PROTECT YOUR RIDE! MOTORCYCLE THEFTS ARE ON THE RISE FOR SECOND YEAR IN A ROW - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
August 5, 2022 Newswires
Share
Share
Post
Email

PROTECT YOUR RIDE! MOTORCYCLE THEFTS ARE ON THE RISE FOR SECOND YEAR IN A ROW

PR Newswire

Motorcycle thefts are up 26%, according to a new NICB report

DES PLAINES, Ill., Aug. 5, 2022 /PRNewswire/ -- It might be a beautiful summer day for a ride, but motorcycle owners should know there is a higher chance of theft as they hit the road. Motorcycles have been increasingly targeted for theft, according to the newly released National Insurance Crime Bureau's (NICB) 2021 Vehicle Type Theft Report.


National Insurance Crime Bureau logo (PRNewsfoto/National Insurance Crime Bureau)

In 2021, August was the hottest month for motorcycle theft with almost 6,000 cycles swiped.

Despite a 3% decrease from 2020 to 2021, motorcycle thefts are still up 26% overall from 2019. Of the nearly 1 million total vehicles stolen last year, 51,291 of them were motorcycles. August was the hottest month with almost 6,000 cycles swiped.

"We've seen surges in thefts of all types of motor vehicles throughout 2021, and motorcycle thefts are no exception, especially in the summer months," said David Glawe, president and CEO of NICB. "The economy, supply chain issues, and the value of precious metals and vehicle parts has certainly played a consequential role with skyrocketing crime during the year. Motorcycles are expensive and more difficult to secure than other vehicles, making them prime targets for thieves. We continue to urge all riders to take steps to protect their property."

The top 10 motorcycle manufactures most frequently stolen in 2021 accounted for 78% of all stolen motorcycles in 2021. Leading the pack was Honda (10,282), Yamaha (8,185), Kawasaki (5,904), Harley-Davidson (5,811), and Suzuki (4,890). Of those almost 52,000 motorcycles stolen, less than half have been recovered with the NICB study indicating that only 42% were found.

California leads the nation once again with 9,345 stolen rides. Not too far behind is Texas (4,263), Florida (3,698), New York (2,662), and Washington state (1,947).

As thousands of bikers gather in Sturgis and countless other motorcycle owners take advantage of the remaining summer months outdoors, NICB is recommending the following advice to reduce the chances of motorcycle theft:

  • Use common sense; park in well-lit areas, lock your ignition and remove your keys.
  • Lock your cycle even when stored in a garage. Consider investing in an alarm system.
  • Don't store your title in your motorcycle's storage compartment.
  • Place unique markings on your motorcycle and take photos of them. If your bike is ever stolen, you can use these markings to identify your property.
  • Don't walk off while leaving it idle as this will make it a prime target for thieves.

Should your vehicle be stolen, call law enforcement and your insurer immediately. NICB data shows that reporting a vehicle as soon as possible after it is stolen increases the chance of recovery.  

REPORT FRAUD: Anyone with information concerning insurance fraud or vehicle theft can report it anonymously by calling toll-free 800.TEL.NICB (800.835.6422) or submitting a form on our website.

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 combatting and preventing insurance crime through Intelligence, Analytics, and Operations; Education and Crime Prevention; and Strategy, Policy, and Advocacy. The NICB is supported by more than 1,200 property and casualty insurance companies and self-insured organizations. NICB member companies wrote over $582 billion in insurance premiums in 2021, or more than 82% of the nation's property-casualty insurance. That includes more than 96% of the nation's personal auto insurance. To learn more, visit www.nicb.org.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/protect-your-ride-motorcycle-thefts-are-on-the-rise-for-second-year-in-a-row-301600622.html

SOURCE National Insurance Crime Bureau

Older

Meridian Celebrates 25 Years of Serving Michigan

Newer

America's Health Insurance Plans: Survey Shows Strong Action by Health Insurance Providers to Growing Mental Health Care Demands

Advisor News

  • CT governor’s candidates claims: What’s true, and what’s misleading
  • Retaining clients by giving them a memorable experience
  • Addressing the longevity paradox
  • Employers shift focus from retirement access to financial outcomes
  • Helping widowed clients navigate their new financial reality
More Advisor News

Annuity News

  • Symetra and TIAA Announce Launch of Mariner Re
  • Jackson Launches Suite of Fixed Index Annuities Focused on Accumulation
  • Farm Bureau P&C insurers post first underwriting gain since 2021
  • Legacy Marketing, Malibu Life launch two fixed indexed annuities
  • Changing client priorities are reshaping annuity conversations
More Annuity News

Health/Employee Benefits News

  • TRISTAR Insurance Group Appoints Viviane Ruiz as Senior Vice President of Managed Care
  • Board to weigh $1.6 million in raises as insurance costs climb
  • Employers adapting benefits to support caregivers
  • AM Best Assigns Credit Ratings to TMHCC (CI) Insurance SPC Ltd.
  • Building trust in a more complex Medicare Advantage market
More Health/Employee Benefits News

Life Insurance News

  • Symetra and TIAA Announce Launch of Mariner Re
  • Jackson Launches Suite of Fixed Index Annuities Focused on Accumulation
  • 115-year-old Pan-American Life Insurance Group on track to surpass $2B in revenue
  • Life insurers race to win retirement customers as distribution shifts
  • Life insurer ordered to stop selling new policies in Virginia
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.