Insurance discount and rebate offered for motorcycle LoJack
The Staff of Clutch and Chrome
May 9th 2008
One of the
leading motorcycle insurers is offering a 20 percent
coverage discount as well as a $50 rebate on "LoJack for
Motorcycles".
It’s now
even more affordable for motorcycle riders to protect their
bikes. Now, all riders can get a $50 rebate from LoJack on
the purchase of their LoJack for Motorcycles Stolen Vehicle
Recovery System. Simply visit
Progressive’s Web site
and download the online rebate form. And,
Progressive customers who have LoJack installed on their
bikes will also receive a 20 percent discount on their
Comprehensive Coverage.
According to the National Insurance Crime Bureau, motorcycle
thefts increased nearly 135 percent from 2001 to 2005. More
than 70,000 bikes were stolen in 2005 alone — that’s one
bike stolen every 7.5 minutes. The good news is there’s a
system proven to help recover stolen bikes — LoJack. Thanks
to a highly successful relationship with police, LoJack has
helped to recover more than $8 million in motorcycle assets
in the U.S. since early 2005.
Each LoJack system includes a small, silent radio
transceiver that is hidden on the bike by a LoJack certified
technician. Once a theft is reported to police, LoJack is
automatically activated. The system sends out a signal that
police vehicles, helicopters and fixed wing aircraft,
equipped with Police Tracking Computers, can follow to
recover the stolen bike.
"Bikers are passionate and spend a lot of time and money on
their rides" said Heather Day of Progressive. "We want to
make it easier and more affordable for them to protect their
prized possessions"
The rebate is good in all 26 states and the District of
Columbia where LoJack operates. Bike owners who redeem it
will receive a $50 rebate on the LoJack for Motorcycles
System. The 20 percent Comprehensive discount is now
available to Progressive customers in eight of the 26 LoJack
states. It is expected to become available in several more
of these states by the end of the year. |
