There’s an additional premium for this coverage—State Farm quoted us $300 annually for $5,000 worth of coverage—but there’s generally no deductible. Plus, your gear is insured wherever it is, so if your bike gets stolen outside of your home, that theft would be covered by personal property insurance. While our homeowner’s insurance policy wouldn’t cover our stolen bike, we learned that many insurance companies offer supplemental coverage for personal property (or “personal articles policy”), which includes sports equipment.
He said Tuesday that the deal must be approved by the bankruptcy court and that other companies will have a chance to bid for Schwinn’s assets. “But we feel good about having a bid going into the process,” Graber added. Schwinn, based in Boulder, Colo., is one of the most widely recognized bicycling brand names in the world and will strengthen Huffy, said Don Graber, Huffy’s chairman, president and chief executive.
Most of our friends have had a bike (or two) stolen from a public bike rack in town, off the back of their car, out of their vehicle’s trunk, or even lifted right out of their garage. My husband and I counted ourselves lucky, until we recently, involuntarily joined the ranks of the sad and pissed-off bike-less. Explore the ideal new ride in our range of kids’ bikes, electric bikes, ride-ons, and more! Whether you’re shopping for the family princess or the local superhero, we’ve got you covered with Disney and Marvel bikes. First turn in all the way the adjustment on the lever. Then squeeze the rear brake levers together and see if you can get the screw in the hole it came from.
In 1970, the Huffy Corporation was founded as an umbrella company to house the Huffy Bicycle division, as well as Huffman Manufacturing Company’s emerging sporting goods line. Considering our lifestyle and the number of bikes and skis we own, the extra $300 per year is probably worth it. I always did fork over for every insurance huffy nighthawk policy known to man when I played the board game Life—and I always won. You can register your bikes on the site as soon as you acquire a new bike, or retroactively when you have a bike stolen. All you have to do is create a free account and add your bike details like manufacturer, serial number, frame color, and a photo.
If you haven’t already, register all of your bikes on Bike Index, a website run by a non-profit that helps users locate stolen bicycles with the help of other users and police departments across the country. In our case, it made no sense to file a claim since there would have been no insurance payout. It’s also worth noting that many insurance policies will only pay out the actual cash value of your bike, not the total cost of replacement. So unless your bike is brand new, expect the insurance company to account for depreciation.
In mid-1968, Huffman released the Flaming Stack chain guard, which was designed to look like the distinctive side exhaust pipe covers on the Corvette sports car. Later that same year, Huffman released a new Slingshot model with 16″ front dragster wheel, and 20″ rear. The new 1969 models where the last year for the three-bar Rail frame style. In 1970, Huffman deleted their three-bar frame and went to a two-bar Rail frame, eventually adding additional two-tone fade paint jobs along with Persons striped seats. So if your bike was stolen from your home and you have homeowner’s or renter’s insurance with a low deductible, go ahead and file an insurance claim as soon as you’ve filed a police report.
The Huffy Trail Runner has exactly what you need to enjoy a fun ride around the bike path . Once you file a police report, temper your expectations. Chances are your local police department has their work cut out for them dealing with more serious crimes than bike theft.