Financial write off

mickf479

Hi folks. i came off my Bandit 600 a while back and broke rear fairing and light and the handlebar hit the fuel tank and put a dent in it. also broke clutch lever, mirror, and peg on the same side. the insurance assessor has deemed the bike a financial write off and said it would cost more than the bike is worth to repair the damage but my problem is that ive repaired all damage at a total cost of 200 euro except the tank. is there any way i can have it inspected or some way of getting it back on the road??

DaveD

Yes you can put it back on the road. You'll need to check the salvage category with the Insurers but sounds like you'll be ok.

You'll more than likely also need an Assessors report to confirm it's roadworthy before they'll insure the bike again.

muller25

Out of interest do you have comprehensive insurence and if it was a right off did they offer you money for a new one/replacement??

mickf479

Thanks folks. Bike was third party only. Forgot to mention it was not my fault i came off and im claiming from another insurance company.insurance offerd me the value of the bike but said i could keep the bike and salvage was offerd of 200 but id rather keep it. So is it the insurance company the place i should contact to get it back on the road??

muller25

Correct me if I am wrong but you could take the money they offered for the write off and then buy the bike back off them. When someone crashed into my car they gave me money for the car and I had the option to buy the car back off them because they are just going to sell it to a a scrapyard.

Del2005

mickf479 wrote: »

Thanks folks. Bike was third party only. Forgot to mention it was not my fault i came off and im claiming from another insurance company.insurance offerd me the value of the bike but said i could keep the bike and salvage was offerd of 200 but id rather keep it. So is it the insurance company the place i should contact to get it back on the road??

They should have offered you the market value of your bike with the option to buy it, then you'd get market value less salvage and never except their first offers.

You'll need an engineers report to put it back on the road.

Del2005

mickf479 wrote: »

Thanks folks. Bike was third party only. Forgot to mention it was not my fault i came off and im claiming from another insurance company.insurance offerd me the value of the bike but said i could keep the bike and salvage was offerd of 200 but id rather keep it. So is it the insurance company the place i should contact to get it back on the road??

They should have offered you the market value of your bike with the option to buy it, then you'd get market value less salvage and never except their first offers.

You'll need an engineers report to put it back on the road.

mickf479

All i know is that there assessor valued the bike at 2000 before the crash and an offer of 200 for salvage.Nothing asked about buying it back.

Cuddlesworth

mickf479 wrote: »

All i know is that there assessor valued the bike at 2000 before the crash and an offer of 200 for salvage.Nothing asked about buying it back.

As others have said, don't always accept their first offer. And do not sign anything which implies that they are no longer liable for injury's or future claims. You will need to fight them on that, you have no idea if your shoulder/arm/leg could give way on you after this for at least a few weeks.

Did you claim for replacement gear, helmet, gloves, jacket, pants etc? Your well within your rights, any significant impact or fall you need to replace it. You have no idea if the seams or padding will withstand more then one fall and manufacturers don't certify their equipment for any more then a single accident.