The National Insurance Crime Bureau (NICB) recently released its annual motorcycle theft report that illuminates why bikers must remain vigilant to protect their two-wheeled possessions despite declining thefts across the U.S.
According to the report, motorcycle thefts have decreased by 12% since 2016. In total, 40,380 motorcycle thefts across 478 different makes were reported in 2019 — the earliest data available — down from 41,674 in 2018. Another good news revealed in the report is the rate of recovery: 18,857 motorcycles that were reported stolen in 2019 have been recovered at a recovery rate of 46%
(Source: NICB)
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
