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Thread: The Insurance & the Bike from Hell!

  1. #16
    Join Date
    28th September 2004 - 12:00
    Bike
    XR600
    Location
    California
    Posts
    1,163
    insured my 94 cbr for about $7k and insurance is about 1k a year how do i get that down? besides not falling off?

  2. #17
    Join Date
    13th November 2004 - 08:11
    Bike
    2001 Suzuki SG350 'Goose'
    Location
    Napier, New Zealand
    Posts
    279
    Quote Originally Posted by Funkyfly
    the insurance company normally just takes the word of the bike shop who's pricing everything up to fix.

    When i crashed my GSXR k2 they said it was only worth $4000 as a wreck! Due to this low value it was touch and go if they would repair it or write it off.

    I kicked up a big stink and said if they were to repair it then it would have to be perfect and if it wasnt they would know about it! (it was mint before the crash)

    anyway they decided they didnt want to deal with me on an ongoing basis and wrote it off.

    The bike shop that said it was only worth $4,000 then put in a tender for over $5,500 for the wreck!

    Thats just plain rude, at least they didnt get it, it was sold to another guy for just over $6,000!

    My guess is they lowered the valuse of the wreck so it would make fixing it a more viable option and they would have some work.

    Now, that is just downright dirty and nasty!!! Hate it when I see that sort of crap!
    This is who we are



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  3. #18
    Join Date
    13th November 2004 - 08:11
    Bike
    2001 Suzuki SG350 'Goose'
    Location
    Napier, New Zealand
    Posts
    279
    Quote Originally Posted by takiniteasy
    insured my 94 cbr for about $7k and insurance is about 1k a year how do i get that down? besides not falling off?
    Sorry to say, but unless you are either over 25 and have a full licence, you are pretty much stuck with it. I was meant to be paying $846 per year.
    This is who we are



    <A HREF="http://www.nitpickers.com/"> <IMG SRC="http://www.nitpickers.com/gifs/regicon2.gif" ALT="Registered Nitpicker"> </a> <BR>

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