Advice please, whether to claim insurance or not

[Steam]

My insurance company, State, recently replaced all my gear after a crash, and they had a calculator to tell me how much I'd lose on higher premiums next year etc. I'd lose $400 on the excess & higher premiums over 2 years, but the payout for new gear would be $900, so it was worth it.
Ask your company, they should do the same. BTW, my gear was covered under my Home & Contents policy, I only have 3rd party on the bike.

[Swoop]

Sounds like you need a good lawyer... Do you know one?

[Clivoris]

Glad to hear that you're ok. I've just dealt with a similar dilemna. Initially I thought it wouldnt be worth claiming for the mostly cosmetic damage. What swung the decision in the end was how much difference the cosmetic damage can make to the resale. Both in value and marketability. I also claimed for my bike gear on my house and contents insurance. Have to say that my insurance companies have been awesome.

[davereid]

Glad you werent hurt. On my policy, I would have to make two claims - one for the bike, one for my gear, which is covered under my house policy cos its not bolted to the bike. Two claims may swing the balance in favour of not claiming - or of claiming for gear under household with low excess, but fixn bike yourself..

[Bloody Mad Woman (BMW)]

Sounds like you need a good lawyer... Do you know one?

I work for a legal firm lol

[Swoop]

I work for a legal firm lol

Yeah, I know.
Just me trying (and flailing,) to be funny...

Glad you're in one piece and can bitch on KB about it! Hope it all gets sorted asap!!!

[Titanium]

If you can get the bike written off, do it, buy a new one with the money and strip down your old bike and sell it for parts, dubble your money.

Yes what does happen if they write your bike off?? Surely you don't get to keep it?

Highly unlikely you would just get to "keep it". If the insurance company writes it off, they own the wreck. You may have an option to purchase the wreck at a negociated price if you choose to, back off the insurance company.

That has been my experience with a written off car.

Cheers

[sugilite:Me]

I'll give the bike a good wash and check over today, just to make sure we did not miss any other damage.
So far, from what I've seen it can be patched up for under $500.
Will know more in awhile.

[thehollowmen]

Be careful about claiming.
My policy went up by the amount I claimed the next year