Insurance for track day bike
 

Having "offically" given up road riding, I still want to keep the bike insured. Have spoken to a copuple of brokers about a fire and theft only policy, or an accidental damage policy but it seems to fall into the "too difficult" pile.

I intend to only use the bike for track days and the odd race, but it's still worth a fair bit, so need to keep it insured but remove the public liability and road risks.

Do racers have some policy to insire bikes for theft at the very least? Don't see why I need to pay the likes of Norwihc Union the full whack when there is no road risk.

Comments?

As you only need to insure the bike for fire and theft while it's at home, do you think it would be possible to include it on your household contents insurance (which after all would include things like pushbikes kept in the garage) ?

Or am I talking cobblers ?

Not at all BC, but when I asked my house insurance about this, they said I was! Seems that because it's a "motor vehicle", it falls into the "too difficult" category.

Seems daft when you can insure a scrap of canvas with some paint daubed on it for considerably more than the bike is worth....

Sorry - I assumed you'd been talking to bike insurers....

Where's that coat.........

Did try to get them to insure it as an "exceptional" which is what I got my waches insured under, but no - "Too difficult"

Yeti, there is a company that insures race bikes and kit. They way it works is all your kiyt, tools, bike, etc. is covered as long as the engine is not running. So if you damage it unloading it from the van or your van catches fire, or it gets nicked, you're covered.

I use them and I think David Cook uses them as well. Very resonable rates.

http://217.199.188.40/xmb/viewthread...=3145#pid24571
Competition Car Insurance

Felix - are you sure they still do bikes?
 

We rang - several months ago now - and were told they no longer covered bikes. Did we just get someone who had been misinformed or have they changed their policy?

Not sure, Lizzie. News to me. That wouldn't be good. They were ace. Will have to look into this...

My contact details for CCI are:
Alan Jackson tel 0115 941 5255

Also, you might try these folks, although I think this is specifically for racing, not track days:
http://www.4counties.co.uk/racebike1.htm

[Edited on 19-12-2004 by Felix]

Am awaiting your investigations with baited breath Felix

Just to prevent your suffocation, Yeti, you might want to give Alan a quick ring as well.

Rang CompetitionCar Insurance and they DON'T do bikes. Any other suggestions?

I saw something on the acu site that might work
www.acu.org.uk under member benefits.

It's not cheap, so may be less to keep the road insurance and tax

This should link straight to the ad.

http://www.acu.org.uk/Admin/News03/PDFS/3401.pdf

Rob

[Edited on 25-1-2005 by electricsheep]

'kin expensive

Maybe I'm missing something here, but can't you insure it as normal?
I've had a bike insured while it's on a SORN with no probs.

B@gger! Hmmm, don't know really, but I'll need to sort something soon.

Bit difficult to have the thing MOT's and taxed when it's running on slick tyres, no lights of any description and doesn't even have a speedo, hence the dilemma.

Looks like I'm going to have to bolt all the road stuff back on, borrow someones wheels and road tyres, MOT, tax and insure it.

All I wanted was fire and theft, you wouldn't believe it could be that difficult. :mad:

Not yet ready to throw in the towel myself, Yeti. I'll get on the case later this week...

Thanks Felix. Baited breath time again.......:sing:

Does it need to be taxed and MOT'd before you can insure it? You cant tax it without insuracne so you must be able to get insurance without tax. If it gets nicked what has the MOT got to do with that? I think if it went to court then would have a job getting out of it by saying it wasnt MOT'd. Have you spoken to your currnet insurers? Just tell them you are putting it into long term off the road storage so it will be SORN'd and not MOT'd

read my post on the 2 stolen ktm's and see how impotrant it is to get your insurance sorted out properly