LanceLegs101 Posted June 13, 2009 Posted June 13, 2009 My Giant racing bike, a Giant TCR Composite 2 with Ultegra 10 spped, maroon and black bike. Was stolen in the university grounds in Potchefstroom yesterday night. If anyone sees the bike anywhere around Potch pleas pleas let me know! Need it back!
Capricorn Posted June 13, 2009 Posted June 13, 2009 i'm always curious about the circumstances, as that's where the rest of us derive learning from. Care to share the run up to the theft?
LanceLegs101 Posted June 13, 2009 Author Posted June 13, 2009 That's the thing, it was locked outside against a pole with a decent lock system but still when I came out of the building, gone. And I got the bike for a bargain brand new, and can't replace it with the money its insured for.LanceLegs1012009-06-13 05:22:18
gummibear Posted June 13, 2009 Posted June 13, 2009 They use Liquid nitrogen on the locks the same as they do with gear locks.Pour it on and then break it with a hammer. I hope you get it back soon.
Capricorn Posted June 13, 2009 Posted June 13, 2009 LN2 or bolt cutters.Hope you find your ride soon, and in good shape. damn bar stewards.
LanceLegs101 Posted June 14, 2009 Author Posted June 14, 2009 Thanx ya this really sucks just started training and with the new prices there no way i can get same setup as I had for R18000, can maby get 105 but ja! Stealing bastards hope I get that guy! BTW if anyone in Capetwon of Potch area know of decent second hand bike need one have to start training!LanceLegs1012009-06-14 07:08:33
Capricorn Posted June 14, 2009 Posted June 14, 2009 btw: what's the insurance saying,and will they cover you fully for your loss? mine gave me all sorts of BS hidden in the fine print. Granted, my fault I didnt read it all properly, but it still caused abit of a depression in the wallet. MIght as well have kicked me square in the nuts. Damn Bar Stewards!
LanceLegs101 Posted June 14, 2009 Author Posted June 14, 2009 Ya they gona pay out but only like R15500 and to replace my bike ima need like R25 000!! So ja now I sit with problem, wait for more omney or buy a K*K bike..
Capricorn Posted June 14, 2009 Posted June 14, 2009 hmm, why did they only pay out that amount? was that it's insured amount or did they apply some arb clause that defines a max pay out? was it insured under household or as a specified item? soz for all the Q's, but I wanna shift insurers so as to get a better deal in terms of biking passtime.
LanceLegs101 Posted June 14, 2009 Author Posted June 14, 2009 Was insured for that I only pay that was special the dealer had only 5 of those bikes for that price! What you can do is insure your bicycle so that they assess the value each year so that you don't sit in my situation.
Capricorn Posted June 14, 2009 Posted June 14, 2009 i think that is generally good advice. Full replacements are almost always more expensive, because that model item you lost might be EOL, and the new comparable item carries the stupid newness tax. But thats how the cookie crumbles i guess. But reassess we should,and if our bikes are essentially EOL, it's probably better to upward adjust the insurance and 'arrange' for the bike to disappear to Mocams kidding!!!
Capricorn Posted June 21, 2009 Posted June 21, 2009 Lancelegs101: how did the insurance cover it? as a specified item? I'm just curious because i had my MTB stolen from my backyard, but then the insurance only paid out and amount less than the replacement cos because 'it wasn't on the property'. Me: ?huh? it WAS on the property as that was my very own backyard.? Insurer: no, it wasn't inside the house. under the roof. behind a locked door.Me: wtf ever, honestly.
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