Insuring a New Bike Question - Sorry!
Insuring a New Bike Question - Sorry!
Author
Discussion

TommyBuoy

Original Poster:

1,299 posts

198 months

Friday 13th April 2018
quotequote all
Morning,

Quick question - I'm meant to be picking up a brand new bike tomorrow, which is showing as registered on an HPI check so the admin has been done.

However, DVLA, and as a result insurance companies, are not picking the new registration up.

I can purchase from some companies as they only require a reg number as reference, but others require the reg number to identify the bike. Unfortunately, the lower cost (by some margin) is the company that requires the reg to 'find' the bike.

Would it be plausible to insure at the higher cost company, and when the DVLA finally update the system to cancel (within 14 days) and insure with the cheaper business? Other than spending a little more on an admin fee and days insured, would this make sense?

Or am I just making work for myself with no real benefit / run the risk of causing an issue down the line?

Advice appreciated! First dry day pretty much of the year tomorrow so would be a shame to miss it!


Danm1les

1,023 posts

171 months

Friday 13th April 2018
quotequote all
You should be able to give the insurance company the reg, and then they manually add in the details. This is what I had to do when I purchased a new car. I called them up a week or so later to double check and they confirmed the details now worked from the reg and the price didn't change.

TommyBuoy

Original Poster:

1,299 posts

198 months

Friday 13th April 2018
quotequote all
Thanks for your reply.

I ended up calling them and finally getting through - turns out they can just bypass the online system and manually input like you said.

Jumped the gun a little starting this thread...

LuS1fer

43,563 posts

276 months

Friday 13th April 2018
quotequote all
You do know that buying insurance the day before is a lot more expensive than waiting a few days?

dibblecorse

7,662 posts

223 months

Friday 13th April 2018
quotequote all
LuS1fer said:
You do know that buying insurance the day before is a lot more expensive than waiting a few days?
Why ?

LuS1fer

43,563 posts

276 months

Friday 13th April 2018
quotequote all
dibblecorse said:
LuS1fer said:
You do know that buying insurance the day before is a lot more expensive than waiting a few days?
Why ?
Don't know. I bought a car for my daughter and tried to insure it for the next day and it added £120 to the premium. Set it for two days later, Monday and back it came to what I was quoted before.
My daughter works for a well known insurance company and says this is par for the course - maybe less options to set it up?

sooty61

750 posts

202 months

Friday 13th April 2018
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Desperation means you will probably take what you can get as soon as possible so they can have a punt on screwing some more money out of you. It’s a bit like the flight quotes - if you come back it means you probably want to buy so they hike the prices up. They think they are being clever but all they do is pi$$ you off.