Insurance clause...

[Insanity_rules]

Hi all,

Just insured my bike today (as I only recently got my full licence ) 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.

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 ) 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...