How to equip your e-bikes with GPS Tracking and recovery service to meet Dutch insurance demands
E-bike theft is rising in the Netherlands, leading insurers to require GPS tracking and recovery services for coverage. As theft rates climb, these technologies are essential for protecting e-bikes and reducing risks for both insurers and manufacturers. This post highlights how Comodule, the leader in IoT solutions for micromobility, and their partner FRIS, provide best-in-class security and recovery services for e-bikes. These innovations enable to sell insurance-compliant e-bikes in the Netherlands and enhance the overall e-bike security with tracking and anti-theft features.
E-bike theft is on the rise in the Netherlands
Roughly 62 percent of bike owners purchase an insurance policy for their e-bike in the Netherlands. With e-bike thefts increasing, premiums for e-bike insurance have surged, especially for specific type, like fat-tyre bikes. According to the NL Times, many insurers "are now refusing to cover e-bikes unless they are equipped with a GPS tracker" due to the growing number of thefts, which reached around 55,000 in 2022. This shift makes GPS tracking for e-bikes essential, and the owners without it may find it difficult to secure affordable or any insurance at all. Comodule offers seamless, real-time tracking and alerts, making it easier for insurers, the bike recovery service, and bike owners to track and retrieve the bikes.
Dutch insurers now demand GPS tracking and recovery services
Many insurers now refuse to cover e-bikes without GPS-enabled systems and recovery services. Comodule’s IoT solutions allow manufacturers to integrate real-time tracking that includes in-app theft reporting with recovery service, making the process after bike theft simple and robust for the user. Quick reaction and theft reporting process after bike theft is important to keep the recovery rate above 90%. The tracking + recovery solution reduces the number of e-bikes that stay lost to a minimum. It mitigates the risks for insurance providers, therefore providing discounts and/or benefits for e-bikes equipped with compatible GPS tracking devices.
How does it work?
Why GPS tracking and bike recovery services are critical?
GPS tracking alone is not enough; FRIS adds a critical layer by physically recovering stolen bikes. Together, Comodule and FRIS provide a complete solution, helping insurers ensure that stolen bikes are both tracked and recovered quickly. This partnership enhances the overall security package and meets insurers’ requirements for coverage.
Benefits for bike brands and insurers
For e-bike brands, integrating Comodule’s IoT solutions offers a competitive advantage as the majority of the consumers require insurance compability for their bikes. Insurers also benefit from fewer claims, and can often offer better insurance premiums or benefits for tracked bikes while customers gain peace of mind knowing their bikes are secure. This seamless integration between technology and insurance drives both cost savings and customer satisfaction.
How to sell insurance-compatible e-bikes in the Netherlands
Comodule’s IoT systems keep e-bikes connected and secure, while FRIS ensures that stolen bikes are recovered quickly. This partnership delivers a market-leading solution for the Dutch market, providing bike brands with the tools they need to stay competitive and meet evolving insurance standards.
Comodule offers flexible tracking solutions for bike brands to sell insurance-ready e-bikes in the Netherlands:
Comodule makes your e-bike models IoT-ready
Trackers are installed in the factory or as a retrofit
The solution can be sold as an OEM product (included in the bike price or as an accessory) or Comodule retail product
Installation manuals and marketing assets are included to promote trackers to the dealers/users.
Learn more about Comodule’s GPS tracking and recovery services by visiting our Dutch market GPS solutions page.
