What demtermines a totaled bike?

kimo3825 · February 19, 2006, 01:18:03 AM

What demtermines a totaled bike from the insurance company?

TheGoodGuy · February 19, 2006, 02:44:05 AM

cost of repair > cost of bike's value.

Egaeus · February 19, 2006, 06:07:05 AM

In my experience, they will usually total it if the estimated repairs exceed about 80% or so of the value of the vehicle prior to the wreck. Don't ask me the rationale behind that, but that's what I've seen and heard.

annguyen1981 · February 19, 2006, 06:41:10 AM

I've heard that the percentage is closer to 40-50%.

TarzanBoy · February 19, 2006, 08:31:53 AM

It should be noted that insurance companies are much more apt to total bikes than cars. Any frame damage (and I mean *any*) frame damage to a bike in an accident is pretty much an automatic total.

annguyen1981 · February 19, 2006, 10:51:46 AM

Quote from: TarzanBoy on February 19, 2006, 08:31:53 AM
It should be noted that insurance companies are much more apt to total bikes than cars. Any frame damage (and I mean *any*) frame damage to a bike in an accident is pretty much an automatic total.

Agreed... Scratches included

kimo3825 · February 19, 2006, 07:26:55 PM

well i haven't had the chance to go over the bike with some detail. since the bike is an 04 the plastics saved the frame. the can is really scratch up if it counts.

annguyen1981 · February 19, 2006, 09:06:35 PM

I've seen a lot of bikes with fairings damaged for sale, and the owners say that the insurance company totaled the bikes... I'm guessing that the fairings are too expensive for the insurance companies to repair.

Alphamazing · February 19, 2006, 09:47:57 PM

Quote from: annguyen1981 on February 19, 2006, 09:06:35 PM
I've seen a lot of bikes with fairings damaged for sale, and the owners say that the insurance company totaled the bikes... I'm guessing that the fairings are too expensive for the insurance companies to repair.

Usually they are. When my bike got tipped over the fairings got scraped up. The insurance didn't total it because it was only one fairing. The exhaust is another SUPER expensive thing to be damaged, because it costs like, $700 for a stock system.

kimo3825 · February 19, 2006, 10:29:38 PM

well the whole front and right side need to be replace along with handle bars and instrument cluster.

Alphamazing · February 19, 2006, 10:32:44 PM

Quote from: kimo3825 on February 19, 2006, 10:29:38 PM
well the whole front and right side need to be replace along with handle bars and instrument cluster.

The guages alone are about $400, forks are $400 a piece, meaning $800 for the set.

kimo3825 · February 19, 2006, 11:04:50 PM

the forks look fine to me. the speedo is still good though. the tach clear lense in some where on the 91 west along with my some other peices.

News:

What demtermines a totaled bike?