| The Consumer | | | | have a close like for like comparison when looking at |
| Having spoken to many different users of Quad | | | | one against the other. |
| Bikes and ATVs, it was plain to see that most of | | | | Increasing the Value |
| them had the same question to ask; how do we | | | | Lastly, never increase the value of the machine over |
| know that we have the right policy? | | | | and above the market value as this will end up |
| | | | costing you more on your premium and, should you |
| The Broker | | | | need to make a claim, they will only pay you the |
| One of the main problems when talking to an | | | | market price at the time of the claim. An example of |
| insurance company is this; "Don't tell them what they | | | | this is some companies will increase the premium by |
| don't need to know!" | | | | more than 25GBP per thousand value, and other |
| By this I am not saying hold back relevant | | | | increase by the same for every 500GBP. |
| information, in fact that is the last thing you should | | | | The Right Security |
| do when looking for an Insurance quote for any | | | | Always ask the question when talking to a broker |
| vehicle. What I mean is that Insurance agents do | | | | online - "Do I need any special security adaptations |
| have a clever way of getting information from you | | | | whilst the vehicle is parked or stored on my |
| so that they can make more money, by simply | | | | premises?" It has been known that insurance brokers |
| asking what the renewal is on your existing policy | | | | have excluded this out of the conversation to keep |
| and then going silent. | | | | the policy price down. Then, all of a sudden you find |
| The Sales Pitch | | | | that once the schedule arrives it states you need |
| The longer they stay silent, the harder it is for you | | | | two types of locking mechanism for your bike - one |
| not to tell them so make sure you have a sensible | | | | is an insurance approved locking system, and the |
| answer for them when they ask the question. The | | | | other is a mounting system bolted to either a wall or |
| other one is if you have just purchased a Quad Bike | | | | concrete floor. |
| or ATV or you are looking at buying one, they ask if | | | | Once you get the price for these, you would |
| you have had any quotes before contacting them. | | | | understand why they were cheaper. The approved |
| Again, the simple answer is to say "YES" and then if | | | | padlocking system can cost between £50 - £150 |
| they ask for the price, you just casually slide back | | | | and the mounting system can cost about the same. |
| the answer that you never gave them any help, so | | | | A simple but effective quality lock will suffice when in |
| will not do so with them also. The second point is to | | | | your garage or shed - you just need to make sure |
| make sure you give the same information that you | | | | that they can not remove it quietly or easily! |
| gave the other companies, including the excess | | | | Is there a service to give you all of this under one |
| payment on the policy. This will then make sure you | | | | roof? |