2018 Speed Triple RS Cat B Write Off
Discussion
It was hit whilst parked at a petrol station whilst I was inside paying for fuel. Claimed off their insurance, got full value as frame damage resulted in Cat B write off. However, looks like I can keep it.
So, what's the best way to get maximum value from it? I don't have the facilities to break it myself.
So, what's the best way to get maximum value from it? I don't have the facilities to break it myself.
jotpilot said:
Already got book value as insurance company declared zero scrap value for some reason.
Ideal for me...
Have they kept the V5? If not it could go for export where that history could be effectively erased. If you’ve got relatives / mates in Europe it might be handy.Ideal for me...
Then it gets re-imported a year later of course...
B CATEGORY INSURANCE WRITE-OFFS
B – Break for parts. The ‘B’ classification applies to vehicles that again are too dangerous to be put back on the road, but salvageable parts can be removed (and sold) before the vehicle is destroyed.
Really not sure how you handle "destroying" the vehicle. Do they mean the frame has to be destroyed but the rest can be removed and sold?
B – Break for parts. The ‘B’ classification applies to vehicles that again are too dangerous to be put back on the road, but salvageable parts can be removed (and sold) before the vehicle is destroyed.
Really not sure how you handle "destroying" the vehicle. Do they mean the frame has to be destroyed but the rest can be removed and sold?
GryllsBear said:
B CATEGORY INSURANCE WRITE-OFFS
B – Break for parts. The ‘B’ classification applies to vehicles that again are too dangerous to be put back on the road, but salvageable parts can be removed (and sold) before the vehicle is destroyed.
Really not sure how you handle "destroying" the vehicle. Do they mean the frame has to be destroyed but the rest can be removed and sold?
I’m guessing their rationale is the frame (which is often cast alloy these days) may have hidden damage and catastrophically fail when put back on the road = fatality. In car terms it would be a Cat C (or ‘S’ in new speak).B – Break for parts. The ‘B’ classification applies to vehicles that again are too dangerous to be put back on the road, but salvageable parts can be removed (and sold) before the vehicle is destroyed.
Really not sure how you handle "destroying" the vehicle. Do they mean the frame has to be destroyed but the rest can be removed and sold?
They should insist the headstock is cut off but that’s too much hassle of course so the punter is left with the decision as to what to do with it. Export it / ring it / track it / break it.
The other driver’s insurance company doesn’t care now. They’ve repaired their customer’s car, made a £10k odd payment to the victim and haven’t had to dirty their hands on any scrap - time to move on.
I was under the impression Cat B could only be sold to registered salvage yards. I wasn't at all interested in getting my speed master back (although the front wheel had gone through the radiator, who knows what state the headstock was in).
I would probably avoid taking it back, In case a chancer tried suing claiming the cat B wasn't correctly declared, and that made them crash.
I would probably avoid taking it back, In case a chancer tried suing claiming the cat B wasn't correctly declared, and that made them crash.
According to Copart "Due to the extent of damage to such vehicles, it is a legal requirement that only authorised Treatment Facilities (ATFs) can handle Category B vehicles, as they can pose a serious risk if returned to the road. Copart, as an ATF, will only allow Members to bid on Category B vehicles once all relevant documentation (to prove that you are permitted to buy, store and destroy Category B vehicles) has been shown and accepted." Although no guarantee that Copart are any more accurate than anyone else.
Generally what's been said about the Cat B not being allowed bak on the road/licenced salvage company etc is correct AFAIK.
Where are you? I have a friend who breaks bikes and he'd probably have it for the right price, location-wise he's in Kent but makes frequent trips to the North East for his other business so he covers a fair bit of the country. PM if interested.
Where are you? I have a friend who breaks bikes and he'd probably have it for the right price, location-wise he's in Kent but makes frequent trips to the North East for his other business so he covers a fair bit of the country. PM if interested.
Max5476 said:
According to Copart "Due to the extent of damage to such vehicles, it is a legal requirement that only authorised Treatment Facilities (ATFs) can handle Category B vehicles, as they can pose a serious risk if returned to the road. Copart, as an ATF, will only allow Members to bid on Category B vehicles once all relevant documentation (to prove that you are permitted to buy, store and destroy Category B vehicles) has been shown and accepted." Although no guarantee that Copart are any more accurate than anyone else.
That's by the ABI guidelines, but they do occasionally stay outside it. Depends if it ended up with copart, but if the insurer had offered it to the OP A it must be allowed by whoever has their mitts on it at the minute.Krikkit said:
That's by the ABI guidelines, but they do occasionally stay outside it. Depends if it ended up with copart, but if the insurer had offered it to the OP A it must be allowed by whoever has their mitts on it at the minute.
Exactly this.If it’s being settled between two insurance companies in a ‘normal’ accident your bike will be absorbed into ‘the system’ and you won’t have access to the salvage if it’s deemed a total loss. They then process your wreckage through disposal agents / breakers who are contracted to buy it for a set percentage whether it’s slightly scratched or a burnt out wreck. This makes the bean counters life easier (know what they’re getting irrespective of actual level of damage) and everyone lives on the basis that some you win and some you lose.
If an insurance company is settling a non fault claim direct with you then they can deal with you how they want / anything to keep you happy. This generally involves giving you full money for your bike, quick resolution on hire vehicles and personal injury and getting as far from the salvage as they can. Classifying a bike with some small scratches as Cat B just neatly absolves them from any more responsibility. From then on it’s a case of possession being 9/10ths of the law.
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