Every 65 seconds a bicycle is stolen in the UK. Cycling commuters would do well to buy a second hand bike to avoid the attention of thieves rather than purchase a shiny top-notch item. According to the article “Cycle to Work Scheme – why bike insurance is important” it is better to have an old reliable bike still in the rack on your return from work than a brand new trendy one that is no longer there!
You could easily spend up to five hundred pounds on a new bike with all the accessories in an effort to save the planet as well as petrol costs. But is it worth it when your new ‘pride and joy’ attracts the eye of an opportunist thief within moments of parking it up? It’s rotten I know but a fact of life all the same. Consider these words because you don’t have to learn the hard way!
According to bike theft statistics, a bicycle is stolen every minute or so. Don’t become a complete victim to this rising trend, take some reasonable precautions and purchase some comprehensive bike insurance.
If a thief has in his/her possession a set of powerful wire cutters, there is a strong chance that your bicycle will be stolen. No matter what immobilising device you adopt or locks you use, the determined bike thief will not persevere until satisfaction has been achieved! Whilst a double chain lock system can reduce the chances of bike theft, cyclists are put off by the impracticality of it.
It is always worth it to check on your home insurance whether your bicycle (including accessories and related cycle-wear) is covered on it.
Other types of insurance to check out would be that for public liability to cover you in the event that you accidentally scratch a passing car or hit a dog. While bike theft insurance is of considerable assistance when you need it, public liability can be the most costly of all.
If you are a new cyclist, welcome to the world of cycle lanes and a great workout before work! Remind yourself not to become a statistic and check out insurance for liability and damage to be on the safe side!
Tags: bike insurance