I said in in my first post on this forum that I had just done the 15T Sprocket mod and that I had also done the progressive fork spring mod some time before (about 2 months ago or so). After doing the 15T mod I started to worry whether my insurance needed informing as the mods may have invalidated my insurance. So this morning I rang my insurer only to discover that the 15T mod is no problem but that the non-stock springs invalidated my insurance !!!!! :mad:
It's just my particular underwriter. When I re-insure in 3 months time they will arrange another underwriter and my progressives will be covered, along with the 15T sprocket, at no extra premium cost :o
So I've just spent this Sunday morning changing out my progressives for the old springs and spacers >:( There is no way I would risk riding illegally as there is too much at stake (Bike, License, Money - not worth the hassle!).
But at least I've got plenty of experience doing the job! When I change them again in June I'm going to do the proper oil change job and put in the heavier oil.
So be careful when you mod and consider checking out the consequences with your insurer first.
bassman :embarrassed:
i dont understand how those can effect your insurance or why you would pull them back out. unless they pulled your bike apart they would have never known. not like they can look at your bike and say wow get him he is running aftermarket springs in the front of that bike.
I'm just unlucky that of all the underwriters that I accepted the premium quote from they're the one that has a problem with fork mods. The insurance agent told me that none of the others on their books have a problem. If I change insurer now I'll loose 1 years no claim bonus and three months of cover I've already paid for. If I continued to ride with the progressives under this policy then I would be uninsured. if I had an accident and the bike was either checked by an assessor or I was asked to declare the bike was completely stock I'd be out of pocket and open to prosecution. That's life, innit - you pays yer money and yer takes yer chances! Well I've paid 'me money and I aint taking no chances!!
Just a bit unlucky - I'll get over it ;)
Its the norm here in the UK. The insurance companies work off statistics and statistically people who carry out mods make more claims than those who dont. Therefore if you do a mod, no matter what it is you become a higher risk in their view........ Its not what you do, its the fact you do it that bumps up the cost. Insurance companies are not bothered until they have to pay out and if the bike is examined following a serious accident and the find out you have been naughty and not told them something.....well, you are on your own.
It sounds to me like the insurance companies have a lot of wiggle room to deny a claim. A 14-tooth sprocket invalidates your liability coverage? That's just insane.
Soon they'll want to do a full-body inspection including a manual orifice inspection. Those with warts on their right ass cheek will be denied insurance, as statistics show they drive faster.
Quote from: joshr08 on March 29, 2009, 06:10:33 AM
i dont understand how those can effect your insurance or why you would pull them back out. unless they pulled your bike apart they would have never known. not like they can look at your bike and say wow get him he is running aftermarket springs in the front of that bike.
Sorry I think they can ... muhahaha ...
Cool.
Buddha.
Just popped out to the shops on the bike. Those stock springs are Sh*te! They're so soft after the progressives >:( They're so bad I've decided I'm going to do a fork oil change (the heavier weight) in the Easter holidays :technical:. Then, when June comes and I renew my insurance, I'll fit the new springs without having to change out the oil.
I don't mind a bit of wrenching. I love watching 'American Chopper' and would love to have a go at welding!! I ought to get a life really...
bassman
Quote from: joshr08 on March 29, 2009, 06:10:33 AM
i dont understand how those can effect your insurance or why you would pull them back out. unless they pulled your bike apart they would have never known. not like they can look at your bike and say wow get him he is running aftermarket springs in the front of that bike.
That is probably both the worst mistake, biggest waste of money, and bar-none, the stupidest piece of advice I've ever heard. Think of it this way: you don't tell your insurance about your mods. You get in an accident. They investigate, find out about your mods, and then disclaim insurance for failure to identify parts that impacted on the accident. Now, you're out what you paid for your insurance, AND you're uninsured. Brilliant plan. Why don't you just ride without insurance and send me a check, instead?
What chance do you think there is that your insurance wouldn't disclaim your accident if, say, your SHOCKS were not stock, and your accident had to do with braking distance? You prepared to argue your shocks don't affect stopping distance? Good luck.
im really getting sick of your attacks on me. leave me alone
It really is crazy I mean you made your bike safer and better handling/braking, they ought to throw you a dam party. How I long for the old days of the Empire.
Granted, I think its ridiculous that they would invalidate your insurance over an upgraded safety feature, they have every right to do business with you or not based on whatever they want. With that said if you canceled your policy and found another they would send you a pro-rated refund, you don't just lose it. Food for thought.
Allstate and Progressive have been great to me.
I use Progressive currently and carry just above state minimums for TN and pay $131/yr...and they've said that as long as the upgrades aren't illegal the bike's covered.
BODILY INJURY & PROPERTY DAMAGE LIABILITY $39.00
BI $25,000 EACH PERSON - $50,000 EACH ACCIDENT
PROPERTY DAMAGE LIABILITY - $15,000 EACH ACCIDENT
UNINSURED MOTORIST BODILY INJURY $57.00
$25,000 EACH PERSON/$50,000 EACH ACCIDENT
UM PROPERTY DAMAGE $15,000 LESS $200 DEDUCTIBLE $9.00
MEDICAL PAYMENTS $1,000 EACH PERSON $26.00
Premium by Vehicle $131.00
That's with a MSF, multiple policy, and no claims/moving violations discounts.
Don't give bad advice and I won't attack you. If someone follows your advice and gets mangled and ends up with no coverage, apart from illegally practicing law without a license, you're arguably also liable for your bad advice. I would do the same if you advised someone bathe with a toaster, for instance...
I have progressive, and they asked me if I had any non-stock equipment on the bike when I set up the account. I think on my last one they asked for specifics, but not on this one.
Lawman... chill. This is NOT an official source of legal advice. It's a place where people can share their OPINIONS. Nothing more, nothing less.
Also, it would be wise to get MORE facts about a situation before running your mouth off... I live in Massachusetts, home of the insurance Nazi's. But NONE of the insurance companies EVER asked me or my family regarding aftermarket addons. Why? Because they don't INSURE them. When my '04 R6 was stolen, I had about $1500 in mods on the bike. I had kept receipts for half those. But the insurance company didn't care... All they cared about was the value of the BIKE itself. That's it.
I 100% agree with Josh's statement... Besides... how are THEY gonna know if the springs are stock or aftermarket? That'd mean the insurance adjuster would have to bring his/her toolkit and start a teardown of the bike. On top of that, they'd have to be able to recognize the different springs inside the fork.... My guss is that the springs won't have a large yellow sticker stating that it was from XYZ company.
The only thing Progressive asked me pertaining to mods was if I had modified the frame or had a nitrous set up.
These are two different countries we're talking about, and to make it more complicated, insurance regs vary from state-to-state here in the U.S. Never mind that, let's fight about it anyway.
Why an underwriter wouldn't want to cover a bike with improved suspension makes no sense, but we're talking about runaway bureaucracy. Expecting it to make sense is illogical.
Quote from: annguyen1981 on March 29, 2009, 08:10:34 PM
Lawman... chill. This is NOT an official source of legal advice. It's a place where people can share their OPINIONS. Nothing more, nothing less.
Also, it would be wise to get MORE facts about a situation before running your mouth off... I live in Massachusetts, home of the insurance Nazi's. But NONE of the insurance companies EVER asked me or my family regarding aftermarket addons. Why? Because they don't INSURE them. When my '04 R6 was stolen, I had about $1500 in mods on the bike. I had kept receipts for half those. But the insurance company didn't care... All they cared about was the value of the BIKE itself. That's it.
I 100% agree with Josh's statement... Besides... how are THEY gonna know if the springs are stock or aftermarket? That'd mean the insurance adjuster would have to bring his/her toolkit and start a teardown of the bike. On top of that, they'd have to be able to recognize the different springs inside the fork.... My guss is that the springs won't have a large yellow sticker stating that it was from XYZ company.
More bad advice. Anyone reading this thread now or in the future should be very, very careful about failing to tell their insurance company if they've modified their bike.
Owners might see progressive springs and suspension/braking upgrades as a "safety improvement" but thats open to conjecture. All the insurance companies see is a modification from stock and I cant see things being much different in any other developed country. If they thought these mods improved the safety of the bike wouldnt they be willing to reduce the premium in reflection of the fact the bike is now "safer"?
If your bike is stolen and not recovered they will never know about any undeclared mods but if the bike is involved in a serious and/or expensive accident things are different. Here in the UK it will be siezed as evidence, carefully examined and possibly taken apart by Police accident investigators and VOSA Forensic Engineers, every component will be checked in an attempt to find out what caused the accident and if the bike itself was unroadworthy at the time. Its not uncommon for the manufacturers to get involved in case any blame lies with them in the form of component failure or assembly issues. If there are any non stock mods or substandard components fitted they WILL find them and this is when the insurance company finds out you have been a naughty boy and not told them about your mods. This is also when they will probably refuse to honour any claims and YOU find yourself without insurance cover and way up sh**creek sans paddle! I dont know how it works in the US but I would be very surprised to hear that a similar procedure did not apply.
Some interesting articles on the subject...........draw your own conclusions and do your own thing.
http://www.devittinsurance.com/bikerzone/articles/modifications.html
http://www.motorcyclenews.com/MCN/News/newsresults/mcn/2007/October/october23-30/oct3107insuranceclaimsrefusedbecauseofmodifications/?&R=EPI-96706
I have to admit that Sledge and Lawman have valid points.... insurance companies in Europe have a very different approach to the business than we are familiar with here in the US. Opinions such as "they'll probably never notice" are uninformed and misleading... and as givers of opinions, we should respect the information given to us by our overseas friends as they are more familiar with the insurance practices of their countries, and not offer advice that may encourage others to run afoul.
:thumb:
Insurance companies want to be told about mods primarily for the cost factor. They don't want to insure a stock bike for (example) $500 insurance and find out you crashed and had $2000 in mods that you expect them to replace. If they knew you had the mods your insurance may be 10% higher or something. That's where the real issue lies, not in the safety factor. They'd replace the stock value of the bike but not the extras.
As for them saying it's a safety issue is pure BS. There's too many other factors regardless. What if your tires are worn to 50%. Sure they're still within spec but hey they're not as safe as new tires. Maybe they wouldn't process your claim in an accident! They have to.
With the insurance companies it's all about the $$$$.
Quote from: toronto_moto on March 30, 2009, 07:41:19 AM
With the insurance companies it's all about the $$$$.
Why yes... yes it is...
Quote from: toronto_moto on March 30, 2009, 07:41:19 AM
With the insurance companies it's all about the $$$$.
Arent all companies in it for the $$$$? :D
Here in Florida when I bought my bike through progressive they said do what you want with it within state requirements. All we pay for is what came on your bike from the dealers floor.
Same thing with my car and Esurance. They would cover the price to replace a stock stereo but not the one I put in it. Which honestly turned out to be more expensive then my aftermarket. The adjuster was cool on that but had to argue that a headliner on a convertible is not aftermarket?!? For the car I can pay extra for each $1500 in mods think it would be $10 extra a month.
Just my two cents but I don't think any insurance company would see anything as a "safety feature" on a bike if it was then the maker should have included it. Kinda like a car air bags are standard safety equipment. If progressive springs were that much more safe then suzuki should have put them on it! My .005 cents too broke for two cents! Just looked at the bank account sorry didn't want to over draw!
Mary
Ride to work and back today mushy :cry:. The fork oil level is almost certainly too low after the 'fork spring fiasco'! If the weather holds I'm gonna have to pull the forks this weekend and get some heavier oil in there and up to the right level. I've got to learn to do it one day - so why not sooner rather than later? :cool:
bassman
geico never asked me if I modded my frame/tail fairing/Sprocket/rear shock/front springs and so on... Do I care no If the bike is wrecked tuff shaZam! the bike is gone so get a new one. I pay so I can ride with out looking out for a cop. If i didn't like riding where cops love to sit and watch I would say screw insurance but now they are reporting non insured people and suspending their registration ass holes.
Mach1, I'm no fan of the insurance racket either, but riding without insurance is really screwing everyone else if something happens to you. Someone has to pick-up the bill. If it's not your insurance company, it's the rest of us.
We would all pay less if everyone carried insurance, but many don't, so insurance companies spread the cost out over all of us. No, it's not fair. Prosecuting un-insured motorists would be fair, but our government doesn't want to do it because most of them would be deported, as most are illegals. They don't want to throw the illegals out because they want to grant them citizenship so they can use their votes to cram more socialism up our asses.
Wow, reading through this I can't help but think a lot of people really have no idea about their insurance. Have you read your insurance contract or the PDS? I'm yet to see one that doesn't have something along the lines of if you don't notify them of any modifications then the insurance can be considered invalid. So a paint job, which has absolutely nothing to do with the bikes performance, is enough for them to refuse a claim and declare the insurance invalid. While this may not seem fair or right it is what was the insured person agreed to and they are the ones who failed to follow the agreement.
As to the argument of but it makes the bike safer, that is totally irrelevant when it comes to insurance. While many performance modifications can make a vehicle safer, history tells insurers that people don't get them for safety, they get them so they can go faster and are more often involved in accidents than people who do not upgrade to the safer option. So it makes perfect sense for them to expect to be told about all modifications and to deny insurance or increase premiums because of them.
Here in MA, we've got a yearly SAFETY INSPECTION that is required. If it doesn't pass the safety inspection, it isn't road worthy. Insurance companies don't CARE about the safety aspect of it all.... that's what the state inspections are for.
All the insurance companies care about is the fact that they do NOT wanna be paying for aftermarket parts on ANY vehicle unless YOU insured them. That's why my insurance company didn't give me any part of the $1500 that I spent in mods on the previous R6... which is fair considering I didn't pay THEM to insure those items.
Florida you don't even have to have insurance! You do have to have medical to not wear a helmet. And there are no inspections either.
In my insurance it covers accesories up to $3,000. I didn't even realized I had it until I took a closer look lol. It is also covered if a missle hit it whew I was worried about that one! My insurance does not require me to report paint changes etc. Just change of address along those lines. And I don't think I'll ever do $3,000 in upgrades?
My biggest suprise is how much they do cover and how little I technically have to report! This is Progressive and in Florida and only $33 a month.
Mary
The sky is fallilng, the sky is falling, the sky is falling!
Where would this asinine trane of thought stop? Your bike or auto or commercial truck or whatever needs replacements for wear parts. That includes almost everything and certainly shocks, springs, brake pads, oil filters, fluids, tires and on and on and on. So, I mod my bike by using Avon tires instead of OE 'stones; or by using aftermarket brake pads, or oil filter or RaceTech springs or Amsoil Shock Therapy fork oil. Can they deny coverage based upon such? When my insurance asked if my bikes are modified, I tell 'em what I've done. Now, the other side of the coin can show too. Put a front end on your bike that was salvaged from another bike, or cut and weld the frame, you had better divulge such things to them.
Common sense should never be bad advice. Lawyers disagree with that, but bottom feeders sometimes do see things differently in the murky muck.
prs
Blimey! I didn't foresee such interest or such strong views on the subject! Clearly there is a big international difference on insurance requirements - and also a lot of variation between the various US States' requirements. It's simple in the UK - one set of rules covers England, Scotland, Wales & Northern Ireland. If you don't 'toe the line' then don't complain if you get caught. Me - I'm just the unlucky plonker who ended up with the wrong underwriter - story of my life...doh!
bassman :icon_rolleyes:
what if you bought the bike w. progressives and didnt know? they have no case there... just say u bought that way..
Quote from: scottpA_GS on March 31, 2009, 12:54:31 PM
what if you bought the bike w. progressives and didnt know? they have no case there... just say u bought that way..
Insurance fraud...
Prison...
Mary, are you sure about carrying insurance in FL? I'm almost positive that you have to carry at least liability in case you hit someone.
After checking on it quickly, it seems you are right, but if you get in an accident you are liable for damages. That's crazy if you ask me :cookoo:
"liability insurance for motorcycles is voluntary and not mandatory unless you have caused an accident, but it is highly recommended to be purchased for your protection. If you plan to carry passengers it is also a good idea to see if you need extra insurance coverage for them."
Quote from: lawmanQuote from: scottpA_GS on Today at 03:54:31 PM
what if you bought the bike w. progressives and didnt know? they have no case there... just say u bought that way..
Insurance fraud...
Prison...
lawman, I think you are being extreme just to get a reaction. if you didn't know than they can't possibly prosecute you...
This is getting farcical now! If I claimed that the bike had the progressives in when I bought it, the insurer wouldn't give a toss! They'd just say 'Sorry Sir - 'Caveat Emptor' - Let the buyer beware!. Then they'd take me to the tower, flog me, then chop off 'me head! :icon_eek:
bassman
Quote from: scottpA_GS on March 31, 2009, 12:54:31 PM
what if you bought the bike w. progressives and didnt know? they have no case there... just say u bought that way..
In this case if you say no you are telling lies because the truth is you dont know yourself. Your answer should be....."Not to the best of my knowledge"
Quote from: tripleb on March 31, 2009, 01:04:38 PM
Quote from: lawmanQuote from: scottpA_GS on Today at 03:54:31 PM
what if you bought the bike w. progressives and didnt know? they have no case there... just say u bought that way..
Insurance fraud...
Prison...
lawman, I think you are being extreme just to get a reaction. if you didn't know than they can't possibly prosecute you...
If you claimed you didn't know and the previous owner, say, put it in his ad, and you "just say u bought that way.." you most certainly could be prosecuted. And they don't have to convict you to wreck your life prosecuting you. I can tell you that there are jurisdictions in Virginia that, for instance, go through pawn shop records looking for suspicious pawns to prosecute theft. It's not unreasonable to think they might check a few months back on a craigslist post.
For that matter, the insurer doesn't have to WIN in denying the claim to ruin your life making you scramble to sue them. Look at post Katrina insurance issues in New Orleans, for example...
Lying to insurers is a bad idea. Leaving insurers in the dark is a bad idea. A lot of you will do it, some of you will get lucky. The day one of you doesn't get lucky will be a sad, sad day.
as I see it, insurers get what they deserve since they fight tooth and nail to deny legitimate, just claims because it costs them...they're real scum if you ask me
Quote from: tripleb on April 01, 2009, 09:05:37 AM
as I see it, insurers get what they deserve since they fight tooth and nail to deny legitimate, just claims
So why tell lies and give them MORE reasons to refute claims?
well, according to lawman you don't have to tell a lie. you can unknowingly have aftermarket components on your bike and have a claim denied because of said parts.
That's not the hypothetical that was offered.
"... just say u bought that way.." was the tabled suggestion.
Picture the scene...
The Old Bailey - No.1 Court - His Lordship Judge Grimley-Waldorf presiding over the case 'Insurer vs bassman'...
<bassman addresses The Judge> "If it pleases my Lord and the court, I have dispensed with my defending council and will be representing myself. I will, if I may, be taking collective advisement from the members of the GS500 message forum via this laptop connected to the world wide web" <basman shows the laptop to the Judge, Jury and the bemused faces of the press and members of the public squeezed into the court>.
<The two lawyers representing the insurer put their heads together and laugh quietly> "We've got this sucker nailed..." :police:
bassman
Quote from: bassman on April 01, 2009, 11:42:50 AM
Picture the scene...
The Old Bailey - No.1 Court - His Lordship Judge Grimley-Waldorf presiding over the case 'Insurer vs bassman'...
<bassman addresses The Judge> "If it pleases my Lord and the court, I have dispensed with my defending council and will be representing myself. I will, if I may, be taking collective advisement from the members of the GS500 message forum via this laptop connected to the world wide web" <basman shows the laptop to the Judge, Jury and the bemused faces of the press and members of the public squeezed into the court>.
<The two lawyers representing the insurer put their heads together and laugh quietly> "We've got this sucker nailed..." :police:
bassman
The bailiff then takes all the bullets but one out of his gun. "Kill yourself slow," he says, gesturing to the jury, "or kill yourself quick," he says, offering the butt of the gun to you... "Mr. 'I didn't know that the bike I bought because it was modified was modified."
Don't tell the insurance company too much information, only what they ask for.....don't tell them you have made mods...I don't understand why would tell you insurer that you upgraded to progressive spring forks.....
Thats crappy, My insurance covers my entire bike and up to $1000 in custom parts.
mine covers up too 3000 in custom stuff i just have to have recipts for the things that were done.
Well, I always say to the best of my knowledge. Why because there was several things done to my bike that I actually thought was stock for almost a year and I bought it from a dealer. Like my back brake pedal whatever you call it was bent. In all honestly I thought it was made that way and for me has been really comfy because of my ankle that I hurt last year. I didn't even realize it was not supposed to be that way until I set it next to a brand new '08 model. I also didn't realize until I came on here that it was supposed to have this long hideous fender. Or that the bar ends were long and black mine were carbon fiber but I saw a couple on the lot that have the same thing so I really don't know if they are or not stock?
All I know is really what I did and what I found from process of elimination and the ad from the dealer said stock gs500F. But, in my contract all it says that I have to report is change of address and things related to that. They never even looked at my bike or asked to. I do have $3000 in after market accesories insurance but it said nothing about me producing recipts either in said contract.
So, honestly the insurance company will probably do whatever they want because the contracts vary so much that a lay person is confused anyhow! Kinda like the state farm commercial where the lady said that only a specific tree was covered when the guy's car was hit by a falling limb. Like me right now and my ankle incident progressive says it wasnt a mva since I wasn't moving and medicare says it was since it involved a moto. Where does that land me? Paying the bill sigh!
All I know is if my bike gets hit by a missle Progressive better damn well cover it cause they said so in the contract!
Mary
mary
Quote from: Toogoofy317 on April 01, 2009, 06:53:36 PM
All I know is if my bike gets hit by a missle Progressive better damn well cover it cause they said so in the contract!
A missile is just a projected object. We had a nationally reported case here in VA a few years ago where a woman was convicted of throwing a missile at a moving car - it was a 32 oz mcdonald's coke, in stop and go traffic. She is now a convicted felon...
http://www.washingtonpost.com/wp-dyn/content/article/2007/02/17/AR2007021701560.html
lawman.. lol . live your life the way you like too and leave it at that ... you can spout at us all the rulebook insurance crap you got from your job... insurance company will find any way to screw me... i will find my own way to get what the bike is worth to me. then we end up in the middle.. everyone is happy.
rule of thumb.... only answer the question ask. no more no less. and more likely no matter what.. with motorcycles you end up on the loser end anyway whether you play by the rule or not.
i pay 1k here for a year in washington state.. a guy with somewhat the same bike pays and same coverage pays $137 in TN. hmm...wonder if the insurance company was trying to be fair.
You preach make sure you tell insurance people everything because if you do..they will take care of you... laughable. must be nice in that bubble.
Quote from: Bluehaze on April 01, 2009, 09:58:47 PM
You preach make sure you tell insurance people everything because if you do..they will take care of you... laughable. must be nice in that bubble.
No, I preach tell insurance people everything because if you don't you're paying them for nothing, because they will deny your claims. The one time you need insurance, because you hit something, or broke something, they will tell you to get bent, and you will get nothing. If that happens to be when you've mangled your leg and can't work, that will suck.
OH OH Wait I did mangle my ankle and they didn't do a darn thing thank you very much. If I would have told a little white lie and said I was moving I may have not been out a few grand. They are going to ream you either way you go. I don't have to have it but I do because I don't want someone else hitting me without insurance who is supposed to have it and leaving me with the bag! so, in essence I have insurance because other's don't obey the law.
The missle inference was in the section about civil war either being declared or not. So, I was kinda thinking they could have meant a real missle too!I was just trying to lighten the mood but apparently that isn't in my insurance contract so I won't anymore. But, you know everybody's coverage anhow is it in there?
Everyone - forget opinions - get real. If you buy insurance and then do a mod and you don't tell your insurance that you've done the mod and then you have an accident and then subsequently learn that the mod invalidated your insurance and the insurer is not going to pay out then...then...tough titty! Don't say I didn't warn you!.
I got home from work today, the sun was shining - we're on British Sunmer time now in the UK so the evenings are lighter for longer now - and I could not stand the squishy front forks a moment longer! So after much brain scrunching consideration I can up with the magic solution that 75 mililitres (7.5 cc) of 10W fork oil was required to be added to each fork to cure my squishy woes. So, did the dirty, buttoned everything up, when for a ride, and couldn't believe the improvement! As firm as a firm thing in an infirmary! Much better!
So, I'm happy now until I change my insurer in June. Then I'm gonna pull the forks, get that 10W out, put some the 15W in, re-install the progressives and then Bob's your Aunty - I'll be a happy GS'er once again. If only I still smoked then I'd be on cloud nine...
bassman :D
Better go tell you insurance!
I just go buy what my contract says. Everyone is different.
Mary
Quote from: Toogoofy317 on April 02, 2009, 08:09:45 PM
OH OH Wait I did mangle my ankle and they didn't do a darn thing thank you very much. If I would have told a little white lie and said I was moving I may have not been out a few grand. They are going to ream you either way you go. I don't have to have it but I do because I don't want someone else hitting me without insurance who is supposed to have it and leaving me with the bag! so, in essence I have insurance because other's don't obey the law.
Have you talked to an attorney about that? What does your policy say exactly? If you get rear-ended at a light, you're covered right? Why would moving matter? I think you may have gotten jobbed, but you only have a certain amount of time to make a claim, so I would check ASAP.
We have reached the point in our society where the powerful and connected can do anything they want, and things like contracts, property rights, individual rights, states' rights, and constitutional principles in general no longer apply. Our legal system is in a flat spin, so arguing about insurance details is like swapping seats on the Hindenburg.
The only thing for sure in all this is those in charge will steal from you what they require by any means necessary so they can give it to themselves and those who don't want to work or play by the rules. They favor criminals and the stupid and lazy over everyday working folks for some reason.
Voting against socialism would help.
One of my favorite sayings applies to this: "Cream rises to the top, but so does scum."
AIG, the largest insurance company on Earth, along with their partners in crime in our wonderful and honest government, just soaked us and our kids to the tune of $187 BILLION. The guilty parties at AIG have left the company, and the shiite storm is falling on the innocent who remain, just as the government planned. As far as I'm concerned they don't have the legal or moral authority to tell me ANYTHING.
Since my calculator doesn't crunch numbers that big, I would have to do it on paper, but it's safe to say we have been robbed of several years worth of insurance for every motorist in the nation.
Attention class! <bassman taps pointer on blackboard?> Today's project is to do a Google search on 'Motorcycle Insurance and Modifications' and see what you can find. Here's an example in the context of UK insurance...
'...Motorcycle insurance and modifications
xxxx, xxxxxxxx, 2006
A large proportion of bikers are not informing their motorbike insurance company about modifications they have made to their machine. Many of them fear that reporting modifications will increase their motorbike insurance premium. Others are simply unaware that they need to inform their insurer in the first place.
According to a review by (name of insurer), the motorcycle insurance provider, the majority of common motorbike modifications make little or no difference to the insurance premium. On the other hand, bikers could be invalidating their motorcycle insurance policies by not giving their insurer the full facts. This could result in the insurance provider refusing to pay out when it comes to making a claim - particularly if the modification has had an impact on the incident relating to the claim.
Some of the common modifications which (name of insurer) saw as having little impact on motorbike insurance premiums include crash mushrooms, crash bars, huggers, up-rated brakes, after market exhausts (road legal of course), dynojet kits and an increase in engine capacity up to five per cent.
In the same review, (name of insurer) suggested that an increase to the motorbike's engine capacity of more than five per cent, custom built motorcycles and nitrous oxide injection systems were all likely to have a significant impact on your motorbike insurance premium.
(Name of an Individual), managing director of (name of insurer) said: "One of the most important principles underlying any kind of insurance is that all relevant information must be passed on to the insurance company. That's the only way an insurer can understand precisely what risks they're covering and calculate a fair price."
bassman (I hope I don't sound arrogant with all this crap - it's just a bit of fun !...
Nah, ya don't sound arrogant. But, I've read through my contract in great detail now thanks to this thread. But, all it tells me that I have to report is this. Change of address, addition or subtraction of drivers, change of where the bike is garage kept, and if it has been in an accident.
Now, this is Florida and Progressive. As a matter-of-fact they have never even seen the bike! I also have included with my plan $3,000 in after-market coverage. So, each policy is different. I just think comparing the american insurance with the UK insurance is comparing apples to oranges. You guys have much stricter insurance codes it appears. :dunno_white:
Mary