Tracker means my insurance goes up!?

01-08-2013, 02:44 PM

I've been looking at getting a Road Angel bike-trac system for my little monster... just called my insurance company and they're telling me if I do, my premium goes UP. WTactualF!?

Their reasoning is that someone could nick the tracker!? We're talking £2 over a year, but still, really!? If the bike was nicked, surely that would increase the chance of it being recovered substantially, and therefore greatly reduce the chance of them having to pay out for a new bike?

gary tompkins · 01-08-2013, 03:11 PM

If you were dealing with rational and logical people... yes

Unfortunately insurance companies are run by useless twats

J.P · 01-08-2013, 03:14 PM

I think they work on the basis that once nicked your bike is stripped so quickly the chance of recovery is fairly low, and getting anyone to bother to try and find it is also very difficult, so all you've done is spend more money and you still have no bike.

01-08-2013, 03:26 PM

Speak to Ducati Insurance when you're renewing. They actually have brain cells.

Tracker got my insurance significantly reduced.

BikeTrac supposedly have a very good recovery rate.

01-08-2013, 03:38 PM

Quote:

Originally Posted by gary tompkins

If you were dealing with rational and logical people... yes

Unfortunately insurance companies are run by useless twats

Don't sit on the fence like that Gary, tell what you really think!!

DaffyDuc · 01-08-2013, 09:47 PM

About three years ago I was renewing my multibike insurance and had to go look at what security was on the bike (make etc), took time but I guess once you know it's easier the next time. I then decided to see how much for it was if I had no security on any of the three. That's no immobiliser, alarm, padlocks, disc locks nothing. It put it up £10 - £15. I now don't declare any security, pay marginally more and know I will not have the arguement about whether it was being used when some scrot made off with it. Incidentally I do use the security.

gary tompkins · 01-08-2013, 09:52 PM

I was quoted a 5% discount (£20) for a professionaly fitted alarm that would have cost £400

muppets

boris · 02-08-2013, 07:59 AM

When renewing the insurance on the good-ladys bike this year, again under the 'no argument' auspice, i un-declared the previously specified security measures. Outcome, no increase in the renewal premium quoted

Nickj · 02-08-2013, 06:02 PM

I have trouble (and a lot of fun) convincing them that having about 80 kilos of fang infested dogs (one big one and one little one) roaming around makes any difference to the security of my bikes.

Security systems... if they want it they'll have it no matter what you've done to make it safe.

03-08-2013, 02:41 PM

It seems odd that one insurer charges more for a security system whilst another (Carole Nash) supplies their DNA system free.

03-08-2013, 03:04 PM

Got a garage like Fort Knox as the previous owner of the house restored Lotus Élan's and usually had three knocking about. Camera's, secure door, deadlocks and alarm that almost requires a PhD to program. All this and both bikes with alarms, chains, ground anchors etc has no effect on the insurance as we live in a "safe" area!!!! WTF...

steeevvvooo · 03-08-2013, 03:29 PM

I don't declare any security, despite having multiple Almax chains and locks as well as other bits and pieces. I was told i would not be covered for theft if the security is not on the bike when it's stolen. I.e. I'd have the take the stupidly heavy chains and locks everywhere I go! How many people do you see going for a ride out, stopping off for a pint, and chaining everything up!?

DaffyDuc · 03-08-2013, 05:03 PM

Quote:

Originally Posted by steeevvvooo

I don't declare any security, despite having multiple Almax chains and locks as well as other bits and pieces. I was told i would not be covered for theft if the security is not on the bike when it's stolen. I.e. I'd have the take the stupidly heavy chains and locks everywhere I go! How many people do you see going for a ride out, stopping off for a pint, and chaining everything up!?

Exactly why I don't declare it, use same principal on house insurance, one of my husbands colleagues is having a tussle with the insurance company because his window locks were not in use and he has a discount for this. They entered the house through a door!

05-08-2013, 09:59 AM

I'm starting to think that I shouldn't have mentioned my Abus City-X lock when I insured my bike. When the renewal comes up (next year now) I think I may undeclare it and see what the net result is. Last thing you need is to have a knock-down/drag-out with the insurer when your pride and joy is pilfered by some TWOKer / gang 'n' a van.

Dukedesmo · 05-08-2013, 11:46 AM

Quote:

Originally Posted by DaffyDuc

Exactly why I don't declare it, use same principal on house insurance, one of my husbands colleagues is having a tussle with the insurance company because his window locks were not in use and he has a discount for this. They entered the house through a door!

Some years ago my TV aerial was struck by lightning which caused alot of damage to TVs and other electrical stuff.

The insurance company sent an assessor to check that I had the declared mortice locks on the doors and locks on the windows, presumably they wouldn't have paid if my locks were not right.

They didn't ask to see any of the damaged electrical equipment...

01-08-2013, 02:44 PM	#1
Martin696 Guest Posts: n/a	Tracker means my insurance goes up!? I've been looking at getting a Road Angel bike-trac system for my little monster... just called my insurance company and they're telling me if I do, my premium goes UP. WTactualF!? Their reasoning is that someone could nick the tracker!? We're talking £2 over a year, but still, really!? If the bike was nicked, surely that would increase the chance of it being recovered substantially, and therefore greatly reduce the chance of them having to pay out for a new bike?

01-08-2013, 03:11 PM	#2
gary tompkins 1/2 man - 1/2 pogo-stick Join Date: Aug 2002 Location: Dartford, Kent Bike: M900ie Posts: 7,241	If you were dealing with rational and logical people... yes Unfortunately insurance companies are run by useless twats __________________ GT Fully paid up member of the S.A.S. (Scottoiler Appreciation Society) 27,000 miles on original chain - and still going strong!

01-08-2013, 03:14 PM	#3
J.P No more Monster... Join Date: Jan 2007 Location: London Bike: Other Not a Ducati Posts: 4,326	I think they work on the basis that once nicked your bike is stripped so quickly the chance of recovery is fairly low, and getting anyone to bother to try and find it is also very difficult, so all you've done is spend more money and you still have no bike. __________________ J.JP ------------------------------- My Mum says, there's no such thing as Monsters.

01-08-2013, 03:26 PM	#4
bex Guest Posts: n/a	Speak to Ducati Insurance when you're renewing. They actually have brain cells. Tracker got my insurance significantly reduced. BikeTrac supposedly have a very good recovery rate. Last edited by bex; 01-08-2013 at 03:29 PM..

01-08-2013, 09:52 PM	#7
gary tompkins 1/2 man - 1/2 pogo-stick Join Date: Aug 2002 Location: Dartford, Kent Bike: M900ie Posts: 7,241	I was quoted a 5% discount (£20) for a professionaly fitted alarm that would have cost £400 muppets __________________ GT Fully paid up member of the S.A.S. (Scottoiler Appreciation Society) 27,000 miles on original chain - and still going strong!

01-08-2013, 09:47 PM	#6
DaffyDuc Registered User Join Date: Jun 2009 Location: Bath Bike: M800ie Posts: 119	About three years ago I was renewing my multibike insurance and had to go look at what security was on the bike (make etc), took time but I guess once you know it's easier the next time. I then decided to see how much for it was if I had no security on any of the three. That's no immobiliser, alarm, padlocks, disc locks nothing. It put it up £10 - £15. I now don't declare any security, pay marginally more and know I will not have the arguement about whether it was being used when some scrot made off with it. Incidentally I do use the security.

02-08-2013, 07:59 AM	#8
boris More Tools! Join Date: Jun 2004 Location: Forres Bike: Multiple Monsters Posts: 297	When renewing the insurance on the good-ladys bike this year, again under the 'no argument' auspice, i un-declared the previously specified security measures. Outcome, no increase in the renewal premium quoted __________________ Boris from Forres

02-08-2013, 06:02 PM	#9
Nickj Too much time on my hands member Join Date: Jun 2007 Location: Forest Of Dean Bike: S2r Posts: 3,196	I have trouble (and a lot of fun) convincing them that having about 80 kilos of fang infested dogs (one big one and one little one) roaming around makes any difference to the security of my bikes. Security systems... if they want it they'll have it no matter what you've done to make it safe. __________________ "The final measure of any rider's skill is the inverse ratio of his preferred Traveling Speed to the number of bad scars on his body." Song of the sausage creature

03-08-2013, 02:41 PM	#10
Geoff Ives Guest Posts: n/a	It seems odd that one insurer charges more for a security system whilst another (Carole Nash) supplies their DNA system free.

03-08-2013, 03:04 PM	#11
bluestoesonnose Guest Posts: n/a	Got a garage like Fort Knox as the previous owner of the house restored Lotus Élan's and usually had three knocking about. Camera's, secure door, deadlocks and alarm that almost requires a PhD to program. All this and both bikes with alarms, chains, ground anchors etc has no effect on the insurance as we live in a "safe" area!!!! WTF...

03-08-2013, 03:29 PM	#12
steeevvvooo Registered User Join Date: Aug 2008 Location: Bromley Bike: M1100evo Posts: 1,512	I don't declare any security, despite having multiple Almax chains and locks as well as other bits and pieces. I was told i would not be covered for theft if the security is not on the bike when it's stolen. I.e. I'd have the take the stupidly heavy chains and locks everywhere I go! How many people do you see going for a ride out, stopping off for a pint, and chaining everything up!?

05-08-2013, 09:59 AM	#14
turbohobbit Guest Posts: n/a	I'm starting to think that I shouldn't have mentioned my Abus City-X lock when I insured my bike. When the renewal comes up (next year now) I think I may undeclare it and see what the net result is. Last thing you need is to have a knock-down/drag-out with the insurer when your pride and joy is pilfered by some TWOKer / gang 'n' a van.