Not VanMoof, but I worked in the project team doing the theft recovery platform for Gazelle. We managed to recover literally almost every bike, and the recovery rate was 140% because we often found more than just 1 bike reported stolen.
It really worked unexpectedly well, I've heard a lot of skepticism and I don't know how things are at VanMoof but if the will is there it really works
Thanks. The bikes are beautiful which is obviously a double edge sword as it makes them that much more desirable to thieves. It looks like the bikes start at $2500 so $133 a year for insurance isn't terrible. The fact that they offer this just makes me think wow this a forward thinking company, which is also evident in their bikes.
* You pay $400 for 3 years of coverage. * Must have the bike locked and file a police report. * They can choose whether or not to attempt recovery. * If they choose not to, or fail to recover the bike, they'll replace it. * Up to 3 replacements are covered in the 3 years.
So it's really just theft insurance but they can attempt to recover low-hanging fruit. In wonder what their attempted recovery rate is.
[1] https://www.vanmoof.com/en-US/peace-of-mind