Fear not the 5-0 but the insurer

[Speedracer]

Simple - if I crash, it's my fault. My ego and my conscience can live with forking out $10k to replace a bike. I'm not so keen on replacing a stolen bike. I also know that by writing off my bike, I can choose not to replace it if I can't afford to. I don't think Mr Richandinsuredman will be willing to wait 20 years while I scrape up $400,000 to replace his Porsche. It's all about how much risk I'm prepared to accept myself.

Thats what pisses me off. You need 3rd party. If some retard in a porsche crashes into me and I have no insurance, I'll probably lose the case and have to pay out. I'll take the risk on first party, except theft is a little harder to control.

written off a $8000 audi, a $6000 motorbike, a $65,000 volvo
Nah im a shit driver but im keen, I crashed the audi when I was trying to get it sideways on the gravel and I crashed the volvo when I was going just a bit to fast for a corner. As for the bike that wasnt really my fault. I am a good rider just not that great behind a steering wheel.

[crshbndct]

Nah im a shit driver but im keen

but keen

or green

[texmo]

but keen

or green

huh???????

[TygerTung]

National auto club will insure anyone.

Try them or tasman pacific.

[Zed]

...I got a $1500 excess and a nice clause saying if I got another ticket then I would no longer be covered. I figure if I'm at fault then I don't mind coughing up $1,500. And when we insured the 2nd car with them a few months later, the terms were continued. And when I insured the bike, the terms were carried over too. All fine by me....

So today when I rang my insurer to cover our third car, I was a good boy and when asked disclosed my ticket two months ago. I'm sorry, sir, we cannot cover you anymore. You now have no cover as a driver of any of the cars or the bike.

O well, I'd be gutted too, but you can't say they didn't warn ya. I tend to think it sucks what they did to you by cancelling your other existing policies that weren't in question, I hope they refund the balance of any premiums you've recently paid, it would *pay* to ask them!

My licence history is exactly rosey either, I was refused repeat insurance with AMI after I wrote of my 600 two years ago, and that was when I had a car, house, and home contents insurance with them. I tried using the other policies as leverage but they wouldn't budge, but at least they didn't cancel all my policies!

[avgas]

How did texmo right off a ovlov?

[Lou Girardin]

Rather than tickets, what's you're accident history like?
It sounds like it's time for a chat with the insurance ombudsman.

[madboy]

I don't believe the ISO covers underwriting decisions. I work in insurance, albeit not general, so I have a fair idea of how the game works. I'm trying to see if I can swing some staff cover before I drop down to the 2nd tier insurers. Their policies are, in my opinion, rubbish. Ironically if the staff cover comes through, I'll be covered by the parent company of the insurer who canned my cover. I will delight in letting them know that.

To clarify, the cars + bike are still insured, just not for me to drive.

Edit: And accidents, Lou? Officially two in the last ten years, neither my fault.

[pritch]

The more I read about insurance companies, I more confirmed I am in my opinion that it's not worth having.

Back in my BMW days many of the guys I knew didn't have insurance, (cash buyers obviously). They were sufficiently sure they weren't going to crash, or that if they did, the savings on the premiums they hadn't paid over the years would cover the cost.

Of course now that the originator of this thread has been refused insurance that makes the situation even more complicated for him in future.

[vtec]

Yeah, I don't insure (except for 3rd party), and in 8 years of driving, and 4 years of riding, I've never damaged a car, I've dropped my bike a few times, but always minor fairing damage that I can live with. However I did lose a $20,000 car to thieves. It was two years ago, and I'm still poor because of it. Makes me want to go thief hunting.

[Oscar]

First ticket I've had in probably 3 years (or more). A piddly little $150 fine for lanesplitting. Something many of us do, particularly the regular commuters. Now look at the consequences. What have I learned from this? Ironically I bear no malice against the police for this, but sadly they and the general public will also wear the consequences too, for the likelihood of me getting any more piddly little tickets is now all but zero.

I share this for those who choose to read it. If you don't like my opinion, just remember no one forced you to read it.

I'd be shopping around.
If you've had no claims, are of a reasonable age (25+), then three years with one ticket is reasonable record (providing the previous tickets weren't really horrendous ones like DIC or Dangerous Driving).

[Oscar]

It's a sad day when Insurance companies control your life - the lowest scum on earth telling you what to do...and you jump.

Note to self: Scratch Motu off Xmas card list...