My insurance company is looking for a loop hole.....Advice please!.

**scumdog** · 11th April 2006, 09:22

Originally Posted by beyond

Yeah, then you can get one of those wicker baskets on the handlebars for when you do your shopping.

And a pair of those flashy tassle things that fit into the end of the handle-bars!

**Fishy** · 11th April 2006, 09:24

If I had handle bar ends......

I don't have a front fairing anymore so yeah a basket will fit nicely on the front of my wreck.

**inlinefour** · 11th April 2006, 09:34

bugger about the bike mate, must bite. Dunno if you remember but in Feb I had a Yammaha TT350 stolen at work. Took the insurance company along time to sort out and a couple of things happened that made me wonder if they was stalling. I kept my mouth shut and waited. After much longer that initially expected they paid out. Good thing I could afford another bike sooner than they paid out. If it was my only vehicle, I would have been walking for quite some time. As for the tickets you forgot, you disclosed what you could remember in good faith, can't see a problem myself. The insurance company will stall, ask for more info and then eventually pay. Just don't hold your breath...

**Fishy** · 11th April 2006, 09:47

Cheers IL4, yeah I do remember you saying your bike got nicked. Yeah I'm just waiting at the moment....I just hope it turns out ok. Should be fine once I get confirmation from the police that I haven't withheld any information from them, just the couple of camera fines I forgot about.

**Swoop** · 11th April 2006, 12:12

Originally Posted by Suzi Q

Always check the sum insured - make sure it reflects the current value of your bike.

I am always intrigued when the insurance renewal arrives and the "agreed amount" has changed...
When did I agree to this lowering amount? I have pointed this out to them several times...

**Sniper** · 11th April 2006, 12:46

As have I swoop. My insurance company asked me what I paid for the bike (This was the CBR at the time) and I told them. Every renewal afterwards my bike value changed according to them. Bastards

**HenryDorsetCase** · 11th April 2006, 14:32

Originally Posted by Bandit Rider

That is not the law now.

The insurance Ombudsman is not likely to have much sympathy with an insurer who attempts to decline on the basis of a couple of minor speed camera fines have been omitted from a basically correct list. Frankly, I think the insurance company would be regarded as seriously delinquent. On the other hand if an an insured did not bother to mention a major insurance claim, they can expect no sympthy either.

Thanks for that. Appreciated. :

**Squeak the Rat** · 11th April 2006, 14:52

Originally Posted by Swoop

I am always intrigued when the insurance renewal arrives and the "agreed amount" has changed...
When did I agree to this lowering amount? I have pointed this out to them several times...

It's a contractual agreement - you agree by paying the money. Of course most people just go along with the amount tabled - path of least resistance and all that.

**Pixie** · 11th April 2006, 14:53

Originally Posted by Ixion

First on the list for nationalisation.

ACC beat you to it

**Ixion** · 11th April 2006, 15:20

They're on the list too.

**Mattyc** · 11th April 2006, 16:05

insurance companies belong at the bottom of the ocean along with speed cameras and brian tamaki.

fuck i have been ripped hard by thise fucks before, i reckon walk in there, climb up onto the counter and do a big steaming crap

**Thunder** · 11th April 2006, 18:50

Originally Posted by kickingzebra

So suzi, you do insurance for under 25 year old, riders with suspension of license, bucketloads of speed camera tickets, failure to pay RUC tickets and all at mates rates?? (less than a grand a year would be good

)

Don't be ridiculous

**kickingzebra** · 11th April 2006, 18:52

This site is all about being ridiculous!!

**Suzi Q** · 11th April 2006, 18:58

Originally Posted by Sniper

As have I swoop. My insurance company asked me what I paid for the bike (This was the CBR at the time) and I told them. Every renewal afterwards my bike value changed according to them. Bastards

What happens is that you tell them what you paid for it - that is the starting figure, then every year there is depreciation - not sure what - may be just a certain percentage. No one actually looks at the policy and thinks "maybe that sum insured is too high let's lower it" it is an across the board thing. if you don't agree with the figure when you get your renewal notice you can ask to get it changed but you have to prove the value - ring the insurance company and ask them what they need to get the sum insured right. it is up to you to do this as you know the bike, not the pencil pushers in their comfy little offices!!!

**Suzi Q** · 11th April 2006, 19:01

Originally Posted by Mattyc

insurance companies belong at the bottom of the ocean along with speed cameras and brian tamaki.

fuck i have been ripped hard by thise fucks before, i reckon walk in there, climb up onto the counter and do a big steaming crap

Do you get respect and courtesey when you behave like that? Do you treat others as you would like to be treated?