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wondering what the insurance will do
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TOPIC: wondering what the insurance will do
#511675
wild_mac (User)
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wondering what the insurance will do 10 Months, 3 Weeks ago  
hi all, as some of you know i had a bike accident friday night,i figure the insurance adjuster will be here this week to look at the bike,just wondering what the norm is per say when it comes to fixing it or will it be written off because of its yr,i'm sort of in a limbo not knowing to look for a bike or parts,,thanks
 
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#511688
Greysnake (User)
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Gender: Male Location: Lawrenceburg,Kentucky. Birthdate: 1951-01-00
Re:wondering what the insurance will do 10 Months, 3 Weeks ago  
Hope your feeling better today. I know you listed what was damaged but I don't remember. If the frame it bent anywhere they usually scrap it.
 
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#511707
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Re:wondering what the insurance will do 10 Months, 3 Weeks ago  
shoulder is still a bit sore,some stiffness in my legs,but coming around,thanks,the frame dont appear bent,but a buddy of mine seems to think their write it off because of its age,all i see is the fender and rail,the forks bent at the top,handlebars are bent a bit,crash bar drove back on the left side and sheared the floorboard off,signal light on left side,i dont think the wheel or tire is hurt
 
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#511711
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Re:wondering what the insurance will do 10 Months, 3 Weeks ago  
wild mac wrote:
shoulder is still a bit sore,some stiffness in my legs,but coming around,thanks,the frame dont appear bent,but a buddy of mine seems to think their write it off because of its age,all i see is the fender and rail,the forks bent at the top,handlebars are bent a bit,crash bar drove back on the left side and sheared the floorboard off,signal light on left side,i dont think the wheel or tire is hurt oh yeah almost forgot quite a softball size dent in the right side of the tank dont know what caused that
 
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#511712
Roger7886 (User)
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Re:wondering what the insurance will do 10 Months, 3 Weeks ago  
I'm not an insurance adjuster, but I'd say if the forks are bent, along with all that other damage, you may be looking for a new ride soon. Id still try and buy it back and part it out of there's anything worth parting out anyway.
Id be almost willing to bet the guy will say since the forks are bent that the frame must be bent as well... Again, I'm not an adjuster, just what I think you might hear when he comes.
 
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#511728
fireman922 (User)
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Re:wondering what the insurance will do 10 Months, 3 Weeks ago  
From the looks of the pictures you posted after the wreak, I can see why they totaled it. If you were in the States, it might be worth it to buy back for next to nothing and part out. Canada has all those import/export regulations that would make it a pain in the butt. Hope they are making it worth the loss.
 
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#511731
Big Dawg (User)
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Re:wondering what the insurance will do 10 Months, 3 Weeks ago  
For the most part, it's simply a factor of how it would cost to repair the bike vs. the book value. And by book value, I don't think they give you a lot of credit for extras.

I don't think it costs a lot to buy it back. My dad had an accident a year or so ago in his Kia Van. There was just body damage, but they totaled it. They were going to give his a little over 6K for it.

He bought it back with a salvage title for a grand and has been driving it ever since.





BD
 
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#511775
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Re:wondering what the insurance will do 10 Months, 3 Weeks ago  
Glad you are up and about. I crashed in April. Have a 2001 with 34,000+ miles. Had $3062 in damage $22 short of totaling it out. Said book was $4750 and extras are just a cost to you. This is in Minnesota
 
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#511776
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Re:wondering what the insurance will do 10 Months, 3 Weeks ago  
buy back was $1600
 
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#511787
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Re:wondering what the insurance will do 10 Months, 3 Weeks ago  
papabuck wrote:
buy back was $1600 thanks for the info papabuck,i kinda figure book value is only around 4000,i knew add ons were worth nothing,i will buy it back if given the oppertunity,,i'm up but cant do anything with my left arm for 2 weeks its in a sling,doctors put me off work for 2 weeks and then it states its inconclusive if i'll be going back right away (i drive a self loading log truck) i told my insurance agent this sat morning when i called in the accident report he says oh its hardly worth putting a claim in for 2 weeks,(i can see he's on my side)
 
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