Insurance fraud

[imdying]

Saw something on the svrider forum that made me wonder...

Motorcycle insurance fraud... it happens... you lend a bike to a mate, he bins it, you tell the insurance company that you were riding... do you think that that is acceptable?

If you've told your mate before he bins, that he has to pay the excess, and then he reneges, what do you do? Obviously it's bye bye mortgage if you get caught out for insurance fraud... do you consider this bad form, or merely karma biting you in the arse?

[Romeo]

It's something I'd never do, but some people get away with it and save their licences and property. Is it my obligation to dob someone in in the same way that I'd dob someone in if I saw them steal $5,000+ from someone (say, an insurance company)? Doesn't feel the same somehow, even though in effect it's almost exactly the same.

[R6_kid:Me]

Get a better insurance policy then it doesn't matter... call dave at Kiwibike, my mate got an all riders full cover on his RS250, with track day cover too... it's costing him less than it used to aswell.

If your mate turned on you and said nah not paying after crashing your bike then he's a cock, unless the cause of the crash was yours.

Is it my obligation to dob someone in in the same way that I'd dob someone in if I saw them steal $5,000+ from someone (say, an insurance company)? Doesn't feel the same somehow, even though in effect it's almost exactly the same.

Some insurance companies have been screwing people over for years... why not get them back? Probably because insurance fraud is the reason they are so skeptical about claims

[Mom]

Insurance fraudsters should be tarred and feathered!

The thought of "yay I can make some money here" obviously does not compute in their heads to more expensive premiums and innocent claims being investigated causing more stress for the claimant!

Wear it if your mate bins and your policy does not cover. Get a policy that does cover it, not rocket science really. If the agreement is your mate pays the excess should shit hit the fan and he/she does not pay, then they were not your mate anyway.

[McJim]

At the end of the day it's the poor honest sods that foot the bill. the reason our premiums are so high is to cover the cost of paying fraudulent claims. Best thing to do at an incident is get the cops along to rubber stamp what happened that way the facts are set in stone.

Fraudulent claims probably make up about 30% of my monthly premiums so I hate the c*nts with a vengeance.

[yod]

if your mate aint covered, dont let him ride it....

[ManDownUnder]

Check the size of the fraud squads in NZ...

The Police have (I think) 10 staff nationwide while the Insurance companies have 150+! Farud is costing me the addional bit that is ripped off the companies ($$$ wise) as well as the salaries of those tasked with catching them.

And that's a LOT of staff.

Na mate - it's nuts. I can see the temptation, but liken it to companies avoiding paying tax. They more they do it, the more my PAYE needs to get bumped up.

It's clever to get away with it sure... but at my incremental expense?

[miSTa]

Shoot the pricks, it's costing me money

[jrandom]

I fucking hate people who defraud insurance companies.

I read somewhere that 25% of motorcycle theft claims are fraudulent. That's my premium payments those motherfuckers are getting.

Hang 'em high.

[janno]

You need to swap your yes and no on the poll to get it to make sense.

Agreed with all the above. Ripping off the companies just makes it all the more expensive for everyone. It's no different from nicking money from a stranger. Except the stranger is all the rest of us, including the person who's fiddling the books.

[Toaster]

The more people rip off the system, the more the rest of us have to pay in premiums to pay for thier dishonesty. Same goes for tax-dodgers and benefit fraudsters.

The lot should be shot and their families made to pay for the bullet.

[imdying]

You need to swap your yes and no on the poll to get it to make sense.

You are so right, my apologies. I'll leave it be though.

Personally, I wouldn't let anyone else ride my bikes, and also why it's a pretty rare event for me to ride someone elses.

[rwh]

Another silly poll that's unworkable due to the stupid options.

Fraud is bad. If you want to be able to lend your bike, get insurance that covers it.

But hanging?

Richard

[avgas]

I'm not going to vote on this as i see it in a different light.
If you cover your arse by saying it was you on your bike, insurance co replace ya bike, you are no better or worse than before.
To me fraud is when you insure something, then need the money back - so you go outside and burn or "steal" it.
Am I the only one who thinks this?
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)

[imdying]

But hanging?

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