What is BikeGuard™: The Free Bike Registry?
A bicycle is stolen every seven seconds in the U.S., and while thousands of bicycles are recovered by law enforcement each year, very few are returned. The reason is that there is often no way to identify the bicycle's owner.
BikeGuard™: The Free Bike Registry is a service hosted by MyAssetTag, an online retailer which makes asset tags to identify your bike in case of theft or accident. We catalog bicycles and their owners via individual numbers stamped on the frame of registered bikes. And we offer asset tags and registration for up to three bikes to bike owners across North America for free.
Why We Do It: because the cyclists here at our Brooklyn office know what it's like to lose a bike, when it's most probably languishing in the storeroom of a police station because it lacks proper identification. As one police station puts it, "The purpose of the program is to reduce the number of bicycles stolen and assist the police in the recovery of stolen bicycles."
n plainest words, to have some measure of luck getting your bike back, and to increase your chances of having your bike returned to you if it is found.
Registering your bike greatly increases the likelihood that it will be returned to you if recovered. Because registered bikes have a greater chance of being returned to owners when lost or stolen, registries are used as an aid by police stations and bike owners and lovers to identify and return stolen bicycles. In other words, a bike registry will help reunite victims of theft with their stolen bicycles.
A police officer may take into possession and impound any bicycle being operated or possessed that is not registered or otherwise tagged. The PD may keep the bicycle impounded until the owner shows proof of ownership. In some states, if the owner has not registered or requested the return of his/her bike with proof of ownership within 90 days of impoundment, the bicycle is considered unclaimed evidence and the city may retain the bicycle for its use, transfer the bicycle to another governmental entity, donate the bicycle to a charitable organization or sell the bicycle.
For reference, the Anchorage Police Department alone disposes of 800-900 bicycles a year because of unknown ownership.