Stolen bike:report to insurance(third party only) & DVLA

spanish_biker79 · Two Stroke Sniffer Joined: 30 Aug 2004 Karma :

Hey guys,

My bike was stolen just a couple of hours ago in North London. I've just reported it to the police and wondering now if I should report it to the insurance (third party only) straight away or wait a few days/weeks to see if it gets recovered?

What about the DVLA? Should I contact them tomorrow quickly?

So annoying when these thieves go around just taking whatever they can...arhghghghhg Sad

Any advice much appreciated!! Thanks...

minesweeper · Whoah there! Joined: 03 Feb 2002 Karma :

Dont wait a few days contact them first thing in the morning mate.
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spanish_biker79 · Two Stroke Sniffer Joined: 30 Aug 2004 Karma :

Thanks mate, I will do and ask them if I need to call the DVLA as well...

So annoying to go back to commuting in public transport in London! Sad

truslack · World Chat Champion Joined: 08 Apr 2007 Karma :

Why would you report it to your insurance company if you're TPO? Or the DVLA for that matter.
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TheSmiler · World Chat Champion Joined: 14 Apr 2011 Karma :

To be honest I would get a picture posted up here straight away with another form of contact details... post that in the location settings and in this thread. Just encase anyone sees it on a ride out later.
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spanish_biker79 · Two Stroke Sniffer Joined: 30 Aug 2004 Karma :

spanish_biker79 · Two Stroke Sniffer Joined: 30 Aug 2004 Karma :

Rogerborg · nimbA Joined: 26 Oct 2010 Karma :

Aw, gutted for you. Maybe they stole it because they had a bit of style and taste, the worthless scum.

Sadly I don't think there's a particularly good answer, but after a brief search for the bike, I'd call or email the insurer, instruct them to cancel the policy, and decline any invitation to tell them why.

This is because if it gets stacked and the policy hasn't been cancelled, there's a chance that they may be obliged to pay out to third parties and they may then be able to recover their losses from you if you've left them unreasonably exposed to risk. I stress may because it's not certain, but it's a fairly big risk to take.

T.C. would likely be able to give a more definitive answer, I'd suggest P.M.ing him. Since it's such a sadly common occurrence it might be a good one for a sticky.
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Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike

spanish_biker79 · Two Stroke Sniffer Joined: 30 Aug 2004 Karma :

calyx · World Chat Champion Joined: 11 Dec 2008 Karma :

Very distinctive bike mate.
Whereabouts North London is it nicked from? I know some kebab guys in wood green area who can help.
I'll be all around north london today. I hope I spot your bike Laughing

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Boris - London

spanish_biker79 · Two Stroke Sniffer Joined: 30 Aug 2004 Karma :

Around that area!, I walked around Golders Green last night, just in case they took it just to cause some inconvenience, but nothing Sad

Many thanks!!!!

I'm not expecting it to be recovered, I think they'll use it for parts! so now I'm more worried about reporting it to the insurance (with premiums going up, etc, even though I won't make a claim) or not :S

hmmmnz · Super Spammer Joined: 22 Aug 2006 Karma :

that'll be in eastern europe by now,
no way you are getting that back,
sorry to here about your loss

tpo ???? why?
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Nai · World Chat Champion Joined: 18 Apr 2010 Karma :

headlamp · World Chat Champion Joined: 26 Nov 2003 Karma :

spanish_biker79 · Two Stroke Sniffer Joined: 30 Aug 2004 Karma :

Thanks guys,

I'm now mainly concerned about what could happen if they have an accident and like Rogerborg said above, the insurance company might try to get some big money off from me?

I'll read through my policy after and see if I have some no non disclosure terms, I've never read anything about it....

Rogerborg · nimbA Joined: 26 Oct 2010 Karma :

I don't mean to over-alarm you, I don't think it is likely, but it is a technical possibility based on the my understanding of the statutes and the current case law.

Link to T.C.'s profile.
____________________
Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike

minesweeper · Whoah there! Joined: 03 Feb 2002 Karma :

My apologies the police do inform the dvla but you must inform the insurance company immediately on finding it stolen no matter what the cover.
Im almost certain you can not be held responsible and if they caused any accident then the other party would have to claim through the MIB but what possible reason would u have for keeping the bike insured..

matt
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Rvf400, 955i daytona, 954 fireblade, cbr1000rr fireblade 06 Hm plant

spanish_biker79 · Two Stroke Sniffer Joined: 30 Aug 2004 Karma :

Thanks asking TC...

I was thinking that maybe even if you don't report it (as I won't be claiming), then they're not going to put up prices of new policies, maybe take away no-claim bonus, etc?

Annoying that you're left without the bike and then you've got a lot more problems to sort out...

cb1rocket · World Chat Champion Joined: 30 Jan 2010 Karma :

My understanding is not to take it off the insurance, as if you do get it back its more money to re-instate the insurance.

If they do crash into someone then its their problem, technically they are riding uninsured. The insurance is down to the person riding it, not the vehicle. That's how the police view it.

Sorry to hear it got nicked, my went the same way. Is it possible they nicked it for a joy ride As that's probably why as its good for off roading - they did that to mine across the fields!

c-m · World Chat Champion Joined: 12 May 2006 Karma :

Next time you get insurance, you won't need to declare that your bike was stolen, because there hasn't been any loss.
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minesweeper · Whoah there! Joined: 03 Feb 2002 Karma :

Did you pay for the insurance in full for the year? or on a quarterly basis?
If you havnt paid in full then why keep paying for a bike you no longer own.. if you paid in full then you may be due a refund on the rest of the policy depending how long it has left to run.
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Rvf400, 955i daytona, 954 fireblade, cbr1000rr fireblade 06 Hm plant

Rogerborg · nimbA Joined: 26 Oct 2010 Karma :

spanish_biker79 · Two Stroke Sniffer Joined: 30 Aug 2004 Karma :

Thanks Rogerborg and TC, I think I'll go for the better safe than sorry and will call now just in case.

TC explained a few examples of things that can get messy and I don't want to be in the position of clarifying things with an insurance company afterwards!

Much appreciated guys...

Rogerborg · nimbA Joined: 26 Oct 2010 Karma :

Happy to help, and again, I'm sorry that you're going to be punished for being a victim. Sad

Did T.C. recommend telling them that the bike has been stolen, or just to instruct them to cancel the policy without a reason?
____________________
Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike

itsbeennicked · L Plate Warrior Joined: 23 Aug 2010 Karma :

Gutted for you mate. As you have a photo, why not add your bike to https://itsbeennicked.co.uk