Last August, a lady coming from the oncoming direction made a left turn right in front of me. As a result, I slammed my brand new 2 month old '08 SV650 into the side of her car and went flying. The accident was completely her fault, noted in the police report, she was ticketed.
Her insurance paid the $4,500 repair cost after waiting over a week for them to take a look at it. Finally, the insurance sent me an offer to release them from all claims and responsibility. After medical expenses, their offer is $400.
After seeing my brand new bike being hauled away by the wrecker, going through an unwilling flight lesson (usually I have a parachute when traveling at high rates of speed through the air), minor scarring to my knee and elbow, back pain and chiropractor visits, being without my new bike for over a month while still in the 'honeymoon' phase, ruined a good pair of slacks, belt and dress shirt (ironically had plans to get gear the next day), using up sick time and being away from work, residual damage and depreciation to the value of the bike, reliving the 'what the $#^% is a beige car door doing there' moment over and over, having to deal with this insurance company, not saving a gallon of gas each work day when gas was near $4 a gallon, etc... To me, $400 seams a little low. When I got rear ended in my car, which was no big deal, they (different insurance company) threw $700 at me, and they even gave me a replacement vehicle!
What is your opinion on their compensation offer? Should I be happy with the $400? If not, what amount should I really be seeking? Have you been in a no-fault accident, with no permanent serious injuries, and what did you get for compensation?
Her insurance paid the $4,500 repair cost after waiting over a week for them to take a look at it. Finally, the insurance sent me an offer to release them from all claims and responsibility. After medical expenses, their offer is $400.
After seeing my brand new bike being hauled away by the wrecker, going through an unwilling flight lesson (usually I have a parachute when traveling at high rates of speed through the air), minor scarring to my knee and elbow, back pain and chiropractor visits, being without my new bike for over a month while still in the 'honeymoon' phase, ruined a good pair of slacks, belt and dress shirt (ironically had plans to get gear the next day), using up sick time and being away from work, residual damage and depreciation to the value of the bike, reliving the 'what the $#^% is a beige car door doing there' moment over and over, having to deal with this insurance company, not saving a gallon of gas each work day when gas was near $4 a gallon, etc... To me, $400 seams a little low. When I got rear ended in my car, which was no big deal, they (different insurance company) threw $700 at me, and they even gave me a replacement vehicle!
What is your opinion on their compensation offer? Should I be happy with the $400? If not, what amount should I really be seeking? Have you been in a no-fault accident, with no permanent serious injuries, and what did you get for compensation?