Boundless Rider launches in Illinois
Boundless Rider, an insurance agency offering motorcycle and powersport insurance, is now available in Illinois for both consumers and agent partners. All policies in Illinois are underwritten by Incline Casualty Company.
Launched in 2022, Boundless Rider is now available in three states after previously launching in Texas and Arizona. The startup raised $11 million in funding and last year, it produced $685k in written premiums in Texas according to filing information by Redpoint County Mutual Insurance Company. According to a press release, Boundless Rider launched in Texas in August 2023.
Boundless Rider recently released an iOS app and an Android version is expected in the near future.
“Our key differentiator is that everything we’ve designed – from the enrollment process all the way through to claims – was built with a sole focus on riders. By understanding and meeting the unique needs of the riding community, we’ve created both a high-quality insurance product and a seamless customer experience. We’re thrilled to make coverage available across Illinois and are looking forward to reaching even more riders in the months ahead.” – Blair Baldwin, Founder and CEO of Boundless Rider.
Bottom Line: In 2023, Boundless wrote $684k in written premium on behalf of Redpoint County Mutual.