What to do after a crash - Page 2 - KawiForums - Kawasaki Motorcycle Forums
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post #11 of 37 (permalink) Old 11-26-2012, 12:34 AM
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Good luck, man. Hopefully everything works out in your favor.

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post #12 of 37 (permalink) Old 11-26-2012, 03:15 AM Thread Starter
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Thanx guys..very sad!! They wouldn't do a deal with me but write it off because the fairings are a lot more expensive than the agreed insured value... I can believe I have lost my bike to this... I loved her a trusted steed that never let me down even on the last instance it gave up its own to save mind
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post #13 of 37 (permalink) Old 11-26-2012, 09:32 AM Thread Starter
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Just thought... does anyone know if the insurance companies will allow me to pay the difference between the maximum payout and quoted repair cost. My excess is $400.00 I will just pay more to keep my bike...
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post #14 of 37 (permalink) Old 12-02-2012, 02:15 PM
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Man hope everything works out hopefully your ecu wires didn't get destroyed like mine did


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post #15 of 37 (permalink) Old 12-02-2012, 04:01 PM
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Just thought... does anyone know if the insurance companies will allow me to pay the difference between the maximum payout and quoted repair cost. My excess is $400.00 I will just pay more to keep my bike...
Doubtful. It's cheaper for them to write the bike off once repair costs exceed approximately 75% of the bike's value than to pay for the repairs.

Say the bike's value is $5,000. Repair exceeds 75% of the bike's value. They'll cut you a check for $5,000 (the bike's value), then sell the bike for salvage and get maybe $3,000.

So it's either they lose $2,000 writing off your bike, or $5,000 paying for the repair.

-Will

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post #16 of 37 (permalink) Old 12-02-2012, 06:45 PM Thread Starter
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Yes you are right... they won't do I have withdrew my claim and will repair it slowly back to its original state...
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post #17 of 37 (permalink) Old 12-03-2012, 06:23 PM
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Yes you are right... they won't do I have withdrew my claim and will repair it slowly back to its original state...
What you could do is have them take the bike and use the money they give you to buy it back from them. Use what's left over to repair it.

Keep in mind, shop time and OEM parts are expensive. There are cheaper aftermarket options available for parts.

-Will

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post #18 of 37 (permalink) Old 12-04-2012, 02:35 AM Thread Starter
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If it was last year that would work... unfortunately in Australia the legislation changed last year and there aren't any economical write offs hence everything written off is strictly statutory write off and is sold for parts only. Good news from my mechanic though he reckons that the mechanical repairs are the mirrors and pedal costing a total of $140.00, & I will do the panels myself and found abs moulded plastic panels for $500.00. So with some luck I should maybe it back in action under $700.00 :-)
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post #19 of 37 (permalink) Old 12-04-2012, 10:27 AM
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What to do after a crash? Walk away in slow motion as the bike blows up behind you.

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post #20 of 37 (permalink) Old 12-04-2012, 02:36 PM Thread Starter
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Quote:
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What to do after a crash? Walk away in slow motion as the bike blows up behind you.

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What if it didn't blow up??
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