Insurance fraud

[imdying]

Or do you all lock up your bike exactly how your explained to the insurance co over the phone, and dont ride recklessly when you crash (remember that whole "It wasnt my fault i failed to take that turn" thing)

The question isn't whether you use your bike outside of the insurance provisions, that is of course your right... the question is 'Is it acceptable to claim if something happens when you do so?'

I would say of course not... if you wanted to be covered in those situations, you should have brought a policy that accomodated that.

[rwh]

Yes, hanging, literally... Use the brain God gave you...

There's too many folks on here in favour for me to assume anything. I'm not voting for something I disagree with, whether it's intended as tongue in cheek or not. After all, the interpretations of those reading the results have to be taken into account as well. If you used your brain (whether God-given or (d)evolved), you could perhaps avoid over-emotionalising and distorting your poll.

Richard

[imdying]

Right... Sooo, Richard's pointless ramblings aside... If you knew of somebody who had done this, for a not so insignificant amount of money, how many would find it to be their moral obligation to alert the police or their insurance company?

[avgas]

The question isn't whether you use your bike outside of the insurance provisions, that is of course your right... the question is 'Is it acceptable to claim if something happens when you do so?'

I would say of course not... if you wanted to be covered in those situations, you should have brought a policy that accomodated that.

Really - so there is a "mad blat on SH1 weaving in an out of traffic at 140kph" policy?
Or the ever fabled "somehow the power kicked in and the wheel went up - thats how i broke the back off my bike" policy.
Next you will tell me you only do 50 in town.

[imdying]

Really - so there is a "mad blat on SH1 weaving in an out of traffic at 140kph" policy?

So you think you should be covered for that then? You're having a laugh right?

As I understand it, there is a track day policy ...

[avgas]

So you think you should be covered for that then?

Of course i'm covered for that, why else pay insurance.
However if such and event happened it would be a case of:
"I had no idea what happend, i went to pass a car then i must have hit diesel and the back spun up....next thing im in a paddock looking after my wounds"
Yes it would be a lie - but fraud is such a heavy word.
Consider it a lie for a lie, dont expect the insurance company to pay anywhere the value of the vehicle....even though they state the value it is insured for.
You mean to tell me that if you crashed at 110 on your bike, you wouldn't claim your were doing 100?

[Grahameeboy]

Really - so there is a "mad blat on SH1 weaving in an out of traffic at 140kph" policy?
Or the ever fabled "somehow the power kicked in and the wheel went up - thats how i broke the back off my bike" policy.
Next you will tell me you only do 50 in town.

Insurance covers carelessness because that is how accidents happen.

Wrecklessness is a way out for Insurance, however, onus of proof is high.

[Grahameeboy]

Of course i'm covered for that, why else pay insurance.
However if such and event happened it would be a case of:
"I had no idea what happend, i went to pass a car then i must have hit diesel and the back spun up....next thing im in a paddock looking after my wounds"
Yes it would be a lie - but fraud is such a heavy word.
Consider it a lie for a lie, dont expect the insurance company to pay anywhere the value of the vehicle....even though they state the value it is insured for.
You mean to tell me that if you crashed at 110 on your bike, you wouldn't claim your were doing 100?

To be honest most riders / drivers say they were goi ng slower, however, the salient point is whether saying you were doing 90kph when you were doing 130kph is totally relevant to what happened and if it was not you have not benefitted from lying about your speed so this is not Fraud and if you did lie then this would not invalidate your claim but would possible affect the question of liability.

I mean, most drivers will try and blame the other driver. They make the details suit them but it is not really fraud and if the truth comes out thne you just lose your NCD.

More than 50% of household claims involve some fraud......when I dealt with claims I did some investigation on a $85,000 house theft claim and the silly bugger produced a photo of jewellery, always a dodgy sign, which has the development date on the back which was after the date of the theft...he tried to make out it was US date......I confronted him.....claim not pursued.

[Usarka]

Haha it's like someone else crashing your bike at a trackday and saying you crashed it on the road. not that anyone would do that but if they did it means we end up paying higher insurance! goddammit not like it's not high anyways!

[Grahameeboy]

You may also be surprised that Insurance Companies are also guilty of fraud........ one common eg is they will often not advise that a customer has $10,000 death benefit under a Motor Policy because they say "Well it is up to the Insured to read the policy'.......

Even Insurance Brokers.....

[McJim]

Right... Sooo, Richard's pointless ramblings aside... If you knew of somebody who had done this, for a not so insignificant amount of money, how many would find it to be their moral obligation to alert the police or their insurance company?

It depends how sure I was of the facts. If I was a witness I'd prolly advise them at the time that I wasn't going to back their bulshit up if they make a fraudulent claim - then they know where they stand.

If, however, I heard from a fella who was a friend of a dog whose budgie heard something....well then I'd say I wasn't sure of my own facts and would wonder if I should contact a higher authority.

[imdying]

Ok, given that it seems most people are against it, what about the rest of the story...

Mate agrees to pay $250 (USD) if he bins the bike he is borrowing (the excess), crashes, they do the insurance thing, owner gets paid out $5300, and then the friend refuses to cough up the $250 citing that the guy has been paid out by the insurance company. What sort of friend is that??? Assuming he isn't in hard times or something to that effect, that seems pretty low :/

Given the consequences of the insurance company finding out, should this 'friend' turn snarky, I think he should just take the hit and learn the lesson. Pretty sad state of affairs and it's hard to feel sympathetic, but isn't a deal a deal?

[McJim]

Moral of the story? Don't lend your bike to that c*nt. My missus has loaned her bike out to other riders for licence tests. Each rider has been aware and agreeable to the fact that if they break it they bought it.

Thanks jrandom and Hellraiser

[Pancakes]

I think we all know the rule. As you hand the keys over/are given the keys the phrase comes as a statement and question of comfirmation.... "You know the rule". I have turned down rides and drives cos I wasn't in the position to carry thru on the terms of the rule should things turn a bit hairy. I've lent my cars and bikes and other stuff but firstly to people I really trust (as oppased to dodgy fuck's but your young and want to seem cool/can't say no too) and also keep in mind if I don't get it back (they are carjacked etc) will that be ok? If you have to have your wheels for work etc just say no!

Can't comment on the poll, I work for a finance co and work closely with the fraud team, can say that there are some really smart and motivated fraudsters out there but greed will undo them in the end.



PS, man i write like a real geek! I'm cool, I promise.

[Pancakes]

Oh, your friend's dogs friend is a cock, don't worry about the money, it is a tie to some asshole you really don't need ties too until they pay up and who's got that long? Just let them know if you see them again they'll be spending more than that at the Dr's!