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, and for motorcycle theft prevention tips, click here.

For more information about LoJack, visit: www.lojack.com.

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: www.progressive.com.