| View previous topic :: View next topic |
| Author |
Message |
mitch7
Thrashed
Joined: Mar 30, 2006
Posts: 1,718
Location: dodging bullets
|
 Posted: Fri 10th Oct 4:10pm Post subject: Insurance Question...who Does Full Replacement?? |
  |
|
Just wondering if any of the insurance companies do full replacement value? 
|
|
|
| Back to top |
|
 |
Spudius
Worn
Joined: Aug 16, 2004
Posts: 643
Location: chch
|
| Posted: Fri 10th Oct 4:18pm Post subject: |
|
|
Pretty difficult/impossible to get 'full' replacement value, more often then not they liaise with the bike shop and you get this years equivalent stock version, regardless of any upgrades you might have had on your original. So gotta be realistic about specified value on your policy, no point paying extra for no reason.
Using a broker can ease most of the pain with insurance companies! They filter out all the BS.
Hope this helps!
|
|
|
| Back to top |
|
|
wachtourak
Mangled
Joined: Dec 09, 2002
Posts: 31,354
Location: Disassembling the captains chair
|
| Posted: Fri 10th Oct 4:19pm Post subject: |
|
|
|
AA House and contents does, you have to have your bike listed as a special item and get a quote/reciept from your bike shop though
|
|
|
| Back to top |
|
|
mitch7
Thrashed
Joined: Mar 30, 2006
Posts: 1,718
Location: dodging bullets
|
| Posted: Fri 10th Oct 4:26pm Post subject: |
|
|
cheers wachy...
i'll check AA out...might be a bit difficult as i have H&C with ASB bank...but perhaps they'll just do the bike..
ta Spudius..recently went through that palava .
|
|
|
| Back to top |
|
|
neels
Slightly below average
Joined: Sep 05, 2007
Posts: 1,132
Location: Waiting for the great leap forward
|
| Posted: Fri 10th Oct 4:28pm Post subject: |
|
|
|
Most important bit is to get a replacement value quote from your bike shop, if you upgrade then get an new one from the bike shop that did it. AA do new for old replacment so they don't depreciate the parc out of it and tell you it's worth $50 because you've had it for 2 years.
|
|
|
| Back to top |
|
|
dirtjumper123
Scuffed
![]()
Joined: Mar 27, 2007
Posts: 393
Location: chch
|
| Posted: Sat 11th Oct 8:05am Post subject: |
|
|
i got full replacement and more with AMI 
|
|
|
| Back to top |
|
|
Biker4Life
Flogged
Joined: Mar 20, 2007
Posts: 3,257
Location: Invercargill
|
| Posted: Sat 11th Oct 8:11am Post subject: |
|
|
AMI do full replacement but if its worth over $2g it has to has a quote for replacement from lbs a pic and listed seperate on our insurance.
On another note does anyone know what insurance company does a bikes only insurance. I need it for when I move out next year. I dont really give a parc about my other gear just my bikes? Or who does the best h & c insurance?
thanks bols
|
|
|
| Back to top |
|
|
michael
Flogged
Joined: May 22, 2002
Posts: 3,327
Location: Christchurch
|
| Posted: Sat 11th Oct 12:37pm Post subject: |
|
|
|
If your moving into a flat youll probably want renters insurance anyway (to cover your liability if you burn the flat down) which ussually covers your contents aswell.
|
|
|
| Back to top |
|
|
businesstime
Ridden
Joined: May 05, 2008
Posts: 174
|
| Posted: Sat 11th Oct 1:43pm Post subject: |
|
|
| mitch7 wrote: | cheers wachy...
i'll check AA out...might be a bit difficult as i have H&C with ASB bank...but perhaps they'll just do the bike..
ta Spudius..recently went through that palava . |
They wont just do the bike. I tried that recently and they were not interested.
|
|
|
| Back to top |
|
|
xcwander
Shiny
Joined: Feb 23, 2007
Posts: 24
|
| Posted: Sat 11th Oct 2:20pm Post subject: |
|
|
|
Another company to try is Allianz. I've got my bike listed under my H&C at replacement. Added about $85 per year on a $4k bike with full replacment.
|
|
|
| Back to top |
|
|
slowMTB
Worn
Joined: Mar 22, 2008
Posts: 563
Location: Crashing on a perfectly groomed trail near you .ChCh
|
| Posted: Sat 11th Oct 4:28pm Post subject: |
|
|
State Insurance do full replacement - have never had a problem with claims. House hit by lightening - lots of new stuff after that one. And other unfortunate claims 
|
|
|
| Back to top |
|
|
Astoria Paranoia
Wrecked
Joined: Aug 20, 2002
Posts: 4,969
Location: It appears that we are at an impass
|
| Posted: Sat 11th Oct 7:03pm Post subject: |
|
|
| slowMTB wrote: | | State Insurance... never had a problem with claims |
Will have to check if mine's replacement too.
If it's a declared item is it automatically full value?
I've had 3 bikes stolen and never had any problems 
|
|
|
| Back to top |
|
|
KoNa_dHer
Flogged
![]()
Joined: Mar 08, 2006
Posts: 2,111
Location: Christchurch
|
| Posted: Sat 11th Oct 7:29pm Post subject: |
|
|
My bikes are insured with State (one declared, other <2k), don't get full replacement, only their current value
And not insured at all if anything happens when riding them either haha
|
|
|
| Back to top |
|
|
elpalmo
Scuffed
Joined: Sep 10, 2006
Posts: 501
|
| Posted: Sat 11th Oct 7:32pm Post subject: |
|
|
|
Do you get the declared value if it's stolen or whatever though?
|
|
|
| Back to top |
|
|
KoNa_dHer
Flogged
![]()
Joined: Mar 08, 2006
Posts: 2,111
Location: Christchurch
|
| Posted: Sat 11th Oct 7:36pm Post subject: |
|
|
|
Don't think so. I'm pretty sure they depreciate it every year, will have to double check though. I definitely wouldn't get full replacement value if it got nicked
|
|
|
| Back to top |
|
|
|
