Insurance claim question

[The Pastor]

Mr Heads insurer cannot write off what they have no legal claim to... Mr Head is obliged to cover costs incurred as he is the at fault party...If Mr Head wants to claim via his insurance company that is for him to consider...no?

I would love to see some authoritive posts from insurers on this subject, (I know you are watching) ....because taking this another step...

What would happen if both parties were insured, but the bikes owner knowss if he hands the matter to his own insurer to claim, they can then (contractually between them and the bike owner) be able to force a "market value" settlement on the bike owner, who is victim of anothers fault. In which case, he may choose not notify his insurer, but opts instead to persue compensation for the bikes "improved" value which may be above the market value...although there would be some effort involved to substantiate the improved value.

Can of worms this one, IMO

Yeah I think you are one of about 5 people who understand, It could be my shocking communication skills, but i think this one is a tricky one to comprehend.

The value would be easy to substantiate, take it to a certified repairer, in this case I'd recommend someone like f1 engineering, because they have done some of the work on my bike, and they have the skills to fix it, but who ever fixes it doesn't matter, they will put a quote on for the work, and that would be the "value" of the bike.

The insurance scum have agreements with each other, that say we will fix our guys damage, you fix yours. Its called knock for knock. That is where both parties will get payed out market value, even though you only have an agreement with your insurance scum to write off the bike if you make a claim with them.

[FJRider]

I dont think I am making a claim, the guy who crashed intome would be the one making a claim

Then you hand details of HIS insurance coy to YOURS ... who chase THEM for costs of repair ... Once a claim is made ...by either insurance coy ... it's out of your hands ... and it is either repaired ... or payout at agreed insured value (minus depreciation)

Keeping vehicle at it's market value insured rate is a good idea ... as if you are paying for an insured value of say $6000 and the market value is $2500 ... likelyhood is ... you get $2500 on write-off ...

[short-circuit]

Give up RM honestly...

[The Pastor]

I've just re read my posts, and i'm not trying to offend anyone, but I have posted offensively, so i apologize.

I'm just arguing the case out infront of the kb jury, because it will get argued in court.

The main argument is, that to me my bike is worth a sentimental amount, it has no value., to the market its worth $2,000, and its replacement (repair) value is $7,000.

Who pays what.

At the end of the day, as been mentioned here before, a judges job is to award judgment based on what is fair and reasonable.

Now my argument would be simple, Before the accident i had a Primo bike that i LOVED.

Now i don't have it, and would like it back.

Is it fair and reasonable, for the damage that was done, to be repaired?

Now think of this, if they pay out $2,000 market value, and i buy the bike (still WTF on this one :P) back for say $500, how the duck am I going to repair it for $1500, that doesn't even cover the cost of the exhausts :S

I think practically, I should re-vin the bike (kinda should really do that due to its mods) so it is no longer a cbr250rr, but as myname250rr (i.e., its a custom), that way they cant get a market value for it.

[The Pastor]

Then you hand details of HIS insurance coy to YOURS ... who chase THEM for costs of repair ... Once a claim is made ...by either insurance coy ... it's out of your hands ... and it is either repaired ... or payout at agreed insured value (minus depreciation)

Keeping vehicle at it's market value insured rate is a good idea ... as if you are paying for an insured value of say $6000 and the market value is $2500 ... likelyhood is ... you get $2500 on write-off ...

Read my reply about knock for knock,

And i don't have insurance.

and I don't trust the insurance scum with my bike, tbh.

[The Pastor]

Give up RM honestly...

I really want to talk to a lawyer about this, but that cost $$

[Jantar]

Then you hand details of HIS insurance coy to YOURS ... ......

Trev, RM is NOT insured. He has no insurance company. Therefore he has the right to chase the other driver directly.

[Indiana_Jones]

I really want to talk to a lawyer about this, but that cost $$

citizens advice bureau?

-Indy

[short-circuit]

Trev, RM is NOT insured. He has no insurance company. Therefore he has the right to chase the other driver directly.

That's the second time he's been told in the last two pages and that point's been made constantly throughout the entire thread....

and still

[FJRider]

Trev, RM is NOT insured. He has no insurance company. Therefore he has the right to chase the other driver directly.

I just love it when "rights" are mentioned ...

If he spoke to a lawyer ... and has a reasonabe case ... and the alledged guilty party CAN afford to pay costs ... (ie: has money) The mere threat of court action may get his desired result ... (a nicely worded letter with a legal firm letterhead can get results)

[thepom]

That will teach you to get insurance and for blinging up a bike thats not worth the extra parts....

[scumdog]

Unbelieveable. Did either of the two previous posters read the thread?

1. RM isn't talking about making a claim - he is the uninsured (but not at fault) party.

2. The insurance co representing the other party has no power to 'write off' RM's bike - the insurance company simply has to pay for the damage done by their client surely.

" I dont like insurance.

BUT, this has been on my mind for a while.

If someone crashes into my $2,000 bike, and dose $7,000 damage. Can I force their insurance to repair rather than replace it? "


GENERALLY (and I guess we all to generalise to our detriment!) a statement as per above incidate the poster is (a) in that situation or (b) possibly trolling...less likely.

And sadly I was treating the post as a genuine question ("If somebody crashes into MY bike") from somebody who was in that situation but didn't want to admit it, common amongst younger one...

EDIT: And no, I hadn't read the whole thread before replying.

[The Pastor]

That will teach you to get insurance and for blinging up a bike thats not worth the extra parts....

actually if you understand what im asking, it would be advisable not to have insurance in this case.

and also, what a sad whingy old pom you are, I'm not allowed a bike that I want? duck off back to Russia you communist!

[The Pastor]

I just love it when "rights" are mentioned ...

If he spoke to a lawyer ... and has a reasonabe case ... and the alledged guilty party CAN afford to pay costs ... (ie: has money) The mere threat of court action may get his desired result ... (a nicely worded letter with a legal firm letterhead can get results)

One would hope so.

now imagine your in this situation, being taken to court and you have insurance.

If it were me being taken to court, and I did have insurance, I would be screaming blue bloody murder to everyone, the insurance scum, fair go, the news, anyone who would listen.

[The Pastor]

citizens advice bureau?

-Indy

The CAB do not give out legal advice, they get someone (lawyer) in once a week (Thursdays 7pm for birkenhead), to answer your questions, but you only get like 10-15mins with him, and i doubt hes an insurance lawyer.