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@Velocio
My plan is simple:
1) Insure it fully
2) A single mini d-lock if you're going to be sitting near and watching it
3) A mini d-lock plus a thick cable/chain if it's going to be out of view
4) Never leave it outside overnight
And quit worrying. You've stopped all the opportunity thieves, and if the bike still goes walkies you had it insured and will be fine.