Bicycles account for 36% of home contents theft claims, according to Zurich UK.
Data published by the insurer today again put bicycles – which in 2018 accounted for just a fifth of the claims figures – at the top of the list of the most stolen household items. Bicycles emerged as the most sought-after item for home thieves in 2021.
Zurich UK reported the following breakdown:
|
Content Type |
2021 |
2020 |
2019 |
2018 |
|
Bicycles |
36% |
39% |
24% |
20% |
|
Jewellery/watches |
35% |
36% |
45% |
51% |
|
Cash and bank cards |
15% |
19% |
24% |
25% |
|
Laptops and tablets |
7% |
6% |
12% |
17% |
|
Mobile phones |
6% |
4% |
6% |
11% |
|
DIY tools |
5% |
6% |
6% |
5% |
|
Clothes |
3% |
5% |
8% |
6% |
|
Sports equipment |
3% |
6% |
3% |
4% |
|
Other electricals |
1% |
3% |
6% |
6% |
“Generally speaking,” said Zurich UK personal lines head Phil Ost, “cover for bikes is common under household policies, though customers need to ensure that this is sufficient, especially for more expensive models. These may need to be listed separately if they’re above a certain value.
“We’d also recommend customers check that policies protect their bikes while they’re out and about as many thefts occur away from home. Deterrents such as locks are also crucial.”
According to the insurer, the average claim for a stolen bicycle stands at £634.
