OH my god

I don't know what "situations" you are thinking of. Here's a real example.
My father's car got stolen in the late 80s. There was only about $300 of
damage, broken 1/4 vent window and steering lock, and he figured that since he
paid his insurance and hadn't made a claim for years had 1 free claim per year
without losing his NCB and paid a few dollars extra on his premium to waive
his excess he would get the insurance company to fix his car so it didn't cost
him anything. A few months later he wrote that car off in an at-fault
accident. Because the theft repair counted as his 1 free claim for that year
he lost his NCB and dropped a few rating points, which led to additional
premiums which would amounted to more than the $300 he'd claimed the first
time around. He even tried offering to pay the insurance company the $300
back if they'd erase that claim and let the writeoff be his free claim. No
such luck of course. Now, do you understand how people get themselves into
situations where the above holds true?

(Yes I know most insurance companies deal with NCB on theft claims differently
now)

Nev..
'03 ZX12R

 

~
I'm with you for this bit: "I really don't understand people who (pay)
exorbitant insurance premiums"
Third-party-property PEOPLE!!
Bikes are not that expensive to repair to "rideable".
(Especially old unfaired ones!)
Clem

 

~
I still haven't met anyone who ran into THAT Rolls Royce and has been
ruined!
It seems to me that people who pay for insurance keep paying and people who
don't pay don't pay.....
Clem

 

How did the forks get buggered in a little car-park prang?

 

What about Triumph's Clem?

Boxer

 

I love insurance, in one year I had over $150,000 in claims (Medical, Home,
Car and Motorcycle Insurance).

The Triumph was written off with 1,300 km on it and the full purchase price
was paid out (the Bastard who rear ended me was broke, unemployed and
uninsured).

Boxer

 

Mine was pretty-much still rideable. (They're a fuggin' solidly-built
unit!)
Mirrors, brake-pedal, the gear-lever was shortened but usable and I think
the clutch-lever was the same.
The frame was twisted and the fairing destroyed but the forks, swingarm,
wheels, radiator, engine, tank, exhaust etc were fine.

Actually; I lie. The new Rod Tingate clip-on was destroyed so it wasn't
rideable until Leo screwed the original 'bars back on.
Clem

 

My sister spent 10 years paying off someone elses Commondore. She rear ended
it and her dopey husband reckoned they didn't need third party.

 

Marty McFly?

Cheers
Goaty