Bike theft may increase, warns home contents insurance provider

Thursday, 14 May 2009, 11:54am
Bike theft may increase, warns home contents insurance provider

Home contents insurance provider Halifax has warned that the number of bicycles being stolen in the UK may increase.

Halifax Home Insurance has conducted research that suggests that bicycle theft may become an increasingly common crime in the UK during the summer months.

The home contents insurance provider published figures which show that bicycle theft increased by seven per cent over the summer months last year.

It also cited a study by Which? that revealed that bicycle sales have increased by 50 per cent in recent weeks, suggesting that this summer could be a bumper year for bicycle thieves.

Martyn Foulds, senior claims manager for Halifax, said: "We anticipate that this year bike thefts may be on the up as warmer weather prevails, people look for ways to economise and domestic burglary generally increases."

Recently, it emerged that Conservative party leader David Cameron had had his bicycle stolen by thieves from outside his home.

It is the second time that the Tory leader has lost his bike in the space of ten months.
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