Riders can get a 20 percent discount on motorcycle insurance plus $50 rebate on recovery system
According to the National Insurance Crime Bureau, more than 60,000 motorcycles were stolen last year: that's one bike stolen every 8.7 minutes. But riders may be able to save money and protect themselves from motorcycle theft by taking advantage of a program from LoJack Corporation and Progressive.
Riders can get a $50 rebate from LoJack on the LoJack for Motorcycles Stolen Vehicle Recovery System by downloading the online rebate form on motorcycle.progressive.com. Progressive insurance customers who have LoJack installed on their bikes can now also get a 20 percent discount on their Comprehensive coverage premium.
Each LoJack system includes a small, silent radio transceiver hidden on the bike by a LoJack certified technician. Once a theft is reported to law enforcement, the LoJack transponder is activated. The system sends out a signal that police vehicles, helicopters and fixed wing aircraft, equipped with LoJack Police Tracking Computers, can follow to recover the stolen bike. In the last three years, the LoJack System has helped law enforcement recover more than 1,500 stolen bikes.
The rebate and discount are available in select states. For more information about Progressive's motorcycle coverages, visit motorcycle.progressive.com, and for motorcycle theft prevention tips, click here. For more information about LoJack, visit http://www.lojack.com.
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