FINALLY!!!

shayne86 · Post by **shayne86** » Tue Mar 14, 2006 8:48 pm

finally got a cheque from my insurance for my bike which was writen off over 13 weeks ago

and why the fuck do i have to pay excess when it WAS NOT my fault? what a load of horse shit.

anyways, am looking for a new bike now

MrStompy · Post by **MrStompy** » Tue Mar 14, 2006 9:04 pm

good news you finally got the money.
atleast you had a lot of time to think about what bike you want

so what are you going to buy?

shayne86 · Post by **shayne86** » Tue Mar 14, 2006 9:09 pm

gona get a loan and get a blasma blue zx6

if i can find one for sale in Perth

Stereo · Post by **Stereo** » Tue Mar 14, 2006 9:33 pm

shayne86 wrote:finally got a cheque from my insurance for my bike which was writen off over 13 weeks ago

and why the fuck do i have to pay excess when it WAS NOT my fault? what a load of horse shit.

anyways, am looking for a new bike now

That is a damned good question.... I didnt think you had to..... He has to pay HIS insurance the excess....

Kishy · Post by **Kishy** » Tue Mar 14, 2006 11:42 pm

Gosh thats a long time to wait.. usual they are settled within 14 days.
Thats the usual industry benchmark anyways. What matters caused the
delay in paying out?

In regards to excess paid, if you were deemed to be partially at fault
5% for example then you are liable to pay the excess. Its common place
for both parties to pay the excess if either both parties contributed to
incident happening, or involved insurers cannot agree as to who is at
fault.

Intead or dragging it to Court, its easier for them just to whack you with
the excess.

Your best bet is to contact your Claims officer & ask him/her for clarification.

red_dave · Post by **red_dave** » Wed Mar 15, 2006 8:43 am

Congrats on finally gettin' the cash...

Have fun shopping.

matchan · Post by **matchan** » Wed Mar 15, 2006 10:04 am

Good news on the payout mate but I would definately be checking up on the excess, if I recall someone ran into the back of you while you were waiting to turn ?

The partially at fault thing (I think sometimes called contributory negligence) is a typical insurace scumbag trick, my gf got cleaned up by some idiot turning right across an intersection and their insurance co tried the same thing.

Good luck with it and happy shopping !

Matt

photomike666 · Post by **photomike666** » Wed Mar 15, 2006 2:01 pm

Glad to hear the cash came through, ins companys aren't real flash at handing money back. Took 3 months to get one to admit their client was at fault when he pulled out in front of me

If it was 100% not your fault, sometime you pay the excess when your insurance pays out and that gets reimbersed from the at fault party.

Kishy · Post by **Kishy** » Wed Mar 15, 2006 3:23 pm

photomike666 wrote: If it was 100% not your fault, sometime you pay the excess when your insurance pays out and that gets reimbersed from the at fault party.

Doubt thats correct Mike.

Its irrelevant whether the Insurer pays you out or not; whether the claim
is worth $1000 or $100,000

If youre 100% not a fault, & they say you are, you are not charged an
excess.

The only Not-at-Fault type of incidents I can think of where an
excess is payable are for Non-Recoverable Incidents (where you are not
able to provide details of who caused damage)

eg.

Someone hitting ya in Shopping Centre & you dont know who caused
damage

I've never seen a Product Disclosure Statement or Policy Booklet which
states overwise.

If I'm incorrect pls let me know

Neka79 · Post by **Neka79** » Wed Mar 15, 2006 7:43 pm

Kishy wrote: If I'm incorrect pls let me know

oh dont worry mate...we will!!

Kishy · Post by **Kishy** » Wed Mar 15, 2006 9:41 pm

Neka79 wrote:
Kishy wrote: If I'm incorrect pls let me know
oh dont worry mate...we will!!

I wont be holding my breath tho

Neka79 · Post by **Neka79** » Wed Mar 15, 2006 10:12 pm

Kishy wrote:
Neka79 wrote:
Kishy wrote: If I'm incorrect pls let me know
oh dont worry mate...we will!!

I wont be holding my breath tho

oh mate as sure as mina's a spitter, u can garuantee we will correct ya...

Kishy · Post by **Kishy** » Thu Mar 16, 2006 12:06 am

Well, ya better start reading those Policy booklets bro

..
Plenty of the bastards to get through

Heres a coupla PDS's U can start with

Good luck

NRMA
http://www.nrma.com.au/pub/nrma/policy/ ... icle.shtml

Western QBE
http://www.qbe.com/australia/western/we ... d_car.html

AAMI
http://www.aami.com.au/products/policy/ ... cy_car.asp

SGIC
http://www.sgic.com.au/pub/sgic/policy/motor.shtml

RACV
http://motoring.racv.com.au/racvm/peace ... timate.cfm

Just had a quick browse thru AAMI's site & found a page which somewhat
reflects my previous post about when excess' apply (nothing about partial
at fault or both at faults).

I would logically presume its not noted bc whether you are partially or
wholly at fault, its one & the same. At fault is at fault whether its 50% or
100%

http://www.aami.com.au/products/policy/ ... comp_6.asp

<relevant snip>

Was the accident or the event your fault? No

Can you give us the name and address of the person who was at fault or
the registration number of their vehicle? Yes

Will any excess be payable? Yes

Was the accident or the event your fault? No

Can you give us the name and address of the person who was at fault or
the registration number of their vehicle? No

Will any excess be payable? Yes, because we won’t have the opportunity
to recover the cost of the damage to your motorcycle.

Barrabob · Post by **Barrabob** » Thu Mar 16, 2006 12:48 am

Or more to the point they work out what you paid for the policy+excess+what they got for the scrap- payout figure is what their loss is.

On the taxis some policys used to be $5000 with a $1200 excess and if your carwas worth 5000bucks being a old one it wasnt worth comprehensive cover .

Anyway if they sting you with the excess even if you wherent at fault it saves their bottom line and they will all tell ya there there to make a profit.

Hey if you got ramed up the ass and you where sitting at a stop sign(it was a while ago and i have lost the detail) kick up a stink and write a letter to a ombudsman i am sure there is one.

I have never had to chase a insurance company but i do know people that have for loss of income and they will sign the check on the courthouse steps no problem.

Nanna10r · Post by **Nanna10r** » Thu Mar 16, 2006 12:52 am

red_dave wrote:Congrats on finally gettin' the cash...

Have fun shopping.

What that Says up there. Cant go Wrong quoting a Dave in here.
Cheers Brett

Kawasaki Sportsbike Riders Club - Australia - Online Forum

FINALLY!!!

FINALLY!!!

Re: FINALLY!!!