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?
No sense. Just like my premium is cheaper if I leave the car on the drive overnight rather than put it in the garage!
I'm thinking I'll still get it done though - then if my bike does get nicked, there's a better chance I'll get it back, which is what I'd prefer over having to argue with an insurance company. I would assume also there would more chance the thieving scrotes would be caught with it too and dealt with appropriately (well, maybe not appropriately, more like get a bit of a telling off).
Insurance companies drive my flippen mad. I moved from one area to another bit nicer area and went from street parking with disc lock and chained with a cover to off road behind gated drive in a brick garage, attached to the house that you can not open from the outside, still locked etc in the garage and my insurance went up, not a great deal but you'd think it would go the other way.
Yeah, it seems like insurance premiums, petrol prices, and my waist size are three things that totally disprove the "what goes up must come down" theory.
I`ve noticed that sometimes my policies are cheaper if my other half is named on the policy but sometimes they are dearer, how can that work ?
A friend had a tracker fitted to his Audi Q thing, it got nicked and the police recovered it relatively quickly. Two years later when he came to sell it nobody would offer a P/X, he couldn't understand why until one dealer said "it's on the DB as a stolen recovered". He'll never fit a tracker again.
I have had to fit a Tracker to my car to get it insured-thing is, my Police force has taken all the Tracker detection gear out of their traffic cars, I'm told, so it'll have little benefit!
Get a tracker you can check yourself, then you dont need to report it and can deal with the situation yourself... seems like its the only way these days, you do what you can to do things the right way and all that happens is you get bent over and shafted in the a**e
I had this once, somebody drove into the back of my car whilst I was in it. Getting a new quote the following year I check to see if this non fault claim was going to change. With the claim as my fault was actually cheaper than not my fault???? I can concur insurance is f@£$ed up!
Following the theft of one bike, I put a tracker on the other this week. I paid my money to the dealer and then went online to register it. I then had to shell out another £100 for the first years sub. I really thought that was included in the near £300 price of the thing in the first place
Nope. How much did the fitting cost if you don't mind. I know they provide peace of mind that the bike can be tracked, but cost vs savings, i dont know if I'm going to get another alarm instead.
I think I was charged standard labour costs to be honest, but this was all done when the bike was apart having the reg/rec fixed. The cost of the sub, doesn't outweigh the insurance savings. However, the chances of getting it back are much much better :smile:
Their logic is probably that if you think it needs a tracker you are actually saying that you think there's a good chance that it will be nicked... Insurance companies just make things up as they go along - and very rarely make sense...
It's true. Whilst my bike was going through it's PDI the dealer was waiting to see if I was going to install a tracker whilst all the fairing was off etc. I spoke to my insurance broker, asked what the saving was and there wasn't a penny. So I decided to not to have it fitted and save the £400. The thing is, yes you run the chance of getting the bike back but I'm not sure I'd want it back if I'm honest. I took the view to get BTI insurance instead. So, if it gets nicked, there's no negotiating on the value of the bike and getting another bike which is of similar second hand value, it's a new one for me.
You're probably right... In thirty years of riding bikes I've had two nicked - both times they were wrecked when I got them back and I wished I hadn't seen them in that state... The only person I know who has had a stolen bike recovered and was happy about it was a mate who had a TZR250 nicked - it was recovered from a hedge with blood stains all over the top of the tank : just imagining which bit of the thieving scumbag had come into violent contact with the back of the tank cheered him up no end !
I called up Ducati Insurance and told them I had a tracker fitted...they then gave be a 10% rebate on my insurance quote for both bikes...baring in mind they have already paid out for the one that was stolen. I wasn't quite expecting that
I tried Ducati Insurance when I was trying to get cover for mine. They were offering a free tracker if I insured with them. However, their premium was £2,500!! lol. Needless to say I could insure myself elsewhere, paid £400 for the tracker and still been £1,500 up on Ducati's deal.. I'm not knocking Ducati Insurance, they just felt insuring someone with zero no claims, hadn't ridden a bike for 24 years and was buying one the most powerful production bikes ever made was a little risky. Not sure what their problem was to be honest.
