Insure your vehicles.

[Big Dave]

what inspired this gem o' wisdom?

not that I don't agree, I just need backstory or I feel............. unfulfilled.

post #4


for 10

[KiwiKat]

Be interested to know if there are any policies out there that insure the rider/driver no matter what he rides/drives 3rd party ?

My son used to be insured with National Auto Club. Huge premiums but I'm pretty sure he was covered for anything he drove and 3rd party. I haven't heard the same for any bike insurance though.

It's hard to convince the young ones to have insurance when the cost is so huge and their wages so low. Insurance companies can pursue a claim and repayment option through the courts, forever.

[The Pastor]

Not if it happens fifteen months down the track I'm not.....

yeah bro, consumer granatees act covers you aye - the exception would be on 2nd hand bikes, you have to find out what that bikes lifetime expectancy is eg whiteware is 10 years, i'd assume cars and bikes would have a km rather than years, or both.

[sinfull]

Insurance companies can pursue a claim and repayment option through the courts, forever.

Tell me about it ! got chased for eons by an insurance company !
Offered to fix the damage myself (was in the trade at the time) but they went with their own repair company which cost 4 times what i could get it done for, so slipped them the bird and said blood out of a stone ppl !

Pain in the arse not being able to get like a liability insurance for myself as i might drive/ride ten different vehicles in a month at times !
Just found (through ltsa site) out the Mrs IS elligable to sit her full now (with sitting a defensive course) She got told the other day it aint till december

Woooohooooo bike shopping time !!!! Anyone wanna buy an 03 S3

[Oscar]

Be interested to know if there are any policies out there that insure the rider/driver no matter what he rides/drives 3rd party ?

Most car policies will insure you for third party damage caused whilst driving any other vehicle that is not otherwise insured.

I'm trying to lay my hands on a motorcycle wording to see if it's the same...

[Oscar]

Most car policies will insure you for third party damage caused whilst driving any other vehicle that is not otherwise insured.

I'm trying to lay my hands on a motorcycle wording to see if it's the same...

I found two that did cover it and two that didn't mention it.
The wording:

...for your legal liability for claims made on you for property damage as a result of accidents...any vehicle not owned by you that you are using with the owner’s permission.

Moral - read your policy...

[PirateJafa]

Insure your vehicles.

I dunno, there's something well messed up with this world when you get a quote of $713 for a '78 RD250, which is over $300 higher than the premium for a VFR400 valued 50% higher.

Oh no, that's just insurance for ya. :slap:

[Oscar]

May I also add my usual rant here about discussions that go along the lines of:


good (i.e. cheap) premium = good insurance


Your cheap premium is gonna look pretty sick when you find you're dealing with a claims dept. full of complete bastards...

[Owl]

My son used to be insured with National Auto Club. Huge premiums but I'm pretty sure he was covered for anything he drove and 3rd party. I haven't heard the same for any bike insurance though.

My bike's insured with NAC and I'm covered to ride any bike. I got a deal through my broker (also my Mrs) so premiums aren't bad at a little under $570. Bike is currently insured for $17,000.

[Genestho]

IM insured, everything.. life,health, contents and car/bike

Good on you, its expensive, but mate its so worth it when the unexpected happens

[Big Dave]

.

Oh no, that's just insurance for ya. :slap:

That's actually 2-strokes and statistics for you.

Insuring my older bikes themselves isn't so imperative to me - it's mainly sentimental value anyway - the potential Porche/person/property they can damage is well worth extra insuring for.

[Morcs]

Cant get full cover, so gone third party on the motard (more likely to put the front wheel through a rear windscreen than on the thou)

The cage is different though, I only occasionally use it, and I have a learners. the missus has learnt to drive in it, but still only has a learners - she wants to get her restricted, but wants to practice in the meantime - uninsured. - as you cant have all drivers of a vehicle as learners... makes me cringe thinking of her hitting another car (being an asian female and all)

[slofox]

I actually allowed myself to be talked into taking out an accident cover today - aided by Warr's accident on Saturday......the dude chose a good time to come in.
Since I am self-employed it makes sense to have enough cover to hire someone should the unthinkable happen.....let's hope I am not inviting the dragon to strike by taking out the cover......

[NOMIS]

Good on you, its expensive, but mate its so worth it when the unexpected happens

oh yes and the unexpected has happend to me lol

[Silage]

I insured my new ride 3rd party last week - one year cover ($100 excess) cost $24.60 TWENTY FOUR DOLLARS SIXTY CENTS - like 3 big Macs or one fill up (or in the case of the DRZ 2 fills up).

I guess my years and clean record helped keep the price down - but it would be dumb not to have 3rd party at this price. Ins co is AMI.