The Kryptonite Anti-Theft Protection Offer (ATPO): What You Need to Know

• Posted on 18 September 2024
• By Dexter @ 360 Cycles
• 0

A Complete Guide to Kryptonite’s Anti-Theft Protection Offer (ATPO): What You Need to Know

Introduction

If you're cycling around Dublin or any city, bike security is probably always on your mind. No matter how strong your lock is, there’s always the risk that a determined thief might manage to steal your bike. This is where Kryptonite’s Anti-Theft Protection Offer (ATPO) comes in – offering compensation if your bike is stolen due to your lock being compromised. However, it's important to note that the ATPO is a paid program for many locks, depending on their security rating.

What is Kryptonite’s Anti-Theft Protection Offer (ATPO)?

The Anti-Theft Protection Offer (ATPO) is a program offered by Kryptonite to provide financial compensation if your bike is stolen because your Kryptonite lock was broken or defeated. The idea behind it is simple: if your lock fails to prevent your bike from being stolen, Kryptonite will reimburse you up to a specified amount, depending on the lock you purchased.

Keep in mind, ATPO is not insurance. It’s more of a product guarantee, meant to give you some added security. Coverage is available on select Kryptonite locks, with reimbursement amounts ranging from €500 to €4,500 depending on the security level of the lock. However, ATPO is not free for all locks—it requires registration and a fee, which varies based on the lock’s security rating.

How Much Does ATPO Cost?

While ATPO is a great way to gain extra protection for your bike, it does come with an minimal cost for locks rated below 9/10 in security. Here’s a breakdown of the registration fees based on security ratings:

How Does ATPO Work?

Here’s a step-by-step overview of how the ATPO works:

1. Register Your Lock: You need to register your Kryptonite lock on their website within 30 days of purchase. If you don’t register, you won’t be eligible for ATPO compensation, even if your lock is compromised.
2. Use the Lock Properly: To be eligible for a claim, you must lock your bike properly. This means securing it to a fixed, immovable object and using the lock according to Kryptonite’s recommendations.
3. Report the Theft: If your bike is stolen, you’ll need to file a report to the Guards within 72 hours and notify Kryptonite within 7 days. (you can do this here) You’ll also need proof of the bike’s value, the broken lock, and evidence that it was used correctly at the time of the theft.
4. Receive Compensation: After your claim is approved, Kryptonite will compensate you up to the ATPO limit associated with your lock.

ATPO Coverage Amounts

Different Kryptonite locks come with different ATPO coverage levels. Here’s how they break down:

• €4,500 Coverage: Available for maximum security locks like the Kryptonite New York Fahgettaboudit Chain & Disc Lock.
• €2,250 Coverage: Mid-range locks like the Kryptonite Evolution Mini-7 U-Lock provide this level of coverage, ideal for suburban or moderately risky areas.
• €500 Coverage: Lower-end locks such as the Kryptonite Keeper 785 Integrated Chain Lock offer this level of compensation, suitable for short stops in low-risk areas.

Limitations and Exclusions

While the ATPO offers peace of mind, it’s important to be aware of its limitations and exclusions:

• Not Insurance: ATPO is not a replacement for traditional bike insurance. It only applies if the bike is stolen due to the failure of the lock.
• Locks Only: The ATPO is only applicable if the lock itself is compromised. If your bike is stolen because you didn’t use the lock correctly, you won’t be eligible for reimbursement.
• Coverage Limits: The reimbursement you receive is capped based on the model of the lock.
• Exclusions: Certain high-risk areas or repeated theft claims may void your ATPO coverage.

FAQs