Plaidophile

So, the good news is it turns out my homeowner's policy does cover the stolen bike. The bad news is that my deductible is $500, so at most I'll expect to get like $100 back (probably less, what with having a whole 4 months of depreciation). Ugh.

Oh, and rather than get a check for the difference up-front, I need to itemize my claim, get a "settlement amount" from them, and then prove that I've used that amount of money to replace the item (which means if I buy something used off Craigslist I'll need to get a receipt etc.). So even though I lost property, I'm only covered for it if I run out and replace it right away (and possibly with the identical item, even though the last few days of riding on the Dahon have made me realize that I actually want a different bike than what was stolen; I'm really liking grip shifters, for example).

Plus, after doing all that, I'm guessing my policy premium will go up (I should have asked the claim representative while I had him on the phone), making anything I get back more like a permanent loan which I can never pay off. So maybe it's not worth going forward.