Insurance clause...

[KrazyGixxerBoy]

Hi all,

Just insured my bike today (as I only recently got my full licence :innocent:) and the guy from State told me that my bike had to be bolted to the floor in my locked garage when not in use! I asked him if he bolted his tv to the floor when he left the house....

Anyway, I flatly refused and after being on hold for another half an hour while he talked to the underwriters, he came back and said it would be ok if I fitted a disk lock.

Just wondering if anyone else has come across stupid clauses like this?

[Laxi]

Hi all,

Just insured my bike today (as I only recently got my full licence :innocent:) and the guy from State told me that my bike had to be bolted to the floor in my locked garage when not in use! I asked him if he bolted his tv to the floor when he left the house....

Anyway, I flatly refused and after being on hold for another half an hour while he talked to the underwriters, he came back and said it would be ok if I fitted a disk lock.

Just wondering if anyone else has come across stupid clauses like this?

yep state told me same thing, try another insurer:yes:

[yachtie10]

talk to some other insurers
Also how secure is your garage? Maybe they have a reason.
personally I would be wary of these clauses as they probably wont payout if you forget to put it on

Goodluck
try kiwibike.co.nz or any of the other brokers mentioned on this site

[The Everlasting]

I'm insured with state,and they never asked me if it was secured in any way,they where happy with the steering being locked.

[Quasi]

Hi all,

Just insured my bike today (as I only recently got my full licence :innocent:) and the guy from State told me that my bike had to be bolted to the floor in my locked garage when not in use! I asked him if he bolted his tv to the floor when he left the house....

Anyway, I flatly refused and after being on hold for another half an hour while he talked to the underwriters, he came back and said it would be ok if I fitted a disk lock.

Just wondering if anyone else has come across stupid clauses like this?

hey - well done on finally getting the full KGB. :scooter::scooter:

But - will it make you a better tagger:bash:

[R6_kid]

www.kiwibike.co.nz

Dave is the man. :woohoo:

He's not your everyday dodgy insurance broker - he's a bike rider himself and an honest and level headed guy. He'll find you the best policy he can with reasonable terms and conditions.

[Quasi]

www.kiwibike.co.nz

Dave is the man. :woohoo:

He's not your everyday dodgy insurance broker - he's a bike rider himself and an honest and level headed guy. He'll find you the best policy he can with reasonable terms and conditions.

yep - he is the man.
I with him, got a sharp price, great coverage and took 5 minutes on the phone

[EJK]

www.kiwibike.co.nz

I was happy to give my business to them.

Fast, easy and affordable.

[ckai]

bolting to the floor won't stop someone that's determined. Hell, they'll probably pinch your whole garage. When I worked as a valuer, one of the directors went to do a job and someone had pinched the house! :gob: No shit true story

where there's a will... ;)

but i'd look somewhere else as well

[Big Dog]

Hi all,

Just insured my bike today (as I only recently got my full licence :innocent:) and the guy from State told me that my bike had to be bolted to the floor in my locked garage when not in use! I asked him if he bolted his tv to the floor when he left the house....

Anyway, I flatly refused and after being on hold for another half an hour while he talked to the underwriters, he came back and said it would be ok if I fitted a disk lock.

Just wondering if anyone else has come across stupid clauses like this?

This is because globally statistics show that it is easier to steal a bike that is conveniently parked in the privacy of a shed. Especially if that shed has tools.
Not a stupid request, however in the past when I have had a rider of this nature it just stated that there would be an increased excess should there not be evidence that it had been secured.

A ground anchor does not cost much.
They can't prove you did not use it that day if your bike is gone.

[Big Dog]

I have a multibike policy with kiwibike. No silly policy riders.
Easy to understand and very straight forward.

Communication was a little poor but the price was right too.

[Big Dog]

bolting to the floor won't stop someone that's determined. Hell, they'll probably pinch your whole garage. When I worked as a valuer, one of the directors went to do a job and someone had pinched the house! :gob: No shit true story

where there's a will... ;)

but i'd look somewhere else as well

A friends mum came home from holiday to find everything gone.
Carpets
Light switches
curtains
doors
oven
the lot.

Neighbours saw a removal truck but could not remember the name on the side.

[SMOKEU]

I have a multibike policy with kiwibike.

They quoted me a ridiculous sum of money for full cover. I opted to go for NAC instead as they were the cheapest.

[White trash]

You're all missing the big point here.

You own a GSXR, it'll be wrapped around a tree somewhere before any dirty thief has a chance to get his hands on it. Any insurance company worth their salt will know this.

[KrazyGixxerBoy]

But - will it make you a better tagger:bash:

You betta hope not! :rofl:

[Insanity_rules]

Hi all,

Just insured my bike today (as I only recently got my full licence :innocent:) and the guy from State told me that my bike had to be bolted to the floor in my locked garage when not in use! I asked him if he bolted his tv to the floor when he left the house....

Anyway, I flatly refused and after being on hold for another half an hour while he talked to the underwriters, he came back and said it would be ok if I fitted a disk lock.

Just wondering if anyone else has come across stupid clauses like this?

Yes and when I did I told the company to take a flying leap. It was Lumley by the way.

[KrazyGixxerBoy]

This is because globally statistics show that it is easier to steal a bike that is conveniently parked in the privacy of a shed. Especially if that shed has tools.
Not a stupid request, however in the past when I have had a rider of this nature it just stated that there would be an increased excess should there not be evidence that it had been secured.

A ground anchor does not cost much.
They can't prove you did not use it that day if your bike is gone.

I understand that, but as I said to the broker, I don't see myself boting my bike to the floor when it's not in use so I'm not going to say that I am, rather be up front with them in the beginning.

as it ended, they were happy with a disk lock on it and as you say, they couldn't prove it either way.

Other issue is we don't own the house so I'm pretty sure the landlord would say no if I said I wanted to drill holes in the concrete floor of the garage!

[p.dath]

My insurer just gives an excess table. The excess is so much if it is outside, and less if it is inside a locked garage. There is no further requirement to secure the bike inside of the garage.

[p.dath]

...
as it ended, they were happy with a disk lock on it and as you say, they couldn't prove it either way.

Try reading about all the disc lock damage done to bikes on here - when people forget they have it on, and try to ride off.

[KrazyGixxerBoy]

www.kiwibike.co.nz

Dave is the man. :woohoo:

He's not your everyday dodgy insurance broker - he's a bike rider himself and an honest and level headed guy. He'll find you the best policy he can with reasonable terms and conditions.

I've heard really good things about Kiwibike and it was my first port of call.

Only reason I ended up going with State is I have both my cars, contents etc through them and they actually gave me a really good deal.

[KrazyGixxerBoy]

Try reading about all the disc lock damage done to bikes on here - when people forget they have it on, and try to ride off.

Yeah, I'm aware of that....will be something to watch out for.

In saying that, It's easier to say to the insurers if my bike gets stolen that "they" must have gotten the disk lock off! ...than, "they" have taken my garage!

Unsure whether I will actually use a disk lock but it's definately easier to bluff...

[Grahameeboy]

I think it depends on who you talk to at State....if the garage is locked that should be enough...like the man says...they don't ask you to padlock the contents of your house.

Yep go somewhere else..I suspect State use this when they don't want the business as they are cheaper in many case...product the same...because they pick and chose business...

I mean bike theft is not a major issue in NZ like it is in say the UK where ore motorbikes are stolen in the UK than are bought new...it is only a Bandit..not saying Bandits are bad...but it is not say a $30,000 1098 etc

[PirateJafa]

Try reading about all the disc lock damage done to bikes on here - when people forget they have it on, and try to ride off.


Yeah, I'm aware of that....will be something to watch out for.

Which is why you tie a piece of rope, preferably brightly-coloured (will be around $10 from any marine chandlers shop, or less if you find some at Mitre 10 or somewhere) around the disclock. When you put the disclock on, you just drap the other end of it around the throttle. A nice visual reminder that something is out of the ordinary if you've hopped on and are about to grab the throttle when hey what's this line here, and where's it go to... ooooh, it leads to the disclock, maybe I should take that off.

[KrazyGixxerBoy]

Which is why you tie a piece of rope, preferably brightly-coloured (will be around $10 from any marine chandlers shop, or less if you find some at Mitre 10 or somewhere) around the disclock. When you put the disclock on, you just drap the other end of it around the throttle. A nice visual reminder that something is out of the ordinary if you've hopped on and are about to grab the throttle when hey what's this line here, and where's it go to... ooooh, it leads to the disclock, maybe I should take that off.

Yip, I've seen disklocks that come with flouro lanyards attached.

[crazybigal]

dude what are you doing using state!!!!big bunch of mupets!
give dave at kiwibike insurance a call, better service, better price,no bullshit.



Hi all,

Just insured my bike today (as I only recently got my full licence :innocent:) and the guy from State told me that my bike had to be bolted to the floor in my locked garage when not in use! I asked him if he bolted his tv to the floor when he left the house....

Anyway, I flatly refused and after being on hold for another half an hour while he talked to the underwriters, he came back and said it would be ok if I fitted a disk lock.

Just wondering if anyone else has come across stupid clauses like this?

[crazybigal]

how good?, i had state for car and house and they still wanted twice as much as daves quote


I've heard really good things about Kiwibike and it was my first port of call.

Only reason I ended up going with State is I have both my cars, contents etc through them and they actually gave me a really good deal.

[p.dath]

Remember, you can normally terminate a policy within 14 days without there being an issue if you want to take your business somewhere else ...

[KrazyGixxerBoy]

how good?, i had state for car and house and they still wanted twice as much as daves quote

actually pretty good considering some of the stupid shit I got up to when I was younger! i did get an quote emailed through from Kiwibike and States was better....granted, I didn't give him a call....

[p.dath]

actually pretty good considering some of the stupid shit I got up to when I was younger! i did get an quote emailed through from Kiwibike and States was better....granted, I didn't give him a call....

It's all about what you want I guess. Lower excess, track day cover, helmet cover, gear cover, or just basic third party fire and theft.

[KrazyGixxerBoy]

It's all about what you want I guess. Lower excess, track day cover, helmet cover, gear cover, or just basic third party fire and theft.

Excess is a bit higher than with Kiwibike but it's full cover and all my gear is covered through my contents policy, so all good. All in all it probably turned out much of a muchness...

[trailblazer]

i got quotes off state and kiwibike and state was half the price for the same cover and all my gear up to $2000 is covered under my contents policey. I also deal with insurance companies everyday at work and state are easy to deal with. Not saying that kiwibike isn't easy to del with though.

[Phreak]

I think if you go with a bigger insurance company like State or Tower etc, you'll get a better price if you have 'home, contents and vehicle' as a total package, however, I approached kiwibike.co.nz as specialist motorcycle insurance brokers and they got me a really good deal...

[Big Dog]

They quoted me a ridiculous sum of money for full cover. I opted to go for NAC instead as they were the cheapest.

Are you on less than a full license?

NAC are great if you have a particularly sporty vehicle or less than full license. Outside of that they are pretty average.

Real value comes at claim time. I have never claimed with them but others tell me of lengthy proccessing times.

Oh and NAC quoted me for the same policy at $300 more.

[popelli]

Hi all,

Just insured my bike today (as I only recently got my full licence :innocent:) and the guy from State told me that my bike had to be bolted to the floor in my locked garage when not in use!

If you have anything half way decent you will have it chained down anyway

but find another insurer as they are looking to have a clause not to pay out

[crazyhorse]

Hi all,

Just insured my bike today (as I only recently got my full licence :innocent:) and the guy from State told me that my bike had to be bolted to the floor in my locked garage when not in use! I asked him if he bolted his tv to the floor when he left the house....

Anyway, I flatly refused and after being on hold for another half an hour while he talked to the underwriters, he came back and said it would be ok if I fitted a disk lock.

Just wondering if anyone else has come across stupid clauses like this?

If you are over 30 - contact Classic Cover. They are very reasonably priced and great to deal with. However, if you are under 30, or on a 250 or less, they will not insure you.

[Mr Merde]

Hi all,

Just insured my bike today (as I only recently got my full licence :innocent:) and the guy from State told me that my bike had to be bolted to the floor in my locked garage when not in use! I asked him if he bolted his tv to the floor when he left the house....

Anyway, I flatly refused and after being on hold for another half an hour while he talked to the underwriters, he came back and said it would be ok if I fitted a disk lock.

Just wondering if anyone else has come across stupid clauses like this?

This is a quite common clause in the UK.

I had a mate there whos bike was stolen when the thieves broke in through the roof of the garage and got to it.

I had one stolen when they took down a brick garden wall to get at the bike.

Looks like they are taking the UK's lead on security.

[Colapop]

Insurance companies are hesitant to insure him coz he's a hoon!!

[StoneY]

Hi all,

Just insured my bike today (as I only recently got my full licence :innocent:) and the guy from State told me that my bike had to be bolted to the floor in my locked garage when not in use! I asked him if he bolted his tv to the floor when he left the house....

Anyway, I flatly refused and after being on hold for another half an hour while he talked to the underwriters, he came back and said it would be ok if I fitted a disk lock.

Just wondering if anyone else has come across stupid clauses like this?

Plonkers, my bikes exactly same as yours, its only a Suzuki, not very high on theft list, and is covered even in my driveway on only steering lock as at factory

The Ducati has a garage clause, but only has to be IN a locked garage, and it 5x the value my suzy is (monetary value, emotional isnt a factor LOL)

[KrazyGixxerBoy]

Insurance companies are hesitant to insure him coz he's a hoon!!

:Oi: who asked for your opinion?!?! :rofl:

[KrazyGixxerBoy]

If you are over 30 - contact Classic Cover. They are very reasonably priced and great to deal with. However, if you are under 30, or on a 250 or less, they will not insure you.

Ummm, not quite there yet...getting close though! 2011 I might give them a bell...

[KrazyGixxerBoy]

If you have anything half way decent you will have it chained down anyway

but find another insurer as they are looking to have a clause not to pay out

Depends on your definition of "half way decent". Sure, my gixxers getting long in the tooth now but shes a classic I would't trade for the world! If ever there was a bike (to me) worth chaining down it would be my Suzy.

[crazyhorse]

Ummm, not quite there yet...getting close though! 2011 I might give them a bell...

Costs me about $470 per annum to insure my GSXR1000 - worth thinking about

[davebullet]

The red flag goes up when it's a sports 1000cc+ model. Is your garage fully secured / locked? Is it attached to another structure that isn't secured? It does seem odd this question is asked when it is fully locked. I know this question is asked when the bike is parked in a carport, near the street etc.. but not when a fully locked / secured garage

[Hiflyer]

Go to Vero, best claims satisfaction in the industry and voted Best general insurer of the year for 2009!

[KrazyGixxerBoy]

Costs me about $470 per annum to insure my GSXR1000 - worth thinking about

Mine came in at $249 p/a...despite some of the crazy shit in my (distant) past...granted it's an older bike than yours and your a female rider! :rofl:

[KrazyGixxerBoy]

The red flag goes up when it's a sports 1000cc+ model. Is your garage fully secured / locked? Is it attached to another structure that isn't secured? It does seem odd this question is asked when it is fully locked. I know this question is asked when the bike is parked in a carport, near the street etc.. but not when a fully locked / secured garage

Fully locked and secured garage with internal access. Off street front down a long driveway flanked with houses...hardlyl a risk I would have thought.

[huff3r]

Go to Vero, best claims satisfaction in the industry and voted Best general insurer of the year for 2009!

And they charge for it too!! When my parents insured their car through vero, even with home and contents multi-policy discounts they wanted $2k a year! State did it without any discounts whatsoever for $200...

Kinda easy choice huh?

[Hiflyer]

It's cos Vero only wants what we call "Good risks" if it's not a good risk then the premiums go up (not saying your parents are a bad risk, coulda been the type of car, location etc). And also what most people dont know is the overlooked things like free glass cover, huge legal liability cover etc etc is already payed for in most Vero policies, or are much higher than what other insurance companies offer. You get what you pay for.

In regards to that car, what some insirance companies do is give a 60% no claims discount straight off the bat without asking, then ping you for non-disclosure at claim time. Vero may well have asked if they had a no claim discount, were told "no" then didn't load the discount. Dunno, just a theory,










But I'm biased

[rphenix]

I'm insured with state,and they never asked me if it was secured in any way,they where happy with the steering being locked.

Same here. Though I'm going to re-read the fine print now in case the shits put anything in there I didn't spot the first time.

[crazyhorse]

Mine came in at $249 p/a...despite some of the crazy shit in my (distant) past...granted it's an older bike than yours and your a female rider! :rofl:

Well, that is very cheap considering you are insured by state(?)

ha ha ha - never come off a bike yet, and sure don't intend to either, so better watch your "female" comment :laugh: :whistle: some of us ride better than you blokes do:sweatdrop :yes:

[Okey Dokey]

As Mr Merde said, this is common in the UK. Maybe NZ insurers are thinking of adopting that type of rule as well.

Is it possible that they make this rule for people in "high risk" areas- do they have suburbs/towns/areas designated for this clause?

I don't know, but maybe someone here can say.

[SMOKEU]

Are you on less than a full license?

NAC are great if you have a particularly sporty vehicle or less than full license. Outside of that they are pretty average.

Real value comes at claim time. I have never claimed with them but others tell me of lengthy proccessing times.

Oh and NAC quoted me for the same policy at $300 more.

I've got a 1F and 6R. NAC is also the cheapest place to insure my car that I have found.

[Hiflyer]

People in High Risk areas usually have a higher premium, not extra clauses as far as I am aware.

[huff3r]

It's cos Vero only wants what we call "Good risks" if it's not a good risk then the premiums go up (not saying your parents are a bad risk, coulda been the type of car, location etc). And also what most people dont know is the overlooked things like free glass cover, huge legal liability cover etc etc is already payed for in most Vero policies, or are much higher than what other insurance companies offer. You get what you pay for.

In regards to that car, what some insirance companies do is give a 60% no claims discount straight off the bat without asking, then ping you for non-disclosure at claim time. Vero may well have asked if they had a no claim discount, were told "no" then didn't load the discount. Dunno, just a theory,










But I'm biased

Forgot to mention. It's a corolla :lol:

Not high risk in the slightest, and always garaged. They just had an issue cos of the $13000 claim my sister had with them 2 years ago :lol:

But state didnt care, they were sweet with it :2thumbsup

[Fatjim]

You're all missing the big point here.

You own a GSXR, it'll be wrapped around a tree somewhere before any dirty thief has a chance to get his hands on it. Any insurance company worth their salt will know this.

I'd like to modify Uncle B's "just add petrol" joke on how to crash a gixer to "just take the disk lock off"

[KrazyGixxerBoy]

Well, that is very cheap considering you are insured by state(?)

ha ha ha - never come off a bike yet, and sure don't intend to either, so better watch your "female" comment :laugh: :whistle: some of us ride better than you blokes do:sweatdrop :yes:

Yeah, i thought it was cheap (but I wasn't about to argue!) LOL, you must've seen me ride! :whistle:

[grusomhat]

Yeah, i thought it was cheap (but I wasn't about to argue!) LOL, you must've seen me ride! :whistle:

Nah mate, you've just never seen her ride!

[vifferman]

Try reading about all the disc lock damage done to bikes on here - when dumbarses forget they have it on, and try to ride off.

There - I fixed it for you.

As for the bolting down thing, while my insurer (kiwibike) didn't specify this, there is a requirement for it to be in my gargre when it's at home, for me to qualify for the lower excess. The gargre is protected by alarm: reed switches on the doors, and a PIR on the wall so that was taken into account.

It's all about risk (or perceived risk): the insurers are in it to make a fat profit for their shareholders and can put what they like in their policies. You accept it, or go elsewhere.
After years with State, then a few with AMI, I'm much happier with Kiwibike.

[Oakie]

Hi all,

State told me that my bike had to be bolted to the floor in my locked garage when not in use!

Just wondering if anyone else has come across stupid clauses like this?

Yes, I've heard of it for exotic bikes.

[toycollector10]

I insured everything I owned with State for 40 years. Last year it took a total of 32 minutes of hanging on the phone waiting for a representative to pick up when I tried to contact them.

As an experiment I tried AMI and the call was answered in 23 seconds. End result, none of my business is with STATE any more.

[KrazyGixxerBoy]

Yes, I've heard of it for exotic bikes.

I could understand if the bike was exotic but the only thing exotic about my bike is the rider! :whistle:

[Okey Dokey]

People in High Risk areas usually have a higher premium, not extra clauses as far as I am aware.

Thanks for that- I knew someone would know!

[Grumpy Gnomb]

all i was asked was if I was in the north or south island