A week ago my 2001 Katana 750 was stolen as I dropped off some delivery bags. Keys were in ignition helmet was on mirror - it couldn't have been any easier for a thief. But I was gone only 2 minutes. Anyways, the sfpd found my bike 36 hrs later and towed it. I went to get it and found a stripped down version. All the plastic, mirrors, front turn signals, helmet, saddle bags was gone but the seat wasnt taken or tires. In fact I hesitantly started her up and I was blown away when there seemed to be nothing wrong (other than the appearance). Now I've done a few rides to work etc and I think it's idling fast and running hot. I noticed that the fuel knob is facing forward (9:00 clock). I believe this is the reserve position. Could this account for the hot idle? Now that this katana has been released from its outer shell, are there any areas I need to pay special attention to? Electrical sensitive components ? Any areas I need to cover up with some makeshift plastic cover? The front blinkers are gone and so is the top headlight. Will that throw the electrical system off? And lastly, who buys 10+ year old scraped up and cracked plastic body parts?
Thank you in advance for any light you can shed on this bizarre situation.
Julian
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Update to my stolen Katana story. Insurance gave me 2 options: 1. Keep the salvaged bike and they pay me $2600. 2. Turn over the bike and they pay me $3500.
I am definitely keeping the bike as my project Katana. I need front blinkers and some mirrors that work & I am golden! I found a Vstrom on Craigslist for $2500. I might move on that as well.
Very happy with the outcome of this mess! Props to SFPD for finding the bike in under 48 hours! And to Foremost Insurance for doing what they are supposed to do without and fuss or fight.
And thanks for the messages and posts from KatRiders.
Here is a breakdown of the Insurance numbers:
Actual Cash Value: $3361.00
Salvage Value: $769.67
Your two settlement choices are retaining the salvage or not retaining the
salvage.
IF YOU RETAIN SALVAGE
$3361.00 Actual Cash Value
- $769.67 Salvage Value
= $2591.33
+ $226.74 8.75% Sales Tax
+ $19.00 Title Fee
= $2837.07
- $250.00 Deductible
= $2587.07 Cash Settlement
IF YOU DO NOT RETAIN SALVAGE
$3361.00 Actual Cash Value
+ $294.09 8.75% Sales Tax
+ $108.00 CA Vehicle Registration
= $3763.09
- $250.00 Deductible
= $3513.09 Cash Settlement
Thank you in advance for any light you can shed on this bizarre situation.
Julian
-------------------------------
Update to my stolen Katana story. Insurance gave me 2 options: 1. Keep the salvaged bike and they pay me $2600. 2. Turn over the bike and they pay me $3500.
I am definitely keeping the bike as my project Katana. I need front blinkers and some mirrors that work & I am golden! I found a Vstrom on Craigslist for $2500. I might move on that as well.
Very happy with the outcome of this mess! Props to SFPD for finding the bike in under 48 hours! And to Foremost Insurance for doing what they are supposed to do without and fuss or fight.
And thanks for the messages and posts from KatRiders.
Here is a breakdown of the Insurance numbers:
Actual Cash Value: $3361.00
Salvage Value: $769.67
Your two settlement choices are retaining the salvage or not retaining the
salvage.
IF YOU RETAIN SALVAGE
$3361.00 Actual Cash Value
- $769.67 Salvage Value
= $2591.33
+ $226.74 8.75% Sales Tax
+ $19.00 Title Fee
= $2837.07
- $250.00 Deductible
= $2587.07 Cash Settlement
IF YOU DO NOT RETAIN SALVAGE
$3361.00 Actual Cash Value
+ $294.09 8.75% Sales Tax
+ $108.00 CA Vehicle Registration
= $3763.09
- $250.00 Deductible
= $3513.09 Cash Settlement
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