shaggystyle
Hummingbird slayer.
Ok, so here's the dillema....
The estimate for the repairs is $863.xx, basically a whole new front fairing (headlights, plastics, stay, etc). My insurance deductible is $500. I was checking on eBay and it looks like I could easily buy a replacement fairing on there for less than the price of my deductible. Now the question is, which is the better option? Either way I'm out $500, so the money is a wash as far as I'm concerned. I guess my problem is that I don't really understand how insurance works (it's some sort of black magic involving virgin sacrifices, that's all I know). I'm worried that if I file a claim my premium will go up some outlandish amount or there will be some other unknown affect. So what do you guys think: pay the deductible and let my insurance company deal with it and suffer whatever consequences that might entail? Or wait around for a red 07 fairing to show up on eBay and replace it myself?
The estimate for the repairs is $863.xx, basically a whole new front fairing (headlights, plastics, stay, etc). My insurance deductible is $500. I was checking on eBay and it looks like I could easily buy a replacement fairing on there for less than the price of my deductible. Now the question is, which is the better option? Either way I'm out $500, so the money is a wash as far as I'm concerned. I guess my problem is that I don't really understand how insurance works (it's some sort of black magic involving virgin sacrifices, that's all I know). I'm worried that if I file a claim my premium will go up some outlandish amount or there will be some other unknown affect. So what do you guys think: pay the deductible and let my insurance company deal with it and suffer whatever consequences that might entail? Or wait around for a red 07 fairing to show up on eBay and replace it myself?