Insurance questions - SV650.org

BigFootIsBlurry · 10-03-09, 06:39 PM

I've just gotten off the phone with an insurance company to get a quote for an Sv I'm looking at and because I declared the fact it has an aftermarket can they whacked 30% on the premium, taking it from £285 to £365 (Neither of which I think are that bad for a new rider TPF&T in Manchester). Woman on the phone told me this was standard practice across all insurers for modified bikes. While an exhaust is technically a modification, I think 30% is mad.

So, I have a couple of questions for the mighty .org.

Firstly, is this 30% thing a load of ******** that I should have disputed?

Secondly, do people declare things like an exhaust? Obviously this is a public forum and I'm sure that everyone on here tells their insurance company everything, but what do your 'mates' do?

Many thanks

10-03-09, 06:41 PM

Never had a quote increased for aftermarket can - as long as they are stamped then everyone I've used has been happy.

10-03-09, 06:45 PM

Most insurance companies are only concerned if there's a performance gain from the can.

10-03-09, 06:46 PM

Ive got gixxer forks, ohlins shock, hid light, ART exhaust and hugger declared and it didnt affect my premium at all.

BigFootIsBlurry · 10-03-09, 06:46 PM

Quote:

Originally Posted by diamond

Most insurance companies are only concerned if there's a performance gain from the can.

I argued that point but apparently anything changed adds 30%

10-03-09, 06:47 PM

Quote:

Originally Posted by BigFootIsBlurry

I argued that point but apparently anything changed adds 30%

I'd change insurer

timwilky · 10-03-09, 06:50 PM

Quote:

Originally Posted by simesb

I'd change insurer

+1

10-03-09, 06:52 PM

if you can walk away from the crash you could change the exhaust back to the standard one before the insurance saw it...shame you cant see the future eh

Lissa · 10-03-09, 07:18 PM

We had loads of mods on our SV, including a full system. We declared everything and it didn't affect the premium at all.

The value of all the extra's was over 3K!

I think you need to shop around. Every insurance company Pete's been with is only bothered if the can is performance enhancing.

10-03-09, 07:22 PM

my insurer knows about all the mods on my bike they havnt charged me for any of them definitely think about ditching yours next renewal if their not flexible with stuff.

View Poll Results: Opinions on declaring mods to insurance?
Declaring everything is the only way forward	17	77.27%
Little things are ok	2	9.09%
I lie to my insurance company	3	13.64%
Voters: 22. You may not vote on this poll

10-03-09, 06:39 PM	#1
BigFootIsBlurry Member Join Date: Dec 2008 Location: Durham Posts: 408	Insurance questions I've just gotten off the phone with an insurance company to get a quote for an Sv I'm looking at and because I declared the fact it has an aftermarket can they whacked 30% on the premium, taking it from £285 to £365 (Neither of which I think are that bad for a new rider TPF&T in Manchester). Woman on the phone told me this was standard practice across all insurers for modified bikes. While an exhaust is technically a modification, I think 30% is mad. So, I have a couple of questions for the mighty .org. Firstly, is this 30% thing a load of ******** that I should have disputed? Secondly, do people declare things like an exhaust? Obviously this is a public forum and I'm sure that everyone on here tells their insurance company everything, but what do your 'mates' do? Many thanks __________________ Ain't no sunshine when she's gone... 2000 curvy, yellow and naked. Gone but not forgotten.

10-03-09, 06:41 PM	#2
simesb Guest Posts: n/a	Re: Insurance questions Never had a quote increased for aftermarket can - as long as they are stamped then everyone I've used has been happy.

10-03-09, 06:45 PM	#3
diamond Guest Posts: n/a	Re: Insurance questions Most insurance companies are only concerned if there's a performance gain from the can.

10-03-09, 06:46 PM	#4
Sean_C Guest Posts: n/a	Re: Insurance questions Ive got gixxer forks, ohlins shock, hid light, ART exhaust and hugger declared and it didnt affect my premium at all.

10-03-09, 06:52 PM	#8
BanditPat Guest Posts: n/a	Re: Insurance questions if you can walk away from the crash you could change the exhaust back to the standard one before the insurance saw it...shame you cant see the future eh

10-03-09, 07:18 PM	#9
Lissa Just Ballast Mega Poster Join Date: Feb 2006 Location: Rugby, South Mids Group Posts: 4,381	Re: Insurance questions We had loads of mods on our SV, including a full system. We declared everything and it didn't affect the premium at all. The value of all the extra's was over 3K! I think you need to shop around. Every insurance company Pete's been with is only bothered if the can is performance enhancing. __________________ If It's Too Loud, You're Too Old! I'd Rather Have Two Big Bangs Than Four Little Strokes

10-03-09, 07:22 PM	#10
zsv650 Guest Posts: n/a	Re: Insurance questions my insurer knows about all the mods on my bike they havnt charged me for any of them definitely think about ditching yours next renewal if their not flexible with stuff.

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