Last week I was hit by a car in an intersection when someone blew through the red light. ouch!!
Anyway I am sitting here trying to heal up and despite the pain this incident has brought me I cant stop thinking about my bike and riding again. I have 'custom' built up all of my bikes. I dig the whole project life-cycle, from finding the parts for the particular feel and style of a bike, and the mechanics involved in assembling it all from scratch to the finished product. But I am curious about how the insurance process works. If anyone has been through this before or is knowledgeable from the insurance company side, how they go about assessing the value, etc. I assume with auto insurance they use known values and guides from things like Kelley Blue Book etc and compare it against the estimated value of the repairs etc to determine if a vehicle is 'totaled'. But since my bike is not a standard make and model that you can just go look up an MSRP and I don't expect an auto insurance adjuster to know how to appraise a bicycle and it's component's value, I'm interested in how this will work out.
Any thoughts appreciated!