Insurance clauses and conditions.....

Kishy · Post by **Kishy** » Wed Jul 12, 2006 8:15 pm

Neka79 wrote: as for that bit about the stolen hardley and QBE...i had insurance thru them once..wont ever again...they are assholes to put it nicely...

Care to share what happened?

Kishy · Post by **Kishy** » Wed Jul 12, 2006 10:13 pm

Wattie wrote:long story short,
my dads mate had his 2 month old hardley flogged from his garage, (locked, electric door unplugged, bike alarm, chained down the lot)
in sured with qbe, they put PI's on him to see if he had troubles with his marriage etc, they couldnt find any evidence of it being stolen, after about 3 months, the rang him asking what colour bike he wanted as replacement.

Insurers dont randomly decide to investigate a claim. There are trigger points
used which determine if an investigation should go ahead; it dosent mean
that you will be interviewed, & more often than not its started & finished without
you even knowing there was one to begin with.

I'm < not > about to start advising what these trigger points are, but they are in place..
and they are there for not just the insurers benefit, but for their other customers
because everyones premium is affected by claims, same as each item price in a
retail outlet is to a certain degree affected by theft.

Each claim that an insurer pays out will affect someone else. Say your bike is a
total loss for example which means your insurer has to cough up $10,000; how
do you think they are going to recover that money again? Only way to do that is
increase premiums on other policies, because their not going to increase your
next renewal by $10k, so customers cop higher premiums so the insurer can
re-coup that money as it is our premiums that is used to pay other ppl's claims.

If they investigate you may be requested to sign a waiver that will allow them
access to anything they deem necessary such as your bank records, licensing &
telephone records to name a few. If you dont give them the authority then thats
sufficient grounds to have your claim denied.

I had a Private Agents license working as a bodyguard/private investigator for
close to 13yrs before the pigs took it off me for minimum 10yrs when I was sentenced
to jail time & I also did motor/home insurance for about 4yrs so I know insurance
very well

Wattie wrote: not giving him choice to take money or different bike.
but when he was to pick up the bike, he had to sign a clause saying he is taking the bike un-insured, and he cannot insure with them at his address anymore.
so that is classed as being refused insurance, so would screw up your chances with all insurance companies.

You dont have the right to choose whether you take the money or get a
different bike; unless you are told differently in ya contract. Its the discretion
of your insurer to decide; however theres nothing stopping you from negotiating
with em. However this is not necessary if you had done ya homework.

Your situation is a prime example of where ppl go wrong..

Its only when shit hits the fan that ppl find out what they can & cant do,
what their covered for or not covered for. You should already know all
this before purchasing the product. Ask all the questions you need to ask
so that in the event of shit happening you will know where you stand etc
Its too late to be asking/crying etc when you've already had the incident.
Its why we're all given a booklet; its why we all have a 21 day cooling off
period if we change our minds. Mistake ppl make is that all they worry
about is the price of insurance but never look at the nitty grittys.

Cheaper does not always mean its better.. the same as in everyday life.
You can pay $1.50 for a can of pepsi or you can pay half as much for
a plain brand. Its the same colour as pepsi, but thats where the similarities
end. Same goes for insurance.

Say avg price of the Commodore you want is $30k. You'd seen countless
cars & all were in that price range. You then see an immaculate same car
& this one is only $10k. Whats ya reaction gonna be? Straight away youre
gonna be suss & question why its soo cheap. Ya not gonna immediately throw
$10k of ya hard earned money in their face. You'd be itching to have a good
look at the car; have it inspected, see if its stolen, see if it has money oweing
etc etc. Exactly the same as insurance.. but ppl dont look at insurance the same
way.. any Tom Dick & Harry will tell you the Number 1 factor is price. Thats the
one & only factor theyre interested in, & that could very well be their downfall
at a later date when its all too late.

In regards to pay-outs, once your insurer pays you out, your policy comes to an
end whether you are 1 week into it or near the end of your contract period, with
no refund; & there is no obligation for them to insure you again which is what I
presume happened to you..

Contrary to what you said, its not gonna screw ya chances of insuring elsewhere
either. Another insurer is not going to automatically deny you insurance simply
because you last insurer didnt want to insure you again after a claim. Its the
reason for refusing is what is important & not that you simply had insurance refused.
You have insurance refused because of fraud for eg, then you can forget about
getting any insurance for min 5yrs, but if you had insurance refused simply because
you had a paid-out claim is a diff matter. Thats nothing to worry about.

A reason they refuse to insure you again is because claims statistics show that once
a claim has been made, there is a higher chance of subsequent claims being lodged
& so they may view you as a customer whos going to cost em money instead of
making money off ya, then can you blame them for not wanting to insure you again?
Hell no. Imagine youre the insurer & one of your customers was costing you more
money in payouts than what you were collecting from them in premiums would you
want to keep em as a customer who loses you money, when you have shareholders
who expect maximum dividends for their investment in your company etc?

Your insurer is a business out to make money, not be a non-profit fuckin charity
organisation. Its only natural that a business endevours to maximise profits & reduce
liability (expenditure). I dont know.. some insurers may not want to insure you, but I bet
a hell of alot more will.. so its not a lost cause man. Too many insurers out there for this
not to be the case.

Having said that, you do have ya blue ribbon insurers who dont toss you to the scrape
heap after a payout

& do 'look after' their customers which means they do agree to
keep insuring you.. albeit at a higher premium & maybe higher excess

< edit >

Redback · Post by **Redback** » Wed Jul 12, 2006 11:01 pm

Wow kishy, that is the logest post i have ever bothered to read!
I love Western QBE, brought shares at about $8 and they closed tonight at $21:20.

Kishy · Post by **Kishy** » Thu Jul 13, 2006 12:04 am

Sell Sell Sell..

Fucken good effort; & a nice profit.. on paper

I know fuck all about the share market so have always
kept away. I'll have to stay in property

Post by **Wattie** » Thu Jul 13, 2006 7:39 am

Kishy wrote:
Insurers dont randomly decide to investigate a claim. There are trigger points

yes i totally agree,
no evidance was found, the insurer thought it may have been an dodgy...
so thats why they investigated.
whomever stole it, knew ALOT about harleys, and that particular bike and its owners house etc...

i think that would trigger an investigation

i must say Kishy, i think we've finally found a topic that presses your buttons

and in turn makes you press your computers buttons, LOTS!!

Stereo · Post by **Stereo** » Thu Jul 13, 2006 7:58 am

Im just not happy that my bike isnt insured outside my garage at night..... Apparently if I go to a party and my bike is stolen from outside the party at 4AM, thats fine..... But If I have to park outside because I am getting a driveway built, they wont cover me!... I have pointed out that I have an alarm and disabler and a chain...... but that isnt good enough for them....

Kishy · Post by **Kishy** » Thu Jul 13, 2006 3:04 pm

Wattie wrote: i must say Kishy, i think we've finally found a topic that presses your buttons
and in turn makes you press your computers buttons, LOTS!!

LOL Wattie

Stereo wrote:Im just not happy that my bike isnt insured outside my garage at night..... Apparently if I go to a party and my bike is stolen from outside the party at 4AM, thats fine..... But If I have to park outside because I am getting a driveway built, they wont cover me!... I have pointed out that I have an alarm and disabler and a chain...... but that isnt good enough for them....

grrrr..

Bastards

Kishy · Post by **Kishy** » Thu Jul 13, 2006 3:09 pm

Dan wrote:I've taken several complaints for people with regards to references to Police and the likes.

Kishy, I have been pretty tolerant despite the umpteen requests to have you banned. If this behaviour continues a decision for the many members rather than the 1 or 2 will have to be made.

Do what you what you feel is best Dan, but I aint changing who
or what I am for no body.

Never have & never will.

Duane · Post by **Duane** » Thu Jul 13, 2006 3:23 pm

Kishy wrote:
Dan wrote:I've taken several complaints for people with regards to references to Police and the likes.

Kishy, I have been pretty tolerant despite the umpteen requests to have you banned. If this behaviour continues a decision for the many members rather than the 1 or 2 will have to be made.
Do what you what you feel is best Dan, but I aint changing who
or what I am for no body.

Never have & never will.

I dont think he's asking you to change, alot of people probably dislike the slang bro talk. however, it bothers me but i'll get over it, what really gets to people is the slander of the police, not only does it give you a rep, but also gives the group a rep of being police hating bikies, which we're not.

Maybe just cut out the crap to do with the police, and keep those views for a more appropriate forum, perhaps even start your own website dedicated to the thoughts and views of people towards the police.

I like to think this club is pretty tolerant, and respect others views, but when those views are border line threats to police, and disrespect the duty they provide to us tax paying citizens, even though we may be handed infringement notices, loss of licence and everything else. They're just doing their job mate, and if you have seen another side too it, so be it, but dont generalise the whole population of working police offices off your one person's worth of experiences and views.

I personally know one police officer, that I quite get along with on here, however, I know people on here who have very good friends who are police officers, and know that they are serving the community. Remember - theres only a handful of corrupt police, but then again theres a handful of black sheep in every flock! that will never change, but generalising and sprouting crap about standup wheelies running red lights, and bribes, aint going to improve this.

Write a complaint to Christine nixon if you dont like it - or get over it (well atleast on here)

You implicate the club as soon as you click submit

Kishy · Post by **Kishy** » Thu Jul 13, 2006 3:39 pm

Duane wrote: I dont think he's asking you to change, alot of people probably dislike the slang bro talk. however, it bothers me but i'll get over it, what really gets to people is the slander of the police, not only does it give you a rep, but also gives the group a rep of being police hating bikies, which we're not.

Maybe just cut out the crap to do with the police, and keep those views for a more appropriate forum, perhaps even start your own website dedicated to the thoughts and views of people towards the police.

Point taken Duane

FrogZ · Post by **FrogZ** » Thu Jul 13, 2006 4:03 pm

Wow, from

to

in one post
Good I LOVE this website !!!!

Calling Dan, calling Dan... Look everyones happy now, hand around the lamingtons and cups of bushells....

Yeah I know it didnt really add any value to the thread but I just think its as important to ackowledge the good as much as the bad

Neka79 · Post by **Neka79** » Thu Jul 13, 2006 8:31 pm

frogzx12r wrote:Wow, from to in one post
Good I LOVE this website !!!!

Calling Dan, calling Dan... Look everyones happy now, hand around the lamingtons and cups of bushells....

Yeah I know it didnt really add any value to the thread but I just think its as important to ackowledge the good as much as the bad

lamingtons?? mate, good thing u didnt say donuts..woulda openned a whole nother argument about donut eating piggys...

mwahahahaha.

jase is more into cream buns neways...

Duane · Post by **Duane** » Fri Jul 14, 2006 9:16 am

Neka79 wrote:
frogzx12r wrote:Wow, from to in one post
Good I LOVE this website !!!!

Calling Dan, calling Dan... Look everyones happy now, hand around the lamingtons and cups of bushells....

Yeah I know it didnt really add any value to the thread but I just think its as important to ackowledge the good as much as the bad
lamingtons?? mate, good thing u didnt say donuts..woulda openned a whole nother argument about donut eating piggys...

mwahahahaha.

jase is more into cream buns neways...

Neka, you're more of a sticky bun. Because everyones been there before!!!! hahahahaha

Kishy · Post by **Kishy** » Sat Jul 15, 2006 11:43 am

Neka79 wrote: mate, good thing u didnt say donuts..woulda openned a whole nother argument about donut eating piggys...

Fuck maan.. lets not go there

aardvark · Post by **aardvark** » Sat Jul 15, 2006 4:18 pm

Kishy wrote:
Dan wrote:I've taken several complaints for people with regards to references to Police and the likes.

Kishy, I have been pretty tolerant despite the umpteen requests to have you banned. If this behaviour continues a decision for the many members rather than the 1 or 2 will have to be made.
Do what you what you feel is best Dan, but I aint changing who
or what I am for no body.

Never have & never will.

Why in hell did you take Dan's post from another forum, and put it in here????

Anyway, back to insurance. If I didn't find them a necessary evil, I wouldn't be dealing with any insurance company ever again. Actually, it's not the insurance companies I have a problem with.... generally speaking, I believe their policies are in place for the right reasons. But, most of their employees are fuckwits. They are generally self centred, selfish pricks that are always on the lookout for something for themselves.

If they can write a bike off so that one of their mates can pick it up cheap elsewhere, they will. They change their rules to suit themselves and when the chips are down, you can guarantee that the soft cocks will do you over for no particular reason.