Got your bling...we are airing valid points and agree you probably know all the facts in the absence of which there will be some of us who will raise things.
If bike is insured that is covered
ACC - well 80% is better than nought. The missing 20% may well be what he saves in some expenses that he may incur if he was up and running.
If you want people to help then you have to think about explaining the facts...not saying you are doing anything dodgy...but we should be satisfied with the rational of your judgement...
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