Go Back  Bike Forums > Bike Forums > General Cycling Discussion
Reload this Page >

UPS lost my Bikeflights shipment

Notices
General Cycling Discussion Have a cycling related question or comment that doesn't fit in one of the other specialty forums? Drop on in and post in here! When possible, please select the forum above that most fits your post!

UPS lost my Bikeflights shipment

Old 11-03-22, 02:50 PM
  #176  
amazinmets73
Full Member
Thread Starter
 
Join Date: Aug 2010
Posts: 377
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 169 Post(s)
Liked 25 Times in 19 Posts
Originally Posted by njkayaker View Post
No.

Insurance exists to reduce risk. Lotteries aren't doing that.

Essentially, the point of insurance is to spread the risk (cost of a loss) across a population. That is, everybody is bearing the cost of small insurance payments to avoid a small risk of a large loss.

That service isn't going to be free.

The other thing you are missing is the issue of liability (reimbursing damage to other people's property).

One major point of requiring automobile liability insurance is to avoid having the person whose property is damaged from having to sue the responsible party to recover damages.

That is, it avoids the requirement of a civil suit and the risk of the person responsible not being able to pay damages.

That's a service too (which isn't going to be free).

"Essentially, the point of insurance is to spread the risk (cost of a loss) across a population. That is, everybody is bearing the cost of small insurance payments to avoid a small risk of a large loss."

Seriously, do you guys read any of my responses? I fully understand this and have already addressed it, as evidenced by my prior statement, which I will reiterate verbatim:


"Respondents, I am not saying we as a society shouldn't utilize insurance. It's probably better if everyone has slightly less money as opposed to most people having slightly more and a not insignificant percentage having their lives devastated."


"
That service isn't going to be free."

Well, obviously.
amazinmets73 is offline  
Old 11-03-22, 02:59 PM
  #177  
njkayaker
Senior Member
 
Join Date: Sep 2007
Posts: 13,572
Mentioned: 30 Post(s)
Tagged: 0 Thread(s)
Quoted: 3764 Post(s)
Liked 1,044 Times in 733 Posts
Originally Posted by amazinmets73 View Post
Seriously, do you guys read any of my responses? I fully understand this and have already addressed it, as evidenced by my prior statement, which I will reiterate verbatim:
Your comparison of insurance to lotteries shows you are nowhere near "fully understanding this".

Originally Posted by amazinmets73 View Post
"Respondents, I am not saying we as a society shouldn't utilize insurance. It's probably better if everyone has slightly less money as opposed to most people having slightly more and a not insignificant percentage having their lives devastated."
Originally Posted by amazinmets73 View Post
Not sure I follow your reasoning. Yes, obviously I'd like to recover the bikes. Doesn't change the fact the purchasing insurance is a losing proposition.

We are all aware (I would hope) that purchasing lottery tickets is on average a losing proposition by a significant margin. However, we can find numerous instances of individuals who've made a net profit playing the lottery. Does that invalidate the fact that lottery players lose money on average?

Same reasoning applies here. Yes, I may indeed have experienced negative variance, but purchasing insurance is still on average a losing proposition.
You contradict your earlier statement by pounding on the idea that insurance is a "losing proposition by a significant margin". If it's a "losing proposition", "society shouldn't utilize it".

Last edited by njkayaker; 11-03-22 at 03:13 PM.
njkayaker is offline  
Old 11-03-22, 03:44 PM
  #178  
Koyote
Senior Member
 
Join Date: Sep 2017
Posts: 6,554
Mentioned: 35 Post(s)
Tagged: 0 Thread(s)
Quoted: 5964 Post(s)
Liked 9,023 Times in 3,904 Posts
Originally Posted by amazinmets73 View Post
"Essentially, the point of insurance is to spread the risk (cost of a loss) across a population. That is, everybody is bearing the cost of small insurance payments to avoid a small risk of a large loss."

Seriously, do you guys read any of my responses? I fully understand this and have already addressed it, as evidenced by my prior statement, which I will reiterate verbatim:


"
Respondents, I am not saying we as a society shouldn't utilize insurance. It's probably better if everyone has slightly less money as opposed to most people having slightly more and a not insignificant percentage having their lives devastated."


"
That service isn't going to be free."

Well, obviously.
You don't understand it, even though it has repeatedly (and in different terms) been explained to you.

Financially, insurance does NOT leave "everyone" with "slightly less money." This statement that you keep repeating is just plain wrong. Incorrect. False.

Insurance provides benefits NOT JUST to claims recipients, but to ALL PEOPLE WHO PURCHASE IT. That is WHY they purchase it. The fact that you can't recognize it DOES NOT change the logic or reality.

I'm guessing that this lost bike (which could've been insured - d'oh!) might be the most valuable thing you own, in which case it may be an iota more difficult for you to understand why others might willingly insure their $50K cars and $500K houses. But it's really not that hard to understand. At least it's not for most people.

Last edited by Koyote; 11-03-22 at 03:51 PM.
Koyote is offline  
Old 11-03-22, 05:48 PM
  #179  
amazinmets73
Full Member
Thread Starter
 
Join Date: Aug 2010
Posts: 377
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 169 Post(s)
Liked 25 Times in 19 Posts
Originally Posted by Koyote View Post
You don't understand it, even though it has repeatedly (and in different terms) been explained to you.

Financially, insurance does NOT leave "everyone" with "slightly less money." This statement that you keep repeating is just plain wrong. Incorrect. False.

Insurance provides benefits NOT JUST to claims recipients, but to ALL PEOPLE WHO PURCHASE IT. That is WHY they purchase it. The fact that you can't recognize it DOES NOT change the logic or reality.

I'm guessing that this lost bike (which could've been insured - d'oh!) might be the most valuable thing you own, in which case it may be an iota more difficult for you to understand why others might willingly insure their $50K cars and $500K houses. But it's really not that hard to understand. At least it's not for most people.
Nah, I have a couple of bikes worth more and my car is worth 2k or so.
amazinmets73 is offline  
Old 11-03-22, 06:37 PM
  #180  
smd4
Senior Member
 
Join Date: Dec 2020
Location: Wake Forest, NC
Posts: 2,487

Bikes: 1989 Cinelli Supercorsa

Mentioned: 5 Post(s)
Tagged: 0 Thread(s)
Quoted: 1491 Post(s)
Liked 1,123 Times in 717 Posts
Originally Posted by amazinmets73 View Post
my car is worth 2k or so.
2k? Does it run?
smd4 is offline  
Likes For smd4:
Old 11-03-22, 06:47 PM
  #181  
Koyote
Senior Member
 
Join Date: Sep 2017
Posts: 6,554
Mentioned: 35 Post(s)
Tagged: 0 Thread(s)
Quoted: 5964 Post(s)
Liked 9,023 Times in 3,904 Posts
Originally Posted by amazinmets73 View Post
Nah, I have a couple of bikes worth more and my car is worth 2k or so.
You should come back to this thread when you own something that's worth insuring.
Koyote is offline  
Likes For Koyote:
Old 11-03-22, 06:56 PM
  #182  
amazinmets73
Full Member
Thread Starter
 
Join Date: Aug 2010
Posts: 377
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 169 Post(s)
Liked 25 Times in 19 Posts
Originally Posted by smd4 View Post
2k? Does it run?
Like a champ.
amazinmets73 is offline  
Old 11-03-22, 06:57 PM
  #183  
amazinmets73
Full Member
Thread Starter
 
Join Date: Aug 2010
Posts: 377
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 169 Post(s)
Liked 25 Times in 19 Posts
Originally Posted by Koyote View Post
You should come back to this thread when you own something that's worth insuring.
I own multiple bikes more valuable than the ones lost in shipping, and I received multiple lectures for not insuring those. Make up your mind.
amazinmets73 is offline  
Old 11-04-22, 07:48 AM
  #184  
pdlamb
Senior Member
 
Join Date: Dec 2010
Location: northern Deep South
Posts: 8,033

Bikes: Fuji Touring, Novara Randonee

Mentioned: 34 Post(s)
Tagged: 0 Thread(s)
Quoted: 2163 Post(s)
Liked 1,387 Times in 883 Posts
Originally Posted by smd4 View Post
2k? Does it run?
Runs fine downhill.
pdlamb is offline  
Likes For pdlamb:
Old 11-04-22, 04:14 PM
  #185  
CliffordK
Senior Member
 
CliffordK's Avatar
 
Join Date: Nov 2014
Location: Eugene, Oregon, USA
Posts: 27,273
Mentioned: 216 Post(s)
Tagged: 0 Thread(s)
Quoted: 16997 Post(s)
Liked 3,852 Times in 2,855 Posts
As far as shipping insurance. Most of the shipping damage I've encountered has been due to poorly packed items. And despite selling the insurance, the shipping companies are reluctant to reimburse for damages related to poor packing.

With computers, it is common to have all items controlled so they won't bounce around in the box, and the whole item surrounded by 2" of foam.

Bicycles seem to cram too much stuff into an undersized box.

Unfortunately it becomes a problem for E-Bay purchases where a buyer purchases an item with the expectation that it will be carefully packed and shipped to arrive intact. And a seller claims it was good when it left their control. Although I've had at least one item that I wondered if it was shipped broken. Why on earth would a seller have packed a power supply loose on top of a glass computer screen?

The OP's item was different since the label somehow wasn't scanning properly, and should have been replaced with a valid label.
CliffordK is offline  
Likes For CliffordK:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell or Share My Personal Information -

Copyright © 2023 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.