Insurance Q

[freestyler_onli]

When they say 'How many no claims have you got?' and i say 'None', do they want you to specify why you havent got any??

[Mr.Everready]

No
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the undemocratically unelected mod of the Scottish section

[freestyler_onli]

Thank christ for that then!

[Mr.Everready]

how would you go about proving that you have no no claims anyway ?
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the undemocratically unelected mod of the Scottish section

[freestyler_onli]

Well if i renew it next month- they know that i had claimed. There a little flag my my name saying 'dont insure him! '


But i might go to another company as they seem a bit cheaper!

Maybe i'll get it below £3000 this time............

[dainesefreak]

You need to declare that you have made a claim, how much and normally who was at fault. If you don't and take out a new policy then it can be invalidated.

If you weren't at fault and the costs recovered from a third party then the policy shouldn't be loaded. (in theory)

[freestyler_onli]

The 'investigation into it' if you like is still ongoing and could take years- due to the amount of money i'll get if it goes my way!


My current insurers paid out for the bike so i'll tell them about that and see what happens.

[dainesefreak]

Unfortunately I think you'll find they will load your policy until they finally settle with the other party. I lost 3 years NCD for 9 months when I made a claim until it was settled 100% in my favor. I'm not sure if they would reduce your policy premium after the claim is settled if you haven't got any NCB to reinstate.

It's all a bit pants really.

Just a thought, are you planning on riding all year round? You could possible save some cash with someone like Ebike Insurance who let you alter the policy throughout the year.

[TiN]

They will ask you if you had made any claims in the past X years...I've also seen on some online forms asking to state the status of any claim outstanding - i.e. you need to say that you have a claim "pending", if that is the case. I think that in this situation, they will assume that you have a 50/50 claim against you.

Remember that all of the information is shared amongst insurance companies - but they won't make any effort to dig out dirt until you need to claim, and if they find anything going against your profile, they can refuse to pay out (and invalidate your insurance).
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TiN
dotgems.net

[freestyler_onli]

Hmmm i see!

Yes i am planning to ride it all the time.

I cant get insured by a few companies so i'll see what my current one says.

[sickpup]

Hold on a sec. You're old bill and you're about to commit insurance fraud ie failure to disclose. You do of course realise that this is illegal and leads on to other criminal offences?

[freestyler_onli]

So what exactly am i failing to disclose then..............

[Kickstart]

That you have a claim going through.

Cannot remember the legal term, but basically you are meant to tell them anything that may be relevant.

All the best

Keith
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Traxpics, track day and racing photographs - Bimota Forum - Bike performance / thrust graphs for choosing gearing

[freestyler_onli]

[sickpup]

[Chriss]

[freestyler_onli]

The nature of my claim is such that if ..............how can i put this

Basically- if the worst comes to the worst and i end up having to leave my job, compensation wise- i could be looking at near enough a 6 figure sum.

Altohugh that would be nice- i just want what im now out of pocket -ie £10 000.

Insurance wise-i think ill stick where i am and see what they say.