BicycleLaw writes that between 800,000 and two million bikes are stolen annually in the US, with losses now estimated at a billion dollars. Most thefts go unreported, and only 5% of stolen bikes are returned to owners, despite a 48% recovery rate by police. The site stresses two key prevention pillars: thorough documentation (serial numbers, receipts, photos) and proper locking technique. Owners are advised to register their bikes with national or international registries and ensure insurance coverage. If a bike is stolen, victims should file a police report, use their documentation, and check online marketplaces, pawn shops, and local bike shops. Recovery is possible but depends on proactive owner action and proper records. BicycleLaw provides practical guidance on insurance, lock selection, and what to do if a bike is stolen, aiming to empower cyclists to better protect and recover their bikes.
