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Hey there. Thanks for the advice brother. I did take a riders course and passed with a 100% written and riding score. This collision was my fault, I was distracted Rev ON

And another thing, if they write it off and I get a new motorcycle, the new bike will get adjusted into my premium for this year, no cancellation and getting a new quote! [emoji1303] Sent from my iPhone using GTAMotorcycle.com

So, I talked to the dealership, they said the estimated repairs would cost $5,200, NOT INCLUDING taxes, labor, and storage fees. So I’m pretty much screwed because the value of the bike is around $7,000. I was told that it might be a write off, but it might not be. See a write off takes place...

Loll, my insurance is gonna go up to a maximum of $1,800 is worse comes to worse Rev ON

Mine has 1,200 kms on it. Rev ON

Yeap, but right now I don’t have enough money to fix it. Tbh I know I’m gonna be paying a lot, but that’s the best option I have right now. Rev ON

Hey man, thanks for the guidance brother! I told the motorcycle dealership that’s trying to appraise the motorcycle repair costs to fix it, I am not looking for a write off. The M50’s a beautiful bike, I love it. My helmet didn’t touch the asphalt at all, however I’ve emailed the receipts for my...

My broker won’t be back until Tuesday. I called in for the claim on the same day I crashed. So if they’re taking so long, it’s their fault right? Rev ON

Thank you very much for the detailed reply. It really has taken a lot of stress off of me. Someone asked why I would say cheaper price, that’s because I thought it had to match the price I say at Service Ontario for a tax break. So even if I paid $7,000 for it and I tell them $3,000, I get...

Brother I bought the bike for $7000, but can’t remember what I told them, I think I told them a lower amount because I thought it had to match the numbers I give Service Ontario so I get a break on taxes. That means I’m ******, like totally ******. The tank has a dent and scratch on it, the air...

The bike is still in very good condition. Here are the pictures. Rev ON

Let’s say I told the company that I bought the bike for $1,000, but I actually bought it for $7,000, and the bike is actually worth $8,500 in the market. If they write it off, which price do I get? Rev ON

Awesome!! Even if I told them a smaller amount?? Rev ON

Thank you so much for the guidance brother! Rev ON

That’s not good at all. They asked me how much the bike was in the beginning when I was getting insurance and I gave them a smaller amount, because I thought it needs to match the amount I tell at Service Ontario so I can get a break on taxes (guilty). If they write it off, are they just going...

Alright fellas. I can understand that the bike might look stupid, and you might not like it, but to say that this is a stupid idea is wrong. Yamaha is a huge company, the marketing and designing team probably get paid in the millions. I’m sure they don’t just come up with the idea and build a...

I have never had any accidents in the past, this was my first accident, and it was at-fault. I’m paying $1,100 a year right now, I heard that it might go up to $6,000 a year upon renewal. Someone in the post mentioned that even with minimal damage, the appraiser might write it off. Rev ON

Holy ****, $6K a year?? That’s pathetic. I’m paying $1,100 a year right now. I saw the bike today, very minimum damage. They’re yet to send an appraiser, but will send my bike to the dealership before that. So if I cancel the claim, I’m gonna have to pay for the time my bike’s been at the yard...

My car’s with a different insurance company. Rev ON

Thank you so much for the advice brother. They’re going to send an appraiser to the towing yard soon. Can I cancel my claim after he gives me an estimate? My deductible is $500. Right now I’m paying $90/month for insurance, which is pretty decent for my age (25). How much approx will it increase...