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MY complaint to the financial ombudsman re insurance
#8
Why would you think if you modify your bike you shouldn't pay extra for it?
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[/size]Say you buy a £5,000 bike you would expect to pay say [/size]£250. If you then add a [/size]£1,000 or so of extras surely you can expect a [/size]£50 or so increase. Now if this increases your bikes performance or its attractiveness to thieving toe rags its reasonable to expect to pay even more. Say your bike got knocked over in a car park and damaged your £50 heated grips, if you hadn't declared them why should the insurance pay out or not just give you the [/size]£5 cheap rubber ones. What if at the same time your [/size]£400 Zumo GPS was smashed should they pay for that if you hadn't been charge excess premium?
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[/size]I am not defending insurance companies, as I agree they just take your money and then make every effort to not pay out and I agree with MadDogMcQ, pay as little as you can and hope you don't have to claim.

 
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Re: MY complaint to the financial ombudsman re insurance - by Tmation - 26-06-12, 01:06 PM

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