I agree, cameras will do NOTHING for you, your bike will be tossed in a stolen van and stripped down to parts, before the police finish taking the report. GET theft insurance!!
If you under reported the value of your bike and have collision on it then you'll be screwed IF you need to make a claim, in fact insurer "can" refuse to honor the policy as you made a "material misrepresentation." Unless your bike is stupidly expensive, (like $100,000), then the difference in premiums for a $5,000 as apposed to a $10,000 would be VERY minimal. Which the insurers call INSURANCE FRAUD. good luck getting another "reasonable" policy if your black listed for that.
If your town is "pretty safe" then obviously you don't need theft insurance NOR do you need an alarm system, after all, the town is "pretty safe." Nt even sure why you have an alarm on your house and garage... See the flaw in your logic?