Insurance Loss - What is comparable to Serotta?

[pe3046]

Hi,

My Serotta Nova Special was damaged in my recent move, and the insurance company is trying to find a comparable new bike.

Serotta Nova Special - Columbus SL tubing
Full Shimano Dura-ace 9spd / 10 Spd
Fizik Alliante Saddle
Thompson Master Elite Seatpost
Wheelsmith Gold Build Wheels
Speedplay Titanium Pedals
3TT Stem and Bars Fizik bar tape
Cateye Computer
Cuissi Elite Stainless Cages

Any thoughts?

[Cicli]

Independent Fabrication with Super Record.
Or a Trek.

[ColonelJLloyd]

Is there a similar steel bike off the shelf? Maybe something Italian?

Man, you had that seatpost in there.

[572cv]

Kirk, Bedford, No.22. All with Serotta palmieres, so maybe an insurance argument to be made there.

[Peter P.]

I think you're going to need a DOCUMENTED estimate from a legitimate bicycle shop. I can't imagine the insurance company is going to take your word for it.

You should bring the bike to a shop for a detailed written estimate, and work with them on comparable parts.

Is the bike a total loss or do only certain parts need replacement?

If I had to ballpark a comparable steel frame as a complete bicycle, I'd say just under $6k for a TIG welded steel frame such as an Independent Fabrications Crown Jewel with a Dura-Ace group. I chose IF because their operation is similar to what Serotta was albeit the Nova Special was a stock frame.

Should you or the bike shop really want to get into the weeds on the estimate, you could list a lugged steel frame, which would increase the price but would certainly be comparable to what is being claimed.

Let us know how you make out.

[charliedid]

Dave Kirk

[Ken Robb]

What is a 20+ year old frame worth? It's not a one-off collector's item. The components weren't damaged, right?

[Gummee]

Lots of the 80s/90s Italian framebuilders are getting back into steel.

Check them: Battaglin et al

M

[bikinchris]

Wow, they are going to buy a new product?

Yeah, I also vote IF Crown Jewel, with a comparable fork. Or a Gunnar stock frame.

[AngryScientist]

i think your comps should be from a comparable sized semi-custom bike builder.

-independant fabrication crown jewel
-seven whateva they call their steel bike
-waterford steel road bike

all with dura ace

i have no idea how they depreciate the value to what you get, probably depends highly on your particular policy; but those three companies are similar in size to the old serotta, so that should be someplace to start i suppose.

[pbarry]

Yep, prices from small to medium sized builders like Independent would be fair market value for a replacement frame. Seven is another comp to consider.

[shinomaster]

get this new SL frame. http://www.somec.com/en/collection/s...mes/top_class/

[peanutgallery]

What's an 89 Camry with 350,00 miles worth?

Take it to a shop, they'll usually do you a solid

[Black Dog]

Originally Posted by 572cv

Kirk, Bedford, No.22. All with Serotta palmieres, so maybe an insurance argument to be made there.

Add Dave Wages of Ellis he is also Serrota alumnus who makes steel bikes.

[jtbadge]

Originally Posted by peanutgallery

What's an 89 Camry with 350,00 miles worth?

Take it to a shop, they'll usually do you a solid

+1 to both parts. I think you’d be lucky to get into a Mr. Pink or something out of this. But a friendly estimate could help.