Insurance claim que...
 

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[Closed] Insurance claim question

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After 5 weeks, my insurer has instructed the adjuster to settle for my 3 bikes that got stolen or destroyed in the last round of thefts from my house.

So I spoke to adjuster and he said that he will talk to SBS solutions tomorrow about their proposed like-for-like settlement.

Does anyone on here know of SBS will just automatically go to Wheelies, or if they could possibly have  replacement contract with another supplier?


 
Posted : 09/07/2018 5:41 pm
Posts: 1508
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No idea on either of those, but don’t forget you can just push for a cash settlement if they are not able to replace the bike like for like ie same bike same spec. And don’t forget to include any upgrades in that as well


 
Posted : 09/07/2018 6:24 pm
Posts: 91000
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Yes AFAIK you don't have to go with their supplier - it's a racket.


 
Posted : 09/07/2018 6:29 pm
Posts: 44146
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If their supplier can supply the right bikes then any cash settlement will only be what those bikes would cost the insurer not the retail price of those bikes


 
Posted : 09/07/2018 7:10 pm
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I took 20% less to have cash instead of product.  Still worked out in my favour though.


 
Posted : 09/07/2018 7:46 pm

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