What are the chances of getting a stolen motorcycle back?

What are the chances of getting a stolen motorcycle back?

You might think it’s a waste of time. But the fact is that almost half of stolen bikes are eventually recovered by the police. And the only reason that just 5% of stolen bikes are returned to their owners is that the police can’t link the bikes to the owners.

How do I get my stolen motorcycle back?

Firstly – Have a scan about the place If you do find it and it has been damaged, call LBT Motorcycle Recovery straight away on 020 7228 0800. In our experience, if it’s been stolen once, it could go again. Don’t leave it to chance.

How can I track my stolen motorcycle?

6 Things You Can Do to Track Your Bike Down if It’s Stolen

  1. Use security cameras.
  2. Visit the flea markets, used bikes shops and pawn shops to look for your stolen bike.
  3. List your bike as stolen.
  4. Spread the word within your social media networks that your bike has been stolen.
  5. Report to the police.
  6. File an insurance claim.

How do I recover my stolen motorcycle from the police?

If you do find it and it has been damaged, call LBT Motorcycle Recovery straight away on 020 7228 0800. In our experience, if it’s been stolen once, it could go again. Don’t leave it to chance. If the thief has put their own chain on the bike, we can come and remove it for you if you prove the bike is yours.

What motorcycle gets stolen the most?

Most stolen motorcycle makes in the United States in 2019

Characteristic Number of thefts
American Honda Motor Co., Inc. 8,122
Yamaha Motor Corporation 6,495
Harley Davidson, Inc. 4,737
American Suzuki Motor Corporation 4,686

What to do if your bike is stolen?

If your bike is stolen, never put yourself at risk. Call police immediately on 999 if you see it being stolen or report a crime online or call 101 if you discover it has gone. Regular operations to identify, disrupt and arrest offenders.

How long does it take to recover a stolen motorcycle?

Theft claims can take time to process, and the insurance company is likely hopeful that police will recover your stolen bike. Ask the claims rep how long you should expect the process to take. They should regularly update you on the status of your claim. 8 

What happens if a motorcycle theft goes unrecovered?

If your motorcycle theft claim turns into a total loss claim, meaning the bike goes unrecovered, the deductible will be subtracted from the payoff amount. You will not need to pay the deductible to the insurance company physically.

Can a stolen motorcycle be bought back by the insurance company?

If your stolen motorcycle is recovered after your claim is completed, buying it back from the insurance company may be possible. Ask your insurance adjuster. No one wants to be a victim of theft.

What to do if your motorcycle is stolen?

Following the shock of discovering your motorcycle’s been stolen, here’s what to do: First and foremost, file a stolen vehicle report with your local law enforcement. Next, call your insurance company and report the stolen bike to them. When speaking with your insurance adjuster, be sure to make these inquiries:

How often is a motorcycle stolen in America?

According to the National Insurance Crime Bureau (NICB), in America a motorcycle is stolen every 9.5 minutes. The recovery rate of stolen motorcycles is a dismal 25% – 30%, compared to 60% – 65% for automobiles.

What happens when you replace a stolen bike?

6. If you just got a replacement for your stolen bike, they WILL be back for it. While you are reaping that sweet sweet karma from your insurance, and enjoying your new pair of wheels, they are already putting you on the “to-do” list. See #5 for instructions.

If your motorcycle theft claim turns into a total loss claim, meaning the bike goes unrecovered, the deductible will be subtracted from the payoff amount. You will not need to pay the deductible to the insurance company physically.