insurance question, protected no claims

[aaron020873]

hi all
i had a little off at weekend and i'm just weighing up my options for repair.
i am fully comp insured with protected no claims, but have a £350 excess.
i don't know the costs of parts yet but i would say they would come to more than the excess and then there is my time and effort doing the repairs of which i'm no bike specialist.
so does protected definately mean protected? i.e will not be affected? also can i claim for personal injury even though there was only me involved?? or am i better keeping my mouth shut and doing it all myself?
thanks in advance.

[Mr Speirs]

Protected no claims means you reserve your % discount on the premium.

If you had a claim the premium would go up no matter what but you would still get your no claims discount taking off the premium.

I.e. if you had never made a claim your premium may come to £600. You then will get your no claims discount removed from that price.

if you had made a claim your premium would reflect that as the risk is greater to the insurer so the premium may come out at £1000, your protected no claims discount will then be removed from that price.

So your protected no claims is just that...but they can charge whatever they like before the no claims is discounted.

I don't think you can claim for personal injury against yourself.

It depends how much damage is done to the bike but generally on a £2000 ish bike I wouldn't bother claiming.

What damage has the bike got? Got any pics?

[metalangel]

TBH I'd get a quote of some kind before deciding... a claim sitting against you for three/five years (depends on which insurer and how far back they ask) could well end up costing you more than just getting it done yourself, especially considering the excess, and any other policies for other vehicles you've got.

I'm pretty sure, for example, it would have been cheaper to pay the £1300 to get my whacked parked car fixed myself than what it will end up costing me over the next few years. Conversely, my two year old, low mileage smashed pointy was definitely worth claiming on even though it was my fault.

[aaron020873]

i have a few pics but can't remember how to put them on here :rolleyes: but the damage that i can see is all down one side and is as follows:
mirror, front brake lever, bar end + maybe throttle body, heated grips, front nose cone fairing, back brake lever, crash bung, and exhaust, there is also some scrapes to other parts not mentioned but these may polish out.
i know not all of the above would need doing to get back on the road but the bike was really good clean condition with no damge at all before and i will want to put it back in this condition.

[454697819]

I had protected no claims when i crashed my tuono,

it was worth 6k and the damage was 2k, I claimed and when I bought a new bike, despite my premiums going up because everyones had, I typically found that it made little difference to the bike policy, however declaring the claim on my car policy has put that up, but still no where need the cost of the claim.

[454697819]

i have a few pics but can't remember how to put them on here :rolleyes: but the damage that i can see is all down one side and is as follows:
mirror, front brake lever, bar end + maybe throttle body, heated grips, front nose cone fairing, back brake lever, crash bung, and exhaust, there is also some scrapes to other parts not mentioned but these may polish out.
i know not all of the above would need doing to get back on the road but the bike was really good clean condition with no damge at all before and i will want to put it back in this condition.

in that case claim for it, the bits you have mentioned will run into hundreds possibly thousands new...

[aaron020873]

i think also i should add that my fully comp insurance only cost me £85 with protected ncb, so even with an increase in premium before ncb applied would it make that much difference???

[metalangel]

Fully comp insurance for eighty five pounds with protected NCB? I paid TEN TIMES that for my stupid car! *cries*

[aaron020873]

was actually 84 pound something inc ins premium tax, i just rounded it up for simplicity....
so claim or not today i want to decide....

[454697819]

go for it, you can always start th claim then cancel it if they decide to write the bike off or something, the estimate is the first step for which you need to start a claim for them to do.

[aaron020873]

go for it, you can always start th claim then cancel it if they decide to write the bike off or something, the estimate is the first step for which you need to start a claim for them to do.

but would that still go against me if i cancelled the claim, with them now having the accident on record????

[454697819]

but would that still go against me if i cancelled the claim, with them now having the accident on record????

possibly...? couldn't say, technically you should declare it come renewal anyway,

lets be honest, with an £85 policy if it doubles your still quids in.

[aaron020873]

thats what i am thinking, probably not worth the hassle of me doing myself..