Help needed on insurance query

[k14]

I have lost my licence 5-6 times

Now why doesn't that surprise me. Though you always get away? How can you loose your licence when they can't catch you??

[Redstar]

umm? most insurance company's are interested in the last five years so thats a guide.

Be careful of a telephone quotes as its recorded and you tend to be honest on the phone? some offences like camera tickets are subject to privacy so it you bend the truth the insurance company can't prove you bent the truth but major offence like licence anullment they may have contacts through divercheck to reveal your past so perhaps honesty is the better policy?
there are all sorts of reasons why they will avoid paying out and when you claim all factors are considered. for example let say you live in sweet little Timaru? and you move to not so sweet Otara and don't tell the insurance now perhaps you have evaded a risk loading by not advising your insurance of a locational risk change. Say you say the bike is Garaged and then you flat where there is no security again you have failed to advise the insurance company of a risk change. I suggest you line up all the potential insurers like Protecta Swan, Kiwi and AMI for example pick the one most unlikely and be honest see what they say. then approach the mainstream with a modified version of the truth and see if that gives a better outcome.
The problem with demerits is that your car offences effect your bike insurance thats hardly fair as I only get caught in cars.
I was honest (truly with Protecta but they still came through) but I do know of another company who will cover anyone (at a price) and if you want thier details come back to me and I'll put you in touch

[madboy]

I can tell you an awful lot about insurance, both from working in that area and also from having a lengthy traffic history myself. Best policy is honesty, cos we really are sneaky bastards. Just cos your mate or his mate or whatever might have got away with pulling the wool on a claim or lying when you insured it doesn't mean you will when your $20k bike is 60kg lighter after meeting an uninsured car that didn't give way. Your broken leg would be the last of your worries when the insurance company told you to take a jump.

The one mainstream insurer I had a go with over insuring me explained their system, and it was based on points. Each offence was worth a certain amount of points, depending on speed/offence type and when it took place. 5 yrs was the cutoff. Can't remember the details, I got a recommendation from a colleague who knew someone so I managed to get a mainstream insurer to insure me, but big excess. Going by the normal points system I think I would've been eligible for insurance in about 2008.

But I implore you - be honest with them, pay the price and if you don't claim rest assured the premium should go down. Now be good, and don't get caught speeding!!!

[**R1**]

Now why doesn't that surprise me. Though you always get away? How can you loose your licence when they can't catch you??

This was all years ago when i had slower bikes and would have never even thought of doing the runner...but then i got sick of having no licence.

[**R1**]

You can't see my point? OK.

Let's say I give you a million dollars as a slush fund, and tell you to go start an insurance company selling policies to motorcycle riders. If you don't show a profit every year, I'll put a hot poker up your arse without Vaseline.

Spend a week thinking about how you'd solve that commercial problem. Perhaps understanding will dawn, and you'll stop saying things like "they are C$nts like that".



In terms of risk analysis, *you* are.

Na i get ya point....but to me the only thing an insurance company should be concerned about is how much someone claims...whats worse (for the insurance company) the young biker that has speed a lil, or the old lady that backs in2 parked cars every other week and claims? i know who i would make more money out of, as for where the money comes from...we pay them, i think i said earlier i have a bad riding record as far as tickets and loss of licence, but have never had to claim on my insurance, so i pay them $1000 a year just in case i crash...i guess they just piss me off...i dont get how i can get insurance no probs just coz im over 25, when someone with a clean record whos 23 cant..

and why am i a twat??? coz i ride good??? how am i a risk? in 15 years of riding i have never had to make a claim...how duz that make me a risk?

as for calling them cunts thats just my opinion...and thats only based on how other people have been treated by them.

[jrandom]

Na i get ya point....but to me the only thing an insurance company should be concerned about is how much someone claims...

Also about their likely risk of claiming. A good insurance history would, of course, mitigate the risk associated with having lots of traffic convictions.

and why am i a twat???

In terms of risk analysis, because you've lost your licence several times. You're less of a twat if you have a good insurance history and are older than 25, more if you happen to ride a bike that has a high statistical likelihood of being involved in crashes... etc.

thats only based on how other people have been treated by them.

Did the insurance company fail to honour its contract with these people? What, exactly, were they complaining about? Incompetent call-center staff? They should try American Express...

[madboy]

Aaron - I agree with you in some respects, there are some riders out there who do speed and have the skills and luck not to crash. Unfortunately there are others out there who don't.

Sad fact is, the risk assessment process in placing a motor vehicle insurance risk is not particularly detailed. And how do you accurately assess someone's skill level? It's a bit like going for a job interview and saying how bloody marvellous you are even though you worked at McDs for the last 12 years, vs the guy who's just graduated from his masters degree and says he's "okay". The subjective "I'm good" vs "I'm okay" are ignored, the qualifications and experience that can be quantified are used.

The granny (yeah - I hate them too) who backs into a couple of parked cars every second month probably causes a grand or two's damage each year. And rest assured her premiums will be ramping up to offset that. But if in the eye's of the insurer you are into high speed, you imagine how much damage you're gonna do if you drop it once every 5 years? That's $15k for the bike, plus whatever you hit. One claim could pay for 15 grannies.

Dollars and cents prevail. I don't agree with them, but it makes economic sense to them to do it that way.

[**R1**]

Aaron - I agree with you in some respects, there are some riders out there who do speed and have the skills and luck not to crash. Unfortunately there are others out there who don't.

Sad fact is, the risk assessment process in placing a motor vehicle insurance risk is not particularly detailed. And how do you accurately assess someone's skill level? It's a bit like going for a job interview and saying how bloody marvellous you are even though you worked at McDs for the last 12 years, vs the guy who's just graduated from his masters degree and says he's "okay". The subjective "I'm good" vs "I'm okay" are ignored, the qualifications and experience that can be quantified are used.

The granny (yeah - I hate them too) who backs into a couple of parked cars every second month probably causes a grand or two's damage each year. And rest assured her premiums will be ramping up to offset that. But if in the eye's of the insurer you are into high speed, you imagine how much damage you're gonna do if you drop it once every 5 years? That's $15k for the bike, plus whatever you hit. One claim could pay for 15 grannies.

Dollars and cents prevail. I don't agree with them, but it makes economic sense to them to do it that way.

That makes sense i guess, i know my record is my fault but man it burns me that people i know cant ride for shite but have no probs getting insurance, and others i know never claim and despite the fact they like to speed now and then have headaches getting insurance.....thats life i guess.......one of those loose loose situations....perhaps i should smash the bike up from time to time...at least i would get my moneys worth

[Biff]

twat ( P ) n.
Vulgar Slang. The vulva.
Offensive & Vulgar Slang. A woman or girl.


twat

n 1: a man who is a stupid incompetent fool [syn: fathead, goof, goofball, bozo, jackass, goose, cuckoo, zany] 2: obscene terms for female genitals [syn: cunt, puss, pussy, slit, snatch]

--------------------------------------------------------------------------------
[Origin unknown.]

[Download or Buy Now]
Source: The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2000 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.

Source: WordNet ® 2.0, © 2003 Princeton University




I'm not saying you are one Aaron, as I know you I think you're a good guy who simply has a death wish. But I was keen to see what www.dictionary.com made of it.

Incidently, I always thought a twat was a pregnant fish?

[**R1**]

twat ( P ) n.
Vulgar Slang. The vulva.
Offensive & Vulgar Slang. A woman or girl.


twat

n 1: a man who is a stupid incompetent fool [syn: fathead, goof, goofball, bozo, jackass, goose, cuckoo, zany] 2: obscene terms for female genitals [syn: cunt, puss, pussy, slit, snatch]

--------------------------------------------------------------------------------
[Origin unknown.]

[Download or Buy Now]
Source: The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2000 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.

Source: WordNet ® 2.0, © 2003 Princeton University




I'm not saying you are one Aaron, as I know you I think you're a good guy who simply has a death wish. But I was keen to see what www.dictionary.com made of it.

Incidently, I always thought a twat was a pregnant fish?

see nufin in there about being an insurance risk

Jackass now thats some funny stuff, they are a bit tame tho.

Na dont have a death wish cant live forever tho.

[Timetogo]

Pretty sure 5 years is the cut off date having just been asked that by AMI, who incidentally are going to charge me nearly $1000 less than the first company I asked

As for R1AaronKDX’s opinion I tend to agree, they're there to make as much money as they can, not be socially responsible, just like banks, lawyers etc.

[Devil]

Pretty sure 5 years is the cut off date having just been asked that by AMI, who incidentally are going to charge me nearly $1000 less than the first company I asked

As for R1AaronKDX’s opinion I tend to agree, they're there to make as much money as they can, not be socially responsible, just like banks, lawyers etc.

Did they ask if you had accidents and speeding fines in the last 5 years, then ask seperately if you've EVER had your licence taken away? From my experience with organising insurance (and thats a lot!) thats the normal routine. Claims and speeding fines in the last 3 or 5 years, but any disqualifications fell under the 'ever' category. May have differed for AMI though (who incidentally wont insure me for a car because im under 25).

[Redstar]

[QUOTE=Biff Baff]twat ( P ) n.
Vulgar Slang. The vulva.
Offensive & Vulgar Slang. A woman or girl.


I like the Miriam Websters dictionary on line it has a sound word function so I set it up for words like Bastard or the like and sound off at work, as persons pass my desk.

got to have somthing to breakup the day. Give it a go sometime

[Timetogo]

Did they ask if you had accidents and speeding fines in the last 5 years, then ask seperately if you've EVER had your licence taken away? From my experience with organising insurance (and thats a lot!) thats the normal routine. Claims and speeding fines in the last 3 or 5 years, but any disqualifications fell under the 'ever' category. May have differed for AMI though (who incidentally wont insure me for a car because im under 25).

Didn't ask about loss of license, just speeding fines in the last 5 years. Though i have lost my license a few times, incidentally the last time being just over 5 years ago :-) Shortly after the loss of license i got a speeding ticket for 111 k's usual story, me and the cop (who was coming the other way) were the only cars on the road, a long straight, perfect clear day and mid-morning, fuckers