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After an accident that was not your fault if the other party's insurance company totals your bike do you still get to keep your bike?


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Wiki User
2015-07-15 21:31:18
2015-07-15 21:31:18

most of the time, if an insurance company "totals" your equipment, it will pay it off or pay you and then sell it to a junk yard for as much as they can get for it.

However, you do have the option to buy your bike at the same price the salvage yard would pay.

Related Questions

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In most cases, you can get it fixed yourself. When the insurance company totals out a car, that is all they themselves are willing to pay. If you want to pay to have it fixed yourself, most won't care, but your rates may still change depending on the circumstances of the accident.

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The insurance company will usually retain the vehicle. You may be able to purchase it from them, call and ask.

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If it was their fault, their insurance company will cover the damages of your vehicle. I would hope that the person at fault has filed the claim already but you need to make certain. I also hope that a police report was done at the time of the accident.

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Normally yes. Some companies may require proof that you have repaired the car and it is road-worthy.


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