S
stratford-steve
Guest
Do I tell my insurance company about my 4-2-1 system? Any experiances of hyked policies or failiures to pay out when not told?
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D
D.S.
Guest
Good point Steve. I'm about to go the same route, so it'll be interesting to see if
anyone has had any experiences.
anyone has had any experiences.
R
Rob
Guest
Don't bother.
Hi guys , i told Carole Nash that i had fitted Blue Flame cans to my BB they said they did'nt want to know and that my insurance company would'nt pay out for them in the case of a claim anyway. so it's up to you really. R'gards Rob.
Hi guys , i told Carole Nash that i had fitted Blue Flame cans to my BB they said they did'nt want to know and that my insurance company would'nt pay out for them in the case of a claim anyway. so it's up to you really. R'gards Rob.
S
stratford-steve
Guest
I could'nt give a damn about insuring the actual exhaust, does any one know if it a) increses your premium or b) invalidates any part of your cover if you don't tell em.
Quiney
Registered User
Having work for a large insurance co.
the wording of most policies state that you have to inform them of any modifications.
Other than changes to engine spec, ie increase to cc/hp etc then it generally doesn't result in any premium increase, BUT it may make the vehicle more desirable (can a Bird be made any more desirable?) and therefore more attractive to thieves, ie it changes the risk.
The major risk in not informing them of ANY modification is that if it is stolen and recovered, when the motor inspector has a look and see's the fancy race cans that they knew nothing about, they can use the non-notification as a reason for not paying out.
I have just looked at my policy and it is listed under 'Important changes' and requires them to be informed after things like motoring convictions, changes to where it is kept and any modification to the motorcycle.
Best advice - tell them!
the wording of most policies state that you have to inform them of any modifications.
Other than changes to engine spec, ie increase to cc/hp etc then it generally doesn't result in any premium increase, BUT it may make the vehicle more desirable (can a Bird be made any more desirable?) and therefore more attractive to thieves, ie it changes the risk.
The major risk in not informing them of ANY modification is that if it is stolen and recovered, when the motor inspector has a look and see's the fancy race cans that they knew nothing about, they can use the non-notification as a reason for not paying out.
I have just looked at my policy and it is listed under 'Important changes' and requires them to be informed after things like motoring convictions, changes to where it is kept and any modification to the motorcycle.
Best advice - tell them!
S
Snowdog
Guest
After my crash last year, I noticed on the engineers itinerary report to my insurance company, that one of the items that was listed to be checked and at the top of the list!!! was the availability of "What type of exhaust fitted"
I think that may help shed some light on the issue.
And, just for the records I had'nt informed my insurance company bout the race cans that were on the bike at the time, I got my mate (whos garage that was that recovered the bike from the accident scene) to swap over the cans and make some modifications to the standards.:}
Also one last thing, I have not and will not be informing my insurance company the details of my Akrapovic race system. I will take that risk again as 1. I dont think the insurance company would be too happy to insure me and 2. If they did insure me then am quite sure that it would be a large hike upwards at renewal date.
One thing is for sure there damn quick to take more money of you than they are at paying any back!
I think that may help shed some light on the issue.
And, just for the records I had'nt informed my insurance company bout the race cans that were on the bike at the time, I got my mate (whos garage that was that recovered the bike from the accident scene) to swap over the cans and make some modifications to the standards.:}
Also one last thing, I have not and will not be informing my insurance company the details of my Akrapovic race system. I will take that risk again as 1. I dont think the insurance company would be too happy to insure me and 2. If they did insure me then am quite sure that it would be a large hike upwards at renewal date.
One thing is for sure there damn quick to take more money of you than they are at paying any back!
Jon and Anya
Registered User
Sorry but,,,,,,,,,,,,,,,,,,
you must tell them about any modification done to your bike, even screens. They may say it dosnt matter but by experience they will look for any mods including lugguage frames, exhausts etc.
At the end of the day they will look for any reason not to pay you the full value if shit happens.
They all want
:shooter:
you must tell them about any modification done to your bike, even screens. They may say it dosnt matter but by experience they will look for any mods including lugguage frames, exhausts etc.
At the end of the day they will look for any reason not to pay you the full value if shit happens.
They all want
:shooter:
R
reefer
Guest
you sure?
ermm ok worst case senario here:
some little old lady jups out in front of you(happend to me)
you knock her over(happened to me)
apart from you getting carted off to the hospital she also gets carted off and after spending 2 weeks in ICU she then becomes a vegtable(happend to me)..or worse you kill em
the insurance inspectors are gonna drop your insurance like a rock once they see the cans fitted...hello court..serious pay for the rest of your life fine..and or prison
personaly id be crapping myself fitting cans and it would spoil the fun of biking for me:shooter:
ermm ok worst case senario here:
some little old lady jups out in front of you(happend to me)
you knock her over(happened to me)
apart from you getting carted off to the hospital she also gets carted off and after spending 2 weeks in ICU she then becomes a vegtable(happend to me)..or worse you kill em
the insurance inspectors are gonna drop your insurance like a rock once they see the cans fitted...hello court..serious pay for the rest of your life fine..and or prison
personaly id be crapping myself fitting cans and it would spoil the fun of biking for me:shooter:
R
Red Baron
Guest
Being the honest fellow that I am I informed my insurance company that I had race cans fitted to my bike. They promptly told me to remove them or fook off. Of course I removed them and got insured.....
S
Stik
Guest
Yep ... you have to tell 'em
A contract of insurance is a contract of "uberrimae fidei" as the legal beagles call it - utmost good faith to you n me.
Both parties have to be 'scrupulously' honest, or the contract can be made null and void . Omitting to provide any information is just the same as making a false statement.
As we all know, insurers hate paying out, and anything like un-divulged after market pipes would almost certainly give them legal cause to drop any claim, like the proverbial hot potato..
Buggers:xm
A contract of insurance is a contract of "uberrimae fidei" as the legal beagles call it - utmost good faith to you n me.
Both parties have to be 'scrupulously' honest, or the contract can be made null and void . Omitting to provide any information is just the same as making a false statement.
As we all know, insurers hate paying out, and anything like un-divulged after market pipes would almost certainly give them legal cause to drop any claim, like the proverbial hot potato..
Buggers:xm
birdinflight
Registered User
Perhaps this would be a good
question to ask our very own member known as MOND
He works for Honda Insurance and should know the official answer to this.
MOND WHERE ARE YOU..................???? :}
question to ask our very own member known as MOND
He works for Honda Insurance and should know the official answer to this.
MOND WHERE ARE YOU..................???? :}
R
R2B2
Guest
In my opinion you must tell them.
They have a wonderful (for them) get out clause which most people will find written into their policies. You must inform of any changes in "material facts".
And thereby lies the question - what exactly constitutes a material fact?
A turbo to boost the engines performance would most certainly count! But what of the other end of the scale, which is the area that affects most of us, such as exhausts, suspension or brake mods etc, etc. It's wide open for them to call the shots as they deem fit.
In the case of a claim an insurance company will look for any way to get out of the claim. If you've got undeclared mods then you are in there hands and the outcome will be decided on how sympathetic and compassionate they feel at the time, but the writing is really on the wall.
When I delinked my brakes I came clean about it 'cos I didn't want to risk any (god forbid) claim being thrown out under "material changes". At first they hiked the premium by ?84! I talked to a supervisor in the Ins co and after discussion they reduced the increase to ?20 to cover policy modification. When I switched to Honda Ins they didn't charge anything at all :bow: (I revealed the brakes mod after I had been quoted). All power to them.
Insurance is a risk business - for them and us. Push the risk and it'll sometimes backfire!
They have a wonderful (for them) get out clause which most people will find written into their policies. You must inform of any changes in "material facts".
And thereby lies the question - what exactly constitutes a material fact?
A turbo to boost the engines performance would most certainly count! But what of the other end of the scale, which is the area that affects most of us, such as exhausts, suspension or brake mods etc, etc. It's wide open for them to call the shots as they deem fit.
In the case of a claim an insurance company will look for any way to get out of the claim. If you've got undeclared mods then you are in there hands and the outcome will be decided on how sympathetic and compassionate they feel at the time, but the writing is really on the wall.
When I delinked my brakes I came clean about it 'cos I didn't want to risk any (god forbid) claim being thrown out under "material changes". At first they hiked the premium by ?84! I talked to a supervisor in the Ins co and after discussion they reduced the increase to ?20 to cover policy modification. When I switched to Honda Ins they didn't charge anything at all :bow: (I revealed the brakes mod after I had been quoted). All power to them.
Insurance is a risk business - for them and us. Push the risk and it'll sometimes backfire!
C
cbr11xx
Guest
I told Carole Nash about mine (Akrapovic 4-2-1 with e-marked end can), no problem, no increase in premium....
My understanding is the "catch all" clause is in every policy and requires you to tell 'em anything.
Cans/brake mods/colour changes/luggage racks/bars/suspension/screens
Think it also usually says if you're unsure you should tell 'em and they'll advise.
Insurers with some experience of bikes I think tend to show common sense and will only load if it improves performance or makes the bike worth more etc.
Insurers not specialised or who want to grab what they can will add a percentage for every change. I believe there may also be a refusal to insure if the total value or extras/changes exceeds certain proportion of the vehicles original value.
I was recently loooking at various premiums FC/TPF&F/TP only and noticed a big difference between TPF&F/TP only for bikes where on cars it's almost the same. Given that not many bikes probably catch fire that would suggest theft is the biggy problem.
:violin:
Cans/brake mods/colour changes/luggage racks/bars/suspension/screens
Think it also usually says if you're unsure you should tell 'em and they'll advise.
Insurers with some experience of bikes I think tend to show common sense and will only load if it improves performance or makes the bike worth more etc.
Insurers not specialised or who want to grab what they can will add a percentage for every change. I believe there may also be a refusal to insure if the total value or extras/changes exceeds certain proportion of the vehicles original value.
I was recently loooking at various premiums FC/TPF&F/TP only and noticed a big difference between TPF&F/TP only for bikes where on cars it's almost the same. Given that not many bikes probably catch fire that would suggest theft is the biggy problem.
:violin:
G
Gerrard
Guest
Well thats funny
So why is it that insurance companies want you to tamper with the bike to fit an alarm all be it for security reasons but its not standard is it?.. Usual story, one rule for one thing, one rule for another!!
So why is it that insurance companies want you to tamper with the bike to fit an alarm all be it for security reasons but its not standard is it?.. Usual story, one rule for one thing, one rule for another!!
M
mond
Guest
Pray that no one that insures your bike reads this :} oh i mean :t
M
mond
Guest
None standard exhausts are OK until they become None road legal exhausts - big difference - one is ok as per MOT and the other would invalidate the MOT
Making the bike none road legal and technically invalidating your insurance . . . . . . . .
You should disclose , but then an insurer i spoke to recently on the exact subject said in the event of an accident they would have to prove ' beyond reasonable doubt ' that the exhaust was the main factor in causing the accident . . . . .Will they be able to prove that - doubt it !!!
M
mond
Guest
:} :} :} You are joking arent you ? :} :} :}
M
mond
Guest
YOU MUST DISCLOSE EVERYTHING . . . .
But . . Insurance Companies are all different and will allow or refuse different things dependant on their Underwriting criterea.
Cosmetic mods are 99 times out of a 100 ok and will not increase the premium but this can be taken to extremes - a rear hugger or a polished one off frame and one of paint job - which one is the thieving chav liable to steel ?
Correct - that is why the frame / paint guy should pay more . . . . .
Engine mods are slightly harder to insure but most companies will insure these mods - definate no no's are Nitrous and aftermarket Turbos ( Exhausts depending on passability of MOT ) . . . . .
I hope i helped and 'didnt tell you what you already know'
:k
But . . Insurance Companies are all different and will allow or refuse different things dependant on their Underwriting criterea.
Cosmetic mods are 99 times out of a 100 ok and will not increase the premium but this can be taken to extremes - a rear hugger or a polished one off frame and one of paint job - which one is the thieving chav liable to steel ?
Correct - that is why the frame / paint guy should pay more . . . . .
Engine mods are slightly harder to insure but most companies will insure these mods - definate no no's are Nitrous and aftermarket Turbos ( Exhausts depending on passability of MOT ) . . . . .
I hope i helped and 'didnt tell you what you already know'
:k