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Will move soon - will insurance get more/less expensive?

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Artur
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Joined: 30 Nov 2009
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PostPosted: 10:36 - 02 Apr 2011    Post subject: Will move soon - will insurance get more/less expensive? Reply with quote

Hi all, as the title says, I'm moving soon, never moved since I have the bike (1 year and 4months).
By law I should tell my insurance which I planning to, question is, will it be more/less expensive when I tell them I moving or the price only changes when the time to renew it comes?

Thanks Thumbs Up
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jimbothe
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Joined: 29 Sep 2006
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PostPosted: 10:44 - 02 Apr 2011    Post subject: Reply with quote

Here you go...


https://www.visitcars.co.uk/car-insurance/insurance-post-code-risk.html

Thats a post code risk assessment.
You would need to tell them when you move rather than leave it as the terms of contract have been changed and in the event of a accident or theft you may find you're not covered.
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pits
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PostPosted: 12:42 - 02 Apr 2011    Post subject: Reply with quote

Pretty much as above, you need to find out if your new postcode is higher risk than your old postcode, A is good getting gradually worse as you go through alphabet.

If worse then expect admin fee and maybe an increase, and my ask for security.

If the same, expect admin fee

If better, expect admin fee, maybe a lower policy price but they wont refund you if it is under a certain amount.
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JP7
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PostPosted: 13:20 - 02 Apr 2011    Post subject: Reply with quote

1samarg wrote:
Here you go...


https://www.visitcars.co.uk/car-insurance/insurance-post-code-risk.html

Thats a post code risk assessment.
You would need to tell them when you move rather than leave it as the terms of contract have been changed and in the event of a accident or theft you may find you're not covered.

I never realised that existed, always wanted something like this! Cheers...
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Artur
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PostPosted: 18:29 - 02 Apr 2011    Post subject: Reply with quote

Thanks guys Thumbs Up

I guess it will be the same.
Hate those admin fees. We pay a lot already...

Anyways, thanks again.
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jimbothe
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PostPosted: 00:12 - 03 Apr 2011    Post subject: Reply with quote

You're welcome JP7 Thumbs Up

Artur, it's worth mentioning to them that you find the admin fees a little high.

I'm with A quote for bikes and saffron insurance for cars, both drop the admin by 50% every time I mention it seems a little steep for 10 minutes work.
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L4Isoside
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Joined: 08 Mar 2010
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PostPosted: 01:15 - 03 Apr 2011    Post subject: Reply with quote

1samarg wrote:
Here you go...


https://www.visitcars.co.uk/car-insurance/insurance-post-code-risk.html

Thats a post code risk assessment.
You would need to tell them when you move rather than leave it as the terms of contract have been changed and in the event of a accident or theft you may find you're not covered.


Cheers, I got mid way between Low and Medium Very Happy.
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