the insurance company is responsible to make your bike "whole" in other words just as it was, so they should pay for any accessories and mods as well. They make ask for receipts though and not pay for any you don't have receipts for.(at least that is my understanding)
(10-08-2016, 10:52 PM)The ferret_imp Wrote: [ -> ]the insurance company is responsible to make your bike "whole" in other words just as it was, so they should pay for any accessories and mods as well. They make ask for receipts though and not pay for any you don't have receipts for.(at least that is my understanding)
I have all the receipts and will ask my wife to send to our lawyer.
The driver was insured but with low caps. Twelve days and 4 operations at John Hopkins was roughly estimated to cost well over $200K. I'm sure the price will be negotiated down, but we aren't looking to make a dime and may likely have some skin in the game.
Next week is practice getting in and out of our car. Already have a wheelchair picked out (less than $200) and Marie's mom has a walker and shower seat. Escaping this joint soon!
Does the wheelchair you picked out have spokes like the EX or mags like the RS...
(10-08-2016, 10:52 PM)The ferret_imp Wrote: [ -> ]the insurance company is responsible to make your bike "whole" in other words just as it was, so they should pay for any accessories and mods as well. They make ask for receipts though and not pay for any you don't have receipts for.(at least that is my understanding)
That is not true. The entire reason some bikes and cars cost more to insure, (besides increased chances of accidents & claims) is increased cost to repair.
They are insuring the bike based on the stock parts. You want more coverage- it will cost more money. Typically then goes to an agreed value policy. You tell them what you think it is worth with paperwork, what the value is you want covered, and they charge you an appropriately increased rate price.
You can't buy a bike for 8k, pay insurance rates for THAT bike, put 3k in mods and expect the insurance company to pay 11k worth.
Not to mention depreciation and what they claim is current value..always a fun argument.
I just paid 8k OTD for my leftover '14 standard in July. Wouldn't surprise me if an insurance company would try to pay out 5k if totaled, and that is for the bike stock. Would I argue? Sure. But the cards are in their hands. It would be a pile of paperwork on my end showing actual used sales, not asking prices..along with many many phone calls I am sure.
PD...it's not his insurance/company it's the other drivers insurance company. If another person is at fault, it is their insurance company's responsibility to make me whole again, as if nothing ever happened to me. They have to cover medical bills, property damage, missed work, pain and suffering, and if the ins they carry isn't enough, you can sue to get a judgement against the at fault drivers personal property.
Been there, done that.
My company State Farm automatically covers my bike for $ 1,000 worth of accessories and I can buy additional coverage if I wish, so that if I wrecked my bike (my fault) they would be covered.
Yes, in theory the other guy's insurance should make you whole. Rarely works like that and the insurance companies know it. The cost to sue many times wouldn't be worth it. My wife was involved in an accident where she was stopped at a light- a kid hit the car behind her, shoved it into her. She is still fighting many bills and that was well over a year ago. Suck.s
I'm not an attorney, and I don't play one on TV, but I would like to caution our friend CB4ME that everything he posts on this forum may be admissible in a court of law. At a minimum, the insurance company of the at-fault driver may be very interested to read what he's writing and could possibly subpoena it and use it against him. Or not -- I don't know. I'd just suggest he be very careful with what he volunteers publicly.
What he has posted so far sounds pretty horrific, just sayin...
Still, he should guard his words and actions for now.
Wow! Glad you seem to be on the path to heal up. That really sucks though. I hope this passes by quickly for you so you can get back to normalcy.