An Idea. Would like some feedback - Extremely Serious, not about me!

**Terminated** · 8th October 2006, 21:25

Originally Posted by mafu1

so if everyone were to chip in say 50c a week

I hear where you're coming from, but the common link would be the licence of the motorcycle, would we all be prepared to pay a little extra on top of our annual fee, and if so would a corporate be prepared to pick up and run with it from an underwriting point of view, accident insurance on top of ACC?

There may be a thread in there somewhere if a corporate was prepared to come onboard at KB.

Heads Up and Enjoy

**Pathos** · 8th October 2006, 22:09

Originally Posted by Seraph

In short...no, insurance doesn't pay out for any incidents caused directly by any illegal action of the rider. time to read your policy perhaps?

I wasn't talking about commercial insurance, I was directing these questions toward mafu1's plan.

In the end what he is suggesting is insurance except instead of paying a premium to the ins co's we have to bear the risk that someone could walk off with it.

better idea to go with the insurance co's imo.

**Ixion** · 8th October 2006, 22:20

Its called a Friendly society. Used to be common. Some of the bike clubs in the UK pre WW2 had such schemes. And bicycle clubs in the late 19th century, it was common . Also some magazines ran similar schemes for the readership pre WW2. Not common now, there are other ways of doing things.