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Old 21-11-06, 10:45 PM   #11
mysteryjimbo
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Quote:
Originally Posted by muffles
Quote:
Originally Posted by mysteryjimbo
Why bother? in two years time, you'll be older anyway and have cheaper insurance.
because the no claims will still be useful! if you get up to 5 years no claims you'll be able to save 70% ish on the price of the insurance compared to without.

personally i would say just find the cheapest big bike you can (as mentioned they ask how big is the biggest bike you've owned in the last x - maybe 5 - years). i don't think it would be "dodgy" if you went from a 50cc scooter to a big bike though - you'd just get the premium loaded slightly.
I currently pay £500 for two bikes fully comp with 3 yrs NCB @ 28

At 30 i know someone who just passed their test and insured a bike for £250 FC.

So if you ask me, to spend a couple of hundred over 2 yrs to maintain a NCB you could keep for free is stupid. If you were to do that, wait two years, insure for 1, wait 2 years. Simple.
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Old 22-11-06, 12:52 AM   #12
gettin2dizzy
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if the insurance company find out you weren't riding it (which they will if you ever need to use it) then your insurance is invalid. Its in one of those 'in trust' wordings. they've got us screwed at every turn
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Old 22-11-06, 08:22 AM   #13
Apophes
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Originally Posted by gettin2dizzy
if the insurance company find out you weren't riding it (which they will if you ever need to use it) then your insurance is invalid. Its in one of those 'in trust' wordings. they've got us screwed at every turn
didnt think not riding it matterd my brother in-law has and old triumph tiger twin insures it every year and its never seen a road all the time i've know him but he was advised to keep it insured incase some little twoca took a shine to it he only pays about 3 shillings and thrupence for the ins as well
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Old 22-11-06, 12:02 PM   #14
muffles
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Quote:
Originally Posted by mysteryjimbo
Quote:
Originally Posted by muffles
Quote:
Originally Posted by mysteryjimbo
Why bother? in two years time, you'll be older anyway and have cheaper insurance.
because the no claims will still be useful! if you get up to 5 years no claims you'll be able to save 70% ish on the price of the insurance compared to without.

personally i would say just find the cheapest big bike you can (as mentioned they ask how big is the biggest bike you've owned in the last x - maybe 5 - years). i don't think it would be "dodgy" if you went from a 50cc scooter to a big bike though - you'd just get the premium loaded slightly.
I currently pay £500 for two bikes fully comp with 3 yrs NCB @ 28

At 30 i know someone who just passed their test and insured a bike for £250 FC.

So if you ask me, to spend a couple of hundred over 2 yrs to maintain a NCB you could keep for free is stupid. If you were to do that, wait two years, insure for 1, wait 2 years. Simple.
it depends on the bike you want to insure though - if you have an expensive to insure bike, it may well be worth having the extra NCB. Add that to the fact that should you happen to have an accident, it helps reduce the effect (though obviously not remove it completely as you need to declare the accident) and things start to look up, especially if you are only paying £small amount per year. completely depends on the circumstances, currently i pay £1k insurance so if i was going away i would be doing it.

re: not riding the bike at all - i'd find that very odd if they voided your insurance for not riding it! unless there is a minimum mileage on the policy. i'd be very surprised if they put a clause in about having to ride it...what about if you have broken your leg and cannot ride for 1 year+, but you want to insure the bike against being nicked while its in your garage?
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Old 22-11-06, 01:26 PM   #15
Baph
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For anyone looking for a crap cheap big bike to insure, drop SoulKiss a PM. Last I talked to him about it, he had at least the opportunity of getting a 1983 Interceptor for gratis.

Just a thought... I'm interested in the interceptor myself, but can't sort out plans to pick it up.
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Old 22-11-06, 04:55 PM   #16
Benji
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Quote:
Originally Posted by mysteryjimbo
Quote:
Originally Posted by muffles
Quote:
Originally Posted by mysteryjimbo
Why bother? in two years time, you'll be older anyway and have cheaper insurance.
because the no claims will still be useful! if you get up to 5 years no claims you'll be able to save 70% ish on the price of the insurance compared to without.

personally i would say just find the cheapest big bike you can (as mentioned they ask how big is the biggest bike you've owned in the last x - maybe 5 - years). i don't think it would be "dodgy" if you went from a 50cc scooter to a big bike though - you'd just get the premium loaded slightly.
I currently pay £500 for two bikes fully comp with 3 yrs NCB @ 28

At 30 i know someone who just passed their test and insured a bike for £250 FC.

So if you ask me, to spend a couple of hundred over 2 yrs to maintain a NCB you could keep for free is stupid. If you were to do that, wait two years, insure for 1, wait 2 years. Simple.
Yes but you are missing the point, he might not be 30. Trust me, having 0NCB will cost you more than paying for insurance for a couple of years, especially if you are young.

You have a point about waiting 2 years and insuring for 1 though, that would save money and your NCB.

I'm not entirely sure they are going to find out you haven't used it? Yes I am sure there is a clause somewhere but how can you prove that you didn't use it? The only way would be recorded milage somewhere but not everywhere you have to list this and if it is going to be scrapped after, well, go figure.

In all honesty I insured my SV for 2 years, barely used it for one and almost zero use in the second, it barely turned a wheel, it doesn't matter.
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Old 23-11-06, 04:26 AM   #17
kjames
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well thnaks for interesting debate guys..

i think the plan is, to keep the insurance running until feb, as i've already paid the premium, maybe leave it a year and then look for a future track bike / project bike while i'm visiting the following summer.

stash it in my brothers garage (he doesnt know this bit yet) and insure it one yr, skip a yr maybe... and it'll be ready for a little project when i return.

thanks for the advice

Karl
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Old 23-11-06, 10:03 AM   #18
Jabba
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Don't forget, too, that you need at least 2 years NCB before some insurance companies will insure you for certain types of bike.

Shame to work abroad for a few years, save your dosh to spend on a top bike and them find that you can't get insurance on it.
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Old 23-11-06, 01:18 PM   #19
Toypop
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When I lost my full NCB it was a 3 year allowance. I was at 3 years and 3 months when I wanted to ride again and the thieving gits stole the whole lot.

Definitely get some old smashed up scooter or something that some scooter kid has crashed. Cost you about a tenner then insure it TPFT for £50 a year.

Don't bother getting an old 600 as insurance co's are more interested in NCB as opposed to whether you have been insured on a 600+ in the last year.

E.g. I have had my licence 13 years and been riding for all but a few and my premium on my current bike was £700 with no NCB.

A lad at work who is a few years younger than me has done two years (NCB) on a moped, did his DAS and got quoted £450 on new GSXR. Pathetic, insurance companies are thick as sh*t so play them at their own game I say.
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Old 24-11-06, 12:11 PM   #20
Ceri JC
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Quote:
Originally Posted by Benji
Quote:
Originally Posted by Dicky Ticker
Alternatively write to the insurance company concerned, explain you are abroad, and ask them how long they will hold your NCB for[They held mine for 2yrs on a policy] Only costs the price of a stamp and you have a confirmation in writing
I think everyone's NCB lasts for two years uninsured before it gets nulled. Just insure a ****ter, although they may take a dim view if you've insured a 50cc scooter for 2 years then go back to a 'big' 650cc bike.
Indeed. I've been asked, "was your last bike over 500cc?" before.
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