-
Thanks - so direct line have offered 785 cash - calling a modern Marin muirwoods an equivalent frame and components- it could be worse - but do I argue the toss on equivalency ? request additional cash to cover rear rack, guards and lights (which I provided receipts for) or just be grateful and take the 585 (after 200 excess) ?
Sheppz-
I'd argue. A few years back with Aviva I had similar where the equivalent they offered had many inferior components so I did a calculation including the upgraded components and they saw my point and increased their offer.
The only place you may run into issues is if you run into your stated replacement value. So if you insured it stating that a replacement would be 1k, they're not going to give you 1500 to replace. They will say you are under-insured.
hazzelfrazzel
I've no experience with Direct Line, but based on my experience with other insurers they will offer you an equivalent brand new bike, or the cash that the equivalent new bike would cost