Bike insurance - theft, beware!

[atomant48]

after the previous chat about cost of bike insurance renewal I managed to get a far better quote (oddly when I added a non-fault accident in my car from last year the premium came down another £54!).

Anyway, the interesting thing I found is a clause which says basically if the bike is stolen from within 500m of my house it will not be covered for theft. I asked them to clarify - like if I stop at the corner shop on my way home for some milk and it gets stolen etc or if I arrive home and park in the driveway before putting it away later, as I often do. She confirmed none of these would be covered, and when I had a look it is a common clause.

Anyone else aware of it or come across it before?

 

[cumbriasteve]

Is that not just a case of you have claimed the bike is garaged which in effect gives a lower premium, so not garaging it is making that declaration void.

That's how I read into it anyways.

 

[Robotstar5]

Mine allows me to park on the drive outside the house during the day, but it has to be locked in the garage overnight.

 

[BrokenBiker]

my last policy allowed me to park it on the road at home but a theft claim would only be covered if i could prove it was chained up to something substantial, which in my case was a lampost, but as i gained more and more bikes (5 at one point) i ended up with different policies for them all and i can remember one of them having a similar clause so i kept that one in my fathers garage as it was more secure plus its 5 miles form me so covered outside of the 500M rule

 

[atomant48]

Is that not just a case of you have claimed the bike is garaged which in effect gives a lower premium, so not garaging it is making that declaration void.

That's how I read into it anyways.

Yep I think that's it, but how many times does anyone stop 500m from their house - visiting friends or whatever, or park in their driveway during the day? I could understand if you have said it is in a locked garage at night, but anytime seems a bit restrictive.

At least I'm reasonably confident of my neighbourhood - most of he neighbours are 80+!!

 

[BrokenBiker]

At least I'm reasonably confident of my neighbourhood - most of he neighbours are 80+!!

good target for out of towners then?

id rather know who the likely lads are than assume they arent there...atleast that way you know who to slap first when it eventually happens...

that said, i have grown up and lived in the less desirable parts around here most of my life so im a bit cynical...its not too bad where i am now apart from the wannabe gang land drug dealers in their focus ST...

 

[Martylee]

My insurance states that at my home address it must be locked in the garage at all times .. rubbish really but they where reasonably priced as it is my first bike ..

 

[BrokenBiker]

My insurance states that at my home address it must be locked in the garage at all times .. rubbish really but they where reasonably priced as it is my first bike ..

thats a bit restrictive...if you came home from work and lef tthe bike outside for half hour while you had a cuppa befor going out again and it was nicked then you wouldnt be able to claim for it.

i think i would rather pay more for the extra cover, but then again i dont know what you ride or how much its costing. i can insure pretty much anything quite cheap now so i just go with the company that looks best at the time

EDIT* just noticed your profile pic, so i assume you ride a cbr 600?

 

[Martylee]

thats a bit restrictive...if you came home from work and lef tthe bike outside for half hour while you had a cuppa befor going out again and it was nicked then you wouldnt be able to claim for it.

i think i would rather pay more for the extra cover, but then again i dont know what you ride or how much its costing. i can insure pretty much anything quite cheap now so i just go with the company that looks best at the time

EDIT* just noticed your profile pic, so i assume you ride a cbr 600?

Yeah I do have a cbr 600 ..
At the time of insurance money was tight and they where the better company out of the ones I could afford.
It is annoying really but will do for now

 

[BrokenBiker]

what year is it? i had a 2002 600f and a 1999 rr at various times, learnt on a cbr125 and then bought a cbr400rr after that, crashed it and bought a bandit 1200 lol. bought the 600's as a way to calm down a bit but didnt work

 

[Martylee]

A 2000 plate last of the carb models I believe .. absolutely mint condition but just noticed it's holding back at 7k so gonna have a look tonight if I don't drink this box of thatchers

 

[BrokenBiker]

A 2000 plate last of the carb models I believe .. absolutely mint condition but just noticed it's holding back at 7k so gonna have a look tonight

does it splutter at 7k or just die off? my 600f was a sod to get going off the line, it just used to splutter until about 4k and then take off...carbs needed a good clean and a balance and i put some crank breathers on it too and was fine after that

if I don't drink this box of thatchers

im at the bottom of a bottle of wine and waiting for a taxi to take me to the pub for my cousins 19th...i say keep drinking lol

 

[Martylee]

Lol! It's fine up too 7k then splutters up too around 9k then it's fine :/

 

[atomant48]

good target for out of towners then?.

Mate they all note down and question anyone or any car which is not from the neighbourhood. Proper curtain twitchers, but it gives us a lot of security.

rubbish really but they where reasonably priced as it is my first bike ..

Mate that's a lot of bike for a first go. Take it easy. I had a 2000 ZX6R years ago - pretty similar but I seem to remember the CBR was a bit less "racy" in the seating position. They were all good bikes - before the 600s became a little bit too race orientated for my liking.

 

[Martylee]

I have a zx6r in the garage aswell lol..
Definitely more racey..I don't ride with anyone else .. just on my own as I haven't been riding long ..
R1 coming in the next couple of weeks ... not mine just gotta look after it for a mate lol

 

[ajlelectronics]

RH requires garaging overnight, not during the day. Perfectly reasonable.

 

[Country Joe]

RH requires garaging overnight, not during the day. Perfectly reasonable.

What's "RH"?

 

[Country Joe]

I've just got insurance for a 53 reg 900 hornet, but I don't remember any clause about it being thieved close to home.
But I haven't read it, so not surprising, I suppose.

But I'm going to have a look, now!

All the Best,
CJ

 

[ajlelectronics]

RH Insurance only do classic bikes sadly.

 

[Farside]

after the previous chat about cost of bike insurance renewal I managed to get a far better quote (oddly when I added a non-fault accident in my car from last year the premium came down another £54!).

Anyway, the interesting thing I found is a clause which says basically if the bike is stolen from within 500m of my house it will not be covered for theft. I asked them to clarify - like if I stop at the corner shop on my way home for some milk and it gets stolen etc or if I arrive home and park in the driveway before putting it away later, as I often do. She confirmed none of these would be covered, and when I had a look it is a common clause.

Anyone else aware of it or come across it before?

I queried this of my insurer last year - if I'm out and back and park up in front of the house, it's covered. But overnight, it must be indoors.