Before I do something stupid with my insurance....

[Jayy]

My policy on my KTM is still active and paid up until 7th September. It's TPF&T and I earn my 3rd years NCB when it ends.

Now I have the ZX10R, I need a fully comp policy. I rang my insurers (Adrian Fucks) and they want £2000 FC on it. They said I can add the ZX on TPF&T for an additional £140 until 7th September.

Well I'm not paying £2000 and I don't want to ride the ZX on TPF&T incase I bin it.

MCE have quoted me £860 FC with the mods and extras declared. I've tried ringing Adrian Flux and asking them for an early 3rd years NCB but they point blank refused, as did the woman's manager. I asked the same thing of MCE and they also refused.

You can only use NCB on one policy at a time so the only way around all this is to cancel my Adrian Flux policy and lose my 3rd years NCB and take a new one out with MCE with 2 years NCB at £860 FC. The excess is £500 with MCE as well.

If I do that though, I will have to pay Adrian Flux's cancellation fee, which I'm not sure what that is.

I can't see any other way of doing it?

[Willson]

However painful it might seem, I'd be tempted to wait until the 7th.

It would be either that, or cancel that policy and lose that 1 year's NCB.

Depends which one's going to be best for you.

Willson
____________________
Benson: Wouldn't life be easier if we were all turtles?
Me: Pig on bread = The way forward.
Riding: '00 Suzuki SV650S. Previous: '99 Kawasaki ER5 - sold, '02 Suzuki GZ125 Marauder - sold

[P.]

Sounds silly... but dont bin it?!

It's not like you will chuck it down the road straight away

[yuri2085]

ez game.

TPF+T until it runs out and then waste some money on fully comp.

[Jayy]

I can't wait until 7th September, I need it for every day use. I don't have a car license, just a bike.

I know I probably won't bin it but look what happened on the 636 which has cost £150 to repair the nose cone so far! I don't want to have an accident and wreck it and have to pay out. I know it warrants a crash that has more damage than the excess but at least it's there if I needed it.

Listen to this as well... MCE quoted me £860 FC with 2 years NCB and an SP30 with a 28 day ban declared. Know what happens when I change the quote to not declare the ban? Absolutely nothing, it's still £860?

I did one with 3 years NCB and it was £725. It's not exactly a huge saving is it?

[P.]

My NCB seems to do nothing.

I did a false quote stating I was 3 years older, gave myself 5 years no claims... Quotes changed by about £60-£80..

[TUG]

[Jayy]

Mind boggling that the price from a CG125 to a VTR 1000 is only £50! Fucking rip offs.

[swiftb]

was in a similar predicament last year - only tpf&t on my zx6r as wasnt worth going fully comp - changed to my k7 - had about 2 month on the policy so just changed over the policy to the k7 tpf&t and took it easy (well 'easier' ) then changed over to fully comp once id collected my extra yrs no claims.
Id say just do that and to be honest it might stop you from riding like a c@ck initially until you get to know the bike - its only a month or so. I managed it for 2month - it makes sense in the long run, dont throw away a yrs no claims, i did that with a car once and it used to piss me off that i always had a years no claims less than i should have!

[ms51ves3]

[Teflon-Mike]

[theopj]

I think you mean Ebike teflon, but yea I'd look into getting a month or two's PAYG policy off them if you really need the FC - and just let the KTM one run till it lapses. Or just be careful on TPFT. You say about the nose cone on the 636, but I'd doubt you'd be claiming on a FC policy with that anyhow if the excess is £500.

Also wouldn't touch MCE with a barge pole unless they are the only option.
____________________
Suzuki Bandit SA 1250 & Honda CB750F2T

[Paulington]

Just add it to the existing policy. You are just as likely to crash it no matter what policy you own and if you're so worried about binning the bike why on Earth did you buy a bike that's so expensive if you bin it? What's the point in buying a bike like that if all you do is worry about the money you'll have to spend if you bin it? Get some confidence in your riding! !

You have a couple options, you just have to pick the best one:

1) Don't insure it, have no way to get to work apart from public transport. Bike is UNSAFE if it gets stolen, no insurance.

2) Insure it elsewhere, be able to get around but lose your 1 year NCB. Bike is safe if you bin it but your NCD isn't.

3) Add it to the policy, be able to get around but your bike isn't safe but you definitely get another year of NCD.

If I were you, I'd just add it to the policy and use it, at least then you get the discount from an extra year NCD in September AND it's insured for theft whilst you're waiting to insure it FC. If you're that worried about dropping it then ride it with a lot more caution whilst it's not insured FC.

No point wasting a year of no-claims bonus and the discount associated with it that you will get because you might drop your bike.

HTH! !
____________________
"Four wheels move the body, two wheels move the soul."
Current Vehicles: '89 Kawasaki KDX200, '99 Yamaha XV535, '00 Honda ST1100 Pan-European, '08 Suzuki GSX-R1000, '08 Mitsubishi Lancer GS4 2.0 TDCi, '15 BMW 1 Series 116d Sport Turbo.
CBT: 27/08/08. Theory: 04/09/09. Module 1: 16/09/09. Module 2: 01/10/09.

[Jayy]

I'm not scared I might bin it, I'm concerned that if I do and cause a fuck load of damage, I will be out of pocket on a TPF&T policy. I've been riding for 10 years and crashed a scooter at 16 (woman pulled out on me) and that chink the other month who pulled out on me. 2 accidents, 10 years apart, I have no issues with the bike and have been riding in a 'spirited' fashion for the past 5 days.

It's easy to say, "take it easy" but you can't factor in cunts pulling out on you from nowhere. I lost about £1500 on my KTM, not losing out on this all for sake of 1 years NCB which seems to only make £100 difference anyway.

Just wanted to see if there was any other little loop holes that might be able to do it another way.

@Paulington... option 1 isn't an option anymore with that new insurance thing where you have to have it insured if it's not SORN'd.

[Jayy]

There's also an £800 excess on the TPF&T price they gave me to add on to the KTM policy.

So, if I have a semi/serious accident between now and Sept 7th, it will have cost me £140 to add the bike on and £800 excess.

[Chalky.]

What's the difference between the insurance FC in Sept with 2YNC and 3YNC?

If that difference is more than the cost of changing to FC on the new bike until sept, keep it. If it's not, change policy.

[P.]

[Jayy]

[0l0dom0l0]

could just start a new policy, leave the other one running so you get another years no claims so when you come to renew next year you have an extra 2 years no claims?
____________________
CBT Passed: 30/08/2009, Theory Passed: 31/08/2010, Mod 1 Passed: 6/9/2010, Mod 2 Passed: 13/09/2010. Restriction ended 13/09/2012.

Bikes: 2007 Derbi GPR 50, 1998 Yamaha Fazer 600 (written off), 2002 Yamaha Fazer 600, 1994 CBR 600F, 2003 Triumph Daytona 600, Kawasaki ZX6R J1.....Current: 2006 Yamaha FZ6, 1998 Suzuki TL1000R and a Honda VFR 400 NC30.

[Jayy]

I've tried a quote with 0 NCB and it aint pretty!

[TUG]

VTRs are cheap to insure granted, but when i tried to insure a CBR600 before getting it i was hitting £600 for one or there about to insure, it's all bollocks and fucking annoying.

Recoil let me in on bikes have to be insured if not sorn too or some shit, if thats real, i'm looking at life in jail.
____________________
Haz ER-5, innit!

[Chalky.]

[Jayy]

They rang me before, Adrian Fucks, asked me could I give them some feedback as to why I was cancelling my policy. Told them everything I have mentioned in this topic and they said they would waive the cancellation fee due to the situation. So at least I don't have to pay that as well.

The lady also asked me should she give me a call back next year for a competative quote? I told her I would never use them again or recommend them to anyone.

Considering I got the ban in August 2010, it's not coming off for about 5 years is it? Also, considering my insurance is only £100 cheaper with 3 years NCB, it's not even worth it anyway.