Sylvie down and damaged

Originally Posted by yorkie_chris

Dear god don't buy a GPZ.

Yeah chances are they will write it off for a few scratches, it is after all an old-ish bike with a lot of expensive parts that "need replacing".



So it's still rideable, with basically a couple of scrapes on it, what's the point of fixing it? Get your mate to bung you £300 (which is basically what you've lost in resale value) and ignore it. She doesn't get hit next renewal time and neither do you.

Or, they write it off, pay you say £2k for it, you buy back salvage for say £500, basically leaving you with a lump sum of £1500, a rideable bike... but without the warm fuzzy feeling you get knowing you haven't cost everyone elses insurance weeks and weeks of extortionately priced hire bike.

if the mate who knocked the bike over has protected no claims(which most people have these days, and it doesnt cost much) her insurance wont go up a penny now or on next renewal

[yorkie_chris]

Go do some quotes mate. Even with 5 years NCD if you've got to declare an at-fault claim (which you do have to declare), it will affect the premium.

[SoulKiss]

Originally Posted by yorkie_chris

Or, they write it off, pay you say £2k for it, you buy back salvage for say £500, basically leaving you with a lump sum of £1500, a rideable bike... but without the warm fuzzy feeling you get knowing you haven't cost everyone elses insurance weeks and weeks of extortionately priced hire bike.

I thought we had established that if its a total no-fault claim you can insist on repair no matter the cost?

[yorkie_chris]

This is true.

But still, reason insurance is so pricey is people having hire bikes "given" which cost stupid amounts, while the bike is away at some rip off repairers... everyone riding the gravy train. That's why I wouldn't do it (well, unless they'd squashed it flat...)

Originally Posted by yorkie_chris

This is true.

But still, reason insurance is so pricey is people having hire bikes "given" which cost stupid amounts, while the bike is away at some rip off repairers... everyone riding the gravy train. That's why I wouldn't do it (well, unless they'd squashed it flat...)

every one claiming on insurance at the end of the day will in the long term put up premiums,but having protected no claims and having to claim will not put up your price off insurance now or in the future,thats a fact,cos i have done it,and as to not claiming when it is someboby elses fault,what the hell is the point of having insurance then,and if somebody damaged my car or bike i would want a replacement while it was being repaired,

[Jayneflakes]

I am just glad that I am not having to deal with MCE while going through this. I should also point out that the person who knocked over my bike is my friend and we discussed her paying for the damage, but she felt it was too much for her to be able to afford. I gave her the choice. I did not insist that it was dealt with my insurance and I informed her that it would raise her premium. At no time have I acted in an unreasonable way in regards to this matter.

My SV might just be an old K3 SV to those who have not put the hours of polishing, cleaning and riding into her, but she is my precious bike, I have done a lot of work to her and I ride her a lot. My friend knows this and it is for this reason that she was so upset when she knocked it over.

[yorkie_chris]

Originally Posted by suzukigt380paul

what the hell is the point of having insurance then,and if somebody damaged my car or bike i would want a replacement while it was being repaired,

Did you do some quotes with NCB but declaring a crash/claim? Did it come to same price?

You seen the 2 Ronnies sketch about Jewish insurance?
Corbett: You don't seem to understand how insurance works, you see, you pay us a lot of money...
Barker: Yes...
Corbett: That's it.

Just my personal point of view, I whinge like hell that the rip offs in the insurance business, hire bikes, all the john backys claiming 15 whiplash cases in one nissan micra, every man and his dog cashing in... all puts the premiums to the point I can't afford to run a van which would earn me money. I wouldn't join in that gravy train for something which did not render the bike unrideable. But my bikes aren't cosmetic things.

Jayne obviously sees things differently as hers is shiny shiny and such, her choice.

Originally Posted by suzukigt380paul

every one claiming on insurance at the end of the day will in the long term put up premiums,but having protected no claims and having to claim will not put up your price off insurance now or in the future,thats a fact,cos i have done it,and as to not claiming when it is someboby elses fault,what the hell is the point of having insurance then,and if somebody damaged my car or bike i would want a replacement while it was being repaired,

Not sure protected ncb will not see higher premiums, extra 1 years ncb for me back in may, insurance went up ~£50 and that wasn't renewal, that was searching round for cheapest like for like.

Insurance companies have a license to print money so when everyone and their mother claims for everything, do you think they will absorb that extra cost? Nope, they will pass it on to us come renewal time.

IMO, whiplash claims are the number one contributor to high premiums so that area of things need to be adressed urgently.

All through a moment of carelessness. Shame

protected no claims means protected no claims,so after a claim you still get your how ever many years no claims of your next policy,i know cos ive done it on 2 renewals,and it does work,otherwise my insurance would go up by 70% and i shoped around and got it £100 cheeper