BikeTrac Reports Demonstrates Strong Recovery Rate

BikeTrac, U.K.-based motorcycle tracker company, has proven its use for vehicle owners of motorcycles or scooters, with almost a 90 percent recovery reported this month from the company.

Of the 248 trackers fitter on their customers’ motorcycles that have been stolen, 220 of those vehicles have been recovered.

At this rate, the numbers are likely to beat last year’s report, which had a 92 percent recovery rate and with 276 motorcycles recovered.

BikeTrac’s Sales & Marketing Director Bill Taylor explained, “Naturally summer is our busiest period because more bikes are on the road, but what this summer showed us is that bike theft is rife and thieves are starting to target a wider range of machines.”

“While our statistics are unique to what we sell and protect, we’ve seen a trend moving slightly towards smaller machines this summer,” he added. “We’ve recovered more bikes, but in actual fac, the total value of bikes recovered has dropped, mainly down to us recovering smaller, less valuable machines too now.”

This discreet motorcycle tracker is priced at £300 for a one-off device purchase, the U.S. equivalent of almost $400, that is followed by subscription-based payments of about £10 a month, or about $14.

Even with the pricey value, it goes a long way considering the rise of bike robberies that have hit the U.K. as of recent. From August 1, 2015, to July 31, 2016, there were 12,001 thefts of scooters, mopeds, and motorcycles according to the Metropolitan Police.

For the 12 months ending July 31, 2017, there were 14,868 offenses. According to the Motorcycle Industry Association, 60% of all recorded scooter thefts in the U.K. last year were in London alone, despite less than 10% of the UK’s registered motorcycles and scooters being within the capital.

The U.S., on the other hand, has seen a decline in motorcycle thefts. According to the National Insurance Crime Bureau, it has gone 13 percent down from 2008 to 2009.

But the decline in motorcycle theft likely correlates with fewer motorcycle sales and production. Motorcycle sales between 2008 and 2009 fell by 40.8 percent. Production of Japanese motorcycles was down 47.4 percent.

However, any owner should not take these stats lightly, as there still is a chance someone’s bike can be stolen. And without the proper coverage, some can end up out of luck.

Motorcycle insurance is just as important as car insurance, especially for those who use a motorcycle for typical commutes.