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October 28, 2015 Property and Casualty News
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Downward Trend In Motorcycle Thefts Continues

PR Newswire

DES PLAINES, Ill., Oct. 28, 2015 /PRNewswire-USNewswire/ -- The National Insurance Crime Bureau (NICB) today released a report on motorcycle thefts in the United States for 2014.  A total of 42,856 motorcycles were reported stolen in 2014 compared with 45,367 reported stolen in 2013—a decrease of six percent.

This is welcome news for motorcycle owners since the drop comes at a time when overall motorcycle sales in 2014 increased by four percent over their 2013 total[1].

The top 10 states with the most reported motorcycles thefts in 2014 were California (6,355), Florida (3,981), Texas (3,274), South Carolina (2,146), North Carolina (2,117), New York (1,544), Indiana (1,508), Nevada (1,488), Georgia (1,455) and Maryland (1,127).

The top 10 cities for motorcycle thefts in 2014 were Las Vegas (1,163), New York (1,034), San Diego (650), Miami (541), San Francisco (516), San Antonio (447), Houston (439), Indianapolis (422), Los Angeles (397) and Albuquerque, N.M. (390).

The top 10 most stolen motorcycles in 2014 by manufacturer were American Honda Motor Co., Inc. (8,045), Yamaha Motor Corporation (6,728), American Suzuki Motor Corporation (5,987), Kawasaki Motors Corp., U.S.A. (4,497), Harley Davidson, Inc. (4,146), Taotao Group Co. Ltd (1,730), Astronautical Bashan (535), Jonway Group Co., Ltd. (503), KTM Sportmotorcycle AG (489) and Genuine Cycle (449).

The most motorcycle thefts occurred in August (4,965) and the fewest in February (1,978) reflecting a weather-influenced pattern that is consistent with previous years.

The complete report is available here or by pasting https://www.nicb.org/File%20Library/Public%20Affairs/2014-Motorcycle-ForeCAST-Report-Public.pdf into your browser.

Anyone with information concerning insurance fraud or vehicle theft can report it anonymously by calling toll-free 800-TEL-NICB (800-835-6422), texting keyword "fraud" to TIP411 (847411) or submitting a form on our website. Or, download the NICB Fraud Tips app on your iPhone or Android device.

About the National Insurance Crime Bureau: Headquartered in Des Plaines, Ill., the NICB is the nation's leading not-for-profit organization exclusively dedicated to preventing, detecting and defeating insurance fraud and vehicle theft through data analytics, investigations, training, legislative advocacy and public awareness. The NICB is supported by more than 1,100 property and casualty insurance companies and self-insured organizations. NICB member companies wrote over $395 billion in insurance premiums in 2014, or more than 78 percent of the nation's property/casualty insurance. That includes more than 93 percent ($176 billion) of the nation's personal auto insurance. To learn more visit www.nicb.org.

[1] As reported by the Motorcycle Industry Council

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/nicb-downward-trend-in-motorcycle-thefts-continues-300166105.html

SOURCE National Insurance Crime Bureau

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