Insurance Question. Wife went down, she's good but...

[DucRS]

   So, the wife went for a ride this morning with a friend and ended up low siding after hitting a bit of gravel on a left sweeper. She says she wasn't going too fast. Besides her ego she's doing well , she was wearing full leather/armour. (AFGATT!)
   Her red 05 620 ended up with the typical cosmetic damage;
Dented tank, broken mirror, scuffed exhaust, bent handlebars ect..

Question is, do I report it to the insurance or just repair it myself.
If I do report it what will they most likely do? I've never used my moto insurance before.

Thanks!

[ducpainter]

Most insurance claims on bikes result in a total/salvage title and higher rates.

If it isn't too bad it will most likely be cheaper in the long run to fix it yourself or just let them take it and get something else.

[DucRS]

If they were to total the bike, they pay BB value and give me a chance to buy it back, right?
What's the usual buy back price set by the insurance company?

[ducpainter]

If they were to total the bike, they pay BB value and give me a chance to buy it back, right?
What's the usual buy back price set by the insurance company?

No clue...they usually have contracts with salvage yards that guarantee them a percentage of the settlement. I'd guess it varies with location.

[DucRS]

Thanks Duc!

[Raux]

If its coSmetic and shes still learning  just get it on the road and dont report it.

[herm]

Call your insurance company and ask. I have done so every time I have ever considered filing a claim, for bike or auto (for no fault, single party involved type of stuff...). They have always been willing to discuss the options with me. If you don't file a claim, it does not impact your insurance.

[Howie]

Dented tank and various scratched parts will total a Monster.     Insurance does not authorize tank repairs, only replacement.  Keep in mind, depending on state law a "salvage" bike will have salvage title and you may have to go through some hoops to get a reconstructed or rebuilt title and have diminished value.  If your local shop has a relationship with the adjuster you might get an estimate a little short of total, saving the grief of salvage title.

If its coSmetic and shes still learning  just get it on the road and dont report it.

If applicable, 

[muskrat]

whatever you do please DO NOT open a claim even if you don't  claim it.  Some companies are leaving them open and raising your rates even though you never "filed" it, this happened to me so I switched carriers.

[hbliam]

Call your insurance company and ask. I have done so every time I have ever considered filing a claim, for bike or auto (for no fault, single party involved type of stuff...). They have always been willing to discuss the options with me. If you don't file a claim, it does not impact your insurance.

If you call them just to ask they open a file on the incident either way. They gather evidence from your statements, etc.

Don't call to ask. Decide how much it would cost beforehand and if it's worth it or not for you to file a claim.

[herm]

If you call them just to ask they open a file on the incident either way. They gather evidence from your statements, etc.

Don't call to ask. Decide how much it would cost beforehand and if it's worth it or not for you to file a claim.

Unless you ask informed questions and are clear with them if/that you DO NOT intend to file a claim.

I have done this a number of times when deciding whether or not to file a claim, for motorcycle/auto/home owner... NEVER had my insurance rates affected by asking questions.

Of course, individual results will be variable, depending on the carrier/state regs/ and probably the insured individual's history.

[hbliam]

Unless you ask informed questions and are clear with them if/that you DO NOT intend to file a claim.

I have done this a number of times when deciding whether or not to file a claim, for motorcycle/auto/home owner... NEVER had my insurance rates affected by asking questions.

Of course, individual results will be variable, depending on the carrier/state regs/ and probably the insured individual's history.

If you call an insurance company they are going to: record the call and gather information to limit their exposure.

Yes, you are right. Depends on the carrier for the most part. I called USAA and asked some questions once and they said they have to open a claim if they are told a covered vehicle has been involved in an incident.

[herm]

If you call an insurance company they are going to: record the call and gather information to limit their exposure.

Yes, you are right. Depends on the carrier for the most part. I called USAA and asked some questions once and they said they have to open a claim if they are told a covered vehicle has been involved in an incident.

I have no doubt this is also true. 

[Howie]

Some of the above is based on local legislation.  If you purchase your insurance through an agent or broker you can ask these questions without fear of changing your rating with the insurance company.

[muskrat]

Howie is right