For those of you using Megson Fitzpatrick, what do you tell ICBC your declared value is?
I have a quote for ICBC on my bike with a declared value of $7500. Now, I am getting a quote with MF which I know will be cheaper.
My question is then, when I go with MF for the extra coverage at $7500, do I still tell ICBC my decalred value is $7500? I don't think I would since if I have an accident/claim/theft MF is the one that will be paying out?
Will it make a difference or does everyone pay the same base amount no matter what?