stolen '85 Fat Chance

mzannalisa · September 20th, 2012, 11:49 AM

I recently had my red 1985 Fat Chance, with original yellow fork, stolen:-( I need to determine the value for my insurance claim. I'd rather have my bike back, but hopefully I'll be reimbursed enough to purchase another ride because I'm aching to ride! Does anyone know how I might figure out the monetary value? Thanks

mainlyfats · September 20th, 2012, 1:35 PM

Pretty sure you need to ask your insurance company how they want to proceed...

If it's insured for replacement value, go to a bike shop and ask them to find you an American made XT bike. That's what it'd cost to replace.

Not sure how they handle depreciation, especially if the bike wasn't scheduled as a collectible asset on your policy. Most insurance companies in Canada won't cover bikes over $500 without an annual rider.

chainline · September 20th, 2012, 2:55 PM

So what did it look like ???? got any pics of your ride ????

September 20th, 2012, 11:49 AM	#1
mzannalisa New Member Join Date: September 20th, 2012 Location: San Francsico Posts: 1	stolen '85 Fat Chance I recently had my red 1985 Fat Chance, with original yellow fork, stolen:-( I need to determine the value for my insurance claim. I'd rather have my bike back, but hopefully I'll be reimbursed enough to purchase another ride because I'm aching to ride! Does anyone know how I might figure out the monetary value? Thanks

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September 20th, 2012, 1:35 PM	#2
mainlyfats Senior Member Join Date: August 13th, 2004 Location: Winnipeg Posts: 735	Pretty sure you need to ask your insurance company how they want to proceed... If it's insured for replacement value, go to a bike shop and ask them to find you an American made XT bike. That's what it'd cost to replace. Not sure how they handle depreciation, especially if the bike wasn't scheduled as a collectible asset on your policy. Most insurance companies in Canada won't cover bikes over $500 without an annual rider.

September 20th, 2012, 2:55 PM	#3
chainline Senior Member Join Date: February 12th, 2010 Location: laconia Posts: 301	So what did it look like ???? got any pics of your ride ????

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