Motorcycle Appraisals and Appraisers,

  • 25 May 2019 8:48 AM
    Message # 7411868

    I have met some incredibly knowledgeable people in this club. Used a few appraisers, recommended here and been mightily impressed by their expertise.

    Having said that, I’ve also had some different experiences. When getting my Benelli SEI insured, a broker I was dealing with suggested a local appraiser. I called, he was available, and stopped in the next day. After chatting awhile, he was obviously a “car guy”. The appraisal was professional, well formatted and satisfied the insurer. But, it really was just a reprint of the information he gleaned from me, and a few minutes on line. 

    So here’s my question: How does one become a motorcycle/ auto appraiser in Ontario? 

  • 27 May 2019 9:48 PM
    Reply # 7463424 on 7411868

    Hello John, the obvious place to ask that question is the insurance companies which use the system. My closest "appraiser" si about 1.5 hrs away but has not answered my phon call. The next one (which I know off is about 2.5 hrs away. Basically to do a 15 min search on kijiji/e-bay for comparisons, take 4to 6 pictures, and a short write up. 

    My feelings are that the Insurer gets off light on most vintage policies, I know the number of mile s on my 3 bikes are ridiculously few. I have too much other stuff to do. Paul.

     

  • 28 May 2019 10:12 AM
    Reply # 7473472 on 7411868

    Paul..... we used to joke our vintage Insurance was “a buck a mile”. I could probably change that to metric! Thanks for the suggestions.

  • 04 Jun 2019 11:00 AM
    Reply # 7555202 on 7411868
    Ken


    I had a similar experience with a British sports car I had.  The car was rare to North America but not really that valuable, I think there are only about 50 in N.A.  I used an appraiser suggested by the Insurer.  He essentially asked what "I" thought it was worth and I supported the value based on examples on a website from the UK.  He wrote up the appraisal, took some pictures and I submitted it.  

    Everyone was, happy ?

    Ken

  • 05 Jun 2019 4:02 PM
    Reply # 7557926 on 7411868

    Ken...... same experiences, but I must say I have used a few CVMG Club Members for my older motorcycles and their expertise has been amazing and extremely competent. I’m still curious how one becomes an Appraiser? Many of our Members won’t be doing this for ever... 

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