Your insurance keeps renewing at the same rate after 1 or more claims??? Can you... | Hacker News

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		Scoundreller on Feb 17, 2023 \| parent \| context \| favorite \| on: Where do stolen bikes go? Your insurance keeps renewing at the same rate after 1 or more claims??? Can you identify the insurer so I can short their stock?

seanmcdirmid on Feb 17, 2023 [–]

Reading the comment, it seems like they are getting a bunch of other stuff covered, so the insurance company is still making a profit even if they are constantly getting reimbursed for stolen bikes?

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