UK: Your Bike is Part of the Home Insurance

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The bicycle is one of the most sought after by thieves. Why? It’s usually easy to swipe, it’s light enough to carry if need be, and you can easily lose yourself in any street corner and weave around traffic to lose all those who’re coming after them. So it’s no surprise that bike theft during the summer months is on the rise. The figures are staggering: A bike is stolen every 70 seconds, and not all of these are reported to the police.

However, if you’re in the United Kingdom, you’re in luck. You better check your Home Insurance if your bike is part of the policy.

Head of underwriting at the insurance company David Rochester explained: “We encourage all who experience bike theft to report it to the police, otherwise they could miss the opportunity to make a claim.”

Mr Rochester added that steps such as a high security lock could help protect the bike, as well as the use of anti-pry devices and keeping it locked up when not in use.

Source

One Comment

  1. Home Insurance Daily Journal » Blog Archive » Don’t Store Items in the Open Says:

    [...] mentioned last time that bicycles are a hot commodity for thieves in the UK these days, another thing that they like stealing are stuff on your gardens and sheds. [...]