What to do after a crash - Page 2 : KawiForums.com Kawasaki Forums: Kawasaki motorcycle forums
» Sponsors





» Insurance
Go Back   KawiForums - Kawasaki Motorcycle Forums > Super Sport > ZX-6R All Model Years > 2005-2006 ZX-6R
New User? Register - Forgot Password

Reply
 
LinkBack Thread Tools Display Modes
Old 11-26-2012, 12:34 AM   #11 (permalink)
Proud A-hole
 
LarryJ's Avatar
 
Join Date: Apr 2010
Location: Chesapeake, VA '06 ZZR fighter, 05 VTX-1300
Posts: 15,110
LarryJ has between 60,000 and 70,000 rep pointsLarryJ has between 60,000 and 70,000 rep pointsLarryJ has between 60,000 and 70,000 rep pointsLarryJ has between 60,000 and 70,000 rep pointsLarryJ has between 60,000 and 70,000 rep pointsLarryJ has between 60,000 and 70,000 rep pointsLarryJ has between 60,000 and 70,000 rep pointsLarryJ has between 60,000 and 70,000 rep pointsLarryJ has between 60,000 and 70,000 rep pointsLarryJ has between 60,000 and 70,000 rep pointsLarryJ has between 60,000 and 70,000 rep points
Send a message via Skype™ to LarryJ
Default

Good luck, man. Hopefully everything works out in your favor.
__________________
Most violated KF rule: 2. - Post titles should be descriptive of the contents of your post. i.e. "Help with fuel injectors" instead of "HELP!!!!"


LarryJ is offline   Reply With Quote
Sponsored Links
Advertisement
 
Old 11-26-2012, 03:15 AM   #12 (permalink)
Jr. Member
 
hitmanninja's Avatar
 
Join Date: Jan 2009
Location: Sydney
Posts: 100
hitmanninja has at least 10 rep points
Default

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
hitmanninja is offline   Reply With Quote
Old 11-26-2012, 09:32 AM   #13 (permalink)
Jr. Member
 
hitmanninja's Avatar
 
Join Date: Jan 2009
Location: Sydney
Posts: 100
hitmanninja has at least 10 rep points
Default

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...
hitmanninja is offline   Reply With Quote
Old 12-02-2012, 02:15 PM   #14 (permalink)
Jr. Member
 
lp636's Avatar
 
Join Date: May 2012
Posts: 183
lp636 lp636 lp636 lp636
Default

Man hope everything works out hopefully your ecu wires didn't get destroyed like mine did


Sent from my iPhone using Motorcycle.com Free App
lp636 is offline   Reply With Quote
Old 12-02-2012, 04:01 PM   #15 (permalink)
Intermediate Member
 
av8r-92's Avatar
 
Join Date: Feb 2012
Location: NJ (I know...)
Posts: 1,655
av8r-92 has between 7,500 and 10,000 rep pointsav8r-92 has between 7,500 and 10,000 rep pointsav8r-92 has between 7,500 and 10,000 rep pointsav8r-92 has between 7,500 and 10,000 rep pointsav8r-92 has between 7,500 and 10,000 rep pointsav8r-92 has between 7,500 and 10,000 rep pointsav8r-92 has between 7,500 and 10,000 rep pointsav8r-92 has between 7,500 and 10,000 rep pointsav8r-92 has between 7,500 and 10,000 rep pointsav8r-92 has between 7,500 and 10,000 rep pointsav8r-92 has between 7,500 and 10,000 rep points
Default

Quote:
Originally Posted by hitmanninja View Post
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
__________________
av8r-92 is offline   Reply With Quote
Old 12-02-2012, 06:45 PM   #16 (permalink)
Jr. Member
 
hitmanninja's Avatar
 
Join Date: Jan 2009
Location: Sydney
Posts: 100
hitmanninja has at least 10 rep points
Default

Yes you are right... they won't do I have withdrew my claim and will repair it slowly back to its original state...
hitmanninja is offline   Reply With Quote
Old 12-03-2012, 06:23 PM   #17 (permalink)
Intermediate Member
 
av8r-92's Avatar
 
Join Date: Feb 2012
Location: NJ (I know...)
Posts: 1,655
av8r-92 has between 7,500 and 10,000 rep pointsav8r-92 has between 7,500 and 10,000 rep pointsav8r-92 has between 7,500 and 10,000 rep pointsav8r-92 has between 7,500 and 10,000 rep pointsav8r-92 has between 7,500 and 10,000 rep pointsav8r-92 has between 7,500 and 10,000 rep pointsav8r-92 has between 7,500 and 10,000 rep pointsav8r-92 has between 7,500 and 10,000 rep pointsav8r-92 has between 7,500 and 10,000 rep pointsav8r-92 has between 7,500 and 10,000 rep pointsav8r-92 has between 7,500 and 10,000 rep points
Default

Quote:
Originally Posted by hitmanninja View Post
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
__________________
av8r-92 is offline   Reply With Quote
Old 12-04-2012, 02:35 AM   #18 (permalink)
Jr. Member
 
hitmanninja's Avatar
 
Join Date: Jan 2009
Location: Sydney
Posts: 100
hitmanninja has at least 10 rep points
Default

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 :-)
hitmanninja is offline   Reply With Quote
Old 12-04-2012, 10:27 AM   #19 (permalink)
Member
 
40SYM's Avatar
 
Join Date: Feb 2012
Location: Cincinnati, OH
Posts: 579
40SYM has between 5,000 and 7,500 rep points40SYM has between 5,000 and 7,500 rep points40SYM has between 5,000 and 7,500 rep points40SYM has between 5,000 and 7,500 rep points40SYM has between 5,000 and 7,500 rep points40SYM has between 5,000 and 7,500 rep points40SYM has between 5,000 and 7,500 rep points40SYM has between 5,000 and 7,500 rep points40SYM has between 5,000 and 7,500 rep points40SYM has between 5,000 and 7,500 rep points40SYM has between 5,000 and 7,500 rep points
Default

What to do after a crash? Walk away in slow motion as the bike blows up behind you.

Sent from my SCH-I510 using Motorcycle.com Free App
40SYM is offline   Reply With Quote
Old 12-04-2012, 02:36 PM   #20 (permalink)
Jr. Member
 
hitmanninja's Avatar
 
Join Date: Jan 2009
Location: Sydney
Posts: 100
hitmanninja has at least 10 rep points
Default

Quote:
Originally Posted by 40SYM View Post
What to do after a crash? Walk away in slow motion as the bike blows up behind you.

Sent from my SCH-I510 using Motorcycle.com Free App
What if it didn't blow up??
hitmanninja is offline   Reply With Quote
Sponsored Links
Advertisement
 
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Powered by vBadvanced CMPS v3.2.2

All times are GMT -4. The time now is 03:00 PM.



Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0
Motorcycle News, Videos and Reviews
Honda Grom Forum Harley Davidson Forum Honda 600RR Kawasaki Forum Yamaha R6 Forum Yamaha FZ-09 Forum
1199 Panigale Forum Roadglide Forum Honda CBR1000 Forum Vulcan Forum Yamaha R1 Forum Yamaha R3 Forum
Ducati Monster Forum Harley Forums Honda CBR250R Forum ZX10R Forum Star Raider Forum Yamaha Viking Forum
Suzuki GSXR Forum V-Rod Forums Honda Shadow Forum Kawasaki Motorcycle Forum Star Warrior Forum KTM Duke 390 Forum
SV650 Forum BMW S1000RR Forum Honda Fury Forum Kawasaki Versys Forum Drag Racing Forum Ducati 899 Panigale Forum
Suzuki V-Strom BMW K1600 Triumph Forum Victory Forums Sportbikes BMW NineT Forum
Volusia Forum BMW F800 Forum Triumph 675 Forum MV Agusta Forum HD Street Forum Suzuki GW250 Forum
Yamaha Motorcycles Victory Gunner Forum Honda Vultus Forum