ClaimsCOLORADO SPRINGS --- March 3, 2021 --- USA Cycling, the national governing body for the sport of cycling in the United States, today announced a new partnership with Spot, the tech startup offering subscription, on-demand injury insurance that protects everyone from athletes and adventurers to families at home. Cyclists who are enrolled members of USAC’s voluntary annual program or racing in any USAC-sanctioned event can now sign up for Spot for just $40 per year, or can sign up individually per event. Spot is designed to cover the actual costs of their medical bills up to $25K, if they’re injured while riding a bike anywhere in the U.S.
Spot is the first and only company to provide customized “on-the-bike” injury insurance coverage. USA Cycling’s partnership with Spot makes it possible for cyclists to focus on their injuries and comprehensive treatment they need to make a full recovery, without worrying about expensive medical bills. USA Cycling National Team members, National Champions and members are covered by Spot, including Cory Williams, Justin Williams, and Ayesha McGowan.
“We’re very excited about partnering with Spot to offer this groundbreaking, first-of-its-kind insurance coverage to our members,” said Bouker Pool, Chief Commercial Officer at USA Cycling. “The time, energy and money it takes to fully recover from an injury can be all-consuming. With Spot, we hope to take some of that stress out of the equation and instead offer peace of mind and safety for our community.”
Spot is fully digital, conveniently allowing customers to sign up in just one minute for immediate coverage at any time. Spot’s plan covers the actual costs of out-of-pocket medical bills, whether a rider has health insurance or not. Spot riders can get the treatment they need at any licensed physician, hospital, or urgent care clinic. Once riders receive their first bill, they can file a claim through Spot’s website by taking pictures of the bill on their phones, explaining how they were injured and providing a few other details. Tens of thousands of Americans are already covered by Spot.
“Partnering with USA Cycling on the first-ever on-the-bike insurance plan is an important milestone in Spot’s growth within the cycling community,” said Nabil Rahman, VP of Strategy and Partnerships at Spot. “Through this collaboration, we’re able to offer customized coverage to tens of thousands of cycling enthusiasts, removing the financial burden of injuries and allowing them to focus on healing and getting back on their bikes.”
To learn more about this partnership and sign up, please visit https://usacycling.getspot.com
About USA Cycling: (usacycling.org)
USA Cycling is a proud member of the Union Cycliste Internationale (UCI) and United States Olympic & Paralympic Committee (USOPC). Within the United States, USA Cycling is the national governing body for the sport of cycling and oversees the disciplines of road, track, mountain bike, cyclocross, and BMX. With a mission to develop the sport of cycling in the United States and to achieve sustained international racing success, USA Cycling supports cyclists at all levels, from those just beginning in the sport and participating in fun rides to seasoned professionals. The organization not only identifies, develops, and selects cyclists to represent the United States in international competition, but also supports amateur bike racing through grassroots development programs and the provision of critical infrastructure to run organized racing.
USA Cycling is headquartered in Colorado Springs, Colorado, and will celebrate its 100th anniversary in 2020. In 1920, the organization began as The Amateur Bicycle League of America and evolved to become the United States Cycling Federation in 1975 and ultimately USA Cycling, Inc. in 1995. USA Cycling's 100,000+ members are comprised of racers and cyclists of all ages and abilities, coaches, officials, mechanics, and race directors.
For more information, contact Bouker Pool at bpool@usacycling.org
About Spot:
Spot is the tech startup offering subscription, on-demand injury insurance that protects everyone from athletes and adventurers to families at home. Launched by a team with experience at both insurance industry giants and groundbreaking tech startups, the company provides affordable, month-to-month accidental injury coverage, which can be used with or without traditional health insurance. Spot is fully digital, conveniently allowing customers to sign up in just one minute for immediate coverage at any time. Partners including USA BMX, Powder Mountain, National Collegiate Rugby, and athleteReg trust Spot to protect their communities. The company is headquartered in Austin, Texas, and has raised $8M in seed funding from Mutual of Omaha, Silverton Partners, and MS&AD Ventures. To learn more and sign up, visit GetSpot.com.
Stay up to date with the latest Spot news.
