Claiming on insurance

jozh12 · Two Stroke Sniffer Joined: 10 Mar 2015 Karma :

Hi
If I drop my bike when I am on my own, am I able to claim on fully comp bike insurance or does someone else have to be involved?
Thanks

CaNsA · Super Spammer Joined: 02 Jan 2008 Karma :

With "Fully Comprehensive Cover", if you bin your bike you can claim on your insurance policy.

P.addy · Red Rocket Joined: 14 Feb 2008 Karma :

Why you would is beyond me..

Wonko The Sane · World Chat Champion Joined: 20 Jan 2013 Karma :

Nobby the Bastard · Harley Gaydar Joined: 16 Aug 2013 Karma :

M.C · Super Spammer Joined: 29 Sep 2015 Karma :

How did that turn out for Bodyguard?

Wonko The Sane · World Chat Champion Joined: 20 Jan 2013 Karma :

jozh12 · Two Stroke Sniffer Joined: 10 Mar 2015 Karma :

Cheers, i haven't dropped it, just weighing up whether i should get fully comp or 3rd party,

CaNsA · Super Spammer Joined: 02 Jan 2008 Karma :

1st bike?
1st year of riding?
Go fully comp Thumbs Up

talkToTheHat · World Chat Champion Joined: 21 Feb 2012 Karma :

Instant Celebrity
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Ste · Not Work Safe Joined: 01 Sep 2002 Karma :

Nothing to say that TPO will be cheaper than fully comp for the OP. Remember, insurance prices work in mysterious ways!

Whether he'd be financially better off claiming should be drop his bike would depend on what bike it is, whether 'drop' means very pretty much stationary or whether it means a crash where he doesn't stay on the bike and it hits the ground.

M.C · Super Spammer Joined: 29 Sep 2015 Karma :

With cars fully comp's normally cheapest, or a little bit more than third party fire & theft. With bikes (for me at least), third party is a lot cheaper than fully comp.

A guy at work just started riding and took out a fully comp' policy. I pointed out that it was a) with MCE and b) his excess was practically the entire value of his scooter.

Rogerborg · nimbA Joined: 26 Oct 2010 Karma :

Alpineandy · World Chat Champion Joined: 18 Mar 2015 Karma :

rubyhorse2 · Traffic Copper Joined: 03 Mar 2015 Karma :

worthwhile doing quotes for both as, god only knows, but fully comp can occasionally be cheaper or not much more.

jozh12 · Two Stroke Sniffer Joined: 10 Mar 2015 Karma :

Its £400 and something for fully comp, and £200 third party. I think il probably risk it and get 3rd party

P.addy · Red Rocket Joined: 14 Feb 2008 Karma :

panrider_uk · World Chat Champion Joined: 23 Sep 2007 Karma :

I'd consider the cost of replacing plastics etc against the difference in premiums and excess.
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Wonko The Sane · World Chat Champion Joined: 20 Jan 2013 Karma :

Fidge · Banned Joined: 04 Oct 2014 Karma :

Just get third party only, if you drop it it wont cost much to put right, spend the extra £100 on a lock which will last you 10*+ the cover of the fully comp 1 year. You could probably drop the bike 5 times costing ~£20 to fix each time and still be cheaper than fully comp, like anyone could drop their bike 5 time in a year. It also means that you can get upgrades each time you drop it.

As others have said, claiming anything on the insurance will only put up your premium for next year and you will lose your no claims discount / bonus.

P.addy · Red Rocket Joined: 14 Feb 2008 Karma :

Bargain for your excess. I've only ever paid 100 quid as my excess Confused