Retailers are spending millions to combat organized theft from stores

Re:Retailers are spending millions to combat organized theft... by nikanj on Friday September 03, 2021 @11:11AM (#28405251)

Same with bike theft in Vancouver. Nobody bothers reporting it, so the statistics aren’t too bad

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Re:Retailers are spending millions to combat organized theft... by the-dude on Friday September 03, 2021 @12:03PM (#28405959)

Isn't there any incentive for your claim on your theft insurance?

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Re:Retailers are spending millions to combat organized theft... by blacksmith_tb on Friday September 03, 2021 @06:05PM (#28409929)

It's fairly uncommon to have insurance specifically for your bicycle, so most people would be filing claims against their renters' (if they have it) or homeowners' insurance. Given the size of those deductibles ($500 is the US average for homeowners', I would think Canada is similar [1]) lots of people would just buy another bike that costs less.

1: https://www.insurance.com/home-and-renters-insurance/home-in...

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Re:Retailers are spending millions to combat organized theft... by desmosxxx on Friday September 03, 2021 @08:25PM (#28410956)

even for claims above deductible but still relatively minor (2-3x maybe?) it might not be worth it financially (in the long run) depending on your provider and any previous claims of course

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Re:Retailers are spending millions to combat organized theft... by the-dude on Sunday September 05, 2021 @05:05AM (#28422663)

In NL you can insure your bike for theft upon purchase ( or later ).

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