Claiming on insurance

[Ariel Badger]

As some of you will know my bike was nicked and torched over the weekend.
To sort it will cost me about £400.
To recover it cost me £150 (robbing scum bags)
I have a £25 excess.
I have third party fire and theft insurance.
I want to put the bike back on the road but I want to do a full rebuild, a lot of the work I want to do will not be covered by the insurance. I have never made a claim in my life, every crash has been cash settled or fought out with fists at the side of the road.
I have asked advice from mates, some of them say claim, others say do not touch the insurance company with a barge-pole as they will rip me a new bum in retribution over the rest of my life.
So what do I do? My gut instinct is to just sort it myself and not involve the insurance but what is p'ing me off is the £150 recovery fee.
BCFers your advice please.
Wali T
____________________
Bikers make great organ donors, get 115 on your licence today.

[Itchy]

I think you should put into insurance quote engines yes I have a claim of X (bits which I skip over) to see how much your premium will increase next year due to the claim.....

I've always seen insurance to be a scam and as such go with the absolute minimum required as it seems to be a lose lose situation either way, ie crash you lose via higher premium.
____________________
Spain 2008France 2007Big one 2009 We all die. The goal isn't to live forever, the goal is to create something that will. In the end, your life will flash before your eyes. Make sure it is worth watching.

[G]

Sometimes you can be 'quids in' with insurance, but as suggested, others not at all.
Unfortunately it may not be possible to get an idea of how much you would get if you claim without actually doing so.

[Endless Nameless]

No advice to give regarding insurance- personally I doubt I'd bother, I look at it as a legal necessity and not anything useful, but I'm young so claiming would cost me more than fixing the bike/ accepting it's gone in lost no claims anyway- just wanted to say I'm really glad you've decided to rebuild her- she's far too historic and pretty to just break up. That and it seems to me like that's not admitting defeat to the thieves- look on the rebuild as an act of defiance. Good luck Sir, and make sure you keep us posted on your progress
____________________
A2 passed 22/07/08; restriction up 22/07/10 (just so I don't forget)
'79 Suzuki GS550E. Yes, that's a GS550, not a GS500.
Supersports "In a video editing competition I'd kick your sorry ass"

[Ariel Badger]

A lot of the stuff that got burnt out I have anyway like a petrol tank and seat. Other stuff that got done like the lights I will not bother replacing as I just want it for daytime use. I want to have the frame stove enameled but te fire damage only needs a tin of hammerite to sort out.
I need a new set of cables but I normaly make them myself for a few quid.
Is it worth the grief?
____________________
Bikers make great organ donors, get 115 on your licence today.