Quote:
Originally Posted by bremalynchance
And what's worse is that once they pay out, you have to take out a new policy and pay again. Happened to a friend of mine who had his bike stolen. He got a new one then had to buy another insurance policy for it.
That was £800 for old policy, then £500 excess, followed by over £800 to insure his new bike.
Thieving b*stards
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Unfortunatly you cannot generalised like that, it varies between Insurance companies. As most people will know, I've recently had my 1098 Tricolore written off. My Insurance company, Norwich Union through Ducati Insurance, have just paid for a brand new one. My policy is still in force and the only charge levied was a £28 admin. fee to substitute one bike for the other.