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Check what your policy covers
Posted: Tue May 16, 2006 4:56 pm
by photomike666
Just got off the phone from QBE, and I'm now not a happy bunny.
My policy covers NO kit what so ever. No hat, no gloves, no boots and no leathers. They're all considered personal effects and are not covered under any of their insurance policies unless stated as additional items.
They also informed me that if the bike is written off and I want to buy it back, I have to go to auction and bid on it.
Makes me wonder exactly what I have been paying $1000 a year insurance for.
Re: Check what your policy covers
Posted: Tue May 16, 2006 4:59 pm
by Stereo
photomike666 wrote:
They also informed me that if the bike is written off and I want to buy it back, I have to go to auction and bid on it.
Thats pretty standard....
Posted: Tue May 16, 2006 5:01 pm
by ZZRCHIKKY
mine arnt coverd either , but i supose thats what ya get when ya dont have insurance
i dont like the idea of insurance, if u saved up the money u spent on insurance u could just fix it when the shit hit the fan
Posted: Tue May 16, 2006 5:20 pm
by FoxyZX6R
try the racv mike
like i said the other nite, they will cover your gear if its included on the inital claim (helmet up to $500)
im paying just over a thou a year and they even cover my sports pipe and gear plu if im more than 100ks from home theyll ship me and the bike back for free. oh and they gave me a rating one for life
Posted: Tue May 16, 2006 5:58 pm
by Lainie
You pay that much a year
I was stressing bout the FJR and the $800 a year
hmmm will have to look into now thanks Mike
Posted: Tue May 16, 2006 6:05 pm
by Zombie
ZZRCHIKKY wrote:i dont like the idea of insurance, if u saved up the money u spent on insurance u could just fix it when the shit hit the fan
Thats fine if you just got your repairs to do, but what happens when you have to pay someone elses repairs aswell? Thats a lot of shit hitting the fan.
Posted: Tue May 16, 2006 6:06 pm
by Shifty
Working in the industry, I've been telling people to look at their policies for years... but most people seem happy to save $50 an end up with a product they don't want or don't understand.
Most policies will cover helmet as a minimum, but it will be covered often as an accessory in the same manner as your gear rack... so it forms part of your vehicle sum insured.
Other riding gear is optional and not covered - the same as whatever you were wearing in a car accident will not be covered.
Posted: Tue May 16, 2006 6:12 pm
by ZZRCHIKKY
thats what 3rd party does , that compolsary
Posted: Tue May 16, 2006 6:17 pm
by Lainie
Zombie wrote:ZZRCHIKKY wrote:i dont like the idea of insurance, if u saved up the money u spent on insurance u could just fix it when the shit hit the fan
Thats fine if you just got your repairs to do, but what happens when you have to pay someone elses repairs aswell? Thats a lot of shit hitting the fan.
I agree with Zombie cause I know that if you hit the FJR for example and you turned round and said to me oh well I can't fix it cause I have no insurance. I am telling you shit will hit the fan and your head will follow
Third Party ::
That does not cover property it's personal injury......
Posted: Tue May 16, 2006 6:18 pm
by ZZRCHIKKY
well i just wount run into anybody
Posted: Tue May 16, 2006 6:26 pm
by Johnnie5
ZZRCHIKKY wrote:well i just wount run into anybody
famous last words
Posted: Tue May 16, 2006 6:35 pm
by ZZRCHIKKY
lol
Posted: Tue May 16, 2006 6:36 pm
by MrStompy
ZZRCHIKKY wrote:mine arnt coverd either , but i supose thats what ya get when ya dont have insurance
i dont like the idea of insurance, if u saved up the money u spent on insurance u could just fix it when the shit hit the fan
Nice idea in theory but i bet you dont actually save the insurance money...
at a minimum you should have 3rd party insurance so if you do smash into someone elses car/bike they are covered.
you dont want to be paying for someone else mercedes for the rest of your life. plus - that level of insurance isnt that expensive.
Posted: Tue May 16, 2006 6:39 pm
by diesel
Zombie wrote:ZZRCHIKKY wrote:i dont like the idea of insurance, if u saved up the money u spent on insurance u could just fix it when the shit hit the fan
Thats fine if you just got your repairs to do, but what happens when you have to pay someone elses repairs aswell? Thats a lot of shit hitting the fan.
amen to that.
ur bike can slide a long way when u come off.
it could hit a brand new honda accord parked on church street, and cause $5,000 damage. and then get some tool tryin to get cash outta you by basically bein a dodgy bastard.
it could happen.
Posted: Tue May 16, 2006 6:42 pm
by ZZRCHIKKY
yer it slids along way so i can just pretend thats not mine
no seriousaly, im getting proper 3rd party as soon as i can aford it