Quick insurance q

[sauluk]

If you sell your bike before the end of your insurance policy can you still earn the NCD when it matures?

I've got little over a month left and want to change bikes but my existing policy wont let me and I wont be able to carry the NCD before I've actually got it.

Also, which side of xmas are bikes cheaper?

[kwak zzr]

id leave policy running in order to earn the ncd and id say the january sales are best for bike buying

[rowdy]

I would have thought bikes will be cheaper after crimbo.
I would just keep the policy running for a month, although I don't know if that is legal or not.

[sauluk]

That's what I was thinking, technically they shouldn't be bothered as it's not like your going to claim but wanted to know the right way of doing it.

May just wait until January but fancied trying to sell the SV now and then get a new one in January.

[sunshine]

try selling in march best time tbh, it is illegal to leave it running but everyone does it.

[rowdy]

The only thing I can think might cause a problem is if you sold it and the tax needed renewing it is all on a data base now if the bike is insured, so this might potentially throw up a problem. If however the bikes tax runs out after your years insurance I think you would be extremely unlucky to get done for leaving it insured for a month after selling it. Just my opinion though.

[Biker Biggles]

How is it illegal to forget to cancel an insurance policy for a month if you sell a vehicle?What law are you breaking?I cant see any problem with selling the bike and just letting the insurance run out,then using the extra NCD on your next policy.

[Neeja]

I'm pretty sure it's not illegal to leave the policy running, as long as you have the permission of the new owner. What may be illegal is not informing the insurance company that you're no longer the registered keeper and that the bike is no longer stored on your property - it's borderline fraud.

[Dicky Ticker]

It is no offence as long as you don't make a claim and as you are no longer the owner, why would you claim for any incident that may occur. . When you sold the bike you sent the V5 to the DVLA so you are no longer the registerd keeper.
Just let it run out and get your NCB-only fraud if you make a claim while not the owner/keeper-----------its only for a few weeks any way.
Your insurance company is taking your money for no risk,which will be making them happy.

[SUPERSTARDJ01]

I was just thinking the same thing, im trading in my SV on 04/12 and my current insurance wont insure the new bike, so need a new policy, my sv insurance runs out in early Feb, do you think I could keep the policy running as it's all paid up and I get my NCB from the SV?

The SV is going to a garage.

[mr.anderson]

I'm sure it is fraud. You can't insure something you don't own.

[Dicky Ticker]

You don't have to own a vehicle or be the keeper,you can be be insured to ride/drive it--------------Just you can't use the insurance to tax it unless you are the reg keeper.
I have gone to Scotland and insured myself on my cousins Speed Triple before as my own insurance only covers me T.P and he wanted Full Comp so I changed the reg no on my insurance from the ST-------both insured to ride his bike fully comp but on different policies.