Do you have to report a stolen bike to your insurers?

[A500leroy]

As above really, if you just brought cheap bikes and the excess was more than the bike was worth do they need to know its been nicked if you dont claim off them?

[Brads67]

Why on earth would you?.
They would simply use it as a reason to screw you stupid. If the bike ever turns up say it was in storage and you never even knew it was missing.

Just don't tell them. Ignore the loss. Oh and ignore the following bleaters about legal this and illegal that.

[MrGman]

When I rang up to inform my insurance company my two bikes had been stolen, I was asked if i wanted to make the claim as most people don't these days.

I asked if the people that told them but didn't claim had to notify the insurance come renewal, I was told they don't as there was no claim despite the insurance company knowing their bike had been stolen.

[Ed.]

There is the annoyance that your policy may have to pay out if your stolen bike damages third party property.

[dibblecorse]

MrGman said:

When I rang up to inform my insurance company my two bikes had been stolen, I was asked if i wanted to make the claim as most people don't these days.

I asked if the people that told them but didn't claim had to notify the insurance come renewal, I was told they don't as there was no claim despite the insurance company knowing their bike had been stolen.

Then they told you a load of bks, the standard proposal from question is:

Have you or any named driver suffered any accidents, claims, or losses in the last x years?

You can't answer no to that, whether you do however is up to you, but you are lying.

[MrGman]

dibblecorse said:

Then they told you a load of bks, the standard proposal from question is:

Have you or any named driver suffered any accidents, claims, or losses in the last x years?

You can't answer no to that, whether you do however is up to you, but you are lying.

I don’t doubt that for one second.

Since making a claim I’ve had so many uncertainties and no one can seem to answer most of them, keep getting told different things depending on who I speak to.

[black-k1]

It's the "connections" that would worry me.

If you don't tell your insurance company do you tell the police? If you don't tell the police then the thieving little scrote has got away with it completely ... for ever!
Do you cancel your policy after the bike has been stolen? If not the your insurance pays for any damage the thieving little scrote does.
If you later claim for a "decent bike" being stolen are the insurance company going to pay as reporting the first bike to the police (assuming you did) but not declaring it on the proposal form means you told porkies!

[dibblecorse]

black-k1 said:

It's the "connections" that would worry me.

If you don't tell your insurance company do you tell the police? If you don't tell the police then the thieving little scrote has got away with it completely ... for ever!
Do you cancel your policy after the bike has been stolen? If not the your insurance pays for any damage the thieving little scrote does.
If you later claim for a "decent bike" being stolen are the insurance company going to pay as reporting the first bike to the police (assuming you did) but not declaring it on the proposal form means you told porkies!

Loads of potholes on non-disclosure.

Your contract of insurance will state quite clearly your responsibility to report a loss or potential loss, any new insurer and your own at renewal will ask the same question I mentioned above.

I get the car dented / bike dropped, only me involved, smart repair or a couple of hundred for levers pegs, keep that to myself more than likely but a stolen vehicle has the potential to royally bite you on the backside at a later date.

Also if the vehicle is not reported it can carry on free from any potential ANPR flagging or Police awareness and be busy racking up points causing havoc etc which will come back to your door and then you will want to use the 'it was stolen' defence, then the questions start, your current insurers potentially cancel your policy for breach and you than have to declare a theft and the fact that you have had insurance cancelled.

(Not aimed at you Black-K1, although may appear that way as quoted you, just a general response)

[Prof Prolapse]

Yes, morality aside for a moment, it would be very sensible to report it because of the repercussions if they did find out.

You are under contract to report a stolen bike to your insurance company. If you don't declare it either at the time of the incident, or when undertaking a new policy, you are violating the terms of your agreement, and risk them refusing to pay out to anyone but a third party in the event of a claim.

Morality no longer aside, I don't get the "anti-insurance company" agenda, some folk have here. To me it's perfectly simple, as a grown man when I give my word to do something, for as long as the other party honours their side, what right do I have to not to honour mine? I may have played fast and loose with this sort of thing as an ignorant teenager, but now... Jesus, withholding information information or lying to insurers at the risk of having only third party cover? It's "a bit fking council" is it not?

[dibblecorse]

Prof Prolapse said:

Yes, morality aside for a moment, it would be very sensible to report it because of the repercussions if they did find out.

You are under contract to report a stolen bike to your insurance company. If you don't declare it either at the time of the incident, or when undertaking a new policy, you are violating the terms of your agreement, and risk them refusing to pay out to anyone but a third party in the event of a claim.

Morality no longer aside, I don't get the "anti-insurance company" agenda, some folk have here. To me it's perfectly simple, as a grown man when I give my word to do something, for as long as the other party honours their side, what right do I have to not to honour mine? I may have played fast and loose with this sort of thing as an ignorant teenager, but now... Jesus, withholding information information or lying to insurers at the risk of having only third party cover? It's "a bit fking council" is it not?

Ha ha ha, I was trying to get the same message across in a more subtle way, but like your style ...