Market value?

[Big Dog]

I involved my insurance company initially to sort out the accident - after they talked to the other parties company and got the description off the accident off both of us, they decided he was 100% at fault and then said they would no longer be involved and I had to deal directly with the other parties insurance company.

The other parties insurance company made me sign a waiver with them to say I didn't have insurance. They then gave me a claim number and advised me to have the bike towed at their expense to my chosen repair place for appraisal. Then about 3 weeks later they came back and said it would be written off and sent me a letter offering me $9k for it. That's about when I started this thread.

I'm trying to learn as much as I can in quite a short time. On the plus side I'm a fast learner, on the minus side there is a lot of confusion and misinformation to be found too.

You sir they have over a barrel and they are reaching for the Vaseline.

You have provided false information. If they know this they may refuse your claim. If they chose to do that good luck getting insurance without lying on the application where it asks "have you ever had an insurance claim denied".

If your insurance company gave you the flick when blame was apportioned name them, shame them and change insurer. They insure you and are supposed to pay you out and seek restitution from the other party or their insurer.

Or were you hoping to not lose your excess by leaving your insurer out of it? If so change your insurer. Most reputable companies have no excess for no fault claims.


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[Big Dog]

Actually they will with no problems..... Wish more people would realise this instead of thinking they need to buy a 600 or 1000.......

But as you were.....

Depends on gearing, distance and load. My 350 was magic from CBD to west Auckland. Not so to Bombays. Got really hot droning along at high rpm. Re geared it, much better. Too late, already losing oil and frothing what was left. Will probably make it my summer commuter if / when I can manage an engine rebuild.


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[Voltaire]

How badly damaged is the bike? Might be worth taking a mix of cash and bike and flogging the bike on TM or parting it out.
Although I am in the " you should have had insurance' camp I have ridden with no insurance on and off in the past.

My Subaru got nicked from outside my house and they amazingly caught the guy, after roadspiking him and the car being wrecked....
I had to pay the $400 excess until they get it from him..... gotta love Insurance Companies.

[ldcroberts]

You sir they have over a barrel and they are reaching for the Vaseline.

You have provided false information. If they know this they may refuse your claim. If they chose to do that good luck getting insurance without lying on the application where it asks "have you ever had an insurance claim denied".

If your insurance company gave you the flick when blame was apportioned name them, shame them and change insurer. They insure you and are supposed to pay you out and seek restitution from the other party or their insurer.

Or were you hoping to not lose your excess by leaving your insurer out of it? If so change your insurer. Most reputable companies have no excess for no fault claims.


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I don't have insurance to cover damage to my vehicle. I think they require that in writing to stop people claiming insurance twice from your own company and then the other.

[ldcroberts]

How badly damaged is the bike? Might be worth taking a mix of cash and bike and flogging the bike on TM or parting it out.
Although I am in the " you should have had insurance' camp I have ridden with no insurance on and off in the past.

My Subaru got nicked from outside my house and they amazingly caught the guy, after roadspiking him and the car being wrecked....
I had to pay the $400 excess until they get it from him..... gotta love Insurance Companies.

frame bent, forks bent, wheel bent, headlights smashed, fairings cracked, mirror broken off. possible to straighten I'm sure but hard to be sure of actual cost and resale worth afterwards. In the scenario I kept it I'd get less than 5k towards it from the present offer the insurance company has made.

[Voltaire]

They are trying to fuck you. Get lawyered up. I have a recommendation for you: a mate of mine is a specialist insurance lawyer. Its what he does. Its all he does. He will tell you. I have PM'ed you his website. My serious suggeston is that you talk to someone who knows what the fuck they're talking about. That isnt me. Its not any of these internet people (if indeed they are people and not just the voices in my head).

No disrespect to the fine legal community but who gets " lawyered up" over $1500?

I sold a house recently and it was $300 an hour to basically do some form filling and photocopying.

[FJRider]

No disrespect to the fine legal community but who gets " lawyered up" over $1500?

I sold a house recently and it was $300 an hour to basically do some form filling and photocopying.

If it gets to court ... it'll be "over" $11,000 ... as ALL previous offers will be out the window.

[FJRider]

frame bent, forks bent, wheel bent, headlights smashed, fairings cracked, mirror broken off. possible to straighten I'm sure but hard to be sure of actual cost and resale worth afterwards. In the scenario I kept it I'd get less than 5k towards it from the present offer the insurance company has made.

With all your experience and integrity ... would you buy (and trust) a motorcycle seller ... that advertised repair was made to a bike with such damage ... ??? And still pay market value for that model ... ???

[ldcroberts]

With all your experience and integrity ... would you buy (and trust) a motorcycle seller ... that advertised repair was made to a bike with such damage ... ??? And still pay market value for that model ... ???

nah no chance, however I don't really understand why the wheels need to line up exactly - I'm sure a little bit of a variation doesn't matter for average on-road conditions.

[Jantar]

nah no chance, however I don't really understand why the wheels need to line up exactly - I'm sure a little bit of a variation doesn't matter for average on-road conditions.

Oh dear. I think you may have another accident.

[Mike.Gayner]

nah no chance, however I don't really understand why the wheels need to line up exactly - I'm sure a little bit of a variation doesn't matter for average on-road conditions.

Oh jesus, idiocy confirmed.

[Erelyes]

nah no chance, however I don't really understand why the wheels need to line up exactly - I'm sure a little bit of a variation doesn't matter for average on-road conditions.

I don't really understand why drinking brake fluid isn't recommended - I'm sure a little bit of poison doesn't matter for your average human being.

[Madness]

No disrespect to the fine legal community but who gets " lawyered up" over $1500?

The same kind of fuckwit that believes the act of running in a brand new bike increases its value, the same kind of fuckwit who's willing to effectively pay someone to run their new bike in for them, the same kind of fuckwit that doesn't understand the importance of wheel alignment on a motorcycle and lastly, the same kind of fuckwit that is prepared to take a trivial insurance claim international for the sake of making a point. I could be wrong.

[skippa1]

nah no chance, however I don't really understand why the wheels need to line up exactly - I'm sure a little bit of a variation doesn't matter for average on-road conditions.

I think Cassina has two profiles

[ldcroberts]

Oh jesus, idiocy confirmed.

Ok I looked it up, doesn't have to be exact - can have a little bit out without anything noticeable, but we are talking a few mm only of course.

http://classicmotorcycles.about.com/...-Alignment.htm