My bike was recently written off when a friendly motorist rear ended me.
The third party insurance company have accepted liability and made an offer which I am happy with. However, they have informed me that they will send me a cheque for 3/5 of the total and then when I have sent them my V5 and they will release the remainder. I don't really want to release my bike to them until I have the money I have been offered.
I just wonder whether the approach they are suggesting is the usual way of doing things? I am only concerned as I have nothing from them in writing confirming their offer and i just don't trust insurance companies.