Tiger Tales 14: Motorcycle Thefts by the Numbers
By the Law Tigers
America’s Injury Lawyers Who Ride
Motorcycle Thefts by the Numbers
With increasing popularity of motorcycling, motorcycle thefts are also on the rise based upon the most recent data from 2005. Throughout the USA, 70,613 motorcycles were stolen in 2005 which was a slight decrease from the 71,108 stolen in 2004. These figures represent a loss of over $434 million to motorcycle owners and the insurance industry.
Motorcyclists are proud of their machines, oftentimes spending a great deal of time and money on their rides, from elaborate paint schemes and chromed parts to specialized frames and high-performance engines and exhaust systems. It’s not uncommon for a motorcycle’s base price to exceed $20,000 with aftermarket parts adding thousands of dollars more to the original price.
With low recovery rates nationally, motorcycle owners need to take every precaution in protecting their investments. We recommend locks and good insurance plus always keep a file with receipts and even pictures documenting any changes.
California beat all other states in the USA with the number of motorcycles stolen during 2005!
- California – 9,110
- Florida – 6,324
- Texas – 5,755
- North Carolina – 3,053
- Ohio – 2,573
- Arizona – 2,464
- New York – 2,195
- Indiana – 2,186
- Georgia – 2,159
- Pennsylvania – 2,021
