MotoHouston.com MotoHouston.com
Register Members List Member Map Media Calendar Garage Forum Home Mark Forums Read

Go Back   MotoHouston.com > Technical > How To's and Q & A's
Forgot info?

Welcome to MotoHouston.com! You are currently viewing our forums as a guest which gives you limited access to the community. By joining our free community you will have access to great discounts from our sponsors, the ability to post topics, communicate privately with other members, respond to polls, upload content, free email, classifieds, and access many other special features. Registration is fast, simple and absolutely free, join our community!

Register Today!

If you have any problems with the registration process or your account login, please contact us.


FREE MH Decals by MAIL!

Advertisement

Reply
Share This Thread: 
Subscribe to this Thread Thread Tools
Old 07-08-2009, 04:47 PM   #21
Mr.P
Driving Duh-Bus
 
Mr.P's Avatar
 
Join Date: Dec 2005
Location: Sugarland
Feedback Rating: (5)
Posts: 4,759

Experience: 10+ years
Trackdays: 10+

Bike(s):
CBR1000RR






Don't lie...insurance fraud is a bad thing to be guilty of. Good luck with the proceedings. In most cases if they offer it to you to buy it back you can buy it back and sell it on MH for much more than what it cost you. So even if you don't wanna fix it, buy it and post it up for sale.
__________________
Faster and Faster, Slowly! BRAWP it like its hot, BRAWP it like its hot.
Mr.P is offline   Reply With Quote
Similar Topics
Thread Thread Starter Forum Replies Last Post
Filing a property theft report? kevintx88 General Discussion (Moto Related) 17 06-24-2013 08:59 AM
filing your taxes gsxrjai Off Topic 12 01-06-2009 12:11 PM
Thinking about filing my first lawsuit ever homi Off Topic 10 11-03-2008 08:02 PM
Man beats dog before filing it's teeth amber|alexis Off Topic 13 04-03-2008 08:21 AM
Advertisement
Old 07-08-2009, 04:48 PM   #22
GQ*
Destiny's daddy!
 
GQ*'s Avatar
 
Join Date: Mar 2008
Location: Friendswood
Feedback Rating: (7)
Posts: 11,014

Experience: 2 years

Bike(s):
2008 Ninja 250r (sold)
2005 Suzuki SV650s (totaled)
2007 ZX6r (sold)


Member Garage





I'm going to just tell the truth b/c I don't need an insurance fraud case looming overhead
__________________
"Success is getting what you want. Happiness is wanting what you get." -Dale Carnegie
GQ* is offline   Reply With Quote
Old 07-08-2009, 05:09 PM   #23
thewrx
Guest
 
Posts: n/a







Member Garage





Quote:
Originally Posted by GQ* View Post
So I finally got the bike transported (Thanx again Tony! ). Now I'm trying to calculate how much it will cost me just to get her back on the street vs getting her in the shape I want. I've now reached the very real conclusion that this is going to cost a lot more than I want/need to spend with my son about to be born any day now. This has brought about the question "Why not just file a claim and let the insurance cover or total the bike"(I'm pretty sure they would total it). I mean, after all, that is why I pay for insurance.....right?

What I'm really looking for is input from those who have filed a claim or know how it works.
-What are the lasting effects of said claim?
Rates go up for 4 years usually

-Does it go on your record for 3 years the same as a car wreck, in turn raising your insurance premiums for your cars as well? Or just your motorcycle premiums go up?
It can if its on the same policy and company. Usually will only effect moto rates.
-Does having an accident where nobody else was involved make any difference other than your bike is the only thing totaled?
A claim is a claim, only makes a difference if its under 1000-1500 total cost, aka windshield, debris, etc.
-Will it make a difference if the ins. co thinks some random driver was at fault and kept on going?
It is considered negligent accident or something like that, basically its your fault whether it was or not. Same situation where an non-insured driver hits you and you have to make a claim on your insurance.
-What else should I know/do before filing a claim?
Get all your facts in line first, get multiple estimates by third parties, discuss with your agent the total cost of raised rates vs est claim reimbursment, decided whether you want to have them total it or try and keep it, then see if it worth the cost,

Thanx,
Daniel
Hope that helps.
  Reply With Quote
Old 07-08-2009, 06:24 PM   #24
Champ DP
Senior Member
 
Champ DP's Avatar
 
Join Date: Jan 2009
Location: Spring, TX
Feedback Rating: (0)
Posts: 119

Experience: 1 year

Bike(s):
07 CBR 600rr









my ins said they based the value off of their market research. I told the they would never find a clean 07 600rr for 5300 and that I would send them my own market research. I looked up 7 listings and the took the average of that and what they offered me.
Champ DP is offline   Reply With Quote
Old 07-08-2009, 08:44 PM   #25
GQ*
Destiny's daddy!
 
GQ*'s Avatar
 
Join Date: Mar 2008
Location: Friendswood
Feedback Rating: (7)
Posts: 11,014

Experience: 2 years

Bike(s):
2008 Ninja 250r (sold)
2005 Suzuki SV650s (totaled)
2007 ZX6r (sold)


Member Garage





wrx: so in the end it's all the same unless there is another insurance company to foot the bill

Champ: so I shouldn't expect them to want to give me the book value, they are going to try to find similar bikes for sale?
__________________
"Success is getting what you want. Happiness is wanting what you get." -Dale Carnegie
GQ* is offline   Reply With Quote
Old 07-08-2009, 11:03 PM   #26
Champ DP
Senior Member
 
Champ DP's Avatar
 
Join Date: Jan 2009
Location: Spring, TX
Feedback Rating: (0)
Posts: 119

Experience: 1 year

Bike(s):
07 CBR 600rr









I would say find the book value just for ur own knowledge but don't give it to them....i looked up bikes on cycle trade that were priced higher than what I would have thought and gave the adjuster those numbers so they would meet me somewhere in the middle. they low ball so give they really high numbers so u can get a reasonable amount. if u need help looking up bikes pm me.
Champ DP is offline   Reply With Quote
Reply


Thread Tools

Advertisement


All times are GMT -5. The time now is 03:58 AM.


MotoHouston.com is not responsible for the content posted by users.
Privacy Policy