Insurance buy-back.

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Joined
Dec 16, 2010
Messages
40,934
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7,686
Location
Stellenbosch
Bike
KTM 690 Adventure
Reading the "ACME" pricing thread, I was wondering how insurance works generally nowadays in regards of the insured being able to have 1st option on buying his or her bike back after a crash.
I could phone my insurer and have a answer, but itis much more fun to chat to the bla's on here.
Can you still demand to keep your written off bike and use the paid-out lump sum to repair it?
What is the general percentage of value that the insurer charges for your buy-back?
 
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