stop crashing bikes?
ICBC's trying to screw me
My 2004 CBR600RR was just written off and they're offering me $6825....which is a total lowball...what can I do? So far I've gone thru the buysell and the forums on here and collected a bunch of similar f/s ads, in which the bikes are clearly valued much higher! My bike had about 11k on it and was crashed in August. Any ideas?
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quit bitching, you make enough money, take the offer!
kidding, i don't like ICBC
I was in a car today with my boss and we rearended a lady who stopped for a yellow, the thing was she was going to make the ligh and stoped half way in the intersection and we hit her. duh. cause we were going as well, as the light just changed, and we would have had time, but rather, we slid into her doing 20 k or so. bah.
im not sore or anything, should I go see the doctor
don't know what to say Drew. goodluck
kidding, i don't like ICBC
I was in a car today with my boss and we rearended a lady who stopped for a yellow, the thing was she was going to make the ligh and stoped half way in the intersection and we hit her. duh. cause we were going as well, as the light just changed, and we would have had time, but rather, we slid into her doing 20 k or so. bah.
im not sore or anything, should I go see the doctor
don't know what to say Drew. goodluck
What can you do? Don't accept the price they offer you and argue with the adjuster until they offer more.
You should be able to take the money ICBC gives you and go out and buy a comparable bike of the same age, condition, etc. Obviously $6800 isnt enough for you to do that.
You should be able to take the money ICBC gives you and go out and buy a comparable bike of the same age, condition, etc. Obviously $6800 isnt enough for you to do that.
Argh. Too bad, but you can't get money from your boss.I was in a car today with my boss and we rearended a lady who stopped for a yellow,
im not sore or anything, should I go see the doctor
Sec 10 of the Workers Compensation Act. "Worker," can't sue "worker."
http://www.qp.gov.bc.ca/statreg/stat/W/96492_01.htm#section20
Now, about being "screwed by ICBC."
Yup. Research.Any ideas?
Start here:
http://www.bcsportbikes.com/forum/showthread.php?t=74530
You're welcome.:thumbup
I wouldn't think about suing my boss! hhaha, but I'm going to wait till tomorrow and see how I feel. I'm not intereted in free money if im not in pain. if tomorrow my neck hurt or back hurt and i put in a claim would their insurance rates go up?
ive been in 3 accidents all when i was in highschool(always a passenger) and I had no idea you could 'claim' for being in an accident.
Thanks I'll read when I get back on the computer in an hour.
ive been in 3 accidents all when i was in highschool(always a passenger) and I had no idea you could 'claim' for being in an accident.
Thanks I'll read when I get back on the computer in an hour.
That's my point. If you were injured in a car crash, and your boss, or fellow employee is driving, and it's their fault, you can't make a claim for injury compensation.....I wouldn't think about suing my boss! hhaha, but I'm going to wait till tomorrow and see how I feel. I'm not intereted in free money if im not in pain. if tomorrow my neck hurt or back hurt and i put in a claim would their insurance rates go up?
Yup. That's the way it works. Suffer injury or loss as a result of someone else's negligence, and you can make a claim for compensation. Unless, of course, the situation falls into some categories....such as "worker verses worker," or you're in a stolen vehicle.....ive been in 3 accidents all when i was in highschool(always a passenger) and I had no idea you could 'claim' for being in an accident.
Glad it's not a serious crash, for anybody involved!:rockon
Not through ICBC. But can't you make that claim through Worker's Comp? Or are you stuck with a personal injury lawsuit?That's my point. If you were injured in a car crash, and your boss, or fellow employee is driving, and it's their fault, you can't make a claim for injury compensation.
ICBC isn't trying to "screw" you. They've gone to the reference materials they have handy, ie. blue book, black book, or whatever, and found that the range for your bike starts at $6825 and goes up to some number higher than that.My 2004 CBR600RR was just written off and they're offering me $6825....which is a total lowball...what can I do? So far I've gone thru the buysell and the forums on here and collected a bunch of similar f/s ads, in which the bikes are clearly valued much higher! My bike had about 11k on it and was crashed in August. Any ideas?
What they're doing is working to keep my rates low by keeping payouts low when people bin their bikes. They will offer you the low end of the scale first. They do this to everyone. It's not "screwing," it's good business. Statistically, a percentage of the population will be too embarassed that they dropped their bike to make noise about it, and they won't complain. They'll take the low offer.
Other people, yourself included, will go out and research the current market to see what comparable bikes are actually selling for, and then they will negotiate with their adjuster to arrive at a more reasonable number.
First off, be polite. Never lose your cool with them. Be polite and firm, and inform the adjuster that your research of comparable bikes from current advertisements does not match the number that they are offering you.
Second, show regular maintenance records, photos that show the pristine condition you kept your bike in, and receipts for any capital improvements you made to the bike (note that removing a stock component and installing an aftermarket one doesn't necessarily increase the value of the bike... I've written about this before in a few threads).
If you can do all the above, you can easily get them to revise their offer upwards. The hard part will be finding *local* *current* ads for a comparable bike.
[edit] oh, and one more thing... I would expect that the adjusters are motivated to get their claims settled by the end of the calendar year. If you're not getting any satisfaction after you've "presented your evidence," tell your adjuster that they need to go back and re-evaluate the numbers with their estimator. Then let them stew for a bit. Don't return their first call back, wait a day first, and let them call you back.
just do your research as well and submit them all to ICBC for them to consider the value of your bike
that really sux but dont stress it too much. Id almost bet money that this wont be the last time you get screwed by ICBC.
(and i dont even know you)
Ive been screwed by them so many times i feel violated.
(and i dont even know you)
Ive been screwed by them so many times i feel violated.
well I do have plenty of pics of the bike, but no maintenance receipts cause I did everything that needed to be done myself. But yeah ill print out tons of ads, thnx for the advice everyone
Was that $6800 after your $500 or $1000 deductable was taken off? If so then your really getting $7300 or $ 7800 depending .You don't have to take the first offer, you can with proof get more.
Thundergod is selling an 2006 for cheap if that helps.
Thundergod is selling an 2006 for cheap if that helps.
They wouldn't give you more money for maintenance receipts. They concider it to be the cost of owning the vehicle. They also won't give you money for most aftermarket parts, unless you can prove that they cost more than the stock part.
Just be thankful that it will be fairly easy to find ads of your year/model bike. When I crashed my car, I had to accept their lowball offer because I couldn't find a single ad of my year/model car (It was an older saab.. not a vehicle you see very often.) I found some that were the same but with turbo, and they were priced at $10-12k... but they wouldn't give me more than $4500 for my non-turbo.
Just be thankful that it will be fairly easy to find ads of your year/model bike. When I crashed my car, I had to accept their lowball offer because I couldn't find a single ad of my year/model car (It was an older saab.. not a vehicle you see very often.) I found some that were the same but with turbo, and they were priced at $10-12k... but they wouldn't give me more than $4500 for my non-turbo.
icbc sucks.
Just be patient until the spring. If you try to settle now icbc will just give current market value. When my old bike was written off the gave me a garbage offer. I freaked out on the phone told them there was no way the offer was reasonable, ICBC called backed the NEXT day and upped the offer. Like i said your better off waiting until spring/summer. Were you injured?
Just be patient until the spring. If you try to settle now icbc will just give current market value. When my old bike was written off the gave me a garbage offer. I freaked out on the phone told them there was no way the offer was reasonable, ICBC called backed the NEXT day and upped the offer. Like i said your better off waiting until spring/summer. Were you injured?
forgot to mention
icbc considers "FAIR"market value as 3-5 current prices (genrally KBB) and averages them out (km's factored in). Then take 10% off for obo.(dont ask why but they do it) and theres your current market payout for you bike or probably less to start. ex 7500 listing is considered max 6750 to icbc.
icbc considers "FAIR"market value as 3-5 current prices (genrally KBB) and averages them out (km's factored in). Then take 10% off for obo.(dont ask why but they do it) and theres your current market payout for you bike or probably less to start. ex 7500 listing is considered max 6750 to icbc.
Also you're not telling us what the declared value was on your policy, if it was say $7300 and you had a 500 Ded then you'll never see a dime more than $6800.
Yes, and no. All other things being equal, a vehicle with a proven maintenance history is worth more, and they will compensate you for it. If nothing else, it will be one more thing that supports your claim that your vehicle was a creampuff, not "average". On "average", people are horrible about maintaining their vehicles.They wouldn't give you more money for maintenance receipts. They concider it to be the cost of owning the vehicle.
100% correct.They also won't give you money for most aftermarket parts, unless you can prove that they cost more than the stock part.
Yes, a passenger can make a claim through ICBC against the driver.Not through ICBC. But can't you make that claim through Worker's Comp? Or are you stuck with a personal injury lawsuit?
That's called a Third Party Claim, and if the passenger suffers an injury as a result of the driver's negligence, they are entitled to compensation.
In BC, the WCB Act/Regs (I'm not sure what they're calling that piece of legislation today) supercede the Insurance (Motor Vehicle) Act and Regulations (that's your auto policy, in plain insurance terms) and thus, in an auto collision, a worker still can't sue a worker. A non worker can sue/claim against a worker, and a worker can sue/claim against a non worker.
But no worker vs. worker.
Confused?
Me too.
you were at work, he was at work, you both work together, you can't sue eachother. your covered under WCB cause you were both at work but you can't sue for anything. could settle outta court for a case of beers though!!
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