View Full Version : Insurance Question - NCD
SAMMY650
08-10-09, 08:45 PM
Hi all, quick question for you all.....
Can you use no claims discount on more than one policy/bike?
I've had to sign my SV over to my dad so now the insurance has to be in his name with me as named rider but he already has a fazer which he uses his 5 years NCD on....can he use his NCD on the SV as well or will we have to start from scratch?:confused:
Many thanks
CarlosSV650S
08-10-09, 08:49 PM
you can get a multi bike policy m8.
tigersaw
08-10-09, 08:50 PM
Nope, but he can get a second bike added to his existing policy
Since when does the insurance policy have to be in the same name as the registered keeper? That's news to me my friend! :)
Oh and insurance policies are getting hot on people 'fronting' policies. Not worth the risk if this is what you are doing.
SAMMY650
08-10-09, 08:57 PM
Tried to keep the insurance in my name but Bennetts and MCE both said had to be in my dad's name as its him on the logbook.
Not trying to pull anything naughty, just dont fancy having to pay £500 odd for insurance if we cant use his valid NCD, when last year on my own it was down to £230.
tigersaw
08-10-09, 09:01 PM
Bennetts and MCE .
I see where you went wrong here
SAMMY650
08-10-09, 09:08 PM
I see where you went wrong here
lol, MCE were ok(ish) when the policy was in my name. Seems like I may have to give in and pay the £500 odd premium.
Any recommendations on insurance companies?
tigersaw
08-10-09, 09:11 PM
Lost the plot here.
You have signed the bike to your dad.
Does he want to ride it with you as named driver? if so then get him to add it to his existing policy. Even if he doesn't want to ride it, this is a (dubious legality) route.
Or, are you saying you now want a new policy in your own name on a bike not registered to you?
If you will ride it more than your father does then the bike insurance policy has to be in your name regardless of who's name the actual bike is in. I'm sure some of the companies will insure the bike if it's not in your name.
SAMMY650
08-10-09, 09:28 PM
Lost the plot here.
You have signed the bike to your dad.
Does he want to ride it with you as named driver? if so then get him to add it to his existing policy. Even if he doesn't want to ride it, this is a (dubious legality) route.
Or, are you saying you now want a new policy in your own name on a bike not registered to you?
Yeah, log book is now in dad's name and he wants to ride it with me as named rider on policy, as we will both be using the bike
However, if anyone does know of a company that will give me my own policy in my name that'd be very handy as i have my own NCD and will probably be easier to sort out.
I think he tried adding the bike to exsisting policy but couldnt. (Not sure why)
sorry for the confusion
peterco
09-10-09, 09:08 AM
Have you tried e bike insurance ?
pete
hindle8907
09-10-09, 09:12 AM
Since when does the insurance policy have to be in the same name as the registered keeper? That's news to me my friend! :)
Oh and insurance policies are getting hot on people 'fronting' policies. Not worth the risk if this is what you are doing.
as far as i am aware you have to be the registered keeper to take out a policy.
when i had an off a while back my bike was messed up and my mate said i could lend his 125cc ... what he didnt use anymore so i rang up to get a quoat and all of them said i need to be the registerd keeper to take out a policy
skidmarx
09-10-09, 11:32 AM
Yeah, log book is now in dad's name and he wants to ride it with me as named rider on policy, as we will both be using the bike
However, if anyone does know of a company that will give me my own policy in my name that'd be very handy as i have my own NCD and will probably be easier to sort out.
I think he tried adding the bike to exsisting policy but couldnt. (Not sure why)
sorry for the confusion
Yeah but you can't have. More than 1 policy on any one bike. Opens up the possibility of fraud thru multiple claims on one 'accident'. Which is fair enough.
yorkie_chris
09-10-09, 11:33 AM
Why did you have to make your dad the registered keeper of the bike?
Seems like a right faff about for no gain.
I own the SV but DD was using it. He could not insure it in his name as he is not registered keeper, so I added him as named rider. I have just renewed raptor insurance with dial direct £69 for year - I love being old sometimes
SAMMY650
09-10-09, 06:13 PM
Why did you have to make your dad the registered keeper of the bike?
Seems like a right faff about for no gain.
It is a right faff on, and it's starting to wind me up.
Can't find a quote for me alone as not the legal owner/registered keeper.
Dad already tried to add the SV to his Fazer policy but as he wanted a named rider on there as well, Yamaha/CIA insurance said no.
Looks like I'm gonna end up paying about the same amount of money as i did when I got my first big bike.....damn it!:mad:
hindle8907
09-10-09, 06:32 PM
i paid 980 quid for my first big bikeinsurance.
SAMMY650
09-10-09, 06:45 PM
I own the SV but DD was using it. He could not insure it in his name as he is not registered keeper, so I added him as named rider. I have just renewed raptor insurance with dial direct £69 for year - I love being old sometimes
KitKat you are a legend! :notworthy:
Just got a quote from dial direct (had never heard of them until you posted) for the policy to be in dad's name with me as named rider, was honest about all the mods etc and they've quoted £148.40 fully comp!\\:D/
Thanks
KitKat you are a legend! :notworthy:
Just got a quote from dial direct (had never heard of them until you posted) for the policy to be in dad's name with me as named rider, was honest about all the mods etc and they've quoted £148.40 fully comp!\\:D/
Thanks
woohoo means you will have money left over to actually put petrol in bike and ride it.
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