showkey
Super Mods
KBB and NADA values are a joke when it comes to values.....especially with motorcycles.
Insurance is going to start with black book that is updated weekly based on prices paid at auction for actual sold vehicles.
In the case of NC the insurance will see new bikes selling to $5000.......so thinking your used bike that 4-6 years old is still worth &5k is like wishing on a star. Now if the guy that hit you is at fault their insurance might give you “gift” to settle early and get rid of the claim......based on risk and exposure vs actual motorcycle value.
Insurance is going to start with black book that is updated weekly based on prices paid at auction for actual sold vehicles.
In the case of NC the insurance will see new bikes selling to $5000.......so thinking your used bike that 4-6 years old is still worth &5k is like wishing on a star. Now if the guy that hit you is at fault their insurance might give you “gift” to settle early and get rid of the claim......based on risk and exposure vs actual motorcycle value.
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