Boundless Rider Insurance
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| Type | Private |
|---|---|
| Industry | Insurance technology |
| Founded | 2022 |
| Headquarters | Medford, Massachusetts |
| Key people | Blair Baldwin (co-founder, CEO) |
| Website | boundlessrider |
Boundless Rider Insurance is an American insurance technology company. Established in 2022, the company offers services and coverage options to the motorcycle and powersports community.[1][2][3][4]
Overview
[edit]Boundless Rider Insurance was co-founded in 2022 by Blair Baldwin. The company focuses on motorcycle and powersport insurance coverage.[2][3][5][6] In September 2022, the company secured $4.75 million in seed funding led by American Family Ventures, with participation from SiriusPoint, and Belmont Capital.[1]
In August 2023, Boundless Rider launched its insurance offerings in Texas, allowing owners of on-road and off-road motorcycles, ATVs, UTVs, snowmobiles, scooters, and mopeds to purchase policies online or through agents.[4][6] By March 2024, the company expanded its insurance offerings to Arizona, Illinois, and Ohio providing coverage for different vehicles, including on-road and off-road motorcycles, ATVs, UTVs, snowmobiles, scooters, and mopeds. Policies in Texas are underwritten by RedPoint County Mutual. All other state policies are underwritten by Incline Casualty Company.[3][5][7]
Boundless Rider introduced its industry-first Safe Rider Program in 2024, utilizing an AI-powered application to enhance rider safety and offer opportunities to save while not riding. The smartphone RIDE app features crash detection technology that connects to local 911 dispatch and provides a $100,000 death benefit for policyholders enrolled in the program. In addition, the app applies a 20% discount on the monthly insurance premium when the vehicle is used for less than 10 miles per policy month.[8]
In October 2024, Boundless Rider launched the Missing Moto Program, providing insurance agents and agencies with tools to identify untapped opportunities within their existing client base.[9]
In December 2024, Boundless Rider announced coverage availability in Pennsylvania. As of 2024, the company provides its services in Texas, Arizona, Illinois, Ohio, and Pennsylvania.[5][4][8][9]
References
[edit]- 1 2 Azevedo, Mary Ann (2022-09-19). "Insurtech gets more specialized, with products just for e-bikes and factory-built homes". TechCrunch. Retrieved 2025-10-02.
- 1 2 "Boundless Rider Rolls Out Coverage in Pennsylvania | Insurance Innovation Reporter". iireporter.com. Retrieved 2025-10-02.
- 1 2 3 Ben-Hutta, Avi (2024-03-19). "Boundless Rider launches in Illinois". Coverager - Insurance news and insights. Retrieved 2025-10-02.
- 1 2 3 Membra, MPN (2023-08-04). "Boundless Rider Launches in Texas, Providing Specialty Insurance to Motorcycle and Powersport Riders". Motorcycle Powersports News. Retrieved 2025-10-01.
- 1 2 3 Kusek, Meagan (2024-03-21). "Boundless Rider Expands Footprint to Illinois". Motorcycle & Powersports News. Archived from the original on 2024-04-21. Retrieved 2025-10-02.
- 1 2 admin (2023-08-04). "Boundless Rider Launches Motorcycle, ATV and Off-Road Insurance in Texas". Insurance Journal. Retrieved 2025-10-02.
- ↑ admin (2024-03-19). "Boundless Rider Expands Motorcycle, Powersport Coverage to Illinois". Insurance Journal. Retrieved 2025-10-02.
- 1 2 motogoldeditor (2024-05-09). "Boundless Rider Insurance Could be An Option in The USA". Moto Gold UK. Retrieved 2025-10-02.
- 1 2 walker, alastair (2023-08-09). "Love Off-Road Riding in Texas? Boundless Has It Covered". Retrieved 2025-10-02.