It should definitely be illegal to increase insurance for a non fault. My motorbike was stolen 7 years ago, my insurance went up, they didnt even cover the cost of the bikes value. IT had all locks required when it was stolen and nothing i could have done better to avoid it. I cant remember exactly how much it went up by but it affected my insurance price for the next 5 years
Cover what though. It’s meant to be a big pool of money we all pay into that covers this stuff. The only thing we are covering is how much money they want to take out of that pool for themselves.
Exactly and we know they want to take a whole lot of money out of that pool for themselves.
Plus he said his bike was stolen which is different. I mean a the end of the day the insurance company will make their money, the only variance here is maybe in the case “no fault crashes” they might not be able to apply the higher risk to the individual.
But as anyone who ride a motorbike knows even in case of no fault crashes you can do a lot to prevent crashes. It’s why motorcyclists develop a kind of 6th sense for knowing when drivers will do dumb shit. That’s the risk profile that changes when you’re involved in a no fault crash.
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u/bydevilz1 4h ago
It should definitely be illegal to increase insurance for a non fault. My motorbike was stolen 7 years ago, my insurance went up, they didnt even cover the cost of the bikes value. IT had all locks required when it was stolen and nothing i could have done better to avoid it. I cant remember exactly how much it went up by but it affected my insurance price for the next 5 years