Need some advice following crash dealing with insurance... - Page 2



Page 2 of 2 FirstFirst 12
Results 21 to 33 of 33

Thread: Need some advice following crash dealing with insurance...

  1. #21
    klr_guy's Avatar
    Join Date
    Sep 2002
    Location
    Ajax
    Posts
    2,586

    Re: Need some advice following crash dealing with insurance...

    Forum Sponsor
    Quote Originally Posted by MSFT View Post
    Originally it was just a little north of 1k... I actually spoke to someone with some sense in the last hour and they've added to it now it is a little shy of 2k... which I am more satisfied with... I don't want to deal with this headache anymore!

    I truly appreciate all the great advice.. it was definitely helpful and will be on my mind when I choose to get a new bike.. this year.. or next... Hopefully this year lol
    Take your money and call it a day.
    BLUE_KAWI: "The real powers at be have already decided who will win. PC are going to win. Itís already been decided. Why do you think Tim Hudak looks so comfortable on camera?"

  2. #22
    JavaFan's Avatar
    Join Date
    Mar 2017
    Location
    613 ghetto
    Posts
    2,501

    Re: Need some advice following crash dealing with insurance...

    Quote Originally Posted by MSFT View Post
    Originally it was just a little north of 1k... I actually spoke to someone with some sense in the last hour and they've added to it now it is a little shy of 2k... which I am more satisfied with... I don't want to deal with this headache anymore!

    I truly appreciate all the great advice.. it was definitely helpful and will be on my mind when I choose to get a new bike.. this year.. or next... Hopefully this year lol
    looks like a great settlement
    cafe bikes are in fashion, so I understand how you may see value differently
    I'd take that dough and smile, glad it worked out for you

    this situation also goes for folks that spend a ton of dough on accessories and mods
    not hard to get carried away and spend an extra 10k on a bike

    but if the bike is not insured for the added value and is written off
    you get only market value for the bike, the 10k is gone

  3. #23

    Re: Need some advice following crash dealing with insurance...

    Quote Originally Posted by klr_guy View Post
    Take your money and call it a day.
    That's the plan. They could only adjust up to a certain amount without going through the paperwork.. finding receipts.. speaking to another appraiser option...

    I'm going to take it and forgo the further headache...

  4. #24
    matthew's Avatar
    Join Date
    Jun 2003
    Location
    Toronto / Orangeville
    Posts
    4,171

    Re: Need some advice following crash dealing with insurance...

    $2000 for that? Take the money
    Well-weathered leather
    Hot metal and oil
    The scented country air
    Sunlight on chrome
    The blur of the landscape
    Every nerve aware

    Rush - Red Barchetta

  5. #25

    Re: Need some advice following crash dealing with insurance...

    Next bike, something more visible to the trucks behind you

  6. #26

    Re: Need some advice following crash dealing with insurance...

    And leave big mirrors on your bike and signals...its not worth a life for the aftermarket small crap out there.

  7. #27

    Join Date
    Jun 2005
    Location
    Aprilia Caponord (RIP), 1974 mini
    Posts
    5,672

    Re: Need some advice following crash dealing with insurance...

    Did you bang your helmet in the wreck? If the helmet has a mark on it then it's garbage and insurance will pay for a new one. I find the bright yellow ones to help pick out bikes in a sea of cars.

  8. #28
    Moderator
    Join Date
    Jan 2004
    Location
    on my bike
    Posts
    7,882

    Re: Need some advice following crash dealing with insurance...

    Quote Originally Posted by MSFT View Post
    Originally it was just a little north of 1k... I actually spoke to someone with some sense in the last hour and they've added to it now it is a little shy of 2k... which I am more satisfied with... I don't want to deal with this headache anymore!
    For that bike ... take the money and run ... which it looks like you have already decided to do.

    For next time, if the bike is really going to be worth something and it isn't going to be daily-ridden, look into agreed-value insurance.

    Otherwise ... Don't spend too much money on a vehicle that doesn't have agreed-value insurance on it ... or, be willing to take your lumps.

  9. #29

    Join Date
    Jul 2013
    Location
    Oshawa/Thornhill
    Posts
    2,951

    Re: Need some advice following crash dealing with insurance...

    Quote Originally Posted by raginduck View Post
    Next time they call... Tell them you have to call them back, that you've just arrived at your doctor's.. because your back is feeling weird and is starting to bother you.
    Then call them back and discuss your appraisal.
    That is poor advice. It is TWO completely different departments that deal with AB, (Accident Benefits), and the one that deals with property damage. The appraiser could care less if you told him you lost and arm and a leg in the accident he/she is ONLY concerned with paying out the least amount for the property.

    Glad to hear OP, you have come to what you consider a reasonable offer. I am surprised that they increased that much. I would have suspected them to go from 1K to maybe $1300. Take the 2K and RUN...lol You will if you don't already, have the money in a matter of hours. When my last bike was written off, I asked the adjuster how long before I see a cheque, his reply was cheques are so yesterday. give me your email and we will eTransfer the money to you. I had the cash deposited and available in approx 2 hours...lol
    Last edited by hedo2002; 07-12-2018 at 03:03 PM.

  10. #30

    Re: Need some advice following crash dealing with insurance...

    Quote Originally Posted by FJRrider View Post
    And leave big mirrors on your bike and signals...its not worth a life for the aftermarket small crap out there.
    Bump to that, those after market mirrors are death traps and taking out the signals, yes it's legal to hand signal but Tony the Trucker dong a 14 hr shift on 401 ain't gonna see your tiny arm signal in black leather at night, and make you roadkill.

    Funny your bike looked way better and cool in the original pic than in the after pic. Sorry to say in the after pic the bike looks like a bad hipster home job.

    My advice if you find another one like this keep it in it's original state, the value is better and more appreciated as a clean classic rather than the flavour of the month urban hipster ride. The best ones out there I've seen only had small changes to them like perhaps the seat in a tan leather and maybe lower bars but they kept all the other original parts fenders included.
    Last edited by Veej; 07-12-2018 at 04:58 PM.
    Veej....

    http://www.envogueimages.com
    Well-weathered leather, Hot metal and oil, The scented country air. Sunlight on chrome, The blur of the landscape, Every nerve aware. - Red Barchetta-Rush

  11. #31
    Riceburner's Avatar
    Join Date
    Aug 2002
    Location
    Stuck in Reality
    Posts
    6,920

    Re: Need some advice following crash dealing with insurance...

    +1 Take the $$$. Just south of $2K, you are ahead of what the bike was worth. If the 2nd pic was the way it was at time of accident, you couldn't sell it for $1k unless it was someone really wanting that particular year as a project....even then maybe not.
    Last edited by Riceburner; 07-12-2018 at 08:01 PM.

  12. #32

    Re: Need some advice following crash dealing with insurance...

    Quote Originally Posted by Riceburner View Post
    +1 Take the $$$. Just south of $2K, you are ahead of what the bike was worth. If the 2nd pic was the way it was at time of accident, you couldn't sell it for $1k unless it was someone really wanting that particular year as a project....even then maybe not.
    This was my first bike and I honestly planned to ride it until it was done..
    It probably looks better in person than in the photo.. I got a lot of positive comments on it.. and there were things in the pipeline I had planned still.
    Ah well.. I think my days of customizing like that are done.. lol.. time to start riding a R6

    Thanks everyone for the help and non trolly comments

    MUCH appreciated!

  13. #33

    Re: Need some advice following crash dealing with insurance...

    Unbelievable. $2K for a 40 year old beater. I guess we shouldn't complain about the high insurance rates we have to pay here in Ontario.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •