Today, cycling has been a popular means of transportation for its economic and health benefits. The number of bikers in the United States has significantly increased over the years and around 66.5 million Americans rode their bicycles in 2016. Bikes can be expensive. While there are those in the low-cost range of $80 to $300, high-end bikes can cost a consumer about $1000 to $5000. For this reason, cyclists are very much interested in ensuring them against theft or loss, or when they hurt somebody while riding their.