One other thing, they will try and 'write the bike off' as being too expensive to repair (ie; more than book value)
However, you insured your running vehicle to have a running vehicle. You do not have to accept the write off. You can force them to either fix yours or replace it.
If you have examples of bikes in the same shape, for far more than book value, you are ahead.
A buddy got his '85 Shadow 1100 ran into a few years back and they wanted to give him $1200 for it. He laughed and told them he wanted it replaced with one in the same condition.
HE found one that was close, they bought it, for $3200.
Also, be VERY wary of them writing it off, then buying it back. In some places it is very hard to recertify a write-off.
However, you insured your running vehicle to have a running vehicle. You do not have to accept the write off. You can force them to either fix yours or replace it.
If you have examples of bikes in the same shape, for far more than book value, you are ahead.
A buddy got his '85 Shadow 1100 ran into a few years back and they wanted to give him $1200 for it. He laughed and told them he wanted it replaced with one in the same condition.
HE found one that was close, they bought it, for $3200.
Also, be VERY wary of them writing it off, then buying it back. In some places it is very hard to recertify a write-off.
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