For people who use bicycles for transportation, their wheels represent so much more than just fun and entertainment.

They’re also a money-saving way to commute around town and get some exercise without spending money on gas or car insurance.

When times are tight and people are out of work, many will do most anything to make a buck—including stealing that expensive bike you spent months saving to buy. That’s why it’s important to keep your bike locked up when you’re not riding it.

The more difficult you can make it for a thief to steal, the less likely they’ll take the time and energy to steal yours, and the more likely they’ll move on to someone else’s.

But besides locking up your bike, there’s something else you can do to protect yourself against bike theft, something many people aren’t aware of: include it in your contents coverage under your homeowner’s insurance policy.

It’ll cost you next to nothing to insure it (unless it’s a super expensive touring version or the like), yet you’ll have peace of mind that your ride will always be there—or be replaceable—should it ever turn up missing.

For tips on avoiding bicycle theft and keeping your bike safe and secure, read our article titled Thieves on Two Wheels. Then talk to your insurance agent about insuring your bike—before a thief beats you to it!