Greater costs and deductibles for electrical bike theft

Insurers are more and more tightening the circumstances for insuring electrical bikes towards theft, indicating the AD. For instance, the ANWB not too long ago made a second slot necessary and a deductible was launched. The rationale for that is that electrical bikes are stolen extra typically.

“By introducing a deductible, we need to hold our bike insurance coverage inexpensive,” an ANWB spokesperson instructed the newspaper. The quantity is 5 % of the sum insured. Based on the insurer, the possibility of an e-bike being stolen has elevated by 41 % in three years. Final yr, round 90,000 thefts have been reported to the police.

Univé additionally instructed the AD that they’re making an attempt to introduce deductibles. The variety of stolen electrical bikes that required fee has tripled on the firm up to now 4 years. At Univé, homeowners can voluntarily set a share of as much as 500 euros in trade for a lower cost.

The newspaper writes that the majority insurers have elevated costs. An electrical bike shortly prices a number of thousand euros, which insurers need to pay out to clients if they’re stolen. Final yr, it was reported that 621 million euros price of those insurance coverage insurance policies have been taken out.

Final yr, the ANWB determined fully to forestall fats brick insurance coverage. The corporate mentioned that in Amsterdam, for instance, there was a theft charge of 90 % for this kind of e-bike. Different main gamers additionally don’t insure fats bikes. Some insurers additionally refuse City Arrow cargo bikes.