Insurance Question

..... · Quote Me Happy Joined: 15 Jan 2005 Karma :

My bike was written off but I am planning on buying another soon. I've got a feeling that the new bike will cost more to insure than my old bike. The policy on my old bike doesn't run out until May next year.

Can I swap the existing policy onto the new bike and pay any extra, or because I've made a claim would I have to take out a new policy?

Cheers

Chriss · World Chat Champion Joined: 07 May 2005 Karma :

Believe you'll be able to do a change of vehical. Insurance company is the one to ask though! Wink

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TheShaggyDA: I've got 3 or 4 pairs that predate my wife, so at least 11.5 years old.

instigator · Super Spammer Joined: 19 Oct 2004 Karma :

Your policy has ended mate.

As soon as you made a claim. Smile

That's usually the way it goes. I guess it depends on who it goes through though or who was to blame.

If it wasn't you, then yes, you can change vehicle most of the times (depends on company) but you will usually pay a minimum £20 admin fee.

Chriss · World Chat Champion Joined: 07 May 2005 Karma :

Was going say, from previous posts it didn't sound like it was his fault, so he should be in a position as if he hadn't claimed at all, so I think he'll be able to continue with it?

Keep us posted mate! Smile

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TheShaggyDA: I've got 3 or 4 pairs that predate my wife, so at least 11.5 years old.

paulthewitt · World Chat Champion Joined: 17 May 2004 Karma :

your policy is normally a 12 month contract. you could make 365 claims in a year (one a day! even more) and they'd still have to honour the contract till it expired. at no point can they terminate a contract unless you were dishonest (undisclosed conviction for example)

in short yes you can swap the bike, provided they can cover you on the new bike, but yes there will probably be an admin charge.

Paul

Davo · Davo To The Rescue! Joined: 05 Apr 2004 Karma :

I'm insured with Motorcycle Direct, there is a specific line in the contract that states, in the event of a claim the policy (e.g. where they've had to pay out) will be terminated.

Joe, you may need to check that out with your insurers that this is not the case.

dibbster · Nearly there... Joined: 15 Apr 2004 Karma :

it really is that quick · Crazy Courier Joined: 28 Oct 2005 Karma :

If its written off and you claim on your own insurance they pay out and cancel the policy ( you have to send in policy docs, MOT and V5) so you would need to take out a new policy.

If you claim off a third party then you just amend details pay admin fee and any additional permium due on new bike.

Not to sure if you claim off your insurance for repair work think the policy still runs until expirey date Confused

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not just any short of winnah... But a Sahf East Winnah

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