What happens if the bike gets lost / stolen before I’ve paid for it?
If the bike is lost, stolen or damaged during the hire period, you will still be responsible for any outstanding payments due under the cycle to work scheme agreement. This is why you must have sufficient insurance cover for your bike in order to participate in the scheme. You may be able to include this to your home insurance. You will need to make sure that any safety equipment purchased conforms to your insurance company’s requirements. Advice is available from Cyclescheme Ltd’s partnering shops.
