London cycle hire scheme may herald more bike theft

The mass cycle hire scheme due to be introduced in London next year may encourage a spate of bike crime, according to reports.

New figures reveal that in the two years since it was launched, the Velib hire scheme in Paris, has had 8,000 of its bikes stolen, while a further 18,000 have been damaged beyond repair. The scheme currently operates 20,000 bicycles.

A spokesperson for the Environmental Transport Association (ETA) said: “Mass cycle hire schemes are not without their problems, but the potential benefits to a city like London are huge.”

Protect your bicycle from theft

Bikes are particularly vulnerable to theft – it’s the reason that an estimated 500,000 bikes are stolen each year in Britain. Furthermore, in the case of an accident cyclists may need to seek compensation or even deal with a claim by someone else. Cycle insurance from the ETA is fully comprehensive.

At no extra cost, it includes new-for-old replacement, cover for accidental damage, third party insurance, personal accident cover and if you breakdown, a van comes out to recover you and your bike.

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