e-bike theft doubles in a single year
June 3, 2024
E-bike sales might have taken a dip last year, but it hasn't stopped thieves targeting them. In fact, the crime appears to be soaring. Reported theft of e-bikes has doubled over the space of 12 months.
According to the police, there were 103 per cent more reported e-bike thefts in 2023 compared to 2022 – and over two-and-a-half more than in 2021.
Around 140,000 e-bikes were sold in the UK last year - a figure representing 9 per cent of all cycles sold, but 31 per cent of the total value.
There's little doubt e-bikes are pricey. The battery alone can cost £500 to replace, so it's no surprise they're targeted by criminals.
E-bike insurance
A good lock can only go so far in protecting an e-bike from a determined thief.
The good news is that most cycle insurers now cover e-bikes as standard. However, every provider does things differently.
For example, some insurance providers boast about replacing stolen bicycles on a new-for-old basis, but once your bike is a few years old it no longer qualifies so they devalue it anyway. Others make it difficult to claim for stolen batteries and other components.
Here at ETA cycle insurance, we don't think that's right. We never devalue bikes, no matter their age, we have a no-quibble battery theft policy, and we cover components including quick-release wheels. We know how troublesome it can be to break down on a bike so we include Cycle Rescue; a recovery service that covers punctures, mechanical problems and even a flat battery.
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Read a full list of everything we include.
The ethical choice
The ETA was established in 1990 as an ethical provider of green, reliable travel services. Over 30 years on, we continue to offer cycle insurance , breakdown cover and mobility scooter insurance while putting concern for the environment at the heart of all we do.
The Good Shopping Guide judges us to be the UK's most ethical provider.
Information correct at time of publication.