Some insurers also have a sub-limit for bikes, e.g. $1,500. We know of only one lucky friend who was able to recover a stolen bicycle after pedaling around his neighborhood and just happening upon the thief riding his easily-recognizable custom bike. After confronting the thief on on the spot (a risky approach that police advice against), the thief abandoned the bike and ran for it. Like I said, this friend was one of the lucky few. Often, expensive bikes are stolen for the purpose of making a quick buck. Bike thieves might try to sell your stolen bike on popular online marketplaces like Facebook, Criagslist, or eBay.
Most of our friends have had a bike (or two) stolen from a public bike rack in town, off the back of their car, out of their vehicle’s trunk, or even lifted right out of their garage. My husband and I counted ourselves lucky, until we recently, involuntarily joined the ranks of the sad and pissed-off bike-less. Explore the ideal new ride in our range of kids’ bikes, electric bikes, ride-ons, and more! Whether you’re shopping for the family princess or the local superhero, we’ve got you covered with Disney and Marvel bikes. First turn in all the way the adjustment on the lever. Then squeeze the rear brake levers together and see if you can get the screw in the hole it came from.
There’s an additional premium for this coverage—State Farm quoted us $300 annually for $5,000 worth of coverage—but there’s generally no deductible. Plus, your gear is insured wherever it is, so if your bike gets stolen outside of your home, that theft would be covered huffy trail runner by personal property insurance. While our homeowner’s insurance policy wouldn’t cover our stolen bike, we learned that many insurance companies offer supplemental coverage for personal property (or “personal articles policy”), which includes sports equipment.
In 1966, Huffman introduced a new long-wheelbase bicycle frame called the Rail. The new frame was approximately 4″ to 5″ longer than previous models. The new frame became Huffman’s base model until 1968. In 1968, in an effort to market a children’s bicycle with an automotive theme, Huffman designers added a car-type steering wheel in place of handlebars to the Rail frame, which became the Huffy Wheel. Generally, both homeowner’s insurance and renter’s insurance cover the theft of personal property, but that’s not a guarantee that you’ll be able to recoup the value of your stolen bicycle. Our homeowner’s insurance (through State Farm) covers theft of personal property, but our annual claim deductible is $3,800—about $800 more than the Santa Cruz Tallboy was worth brand new.
By 1953, a Huffy logo was created and Huffman switched all its bicycles to the Huffy brand. A few of the most popular models included the Special Roadster, the Racer, the LaFrance, and the Streamliner. The company lost much of its market share in the 1980s after failing to capitalize on the mountain-bike craze and losing its appeal to younger bikers. huffy cruiser Once your bike is in the system, you’ve essentially created a dog tag for it. If it gets stolen, you mark it as lost or stolen on the site and post about your bike across Bike Index’s social media platforms. If other Bike Index users or partners (like police departments, bike shops, etc.) locate your bike, they can notify you via the site.
If you haven’t already, register all of your bikes on Bike Index, a website run by a non-profit that helps users locate stolen bicycles with the help of other users and police departments across the country. In our case, it made no sense to file a claim since there would have been no insurance payout. It’s also worth noting that many insurance policies will only pay out the actual cash value of your bike, not the total cost of replacement. So unless your bike is brand new, expect the insurance company to account for depreciation.