The National Insurance Crime Bureau recently named the top 10states for motorcycle theft in 2005.

According to NICB, 70,613 motorcycles were stolen last year, aslight decrease from the 71,108 stolen in 2004. These numbersrepresent a loss of over $434 million to motorcycle owners and theinsurance industry. Additionally, a motorcycle's base pricesometimes exceeds $20,000 once details are added, yet recoveryrates typically fall in the 25- to 30-percent range nationally.

The following are the top 10 states for motorcycle theft in2005:

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • 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.
NOT FOR REPRINT

© 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.