Protect Your Motorcycle and Save Money with Progressive and LoJack
Riders can get a 20 percent discount on motorcycle insurance plus $50 rebate* on recovery system
MAYFIELD VILLAGE, Ohio — June 30, 2009 — According to the National Insurance Crime Bureau, more than 60,000 motorcycles were stolen last year: that's one bike stolen every 8.7 minutes. That's the bad news. The good news is that now even more riders can save money and protect themselves from motorcycle theft by taking advantage of a program from LoJack Corporation and Progressive.
Riders can get a $50 rebate from LoJack on the LoJack for Motorcycles Stolen Vehicle Recovery System by downloading the online rebate form on motorcycle.progressive.com. And, Progressive customers who have LoJack installed on their bikes can now also get a 20 percent discount on their Comprehensive coverage premium.
Each LoJack system includes a small, silent radio transceiver hidden on the bike by a LoJack certified technician. Once a theft is reported to law enforcement, the LoJack transponder is activated. The system sends out a signal that police vehicles, helicopters and fixed wing aircraft, equipped with LoJack Police Tracking Computers, can follow to recover the stolen bike. In the last three years, the LoJack System has helped law enforcement recover more than 1,500 stolen bikes.
The rebate and discount are available in select states. For more information about Progressive's motorcycle coverages, visit motorcycle.progressive.com. For general bike protection and security, view these motorcycle theft prevention tips.
For more information about LoJack, visit http://www.lojack.com.
About Progressive
The Progressive Group of Insurance Companies, in business since 1937, is one of the country's largest auto insurance groups, the largest seller of motorcycle policies, and a market leader in commercial auto insurance based on premiums written.
Progressive is committed to becoming consumers' #1 choice for auto insurance by providing competitive rates and innovative products and services that meet drivers' needs throughout their lifetimes, including superior online and in-person customer service, and best-in-class, 24-hour claims service, such as its concierge level of claims service available at service centers located in major metropolitan areas throughout the United States.
Progressive companies offer consumers choices in how to shop for, buy, and manage their auto insurance policies. Progressive offers its products, including personal and commercial auto, motorcycle, boat, and recreational vehicle insurance, through more than 30,000 independent insurance agencies throughout the U.S. and online and by phone directly from the Company. Private passenger auto products and prices are different when purchased directly from Progressive or through independent agencies. To find an agent or to get a quote, go to http://www.progressive.com.
The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, are publicly traded at NYSE:PGR.
About LoJack
LoJack Corporation, the company that invented the stolen vehicle recovery market more than two decades ago, is the global leader in finding and recovering a wide range of mobile assets including cars, construction equipment and motorcycles — having recovered more than $5 billion USD in stolen assets worldwide. In today's rapidly changing world, LoJack's core competencies are more valuable and more relevant than ever as they are now being applied into new areas, such as the prevention, detection and recovery of stolen cargo and finding and rescuing people with cognitive disorders such as Alzheimer's and autism. LoJack has the proven processes, ultimate technology for recovery — Radio Frequency — and unique integration with law enforcement agencies, making its offerings the most effective solutions that not only deliver a wide range of recoveries, but also enhance the safety of the public on a global level. LoJack's Stolen Vehicle Recovery System operates in 27 states and the District of Columbia, and in more than 30 countries throughout North America, South America, Europe, Africa and Asia. For more information, visit http://www.lojack.com.
*NOTE: $50 rebate available in select states through August 31, 2009
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