T
Tamyka Bell
Guest
marcusl wrote:
>
> ritcho wrote:
> > Sorry to hear about the accident and I'm glad you're ok.
> > I once worked on a research project for an insurance company, examining
> > accident claims. My advice (fwiw) is to get your quote but also get an
> > assessment of the pre-accident value of your bike. If it is more costly
> > to restore your bike to its pre-accident condition, it will be cheaper
> > for the insurance company to cut you a cheque (as well as being the
> > correct settlement for the damage to your property).
> > You'll (probably) need to have a qualified insurance assessor to do that
> > for you - a quote for a new bike from the shop won't do.
> > Once you have the information, a letter of demand is a pretty powerful
> > tool for making the other insurance company move. From the research I
> > had done, the letter needs to be addressed to the insured, not the
> > company. After all, the insured is liable, whilst the insurer has
> > entered a separate arrangement to indemnify the insured.
> > Good luck,
> > Ritch.
> > PS. F***ing 4wds!
>
> How do you find a qualified insurance assessor for bicycles? Might give
> BNSW a call they may know if there is one in Sydney.... How do you get a
> pre-accident value assessment of your bike if it's not from a bike
> shop...hmm....don't have the receipts...actually got it from my brother
> in law who USED to run a bike shop on the Gold Coast for an extreme
> discount ($700 instead of $1500) As for the letter, i read somewhere to
> send it to both the insured and their insurer....it was actually his
> dad's car and is probably insured thus....but i don't have his fathers
> name.... Defintley more research required! In a way I'm kind of glad it
> was a 4wd...if it had've been lower then i would have been catapulted
> over the top and landed who knows how.... thanks for the advice marcus
>
> --
Most insurance companies are a bit strict on who can value the bike, so
give the insurer a call and check your options.
T
>
> ritcho wrote:
> > Sorry to hear about the accident and I'm glad you're ok.
> > I once worked on a research project for an insurance company, examining
> > accident claims. My advice (fwiw) is to get your quote but also get an
> > assessment of the pre-accident value of your bike. If it is more costly
> > to restore your bike to its pre-accident condition, it will be cheaper
> > for the insurance company to cut you a cheque (as well as being the
> > correct settlement for the damage to your property).
> > You'll (probably) need to have a qualified insurance assessor to do that
> > for you - a quote for a new bike from the shop won't do.
> > Once you have the information, a letter of demand is a pretty powerful
> > tool for making the other insurance company move. From the research I
> > had done, the letter needs to be addressed to the insured, not the
> > company. After all, the insured is liable, whilst the insurer has
> > entered a separate arrangement to indemnify the insured.
> > Good luck,
> > Ritch.
> > PS. F***ing 4wds!
>
> How do you find a qualified insurance assessor for bicycles? Might give
> BNSW a call they may know if there is one in Sydney.... How do you get a
> pre-accident value assessment of your bike if it's not from a bike
> shop...hmm....don't have the receipts...actually got it from my brother
> in law who USED to run a bike shop on the Gold Coast for an extreme
> discount ($700 instead of $1500) As for the letter, i read somewhere to
> send it to both the insured and their insurer....it was actually his
> dad's car and is probably insured thus....but i don't have his fathers
> name.... Defintley more research required! In a way I'm kind of glad it
> was a 4wd...if it had've been lower then i would have been catapulted
> over the top and landed who knows how.... thanks for the advice marcus
>
> --
Most insurance companies are a bit strict on who can value the bike, so
give the insurer a call and check your options.
T
