HEy guys... since alot of you have been around the bike scene for awhile thot id get some opinions/feedback on this...
Got a call from RMS about them offering me DEPRECIATION INSURANCE on my new bike (well 3-4months old) heres the deal...
To cover THEFT or WRITE OFFS
-$450 (total cost to me)
-coverage is for 5 years
-$5000 total back to the customer (YOU!)
BREAKDOWN-$3000 in your pocket
-$2000 in store credit (ex RMS towards new bike)
-$1000 to cover your ICBC deductibles
This is paid OVER and ABOVE what ICBC awards you for the Value of your damaged or stolen bike...
I guess RMS has been negotiating a deal with the 'CO-OPERATORS INSURANCE CO' to get this.
what do u guys think.... good deal or what?