Write off ..... damn

[Tomcat]

When out on a ride (with Furrybean and others) my boyfriend was involved in an accident, luckily he came away with just a broken arm, and a sore leg. There was another more serious injury, so an otherwise pleasant ride was, to say the least, spoiled.

So two weeks on, the insurance company have finally decided to write off my boyfriends CBR600f. Not the end of the world I know, but a pain in the ar*se all the same.

He bought the bike 6 months ago, a 2004 model with 2000 miles on the clock, and it was a beaut. And now he has to start bike hunting again. Well before that he needs the pay out .... any ideas on how long it will take? The insurance was fully comp, and will be claimed against the other party.

We have a trip to Ireland booked in May, and a trip to Europe in July, can we expect to be organised?

We could go two up on my Sv, but it's not the same!

[Baph]

Ouch. Hope he's healing well tomcat. At least he was relatively unhurt.

Shame about the bike :(

Well before that he needs the pay out .... any ideas on how long it will take? The insurance was fully comp, and will be claimed against the other party.

We have a trip to Ireland booked in May, and a trip to Europe in July, can we expect to be organised?

How long is a piece of string?

If the other party wants to fight it (and if they don't, their insurance company will), it could be long & drawn out. Assuming the worst for a second, you'll be lucky if it's sorted out by Jan!

I'd be making backup plans for those trips in the mean time.

[Bluesteel]

I'd agree with Baph that the total claim can take years to resolve, especially if there are any personal injury claims- as the case cannot be settled until the affected parties reach a physical/mental state they are happy with.

However a payout for the damaged bike should be expected much sooner, once the other person's insurance company has admitted fault.

Still, I think May is pushing it...

[Kate]

The payout for the bike will be split from the personal injury claim. The bike payout bit should be pretty quick, both of my bike payouts were within 3 weeks. You need to check on Autotrader etc to see what payout should be and be prepared to fight the insurance company about it. The first offer for my stolen gixer (treated the same as a total write-off) was lower than expected and I argued more money out of them by having screen prints from autotrader and explaining why their offer was low.

Good luck and hopefully it shouldn't take too long!

[Tomcat]

The payout for the bike will be split from the personal injury claim. The bike payout bit should be pretty quick, both of my bike payouts were within 3 weeks. You need to check on Autotrader etc to see what payout should be and be prepared to fight the insurance company about it. The first offer for my stolen gixer (treated the same as a total write-off) was lower than expected and I argued more money out of them by having screen prints from autotrader and explaining why their offer was low.

Good luck and hopefully it shouldn't take too long!

That's what I needed to hear Kate! I understand the total claim could take ages, he is still waiting for a payout on a claim 2 years ago following a hit and run, as in personal injury. But at this stage it is how quick can we expect the bike pay out, and then get on with getting another bike.

Yep, the market value could be an issue, as it was in very good con etc, but thanks for your knowledge !

[Kylie]

If he is fully comp and the insurers have already made a decision I don't see why they should not pay up pretty quick, particularly if you hassle them. Claiming it back from the other party is a seperate thing, that could take years and he'll lose his NCB in the meantime but such is life.

I didn't get paid for mine very quick, but that was because the valuer just put "Bad condition" with no qualifier remarks, the insurers hence offered me a low price, I challenged that it was in bad condition, then we all spent 3 months waiting for the valuer to respond to requests for further info. In the end they stuck to their guns on the low price so I took the money, not much choice.

How bad was the bike? If it is not too bad he could buy it back at salvage price (usually 40% of value), fix it himself and be back on the road very soon.