I was hit by a car while riding my bike. The car turned into me and the officer said that it was his fault. Many of the parts on the bike are bent and the frame is scratched up and could be more seriusly damaged beyond what I can tell. If I understand correctly, his insurance should pay for the damages to my bike. Does anyone know how they assess damages, how to calculate the bikes value minus depreciation (trek 1500 alumin frame, carbon fork, and seat post, shimano 105), or have any advice concerning the process?
If the bike is declared total will they take the bike and sell it or do I get to keep it?