worth buying a shed for future insurance £s? - SV650.org

01-04-09, 05:03 PM

Just sold my sv.

I'm pretty sure that at some point in the future I'll buy another bike(probably 5 yrs away)
I've got 5 yrs no claims bonus that I don't want to let lapse.

What are your thoughts on on buying a crappy old bike and leaving it to rot in the back of the garage just so I keep my NCB up for when I get back on 2 wheels proper.

Will they take it into account? (i recall the question, what size engine bike have you ridden in the last 3 yrs? )

01-04-09, 07:40 PM

I think that's a good idea - go for a 50cc-er something like a honda vision with a limited mileage of 1000 miles, should be able to insure it for sub £100, easily, which will keep the no claims for when you decide to come back to big(ger) bikes.

I don't believe engine size is ever mentioned, as long as you have a full license

01-04-09, 07:50 PM

Buy a frame, SORN it in your name... When you get a full bike, tell DVLA the frame is now scrap...

Biker Biggles · 01-04-09, 08:03 PM

I reckon five years worth of premiums will be unlikely to amount to a saving when you come to insure your next real bike.
A better idea would be to not give up biking for the next five years?

01-04-09, 05:03 PM	#1
Jools'SV Now Guest Posts: n/a	worth buying a shed for future insurance £s? Just sold my sv. I'm pretty sure that at some point in the future I'll buy another bike(probably 5 yrs away) I've got 5 yrs no claims bonus that I don't want to let lapse. What are your thoughts on on buying a crappy old bike and leaving it to rot in the back of the garage just so I keep my NCB up for when I get back on 2 wheels proper. Will they take it into account? (i recall the question, what size engine bike have you ridden in the last 3 yrs? )

01-04-09, 07:40 PM	#2
andywilson460 Guest Posts: n/a	Re: worth buying a shed for future insurance £s? I think that's a good idea - go for a 50cc-er something like a honda vision with a limited mileage of 1000 miles, should be able to insure it for sub £100, easily, which will keep the no claims for when you decide to come back to big(ger) bikes. I don't believe engine size is ever mentioned, as long as you have a full license Last edited by andywilson460; 01-04-09 at 07:40 PM. Reason: added stuff

01-04-09, 07:50 PM	#3
Razor Guest Posts: n/a	Re: worth buying a shed for future insurance £s? Buy a frame, SORN it in your name... When you get a full bike, tell DVLA the frame is now scrap...

01-04-09, 08:03 PM	#4
Biker Biggles Member Mega Poster Join Date: Jan 2005 Location: Barnet Herts Posts: 5,071	Re: worth buying a shed for future insurance £s? I reckon five years worth of premiums will be unlikely to amount to a saving when you come to insure your next real bike. A better idea would be to not give up biking for the next five years? __________________ On a clear day we stand there and look further than the ordinary eye can see.

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