I want to ride my bicycle (and it to stay where I left it)

With lock down having seen a rise in bike sales, have you decided to get back on two wheels?

It’s safe to say everyone’s lives have been altered this year, one way or another. Some people have changed jobs, some have moved homes and some are contemplating whether office work will ever be the same again!

Having been forced to change our lifestyles for a number of months (with these changes set to continue) the way we go about our lives in the future might have changed too. Have you decided to work more days at home, than in the office or have you decided to change the way you get to work, i.e not take public transport? If it’s the latter, you might have decided to dust the cobwebs off your bike, or to buy a brand new one.

According to the Bicycle Association in the UK “between April and June 2020, bicycle sales increased by 63% year-on-year” and at the end of July, the Government launched the Fix your Bike Voucher Scheme which allows members of the public to receive a voucher worth up to £50 towards the cost of repairing a bicycle (note: all the vouchers in the first batch have now been allocated).

With more people having and using bikes (and the Government actively encouraging it too), keeping these bikes safe and secure is vital. BikeRegister has seen a ‘significant spike’ in bike thefts – up 48% in June compared to last year, and up 51.5% in July. BikeRegister Managing Director James Brown advises "Thieves will have struggled to commit crimes during lockdown due to the restrictions that were in place. However, as these restrictions eased and people started moving around more, criminals faced an easier task, and they now have the bonus of being able to target the thousands of new bikes bought during the last few months. The need for using quality, robust locks and security marking your bike is greater now than it has ever been. These two simple steps will help deter thieves from targeting your bike if it is left unattended. Security marking at point-of-sale is what is needed, but retailers understandably seem to have other priorities at the moment, such as keeping up with demand for new bikes!".

So what can you do to make sure your bikes are safe and stay where you left them?

  1. Buy a safe and reliable lock (the Cyclist website lists the best locks to choose)
  2. Register your bike
  3. Take photos of your bike
  4. Lock your bike where there’s CCTV visible
  5. Lock your bike even if it’s in a garage
  6. Insure your bike

‘Pedal cycles’ are automatically covered in our Executive Plus and Executive Home policies as general contents and are covered anywhere in the world as long as they are secured when left unattended.

BikeRegister gives some advice on what you should do if you unfortunately become a victim of bike theft.




Notes to Editors:

About Covéa Insurance

Covea Insurance plc is the UK underwriting business of leading French mutual insurance group Covéa, who are number 1 for property and liability insurance in France, generating over 16.3 billion Euros in premiums in 2017.  

Covéa Insurance looks after the insurance needs of over 1.5 million policyholders; delivering financial reassurance through its Standard & Poor’s A+ stable rating, as a guaranteed subsidiary of Covéa. 

The company offers motor, household, protection, pet, mid and high net worth insurance and a range of commercial insurance products, through a range of distribution channels. Employing over 1800 people, Covéa Insurance has a strong people and service ethos, having Investors In People Gold accreditation and is signatory to the HM Treasury Women In Finance Charter. It also has World Class service accreditation from the Institute of Customer Service for its Motor Claims, Home Claims and Underwriting Services teams as well as Chartered Insurer status for its Commercial and Mid/High Net Worth business.

In 2018, Covéa Insurance were recipients of the Personal Lines Insurer of the Year award at both the British Insurance Awards and the Insurance Times Awards and was the top rated insurer in the Insurance Times Broker Service Survey for both Personal and Commercial Lines.

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E: Dianne Smith T: 07796 695 090

How to secure your bike

The most secure way to lock your bike is with two locks (and ideally to a bike rack that’s cemented into the ground). The first lock should go around the back wheel, the frame and the bike rack. The second should go around the front wheel, the frame and preferably the bike rack as well.