Insurance for city cyclists is too expensive

Insurance companies tend to charge double for bike insurance in the big cities, even though the risk of having a bike stolen is no higher than in rural areas, according to research by consumers’ organisation Consumentenbond. A three-year package for a bike worth €750 costs around €180 in Amsterdam, but just €90 in the countryside. In Amsterdam, nine bikes are stolen per 1,000 residents every year. But in the Frisian town of Harlingen, the cheapest place in the country to … Continue reading Insurance for city cyclists is too expensive