more than one store it would be best for us to talk through your insurance - you can book a time to chat here.
Street Address
Street Address Line 2
Town/City
County
Post code
Please Select
Please Select
United States
Afghanistan
Albania
Algeria
American Samoa
Andorra
Angola
Anguilla
Antigua and Barbuda
Argentina
Armenia
Aruba
Australia
Austria
Azerbaijan
The Bahamas
Bahrain
Bangladesh
Barbados
Belarus
Belgium
Belize
Benin
Bermuda
Bhutan
Bolivia
Bosnia and Herzegovina
Botswana
Brazil
Brunei
Bulgaria
Burkina Faso
Burundi
Cambodia
Cameroon
Canada
Cape Verde
Cayman Islands
Central African Republic
Chad
Chile
China
Christmas Island
Cocos (Keeling) Islands
Colombia
Comoros
Congo
Cook Islands
Costa Rica
Cote d'Ivoire
Croatia
Cuba
Curaçao
Cyprus
Czech Republic
Democratic Republic of the Congo
Denmark
Djibouti
Dominica
Dominican Republic
Ecuador
Egypt
El Salvador
Equatorial Guinea
Eritrea
Estonia
Ethiopia
Falkland Islands
Faroe Islands
Fiji
Finland
France
French Polynesia
Gabon
The Gambia
Georgia
Germany
Ghana
Gibraltar
Greece
Greenland
Grenada
Guadeloupe
Guam
Guatemala
Guernsey
Guinea
Guinea-Bissau
Guyana
Haiti
Honduras
Hong Kong
Hungary
Iceland
India
Indonesia
Iran
Iraq
Ireland
Israel
Italy
Jamaica
Japan
Jersey
Jordan
Kazakhstan
Kenya
Kiribati
North Korea
South Korea
Kosovo
Kuwait
Kyrgyzstan
Laos
Latvia
Lebanon
Lesotho
Liberia
Libya
Liechtenstein
Lithuania
Luxembourg
Macau
Macedonia
Madagascar
Malawi
Malaysia
Maldives
Mali
Malta
Marshall Islands
Martinique
Mauritania
Mauritius
Mayotte
Mexico
Micronesia
Moldova
Monaco
Mongolia
Montenegro
Montserrat
Morocco
Mozambique
Myanmar
Nagorno-Karabakh
Namibia
Nauru
Nepal
Netherlands
Netherlands Antilles
New Caledonia
New Zealand
Nicaragua
Niger
Nigeria
Niue
Norfolk Island
Turkish Republic of Northern Cyprus
Northern Mariana
Norway
Oman
Pakistan
Palau
Palestine
Panama
Papua New Guinea
Paraguay
Peru
Philippines
Pitcairn Islands
Poland
Portugal
Puerto Rico
Qatar
Republic of the Congo
Romania
Russia
Rwanda
Saint Barthelemy
Saint Helena
Saint Kitts and Nevis
Saint Lucia
Saint Martin
Saint Pierre and Miquelon
Saint Vincent and the Grenadines
Samoa
San Marino
Sao Tome and Principe
Saudi Arabia
Senegal
Serbia
Seychelles
Sierra Leone
Singapore
Slovakia
Slovenia
Solomon Islands
Somalia
Somaliland
South Africa
South Ossetia
South Sudan
Spain
Sri Lanka
Sudan
Suriname
Svalbard
eSwatini
Sweden
Switzerland
Syria
Taiwan
Tajikistan
Tanzania
Thailand
Timor-Leste
Togo
Tokelau
Tonga
Transnistria Pridnestrovie
Trinidad and Tobago
Tristan da Cunha
Tunisia
Turkey
Turkmenistan
Turks and Caicos Islands
Tuvalu
Uganda
Ukraine
United Arab Emirates
United Kingdom
Uruguay
Uzbekistan
Vanuatu
Vatican City
Venezuela
Vietnam
British Virgin Islands
Isle of Man
US Virgin Islands
Wallis and Futuna
Western Sahara
Yemen
Zambia
Zimbabwe
Other
Country
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Annual Turnover (next 12 months)* This field is required.
9
Number of employees
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Is your Annual Wageroll below £500,000?* This field is required.The combined total paid each year to all staff members.
YESNO
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Annual WagerollEnter total amount paid annually in wages. If unsure please estimate.
12
Any losses in the past 5 years (whether insured or not)?* This field is required.
YESNO
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Please provide details of all losses you have suffered in the previous 5 years.Include dates, circumstances, financial loss suffered, and details of any risk improvements subsequently implemented.
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Large
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Ok
Ok
14
Your quotation will be subject to the following material statements about you being true. Can you confirm these are all true?* This field is required. You are not aware of any potential claim or loss from the dishonesty or malice of any employee. You have not had any insurance or proposal cancelled, withdrawn, declined or made subject to special terms. You have not been declared bankrupt or become insolvent or made any voluntary arrangement with creditors or been subject to enforcement of a judgement of debt either in a personal capacity or as a business. You have not been convicted of or charged with any offence (other than a motoring offence) which has not been spent under the Rehabilitation of Offenders Act 1974.
YESNO
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Please provide full details of the material circumstances applicable which meant you could not comply with all the previous statements.
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Ok
Ok
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Your Activities: Which of the following services do you offer?* This field is required.Select all the activities that you are involved in, and select Other as well if there's something unusual not already listed.
Traditional Sales & Online Sales
Servicing/Repairs
Hire/Demo
Custom Builds/Design
Bike Fitting
Maintenance Classes
Sports/Fitness Coaching
Travel/Tours Organising
Events/Sportives
Food & Drink/Cafe
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Your Activities (Sales): What proportion of your annual turnover is generated from Traditional & Online Sales?Please select from the following options.
50% or higher
Between 25-49%
Between 5-24%
Less than 5%
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Your Activities (Servicing/Repairs): What proportion of your annual turnover is generated from Servicing/Repairs?Please select from the following options.
50% or higher
Between 25-49%
Between 5-24%
Less than 5%
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Your Activities (Other): Please confirm what additional activities account of the selection of OtherPlease include an idea of what proportion of your annual turnover is generated from these extra activities
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Ok
Ok
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Building: Are you responsible for insuring the building for reinstatement?* This field is required.
Yes
No
Unsure
21
Building: Building reinstatement valueThis should be an accurate representation of the cost to rebuild the premises from scratch - it is not the market value. The potential ramifications of underestimating this value on any insurance you take out could be significant, you may not receive the support you were expecting. If you are in any doubt at all over the accuracy of this figure you should seek the professional guidance of a RICS accredited surveyor - we can provide recommendations on low-cost trusted survey options on request.
22
Building: Do you require another party's interest to be included within the building section of cover?This may include mortgage companies, freeholders, property owners, property managers.
YESNO
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Building: Please confirm the name(s) of those we should include as interested parties, and confirm the nature of their interest in the property.
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Ok
Ok
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Building: Have you made any improvements to the building?Consider the investment you have made into the building that you would not be able to take with you if you relocated to alternative premises.
YESNO
25
Building: How much would it cost you to replicate these improvements?Consider the investment you have made into the building that you would not be able to take with you if you relocated to alternative premises.
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Building: Your quotation will be subject to the following material statements about your premises being true. Can you confirm these are all true?* This field is required. The buildings are built only with standard construction materials (external walls constructed of brick, stone or concrete and roofed with slates, tiles or profile metal). No part of the building's roof is flat. Your premises is self-contained (under the sole control of your business). The premises has never flooded, and is not within 250m of any flowing body of water. The buildings are free from cracks or other signs of damage that may be due to subsidence, landslip or heave, and have not previously suffered damage by any of these means and are not in a known subsidence area. The premises is heated by a conventional electric, gas, or solid fuel heating system. All electrical installations have been inspected with the last 5 years, and any defects identified have been remedied. All lifts, boilers, steam and pressure vessels have been inspected and approved to comply with all statutory requirements. Outbuildings and Storage containers are not used at this site.
YESNO
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Building: Please provide full details of the material circumstances applicable which meant you could not comply with all the previous statements.
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Ok
Ok
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Building: Your quotation will be subject to the following minimum security requirements. Can you confirm that you are able to comply with these requirements?* This field is required.1. The final exit door is secured by: a. a mortice deadlock conforming to or superior to BS3621; or b. a rim automatic deadlock conforming to or superior to BS3621; or c. a key operated multi-point locking system having at least three locking bolts. 2. Any other external door or internal door providing access to any part of the building not occupied by you, which is not officially designated a fire exit by the local fire authority, is secured by: a. a locking device specified in 1 above; or b. by two key operated security bolts to engage the door frame. 3. Any other external door or internal door which is officially designated a fire exit by the local fire authority is secured by: a. a panic bar locking system incorporating bolts which engage both the head and sill of the door frame; or b. a mortice lock having specific application for emergency exit doors and which is operated from the inside by means of a conventional handle and/or thumb turn mechanism. 4. All ground and basement level opening windows and any upper floor opening windows or skylights accessible from roofs, balconies, fire escapes, canopies, downpipes and other features of the building are: a. secured by means of a key-operated locking device; or b. permanently screwed shut.
YESNO
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Building: Please provide full details of the material circumstances applicable which meant you could not comply with the minimum security requirements.
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Ok
Ok
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Contents/Stock: The next few questions will ask about your Contents/Stock levels.

For the purpose of this section your assets will need to be split into four categories:

1) Stock
Consumable goods, merchandise goods, samples and goods held in trust, including customers' goods for which you are legally responsible.

2) Fixtures and Fittings
Imagine turning the building upside down. Anything for which you are legally responsible which would remain unmoved - that is secured to the building - would fall into this category.

3) Computers
Includes handheld devices, mobile phones and ancillary equipment which belong to you and for which you are legally responsible - including all software and data carrying media.

4) General Contents
Everything else for which you are legally responsible within the premises. This may include workshop tools, POS displays, fridges, coffee machines, cleaning/maintenance equipment, the list goes on.
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Contents/Stock: Regular Stock value* This field is required.The maximum value of Stock held at your main premises during regular trading weeks. Stock: Consumable goods, merchandise goods, samples and goods held in trust, including customers' goods for which you are legally responsible.
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Contents/Stock: An uplift of 30% will be provided to your Regular Stock value during your peak trading period - will this be sufficient to ensure you remain adequately insured at all times?* This field is required.Your peak trading period is the 90-day period where revenue is at its highest (and for the 14 days immediately before this period).
YESNO
33
Contents/Stock: Maximum Stock value* This field is required.Estimate the maximum value of Stock held at any one time (think about your busiest time of the year). Stock: Consumable goods, merchandise goods, samples and goods held in trust, including customers' goods for which you are legally responsible.
34
Contents/Stock: Fixtures and Fittings value* This field is required.The combined value of Fixtures and Fittings within your main premises. Fixtures and Fittings: Imagine turning the building upside down. Anything for which you are legally responsible which would remain unmoved - that is secured to the building - would fall into this category.
35
Contents/Stock: Computers value* This field is required.The combined value of Computers which are contained within your main premises. Computers - Includes handheld devices, mobile phones and ancillary equipment which belong to you and for which you are legally responsible - including all software and data carrying media.
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Contents/Stock: General Contents value* This field is required.The combined value of the General Contents which are contained within your main premises. General Contents: Everything else for which you are legally responsible within the premises. This may include workshop tools, POS displays, fridges, coffee machines, cleaning/maintenance equipment, the list goes on.
37
Security: What security provisions do you have in place at your premises.* This field is required.Select all security provisions that you have in place.
Intruder Alarm System
Security shutters
Bars on all ground floor windows
Ram raid barriers
CCTV/Camera System
Located within gated complex
Security patrols/Security staff
Locking/chaining high value stock
Tagging high value stock
Tracking high value stock
Leak detection system installed
Sprinkler system installed
None
38
Security (Intruder Alarm): Was your intruder alarm installed by, and continues to be maintained by, a member company of the National Security Inspectorate?This should be easy to confirm on a copy of an invoice, through their website, or by checking the register at https://www.nsi.org.uk/company-finder/
Yes
No
Unsure
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Security (Intruder Alarm): Is the alarm connected to a central station by means of BT RedCare (or equivalent)?
Yes
No
Unsure
40
Security (Intruder Alarm): Provide as much detail as you can about the intruder alarm installed at the premises.Include the model/specification, details of who installed the system, and details of what would happen if the alarm was activiated.
Huge
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Ok
Ok
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Security (Patrols/Staff): Please provide details of the security patrols in place, or of the security staff presence at your site.
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Large
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Small
Ok
Ok
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Security (Locking/chaining high value stock): Please provide details of the procedures you follow in keeping high value stock physically secured.
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Large
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Small
Ok
Ok
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Security (Tagging): Please provide details of the procedures you follow/system in place for tagging high value stock.
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Large
Normal
Small
Ok
Ok
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Security (Tracking): Please provide details of the procedures you follow/system in place for tracking high value stock.
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Large
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Small
Ok
Ok
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Security (Leak detection): Please provide details of the leak detection system installed and how this is maintained.
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Large
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Small
Ok
Ok
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Security (Sprinkler system): Please provide details of the sprinkler system installed and how this is maintained.Include details of whether this is a wet, dry or mixed system.
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Large
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Ok
Ok
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Goods in Transit: Do you offer delivery of goods?* This field is required.This includes both deliveries completed by your own vehicles, and those entrusted to third party couriers/postal services.
YESNO
48
Goods in Transit: At any one time what is the total value of goods for which you are responsible that may be in transit to customers?
49
Goods in Transit: Would any items be shipped overseas?
YESNO
50
Goods in Transit: Would any items be shipped outside of the UK/European Union?
YESNO
51
Goods in Transit: At any one time what is the total value of goods for which you are responsible that may be in transit to customers within the EU?
52
Goods in Transit: At any one time what is the total value of goods for which you are responsible that may be in transit outside of the UK & EU?
53
Rent Payable: Would you like to insure any rent you are obliged to pay?* This field is required.If your property is damaged and parts uninhabitable, under the terms of your lease you may still have a duty to pay rent to your landlord.
Yes
No
Undecided
54
Rent Payable: How much is your annual rent?
55
Business Interruption: Would you like to protect your business against disruption caused by damage to your premises/stock?* This field is required.If you include this cover there are automatic extensions which will provide a limited amount of protection against disruption caused by other factors too including damage suffered by suppliers, utility outages, local authority action. We'll outline more details of these extensions alongside our quotation.
Yes
No
Undecided
56
Business Interruption: What indemnity period would you like to be protected?This is the maximum period that insurers will continue to offer financial assistance to counter the disruption following an insured event. When selecting a Business Interruption indemnity period think carefully about how long it may take to build the business back up from the ground if you are floored by a major incident - it may take much longer to return to your pre-loss profitable position than it takes to reopen the doors.
12 months
18 months
24 months
36 months
Undecided
57
Business Interruption: What is your Annual Gross Profit?For these purposes Annual Gross Profit = Turnover - (Purchases + Variable Costs) If you're unsure please estimate for now, but you would be best to seek the professional guidance of your accountant to be certain you are not miscalculating the risk.
58
Business Interruption: Do you have a business continuity plan/disaster recovery plan in place, and is this tested/reviewed annually as a minimum?
YESNO
59
Employers' Liability: Do you need us to include Employers' Liability within your policy?* This field is required.Employers' Liability insurance is a legal necessity for the vast majority of UK businesses - there are very few exceptions to these strict rules. If selecting 'No' you should ensure you take great care to verify that you have no legal duty to purchase this cover - you can be fined up to £2,500 per day if trading without the necessary Employers' Liability cover in place.
YESNO
60
Public/Products Liability: Would you like to include Public/Products Liability within your policy?* This field is required.Public/Products Liability would be an essential lifeline to your business in the event of third party injury/property damage alleged to have resulted from your negligence.
Yes
No
Undecided
61
Public/Products Liability: What level of Public/Products liability cover would you like to include?With rising claimant damages for long-term, life-changing injuries, we would strongly encourage you to carefully assess an appropriate level of cover so you are comfortable with your retained risk beyond the set limit. Please ask us for guidance if you are in any doubt about the suitability of the limit you may wish to include.
£2,000,000
£5,000,000
£10,000,000
Undecided
62
Your Activities (Servicing/Repairs): Please provide a summary of the relevant experience and qualifications of your workshop team.Please disclose this information for each member of your team conducting servicing or repair duties.
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Ok
Ok
63
Professional Indemnity: Would you like to include Professional Indemnity within your policy?* This field is required.You have noted that you provide professional design or advisory services as part of your business. We would recommend that you consider Professional Indemnity insurance to protect yourself from damages arising from alleged ineffective or negligent design, advice or tuition.Please ask us if you would like any further advice or guidance as to whether this extension is suitable for you.
Yes
No
Undecided
64
Professional Indemnity: What level of Professional Indemnity cover would you like to include?Please ask us for guidance if you are in any doubt about the suitability of the limit you may wish to include.
£50,000
£100,000
£250,000
£500,000
£1,000,000
Undecided
65
Professional Indemnity: Do you currently have Professional Indemnity cover?
Yes
No
Not sure
66
Professional Indemnity: From what date have you continuously purchased Professional Indemnity insurance?If you're not sure then feel free to move on to the Next question.
Date
Day
Month
Year
67
Your Activities (Custom Builds/Design): Please provide a summary of the relevant experience and qualifications of your design team?Please disclose this information for each member of your team involved in custom build and design.
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Ok
Ok
68
Your Activities (Bike Fitting): Please provide a summary of the relevant experience and qualifications of your bike fitting experts.Please disclose this information for each member of your team involved in Bike Fitting.
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Large
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Small
Ok
Ok
69
Your Activities (Maintenance Classes): Please provide a summary of the relevant experience and qualifications of your maintenance class leaders.Please disclose this information for each member of your team responsible for overseeing maintenance classes.
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Large
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Small
Ok
Ok
70
Your Activities (Sports/Fitness Coaching): Please provide a summary of the relevant experience and qualifications of your coaches?Please disclose this information for each member of your team engaged in sports and fitness coaching activities.
Huge
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Ok
Ok
71
Legal Expenses: Would you like to include Legal Expenses within your policy?* This field is required.Legal expenses cover can support you in the event of legal disputes, either providing assistance to defend yourself from action brought against you, or to support you in the event that you are compelled to take action against others.
Yes
No
Undecided
72
Legal Expenses: What level of Legal Expenses cover would you like to include?Please ask us for guidance if you are in any doubt about the suitability of the limit you may wish to include.
£100,000
£250,000
£500,000
Undecided
73
Your cover requirements: If you would like us to tailor our quotation advice, being equipped to conduct a detailed review of our cover against your existing policy, then please upload your policy schedule and policy wording.If you don't have these documents to hand you can always email them to us later (forbusiness@bikmo.com). If you'd prefer not to supply your existing policy documentation then just select Next to continue.
Drag and drop files here
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Max. file size: 10.6MB
Cancelof
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Additional material disclosures: Do you have any further information to disclose that you think might be relevant to the insurer?* This field is required.The Insurance Act 2015 outlines a strict duty on non-consumers - that includes you - to ensure a fair presentation of the risk. This means you have a duty to disclose to us and insurers every material circumstance to which you know or ought to know, including information that can be revealed by a reasonable search of information available to you, including information held within your organisation by other members of your team. A material circumstance are circumstances which may influence an insurer's decision to cover a risk and/or the terms that are applied. If your insurer ever feels that you have failed to make a fair presentation of the risk they have the right to take remedial action (this could influence the result of a claim) and may include voiding the policy or altering the terms of the cover provided.
YESNO
75
Additional material disclosures: Please provide details of the further disclosures you would like to include.
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Ok
Ok
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How we use your data* This field is required.The information you have provided in this form will only be used by Bikmo to process your request for an insurance review, and always in accordance our Bikmo for Business Privacy Policy.
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