Insurance Q.

[Misc]

Ok, the guy came to check the damage on my bike & said it was a write-off, i'm wondering what happens now, if the claim did go my way do i keep the bike & do with it what i like?

Also, my next insurance payment is due next week as i pay monthly, i'm not sure if i have to cancel the insurance or wait until the claim is delt with?

Cheers.

[dave1rs]

right you cant cancel the insurance....as if it turns out that your insurer pays out then you have to pay the full premium.

after a settlement the bike becomes the property of whoever settles your claim,it isnt yours to do with as you want....unless they say they dont want it(quite rare).

[Misc]

Ok, cheers, didn't quite know but got told i did keep it.. Anyway the guy from the insurance said he will hpone during the week.

But i did get told that i can cancel the insurance as that's what i'm paying £25 legal fees for..?

[strag]

I suggest a call to your insurers, but i agree with Dave re cancellation. As to whether you get the bike or not, you can negotiate a salvage price with your insurance company. Call them.
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carbon bling