BSA Owners' Club Forum

General => The Star and Garter => Topic started by: ROBT on 17 January, 2018, 20:29:34

Title: Mororcycle Insurance Advice
Post by: ROBT on 17 January, 2018, 20:29:34
 I've recently completed my first motorcycle renouvation and the bike, a 1970 BSA Victor Special, is ready for it's MOT ( I'm aware of the forthcoming change to MOT reuirement but wish to have an MOT for my own peace of mind).

Please can anyone offer any advice on how to obtain Agreed Valuation insurance?


Thanks,
Rob
Title: Re: Mororcycle Insurance Advice
Post by: STAR TWIN on 18 January, 2018, 06:14:49
Carole Nash will do it. They need 6 photos.
Title: Re: Mororcycle Insurance Advice
Post by: Old Biker on 18 January, 2018, 09:36:36
Try Hagerty 03333 231138 really helpful
Title: Re: Mororcycle Insurance Advice
Post by: bikerbob on 18 January, 2018, 10:07:43
I have 2 bikes insured with Peter James an A7 and A65 fully comp with breakdown cover for £89.39 if you want agreed valuation they will send out a form for you to fill in and providing the valuation is under £5000 they will do it with 2 photographs one either side of the bike.
Title: Re: Mororcycle Insurance Advice
Post by: DON GRAY on 18 January, 2018, 11:48:46
I'm with RH Insurance & have 2 bikes on the same policy - a '75 Triumph Trident & a '67 BSA Victor Special. Both have decent agreed values. Its really simple. Do some research & try to find decent replacement bikes similar to yours to give you an idea of what they're going for.
Then following the insurers instructions, take photos & email them off. There has never been any disagreement with the values I have suggested, & goodness forbid if the worse happened, you'd get paid out the agreed value of your bike(s).
Title: Re: Mororcycle Insurance Advice
Post by: LightningJames on 20 January, 2018, 11:12:30
I use Carole Nash and I would recommend them. I did an agreed value, I sent in photos and also examples of the same bike in similar condition that had sold or were being advertised online. I had no problem getting the value agreed.

 I also spoke to them recently and they are going to honour the ‘no mot for bikes over 40 years’ rule that looks set to happen in May. It’s worth checking that your insurance company is going to as well.  🍻👍🏻
Title: Re: Mororcycle Insurance Advice
Post by: A10 JWO on 07 February, 2018, 16:53:12
I thought that they would all have to honour the new MOT rules, otherwise everyone will move companies.
Title: Re: Mororcycle Insurance Advice
Post by: Editor on 08 February, 2018, 12:24:03
I think some of us are guilty of a bit of moral panic here. Contrary to popular belief, Insurance companies are not always looking for ways to get out of paying out on a claim. Provided the vehicle is roadworthy, whether or not, after May 20th 2018 it has an MOT, it is involved in an accident etc. and you make a claim, they will pay out without any issues. They can't and indeed won't expect us to get an MOT just to prove that it was roadworthy on that particular day and at that particular mileage.
Anyone really concerned about this should contact their Insurance provider and get clarification from them, rather than relying on hearsay within our community.
Title: Re: Mororcycle Insurance Advice
Post by: RICHARD MILLS on 08 February, 2018, 14:54:15
Provided the vehicle is roadworthy, whether or not, after May 20th 2018 it has an MOT, it is involved in an accident etc. and you make a claim, they will pay out without any issues.
I don't believe that the above is correct. The Carole Nash policy for old bikes makes it clear that they will not pay out for damage or loss to your motorcycle unless it has a valid MOT, if it is required by law to have one. If it is too young to be exempt under the regs. then an MOT is required in order to have full cover (presumably the third party element is not restricted).
Title: Re: Mororcycle Insurance Advice
Post by: Editor on 09 February, 2018, 16:34:28
To clarify, I'm assuming we are talking about our BSA's all of which were made before 1978 so an MOT won't be required by law after May 20th 2018.