Bike Insurance - No Claims Question?

[jdwoodbury]

I was wondering if anyone on this forum could offer some advice in relation to bike insurance. I have been riding for nearly 7 years on a company policy (named rider with own bike), i now would like to transfer this to a private policy. I am struggling to find an insurer that will accept this as any no claims (even with a letter from the broker), hence my insurance is quite expensive.

Has anyone got any experience of trying to do this and any companies that you can recommend.

Regards,

JD

[Fats25]

I cannot answer directly - but I remember when using confused, gocompare, tesco compare etc to get my previous quote, one of the questions re no claims asked if it was related to previous vehicle, or company policy.

[Ballon]

Have just spoken to a mate who is the motor underwriting manager for a large UK insurer.

The form is that you need to get a letter from the person at your comapny who ran the motor fleet or is in charge of company insurances. They must state that you have been covered under the comapny scheme for xx years and that you have been claims free for that period.

You should then be entitled to 3 - 5 years NCB depending on the company.

Hope this helps.

[jdwoodbury]

Thanks Ballon, as my Dad is the MD of the company hopefully he will sort out a form for me

The problem is my broker seems to think that as its a trade policy I can't move this across, looks like I need to speak with another broker.

[SVS]

Hi there,

You don't have a No Claims in the true sense. However, some insurers will give consideration to no claims on a company policy, providing a similar discount. They will require written documentation from the company to prove you've had no accidents/not claimed on the company policy. Your best bet is to phone round several insurers - the internet isn't your friend for this one.

Of course, all the usual insurance discounts would be valuable too (good bike security, advanced training, etc).

Good luck!

[slim_boy_fat]

I know direct line do/did this for car drivers, no idea if they do bike insurance. You might find the borkers who entertain you will be expensive anyway.