Quick question in regards to icbc and declared value. I declared my bike at 9gs and ICBC is offering me 9gs for my bike. Fair enough right.. but i've been loooking and i can't seem to be able to find my bike for close to 9gs.. i had a carbon fibre exhaust, a alarm and double windscreen, etc... Plus they're not giving me a tax receipt or whatever you call it, and 300 deductible. So really giving me 8 gs for my bike. I refused of course, but am i screwed because of the declared value?
Has anyone else had this problem? I can't buy back my exact bike with the money they're giving me. It's insurance job to make it seem like the problem never happened in the first place. meaning they should be replacing exactly what was mine as if this issue never happened before. isn't that right?