Fat bikes stolen so often that ANWB stops insuring

The financial damage caused by fat bikes currently exceeds eight times the premium income. 10,000 fat bikes are insured under the ANWB.

The ANWB says that stopping insuring fat bikes is necessary to keep bicycle insurance affordable. The “SUV on wheels” is making a huge advance this year.

Fat bikes are stolen so extremely often in the Netherlands that the ANWB no longer insures them. It is the second company to reject fat bikes. Owners of the trendy electric bikes can no longer contact bicycle insurer Kingpolis either, reports the Frisian company on their website.

The ANWB will stop insuring Fatbikes, the electric bike with fat tires, in early September. The “extremely high” number of thefts and the trend to increase bicycles is the reason for the ANWB to stop taking out insurance for the time being. Fatbike owners with current insurance will be notified when it ends. The ANWB stops to keep bicycle insurances generally affordable. Because of the number of thefts, the average costs are rising and so are th…

The theft of fat bikes is so bad that the ANWB has decided to stop insuring the rips. According to the union, it is no longer a question of whether but when this two-wheeler will be stolen.