banagan Posted June 5, 2014 Share Posted June 5, 2014 A mates rental bike got stolen, they say they want 46,000 baht. I'm just wondering, would these not be insured? Link to comment Share on other sites More sharing options...
watcharacters Posted June 5, 2014 Share Posted June 5, 2014 . Contract? Link to comment Share on other sites More sharing options...
banagan Posted June 5, 2014 Author Share Posted June 5, 2014 . Contract? I don't think he has the contract... I'll ask him. Link to comment Share on other sites More sharing options...
PoorSucker Posted June 5, 2014 Share Posted June 5, 2014 Normally no insurance on rental bikes. Link to comment Share on other sites More sharing options...
robblok Posted June 5, 2014 Share Posted June 5, 2014 Not insured.. I think your mate is into trouble.. Depending if the bike was new and what kind of bike the price could be genuine. Link to comment Share on other sites More sharing options...
inzman Posted June 5, 2014 Share Posted June 5, 2014 Check back at the shop in a few weeks, I think you will find it has been mysteriously returned. Link to comment Share on other sites More sharing options...
banagan Posted June 5, 2014 Author Share Posted June 5, 2014 Normally no insurance on rental bikes. Really, do vechicles not need insurance? Link to comment Share on other sites More sharing options...
PoorSucker Posted June 5, 2014 Share Posted June 5, 2014 Normally no insurance on rental bikes. Really, do vechicles not need insurance? Traffic insurance is compulsory, but many rentals don't even have that. (check the sticker) It only cover medical costs up to 15.000 baht. Link to comment Share on other sites More sharing options...
MMarlow Posted June 5, 2014 Share Posted June 5, 2014 Normally no insurance on rental bikes. Really, do vechicles not need insurance? Why do you sound surprised, is insurance against theft required in any country? Link to comment Share on other sites More sharing options...
banagan Posted June 5, 2014 Author Share Posted June 5, 2014 Normally no insurance on rental bikes. Really, do vechicles not need insurance? Why do you sound surprised, is insurance against theft required in any country? I'm not an insurance expert, so I don't know. Link to comment Share on other sites More sharing options...
stubuzz Posted June 5, 2014 Share Posted June 5, 2014 He will have to pay. Go to the police station; they will know what to do. Link to comment Share on other sites More sharing options...
cgphuket Posted June 5, 2014 Share Posted June 5, 2014 No Link to comment Share on other sites More sharing options...
soundman Posted June 6, 2014 Share Posted June 6, 2014 If your friend lost it, unless he actually signed on for some insurance, I think he has to pay for it. If it was a scooter 46K sounds like the price for a new one. Find out how old it was, and from there you should be able to work out a fair second hand value. Link to comment Share on other sites More sharing options...
wooloomooloo Posted June 6, 2014 Share Posted June 6, 2014 What did your friend give the rental company as collateral? Link to comment Share on other sites More sharing options...
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