Motorcycle write off but still on higher purchase

[gingerflaps]

HELP!!!
Ive recently had a motorcycle accident and i have just been told by the garage that its going to be written off, the thing is I bought it in late 08 on higher purchase and still have roughly £2200 left to pay.
Will the insurers pay off the outstanding amount or give me a lump sum lower than what i owe... i dont want to pay for something i no longer have.

kind regards. Katie x

[bednobs]

if you have "gap" insurance, they will pay the whols amount, if you don't they will pay what the bike is worth and you make up the shortfall

[gingerflaps]

yes i have fully comp
so say for instance i owe £2000 to the creditors, and the insurers offer me £1500, will the insurers give me that 1500 or will it go automatically to my creditors without me seeing a penny, then still having to pay the outstanding 500?

because, if they give me the 2000 then i was thinking i could buy a cheaper bike for cash and put the rest towards the outstanding amount that i owe
but i was told that it goes straight to the creditors, leaving me to pay an outstanding amount (obviosly they're not going to pay the full amount) and also leaving me with no transport

[ummmm]

I would have thought the cheque would be made out to you as you are the one paying the premiums.

[woozer]

If the bike is th esubject of anHP agreement the payent will go to the HP company - it has to.