Bike Insurance - In a bid to stay green will companies fall prey to bike theft? - 28/09/2009

Sustainability seems to be ranking rather high on the agendas of most businesses in the UK and around the world as more businesses encourage members of staff to go green by cycling to work.

The latest to follow this new trend is BUPA.

While it would be willing to provide employees with bikes at 31 – 41 percent lower than the market price, will they also be willing to pay all extra bike insurance claims for their employees?

A pertinent question, considering the current rise in the trend of bike theft which seems inevitable owing to the rise in bike ownership across the UK.

An experiment conducted by More Than insurance found that bike thieves are now working efficiently in order to get more bikes in less time.

The experiment that left bikes unlocked and unattended in a number of cities across England, found that the average time for a thief to move in on the bike was just 2 hours.

The average time for an unattended bike to get stolen in London was just 17 minutes.

It is also estimated that a bike is stolen in the UK at the rate of 1 minute and 45 seconds per bike, amounting to a staggering 300,000 bikes per year.

Bookmark with:
  print Print Preview   email E-mail to a friend
 
Comments
Not comments have been posted yet.
 
Do you have something to say? (maximum comment length of 250 characters)

Post your comment
 
 
 
Related News
  18/01/2010 - Motorcyclists spend longer online for bike insurance quotes. A survey by a renowned bike insurance company has said that UK motorcyclists spend...
18/01/2010 - Westminster council says yes to bike parking fees despite vandalism. Motorcyclists will be charged £1 a day for on-street parking in central London after...
15/01/2010 - On your bike London. It has been revealed that the Mayor of London will launch a new bike...
 
Related Guides
  Performance bike insurance. Sports bike insurance guide Everyone was born to be wild, and then the...
Types of bike insurance cover available. Types of bike insurance cover available When taking out bike insurance for the first...
Bike insurance explained. Bike insurance explained Bike theft is one of the most common type of...
 
Related Articles
  Bike safety schemes introduced to riders. Biking schemes are being introduced to encourage motorcyclists to take care while riding on...
Crime campaign to cut bike thefts. A bike insurance group has revealed that bike theft is a major worry for...
Bike cover vital in the UK. When asked about why people buy bike insurance, people quote the same conventional reasons....

Bike Insurance News
18/01/2010 - Motorcyclists spend longer online for bike insurance quotes. A survey by a renowned bike insurance company has...
Read More
18/01/2010 - Westminster council says yes to bike parking fees despite vandalism. Motorcyclists will be charged £1 a day for on-street...
Read More
15/01/2010 - On your bike London. It has been revealed that the Mayor of London...
Read More
08/01/2010 - Cambridge bike crime hotspot. Students residing in the Cambridge region have been advised...
Read More
More News >>