suhawk305's bike

[suhawk305]

Back in Post 171 of this thread, I reported my first significant ride to a bridge. On my way home, I slid off of the road damaging my CB11. Fast forward to almost a month later, I waited for over 20 days for my local Honda dealer to send my insurance company a repair estimate. Then several days later (today), my insurance company totaled my CB!!! The big items were a new instrument cluster, head light, handlebars with every attached to its right side, fuel tank, muffler, and a lot of scratched up parts. Estimate = $5.7K. The bike is not that bad!

I pleaded with my insurance company to drop items, like the muffler, to reduce the repairs below the total loss threshold. I was told it was too late.

Unfortunately, what my insurance company is paying is well below my loan balance. I am weighing my options over the next couple of days.

Now to the thread theme, here is a picture of my CB "gathered" with broken bikes, trade-in's etc. behind my Honda dealer's building. Sorry I cheated, I did not ride my CB there for the picture. The CB has only 204 miles on the odo.



Farewell to my CB1100, VIN 100998, that was meant for me (my Postal Zip Code 10998).

[Cormanus]

suhawk, that's sad news indeed. I'm very sorry to hear of the loss of your CB. The insurance company's unwillingness to do a deal with you about a payout seems very strange to me. What have they got to lose?

I take it that you're OK after the accident.

[the Ferret]

Oh man, that stinks Suhawk. Stinks I tell you. Did you tell the ins co there was a lien on the bike in excess of repair estimate? Can't believe they won't work with you on that.

[Ben70_imp]

Terribly sorry suhawk.

Ben

[curlyjoe_imp]

That's awful suhawk. Sorry to hear that.

[PowerDubs_imp]

What parts do you need- give us an exact list!!

I have a spare set of bars, spare grips, spare mirrors, spare muffler, spare engine side covers, spare blinkers, a spare seat, spare rear shocks...

Regardless of what your insurance company tells you- you do have the right to buy it back if they total it-, you can negotiate the buyback amount as well.

Hell, depending on what your deductible is, you can deny coverage at all so you don't pay a deductible- and just fix it yourself!

[Elipten_imp]

Sorry t hear about the accident. I hope you are okay. The totaling of the bike and being left with a loan balance is a tough situation.

If you can do the repair work yourself. I would ask to buy it back.


Sent from my iPad using Tapatalk Pro

[suhawk305]

Thanks guys, Tomorrow, I will be busy looking at my options. I understand Honda Finance has "Gap" coverage. I have to verify it to see I have it, and whether it will cover (most of) my upside-down loan situation.

Josh and Elipten, you brought up an option to consider! However, the fuel tank at $973, and instrument cluster at $944 would have to be purchased new.

I am doing well, most of the bruising and soreness are gone. I was lucky.

[Elipten_imp]

Yikes the parts are expensive. Search ebay and bike breakers. I can live with dents and scratches for $1k!

And to be honest there are low mileage bikes at that price available.


Sent from my iPad using Tapatalk Pro

[c-breezy_imp]

Sorry to hear about your bike being totaled suhawk. Hopefully you WILL get to buy it back