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Well...Insurance says it's Total Loss!! l

DrillersGoDeeper2010-08-09 12:37:16 +0000 #1
Finally got everything pretty well settled with the insurance Co. and they say it is gonna be a total loss with the current estimate that they were given from my mechanic shop ($5200). Anyways, I'm gonna put everything back stock (or close as possible) and sell the parts that I can (lift w/Gorilla axles, wheels, tires, Gorilla radiator cover, PC III).

If you don't have insuramce on your ride already, then you should get it ASAP! This is the second bike that I have sank in the last 8-10 months and Geico and been the very best to deal with. I only paid $21/monthly and couldn't ask for better service with all this that has gone on.

Anyways, the parts that are not already spoken for are in the 4 sale section. Thanks!
IBBruin2010-08-09 12:46:31 +0000 #2
$5200? What all did it supposedly mess up?
DrillersGoDeeper2010-08-09 13:12:34 +0000 #3
That's just the estimate for the engine work and labor....and that is just for stock bore rebuild....lol

They put on the estimate and extra 5 hrs. just to flush throught all the motor and lines...lol

I looked at the motor..it's in pretty sad shape with all that Oatmeal looking mud in there!!!
IBBruin2010-08-09 13:11:56 +0000 #4
How much to buy it back from the insurance co for salvage?
DrillersGoDeeper2010-08-09 12:51:09 +0000 #5
The insurance only wanted $850 to buy it back...but I am gonna have to come out of pocket almost $1000 to meet payoff. Since insurance won't pay it completely off, then Kawasaki says I can't keep it (their policy).

Even though I have cash in hand to make up the difference, Kawasaki still won't let me have it...A-Holes!!

I told the insurance I definitely wanted it for $850, but looks like there is no way to get it back...
bump5302010-08-09 13:40:34 +0000 #6
that suck u cant buy it back. id give u a $1000 for it the way it sits bone stock lol
DrillersGoDeeper2010-08-09 14:56:47 +0000 #7
I wish i could buy it back!!!!!!!
IBBruin2010-08-09 13:41:24 +0000 #8
I don't understand how Kawasaki has any say so in it.
Jack2010-08-09 16:45:01 +0000 #9
Sounds to me that someone a Kawasaki is trying to get steel of a deal.
IBBruin2010-08-09 14:36:50 +0000 #10
Even if Kawie financed it, once the insurance paid there part and if DGD pays the balance, the way I see it is it belongs to him once he buys if from the insurance co. I'd have to argue that one.

Unless it needs engine cases and crankshaft, if a man can do the rebuild himself 2K for the bike as it sits is a good deal.
Jack2010-08-09 15:57:05 +0000 #11
Quote:

Originally Posted by IBBruin

Even if Kawie financed it, once the insurance paid there part and if DGD pays the balance, the way I see it is it belongs to him once he buys if from the insurance co. I'd have to argue that one.

That's exactly right and if DGD doesn't argue then they will get the title free and clear and DGD won't get anything.

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