Insurance Pay Out

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Duggers
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Joined: Thu Jul 06, 2006 8:33 am
Location: South West London

Insurance Pay Out

Postby Duggers » Fri Oct 30, 2015 3:31 pm

I've just agreed to a settlement payout for my stolen 1100S. It was a Mamola Boxer Cup used by me in all weathers, so not a shiny as some on here.

I was originally offered £2,600 but pushed for more explaining that the Boxer Cup models demand more money. I have now settled on £3,000 and I'm happy enough with that, after buying it for £5,500 11 years ago and putting another 65K miles on the clock.
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Herb
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Location: Lutterworth, Midlands

Postby Herb » Fri Oct 30, 2015 3:33 pm

£3k seems like low money to me. You might struggle to find a good BCR for that kind of money.
********Jim********
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2006 'Colgate' R1200s
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boxerscott
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Re: Insurance Pay Out

Postby boxerscott » Sat Oct 31, 2015 8:46 pm

Duggers wrote:I've just agreed to a settlement payout for my stolen 1100S. It was a Mamola Boxer Cup used by me in all weathers, so not a shiny as some on here.

I was originally offered £2,600 but pushed for more explaining that the Boxer Cup models demand more money. I have now settled on £3,000 and I'm happy enough with that, after buying it for £5,500 11 years ago and putting another 65K miles on the clock.
That is low depreciation Duggers!!!

Very savvy. I like that.

Hope your renewal premiums are not "Savage" :wink:
Fiat Panda.
Fiat Scudo (with speedblock, pipe carrier, reversing sensors, reversing camera, tow bar, some new rust and Fake Plumber logo)


started out with nothing, still have most of it left.
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Blackal
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Postby Blackal » Sat Oct 31, 2015 8:55 pm

Running a bike in all weathers and lots of miles each year - you can't expect top-dollar from an underwriter, but as Chris says - you have actually done well in the depreciation & enjoyment stakes........

Al :)
If I am ever on life support - Unplug me......
Then plug me back in..........

See if that works ..... :?
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