Insurance

[Craggyjim]

I've just moved house this weekend from Rawtenstall to Bury. At the old house the bike was kept out in the cold (and wet) in a public cark park locked to a lampost with an Almax chain. The new place has swanky electronic security gates and a nice bike very secure (and dry [img]style_emoticons/<#EMO_DIR#>/smile.gif[/img]) garage. It's a much nicer area but because of the BL postcode the insurance premium has shot up £300!!! That's more than double the original premium. GNNNARRR!!!

If I cancel the policy (after just over 1 month) I will lose about £150 quid from the old policy and then I have to get a new policy. If I "keep" the bike at the old address and it get's nicked from my new house I probably wouldn't be covered but then I think I would be very unlucky to get it stolen from the new place. However I should keep my third party cover when riding, no? (Insurance is only TPFT).

[TonyDevil]

<!--quoteo(post=184916:date=Tue 23rd Nov 2010, 11:08 AM:name=Craggyjim)-->QUOTE(Craggyjim @ Tue 23rd Nov 2010, 11:08 AM) <{POST_SNAPBACK}><!--quotec-->If I "keep" the bike at the old address and it get's nicked from my new house I probably wouldn't be covered but then I think I would be very unlucky to get it stolen from the new place. However I should keep my third party cover when riding, no? (Insurance is only TPFT).<!--QuoteEnd--><!--QuoteEEnd-->
be careful, insure co's are using any excuse to avoid paying out these days

[ChrisG]

Have you tried phoning around for some quotes? You might find the extra security of parking in a garage reduces the premiums enough with another insurare to make the £150 cancellation a bit more pallatable.

[tdm850rider]

<!--quoteo(post=184916:date=Tue 23rd Nov 2010, 06:08 AM:name=Craggyjim)-->QUOTE(Craggyjim @ Tue 23rd Nov 2010, 06:08 AM) <{POST_SNAPBACK}><!--quotec-->At the old house the bike was kept out in the cold (and wet) in a public cark park locked to a lampost with an Almax chain. <b>The new place has swanky electronic security gates and a nice bike very secure (and dry [img]style_emoticons/<#EMO_DIR#>/smile.gif[/img]) garage.</b><!--QuoteEnd--><!--QuoteEEnd-->
Have you called your agent and made sure they know that? I would try for the old rate.

[dapleb]

I moved to a new postcode. The first part remained the same as the old wan. The second part changed. The new second part was not shared with any other property. My insurance went up! I asked why and was told it was a higher risk area based on claims [img]style_emoticons/<#EMO_DIR#>/laugh.gif[/img] . Considering it was the safest place I had ever lived and had been owned by the same people for the past 50 years and they hadn't ever made any type of insurance claim I found that quite hilarious. After asking for further clarification (techincal name: badgering) and to speak to an undertaker...err I mean writer, they gave up.

[TKH]

A guy from work had an even worse experience, his insurance doubled. People on the same estate but a different post code didn't......

He was told that the number of write off and stolen claims had risen in that post code.