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
