Motorbike Insurance

Norman_Castle

Pointless?. Are you trying to start an argument.

vaio

OnanTheBarbarian wrote: »

Well put it this way, I work for a RTA Claimant firm and I deal with ULR claims and PI claims all day long.

If a client came to me in this situation, providing there is evidence to support my client's allegations of negligence against the other party, I would have no hesitation in seeking recovery of a 2nd insurance policy premium in the event the original policy came to an end upon payment of the total loss claim.......

Yep, and similar logic applies to any non fault loading in the future

on a related note, the FOS has fairly clear views on the fairness (or rather unfairness) of ending policies on a total loss pay out.......

...When an insurer declares a vehicle a write-off, we expect it to offer a consumer the option of bringing a replacement vehicle onto the insurance policy so that the remainder of the policy term can be used. Depending on the make and model of the replacement vehicle, an additional premium may be required by the insurer. This should be calculated on a pro rata basis for the remainder of the policy term. ...

so well worth a complaint and referal to the FOS if the insurer doesn't play ball.

http://www.financial-ombudsman.org.uk/publications/technical_notes/motor-valuation.html#17

SimonSays

They can expect all they want, ERS state policy is cancelled in the event of a total loss.

It would be upto bikesure (Who the op is a customer of) to offer alternative cover.

I'm sure they offered to do this. But ERS on that policy number have indemnified and won't accept it so the intermediary would have to sort new cover out.

This is all mute until ERS settle liability. Upto now it is looking like the OPs fault until this statement is accepted by both underwriters.

vaio

You might well say that but the FOS is the insurance industry regulator tasked with ensuring that insurers etc treat punters fairly and ending a policy on a total loss isn't fair hence their view posted above.

Further, it really doesn't matter what ERS say, if the term is unfair then the FOS can (and will) over rule it and their decisions are binding on insurers

SimonSays

ERS and the customer have no direct contractual relationship. it is the OP and bikesure. So it would be upto Bikesure to resolve not ERS>

rs65

SimonSays wrote: »

ERS and the customer have no direct contractual relationship. it is the OP and bikesure. So it would be upto Bikesure to resolve not ERS>

Are you sure about that?

This document is a legally-binding contract of insurance between you (the insured) and us (Equity Red Star)

vaio

SimonSays wrote: »

ERS and the customer have no direct contractual relationship. it is the OP and bikesure. So it would be upto Bikesure to resolve not ERS>

that's an interesting concept........taking out an insurance policy without entering into a contract with the insurer

If I was you I'd stop digging

SimonSays

Who has the OP entered into the contract with

Bikesure!

Are you reading the documents on ERS's website?

rs65

SimonSays wrote: »

Who has the OP entered into the contract with

Bikesure!

Are you reading the documents on ERS's website?

Please tell me you don't work in insurance.

jondavis30

ERS have done !!!! all until now.

Despite several requests to excercise my rights to use legal protection to force legal action against the third party, and their representatives, e-sure, they declined.

I came back of holiday in October from a month in the united states to find a letter saying that I am liable for a total charge of £6000 - £1000 repairs to a wingmirror and £5000 for 3 week car hire for the claimant. As the defendant, I went ballistic at my insurance company for not pursuing the claim further and acting in my best interests. I have recieved compensation of £350 from ERS, they have agreed to defend the matter in court, I have provided a legal statement to an accident investigator, my witness has done the same. And still I've not heard anything.

In my Opinion ERS are a pile of !!!! and will always penny pinch, and I will be going with an insurance company such as MCE next year.