Blackhourse Finance... Gap insurance standard???

sirswali · Nova Slayer Joined: 07 Jun 2012 Karma :

Need some help, as some of u might know my beloved 2010 R1 was nicked early May (reg PK12 JUF). MCE have consistently tried to screw me.... Not surprised... My 2nd (the wife) took the finance for me as a birthday slash wedding gift.( I think she just did it so I'd def marry her.. Lol!)..

So I'm still battling it utopia with MCE and the underwriter. My misus calls the Finance company and turns out they say to her don't worry if the insurance company don't pay out the whole £11k the bike is worth, just get as much as u can and we'll pay the rest... Now as some of u know, u can't always trust the words that eminate from ur misus's mouth... Which brings me to my question.. Is GAP Insurance standard with finance agreements with the likes Blackhourse?? I'm thinkin she may have been misinformed.

Rogerborg · nimbA Joined: 26 Oct 2010 Karma :

"Standard" changes with the weather. You've got whatever contract that you can prove you've got. Read your policy documents, we don't have access to them.
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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

robbieguy2003 · World Chat Champion Joined: 30 Mar 2007 Karma :

What Rogerborg said. I'd probably ask them to send a letter out in the post confirming that in writing. Once I had that I'd then feel happier about settling with the insurance company.
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Current Bikes: Honda CBR 600RR - '07, Suzuki GSX1250 FA ST '11
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duhawkz · World Chat Champion Joined: 03 Dec 2006 Karma :

generally gap insurance is an additional extra.

as mr borg said look at your documents we don't know what you took out with the finance.
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"The guy is a worthless cunt and I honestly believe I would be a slightly happier person if he died." - Chris-Red

Going · Nearly there... Joined: 26 Feb 2012 Karma :

I'd also ask for it in writing and signed.

sirswali · Nova Slayer Joined: 07 Jun 2012 Karma :

Can you even get GAP insurance with a Finance agreement?

robbieguy2003 · World Chat Champion Joined: 30 Mar 2007 Karma :

sirswali · Nova Slayer Joined: 07 Jun 2012 Karma :

iooi · Super Spammer Joined: 14 Jan 2007 Karma :

Just remember the finance co is jointly liable for the bike...

That finance co can work for you as they have a vested interest in the bike...

I would tell them that you know of another R1 that have been bought from the same dealer, both on finance and then stolen within a short period.
They may find this interesting and take it further...
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Just because my bike was A DIVVY, does not mean i am......