Bicycling And The Law - 911law.com

In today’s podcast, Richard L. Duquette discusses how to replace your property that was damaged in a bicycling accident with his 4 Tips to Recover Fair Property Damage Settlement.   The Adjusters are Skeptical   Insurance adjusters are skeptical. The value of bikes, especially carbon fiber ones are high. But the the adjusters do not want to overpay because their files are audited and they must justify the settlements they agree to.   Tip One   The general rule is you are entitled to the reasonable compensation for the damage to your bike and to your clothes, watch, computer, etc. Have an experienced bike mechanic estimate the total cost to replace your bike.   Tip Two   What to do if your bike is not totaled. The law allows you to repair your bike so it is repaired to the fair market value it was immediately before the crash. This includes the cost of parts and labor to perform the repairs.     Tip Three   You can recover the depreciation in value of a damaged bike.   To hear the rest of Richard L. Duquette’s