Category Archives: Insurance

Theft Protection

Cars nowadays have GPS be it for navigation or as an anti-theft device. They can be programmed to lock up the vehicle remotely. Heard of thieves who have found the car seize up right on the road? No science fiction involved, as all that it involves is a programmed interface that will prevent the car being used beyond a certain geographical area.

Bikes, the human or perhaps battery-aided device, have an extremely vulnerable set up that makes them difficult to protect. Short of putting them in a closed space or locking up the whole bike, including all parts, with multiple chains and padlocks, they are generally prone to be stolen.

Passive RFID chips today have the ability to be used as part of an anti-theft set up. With fractal antennae and and external readers, they can be part of a surveillance system that can provide a fair level of security. Not that this frees one from taking elementary steps to prevent theft, such as locking up the bike securely, or even using a bike station.

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Posted by on April 24, 2011 in Insurance, Mobility, Security, Theft



Bike Theft Insurance

Bike gone; Photo: Bogdix; Creative Commons licenseInsurance firms appear not to have latched on to the impact of safe and secure bike parking on theft and vandalism of bikes.
In the case of cars and other motorized vehicles, insurance premiums vary depending on where vehicles are parked, be they in garages or out in the open.
In the case of bicycles however, there has been no encouragement and/or premium plans that factor in this aspect. Insurance firms would profit from such differentiation, just as bike owners would reduce insurance premiums, if they were to use safe and secure bike parking facilities.


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