Bimota Forum

philfingers · Posted: Wed Jul 25, 2012 1:41 pm Post subject:

just added my YB11 on yesterday to Peter James policy, £37 fully comp including admin fee, scandulous!
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03 YB11, 03 Aprilia RSVR Edwards, 94 Ducati Superlight III, 95 Honda NC30, 04 Ducati 999S, 91 kawasaki KR1-S C2, 91 Ducati 851 USD Strada, 89 ZXR750H1, 90 ZXR400H1, 205 16v Rally Car, A6 2.7TDI Avant, STM R1 engined Phoenix

2bims · Joined: 03 Apr 2010 Posts: 7314

philfingers · Posted: Wed Jul 25, 2012 3:08 pm Post subject:

it's illegal to insure one vehicle more than once. I'm surprised they didn't pick up on it as the inurance database would probably flag it up now
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03 YB11, 03 Aprilia RSVR Edwards, 94 Ducati Superlight III, 95 Honda NC30, 04 Ducati 999S, 91 kawasaki KR1-S C2, 91 Ducati 851 USD Strada, 89 ZXR750H1, 90 ZXR400H1, 205 16v Rally Car, A6 2.7TDI Avant, STM R1 engined Phoenix

2bims · Joined: 03 Apr 2010 Posts: 7314

Only illegal to claim off both insurances, never an issue when they are entering the details themselves for the first time. believe me, I know Insurance. One insurance policy may only cover a certain value and the second one kicks in for the reamining value, you can have as many policies as you like, as for life insurance etc. Only when theres an accident or theft can you not claim for the same loss from the 2 policies.

Besides for the sake if the remaining 2 weeks or so you could have cancelled the old insurance, for that they don't charge an Admin fee. Was just meant as an aide for the future and others, to add a bike is peanuts, but the admin charge is often more than the extra premium, whereas on a new policy at renewal time, no admin charges