Overview of the Micromobility industry

Micromobility is an industry focused on evolving transportation – Primarily the first and last mile between your origin or destination and the primary public transportation hub. Whether you are offering bikes or scooters, dockless or docked, the goal is to provide an accessible, on-demand transportation alternative.

Micromobility has driven unprecedented investor interest in 2018, generating a number of market leaders. Automakers are also taking notice, with Ford acquiring scooter-sharing platform Spin in November (CB Insights). A fleet of scooters or bikes can be deployed in hours by a small crew, requiring minimal maintenance and no infrastructure changes. These vehicles are also GPS-enabled, meaning they can provide mobility data at scale in areas where it was previously unavailable (CB Insights).

The industry is rapidly evolving with many new entrants both at home and abroad. Market share is the name of the game and often the key barrier to rapid expansion are insurance requirements at the city/state level

Application Process

Launching a bike sharing or e-scooter fleet in a new city can be confusing, and having the right insurance can make or break your application with a city. We’ve mapped out the 3 key steps to ensure you’ve got the right coverage and are positioned for rapid growth.

Initial Phone Call

From San Francisco to Ft. Lauderdale, Chicago to Austin cities require differing levels of coverage in order to operate within city limits. Founder Shield has amassed knowledge of the insurance requirements of all major U.S. cities and will review your Permit Application to ensure all areas are met. Seeking to rapidly expand in the U.S., no problem! We know exactly what program structure is needed to effectively roll out operations in all key markets.

Application Support

Save the back and forth, countless email chains, we know exactly what information is required to secure effective coverage. Only a few insurance carriers will touch the micromobility and we work closely with all of them! Our partners have the capability to provide a true worldwide solution, important as you expand in the U.S. and abroad.

  1. Initial Call Screening where we introduce our process and set expectations.
  2. Next Steps provided outlining all required information, applications, and reasons for it.
  3. Access to an experienced broking team – Questions answered when you need them!

Scalable Coverage

Moving into a new market? Expanding globally? We assist in the reporting to ensure your program always reflects existing operations and offer true global capabilities. We partner with leading mobility and on-demand insurance carriers that craft custom policies that are designed to scale as you do. You focus on expansion, we’ll make sure insurance doesn’t become a barrier to growth. 

What are the minimum insurance requirements?

It will depend on what city you plan to operate in but typically you will need to meet the below requirements (with the city being named as an additional insured).

  • General Liability - $1M per occurrence, $2M aggregate
  • Hired & Non-Owned Auto - $1M per occurrence
  • Umbrella - $5M per occurrence
  • Performance Bond

Cities where these requirements apply:


  • San Francisco
  • Los Angeles
  • Austin
  • Denver
  • Miami
  • Portland
  • Indianapolis
  • Seattle
  • Dallas
  • Chicago

Micromobility companies we work with

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What Insurance do Micromobility companies need?

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Mobility Companies in the US

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