Insurance payout time...

[Matthie]

My friend (Chris, but I don't think anyone on here knows him) had a black rs50 stolen last week from his house. He has been on the look out for a week now but no joy. When it was first stolen he reported it to the police and insurance. Sort of given up hope of it being found so he was wondering how long it will take and how much he will be payed out by the insurance, he had insured it for £1000.

Any ideas?

M
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***Previous: GPR50, FZ750 *** Current: Monkey bike, yella SV 650 ***

Tutton says: I hate random hardons, they are so weird...

[chris-red]

The value he said it's worth means fuck all, they will give him book price maybe less. If it was in good nick and he has pics he may get more. He will not get money for any mods unless they were declared.
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Well, you know what they say. If you want to save the world, you have to push a few old ladies down the stairs.
Skudd:- Perhaps she just thinks you are a window licker and is being nice just in case she becomes another Jill Dando.
WANTED:- Fujinon (Fuji) M42 (Screw on) lenses, let me know if you have anything.

[Fnatic]

I reckon they will give him jail time

[Matthie]

[Matthie]

[steppen22]

Oh Chris! I know Chris! Hairy hair, lives near the grassy garden.

What a small world!
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no regrets, no retreat, no apology.
I've made mistakes in the past, and I apologise for FUCK ALL.

[chris-red]

[chris-red]

[JakeyR]

I dropped my CBR 4 times in a week before my crash cos i was practicing 180 stoppies, it got bent/scuffed from that, and i also chopped the screen down too.

Week later i got knocked off, insurance guy comes round, clocks are destroyed so i decided it had only done 5000 miles, it had done 13.

Then i went on to say how mint it was and how well maintained it was, 2 weeks later a phone call and they gave me £1550 and let me keep the bike, this is for a 96 CBR bear in mind.

cool thing is, i only payed 1K for the bike when it was mint.

[s44678]

[Bofh5]

mine was insured for £1000 with £350 excess !
assessor valued it at £1250 so i got £900 Result.

don't know how they work it out but there doesn't seem to be a correlation between what you value it at what the assessor does.
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(L)users...Disk space is to good for them.

Bikes: Honda 50 / CB125-TDC / 93 CBR600 F2 (Stolen & Trashed) / 2001 SP-1 (Sold) / 95 CBR600 F3

[Chriss]

The value of bikes change, believe it or not! This is why your valuation means very little to the insurance company.
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TheShaggyDA: I've got 3 or 4 pairs that predate my wife, so at least 11.5 years old.

[supersports]

hahah it cost you a grand to insure a 50 holy shit

[skinny]

[Matthie]

[tutton]

[SoulRider]