Long story short, someone in a tin box ran me over on my bike. Their insurance is paying for everything related to the bike and the gear I was wearing. Obviously I understand that the bike would be accessed based on market value or what they call ACV (actual cash value = Replacement cost - depreciation). But, they're accessing the damaged jacket, helmet, pants, boots using ACV too... My problem is that I can probably buy a replacement bike equal to the same one I had with the ACV that they offered me, but there's no way that I am going to go out and buy replacement gear at the fraction amount of money that they offered. Were they expecting that I go out and buy used gear??? Doesn't really make sense to me. ie) Lets say a helmet is $1000 brand new and I've had it for 5 years and they claim that it has a typical life span of 10 years, so they're going to give me $500 assuming 50% depreciation. But the problem is that I ain't going to find a new helmet of like quality for $500 and I ain't going to go out and buy a used helmet for $500 either... To me, it makes more sense that for certain things, the new replacement cost value should be used. What do you guys think? Has anyone claimed bike gear before from an insurance company?