What happens to stolen bikes in India?

After the police submits a ‘non-traceable report’ stating that your bike could not be found, the insurance company initiates the process for approval of your claim. The stolen vehicle need to be transferred in favour of the insurance company and you will be reimbursed with an insured declared value (IDV) of your bike.

What do thieves do with stolen motorbikes?

With push/roll away thefts, motorcycle thieves often dump the vehicle locally, less than a mile away in many cases. They then leave the bike for a few days – they are looking to see if a tracker has been installed. If they return to no bike, because you have recovered it, they know you have a tracker on board.

What happens to bikes after they are stolen?

Report the theft to the police You might think the police will do nothing. But the fact is that almost half of stolen bikes are eventually recovered by the police. And the only reason that just 5\% of stolen bikes are returned to their owners is that the police can’t link the bikes to the owners.

Where do most stolen motorcycles go?

Parting the Bike At the chop shop, stolen motorcycles are typically dismantled and sold as parts.

How can I find my stolen motorcycle in India?

#2. Top 7 Ways You Should Know to Find Your Stolen Bike

1. Way 1. Use Security Camera Footage.
2. Way 2. Use Cycle GPS Devices.
3. Way 3. Check Craigslist.
4. Way 4. Go to Flea Markets.
5. Way 5. Register Your Stolen Bike.
6. Way 6. Try Your Social Media.
7. Way 7. Fill an Insurance Claim.

How do I claim for stolen bike in India?

Here’s how you can go about bike insurance claim process for theft:

1. Step 1: File FIR (First Information Report): Filing an FIR is a crucial step.
2. Step 2: Call your Insurance Provider:
3. Step 3: Intimate the Road Transport Office (RTO):
4. Step 4: Gather the Required Documents:
5. Step 5: Submit an Untraceable report:

Is it hard to steal a motorcycle?

Motorcycles are extremely easy to steal. Four men can lift one into the bed of a pickup truck and before morning, not even the owner will recognize his own vehicle. Motorcycles have so many custom interchangeable parts that the thief can make the bike look completely different.

Is it a crime to steal a bike?

Many people rely on their bicycles and other vessels for transportation and work. It may be tempting to “temporarily borrow” someone else’s bicycle, boat or other vessel without their consent, however the unlawful taking of a bicycle or vessel is considered a theft crime under California Penal Code Section 499b PC.

Are motorcycles easily stolen?

Why Motorcycles are More Likely to be Stolen Motorcycles have a substantial resale value, making them a more attractive target for thieves. Motorcycles have fewer barriers to thieves. For example, a criminal would have to break into your car through a window or door to get access.

Do motorcycles get stolen easily?

They are extremely easy to steal. The average motorcycle(especially sport bikes) only weight around 400 pounds. Even with a disc or steering lock in place, two grown people can easily lift the bike into a van or in the bed of a truck and drive right off.