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136 Posts
Here is my scenario. I own a 09 duc 848.
Got hit while at a cookout. Don't know who did it came back to the bike and it was on the ground.
Called the insurance have claim and I have two options.
1) If I go the the repair all the parts that are damage are get replaced expect the fairings. I would have to take a betterment of getting them repainted and not replaced.
Benefits: get to keep the bike i love. I can upgrade the parts everything would be upgraded aftermarket. Termis and new paint scheme, new mirror ect.
2) Don't accepted the repaint then it would be considered totaled out by my insurance due to the cost of complete repair vs value of bike
Benefit: Bike is paid off and a little extra cash left over. Not a lot but may be able to get a new year with upgrades on a new loan.
Main question:
Do I get to keep the bike if it's totaled out or do the insurance company keep it since it will be paid off?
If I get to keep it, can I get a salvage title?
Got hit while at a cookout. Don't know who did it came back to the bike and it was on the ground.
Called the insurance have claim and I have two options.
1) If I go the the repair all the parts that are damage are get replaced expect the fairings. I would have to take a betterment of getting them repainted and not replaced.
Benefits: get to keep the bike i love. I can upgrade the parts everything would be upgraded aftermarket. Termis and new paint scheme, new mirror ect.
2) Don't accepted the repaint then it would be considered totaled out by my insurance due to the cost of complete repair vs value of bike
Benefit: Bike is paid off and a little extra cash left over. Not a lot but may be able to get a new year with upgrades on a new loan.
Main question:
Do I get to keep the bike if it's totaled out or do the insurance company keep it since it will be paid off?
If I get to keep it, can I get a salvage title?