376,000 households admit to storing their bicycles in the bedroom
12 July 2016
As the Tour de France returns to our screens, research from the Co-op Insurance has revealed that 376,000 households*in the UK are opting to share their bedroom, with not only their partner, but their bicycle too.
As space becomes scarcer, and with the average bicycle worth around £294, it’s no wonder that 2million** safety conscious cyclists (16%) are storing their pride and joy in unconventional places in the home, in addition to bedrooms. Whilst over a third (35%) keep their bikes in the shed, other places include the hallway and the living room, with some cyclists admitting to storing their muddy bike alongside their white goods, in the utility room.
Despite believing this to be the safest way to store their bikes, almost a quarter of people (23%) have had their bicycle stolen from inside their homes, and a third (29%) have had their bikes stolen from their garden. And more than 1 in 10 people (13%) have experienced a bike theft from outside a supermarket or shop.
The research also shows that thieves are busiest in the East Midlands (28%), who hold the unfortunate top spot for most stolen bicycles, with West Midlands (25%) and London (20%) second and third. In contrast the North East seems to be the place for peace of mind, with only 12% of cycle thefts.
Caroline Hunter, Head of Home Insurance at the Co-op, said: “If the Tour de France inspires you to buy the latest bike, be sure to store it somewhere safe, and as secure as possible, whether out and about or at home. Taking just a few small steps can make a big difference, in keeping your bike safe from thieves.”
Jim Maddan OBE, chair of Neighbourhood Watch, said: "Our advice for keeping your bike safe is to use the very best locks you can afford on the bike itself and, importantly, the place where you store it, such as a shed or garage or even your home itself. Consider marking it with your postcode or a forensic marking product so if it is stolen, you have a greater chance of getting it back."
The Co-op Insurances home contents policy covers bicycles whilst on insured premises (subject to a £2,000 limit for thefts for contents from outbuildings).
If cover is required for when the customer is out and about, for bikes worth less than £1,000 the customer will need to purchase Unspecified Personal Possessions Cover. If the bike is worth more than £1,000 the customer will need to purchase Specified Personal Possessions Cover.
The Co-op Insurance offers the following top tips for keeping your bike safe:
Notes to editor:
*One Poll questioned 2,000 UK adults online on behalf of the Co-op Insurance in 2016.
There are 27 million households in the UK according to ONS data 2015. http://www.ons.gov.uk/peoplepopulationandcommunity/birthsdeathsandmarriages/families/bulletins/familiesandhouseholds/2015-11-05
(50.95% people own bikes) x (27 million households) = 13,756,500 million households who own bikes
(13,756,500 million households) x (2.75% - people who store bikes in bedrooms) = 376,750 household store bike in bedroom
**Bike owners who store their bicycles in their home 16% (16%) x (13,756,500 million households) = 2.1million people