With thieves in a position to attack, get the most productive insurance and anti-theft for your bike
The coronavirus crisis led the British to buy bicycles in large quantities, but in parallel with the increase in sales, there was an epidemic of theft. Insurers warn claims have increased by 46% in the last seven weeks until last year.
In April, at the height of the lock, the number of motorcycles sold rose to 60%. The largest replenishment of the valued between 400 and 1000 euros, whose sales doubled.
So what can you do with your bike?
The fundamental rule of the industry is to buy an anti-theft worth equivalent to 10% to 20% of the bike load. Thieves are lazy and fundamentally point to reasonable locks.
In her bike consultant, insurer Admiral cites the U Kryptonite New York M18 anti-theft device as smart quality. It costs £82.99 in Wiggle.es. Add a cable for some other tenner, so you can get it through the wheels and hold them as well.
If you have a more stylish bike, mavens the Anti-Theft Abuse Granit X Plus, 100 on Amazon.
The shiny new motorcycles are a magnet for thieves, very hard for yours. Paint unique, and even better marks, your zip code, in the frame with enamelled paint or scrape your zip code. The masking tape on the frame soon turns gray and an older saddle will make your motorcycle look less lucrative to potential thieves.
When blocking your bike, look at crowded sites with masses of passers-by and video surveillance. Never, ever, leave it outdoors at night.
BikeRegister.com is a national database in which you enter the number of box, model, color, etc., as well as your touch information. If the police discover a stolen bicycle, they can check it and retrieve it.
These are small GPS tracking devices, hidden from potential thieves when placed on a soft or internal handlebar. You can remotely track the location of your motorcycle in case of theft. They range from Amazon’s $33.89 for the Winnes tracker disguised as a red tailgentle, to the Sherlock tracker at 149 that fits the handlebars.
As a general rule, if your bike has a maximum price of 500 euros, it will be covered through the content policy of your home. But many policies will only pay if the motorcycle is stolen from your home or if it is attached to a construction object on your lawn or shed. Therefore, check if your policy is ‘home only’ or ‘at home and elsewhere’. If it’s “home only,” ask your insurer how much you’ll charge for “far away”.
If you are worth more than £500, your insurance company may ask you to charge it to your home insurance policy. You will be charged an additional fee, but it is usually less expensive than buying a separate policy. Unfortunately, we cannot give any indication of the additional cost, as the insurers we contacted stated that it depended on individual circumstances.
Home insurance policies are excessive. If you have to make a claim, you will have to pay the full excess of your home insurance policy, which is between one hundred and 250 euros. If your deductible is £200, this means that if your stolen motorcycle is worth £500, the insurer will only pay £300.
Worse, they will receive a large portion of the payment by expanding the charge of their home content policy on the renewal date, and you will lose any discount without a claim.
Some home insurers have a “one-time cost limit for all” on bicycles of 1,000 euros and many have more than 2,000 pounds. If you are in this value range, get a quote to upload to your existing home insurance policy, but also check with specialized providers.
First, check out one of the comparison sites. For example, we asked moneysuconsistent withmarket.com to get quotes for a 1,250 euro motorcycle in London. The cheapest fundamental quote, just for canopy flight, 76.48 euros consistent with the year in Cycleplan, while Dynamo Cover asked for 78.75 euros, but this also included the canopyage opposite the theft abroad.
Paul Williams, managing director of Cycleplan, says since closing, “the business has been phenomenal, up to 200%,” with an average motorcycle price of about 1,500 euros. He adds that the claims also replaced the blockade, with more people making claims for damages and fewer claims for theft.
Location matters. You will be asked to enter your zip code and you will be billed accordingly. “London is inevitably more expensive because of theft,” says Williams, a recent report through moneysuconsistent withmarket.com has named Cardiff as the British capital of motorcycle theft consistent with consistent withson.
Autonomous policies also allow you to charge additional liability coverage of $10 to $15, which will be paid if you borrow from someone else on your motorcycle and damage it, or if you damage someone else’s property.
Sales of electric motorcycles are skyrocking out among travelers as an option to employ buses and trains during the pandemic. Most electric bikes in Halfords charge more than 950 euros and many are in the diversity of more than 2000 euros, so insurance is quite essential. At the moment, specialized insurers make no difference between them and a traditional bike. But as electric motorcycles are the most popular among older buyers, who make fewer claims, Cycleplan’s Williams says the company plans to make electric motorcycle insurance less expensive than traditional motorcycles at the same price.
Until recently, electronic scooters were only legal on private land in Britain. Electronic scooter rental has been allowed since early July, but personal scooters are still prohibited. When the electric scooter rental inlet service, suppliers will want to make sure that insurance exists. Until the law changes, you cannot take out personal insurance for the use of electric scooters on public roads.
Report theft to the police and be aware of local classified eBay and Gumtree listings (poor quality photos, strangely low costs and lack of detail in the ad are symptoms that someone is looking to sell a stolen bike). This is when your assets can be paid. “Two days after stealing my bike, I saw it on an online ad site. The police contacted me when I met the dealership and thanks to BikeRegister, I was able to find out it was mine,” says one witness.