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Re:US DOT awards $800M toward street safety by rhaway84773 on Wednesday February 08, 2023 @10:16AM (#34709174)
I’ve had a $300 used bike service me just fine for over 11 years now.

There was a period right during/after the pandemic where things were really bad but it’s settled to a fairly decent situation.

If you ride a $500 bike then you will probably be fine factoring in a $50-$100 theft cost at most.

Finally, most bike theft is covered under rental insurance, which isn’t all that expensive to begin with, and is highly recommended anyways.

Re:US DOT awards $800M toward street safety by notch898a on Wednesday February 08, 2023 @11:14AM (#34710159)
Might want to check the deductible on your renters insurance. For me it'd be a total loss. Basically only worth it if someone drives up with a moving truck and just steals half the house or if someone gets hurt and sues me for medical bills.