I’m aware of the regulations concerning insurance on vehicles, and the ‘continuous insurance enforcement’ law (ie, that a vehicle must be insured at all times, unless it’s declared as SORN).
If I was going to buy a bike, then as soon as the financial transaction has taken place, I’m not able to ride the bike without insuring it.
However, before the financial transaction has taken place, I’m able to ride it (under the insurance policy terms covering riding other bikes).
So, would I be able (from a legal point of view) to go get the bike, ride it home, and then carry out the financial transaction? (and once that’s been done, then SORN it until I get insurance on it).
Thanks
PS. Yes, I’m sure people will comment and say that they have to have the money up-front…let’s assume for this scenario that the actual payment can take place later on…
In these cases though what I advise is taking out short-term insurance. You can get it for 1 day, 1 week or 1 months if you search online. I know ebike used to do month insurance. That may be what you need to ensure you are covered on all legal fronts without splashing out on a years policy.
Yes you are right technically no one would know but if you are in an accident, things may get tricky?
worth a call to your current insurer and asking about it they might let you have a days insurance on it to ride it home they let my dad when he bought his fazer
As above no one would know ownership had been transferred if you rode it home but this plan is only effective if you don’t crash. If you crash then your insurance company most likely won’t pay out as you’ll be in possession of the new keeper certificate and the person who sold it to you will have your details on the log book. Riding other bikes is typically 3rd party only so best case you’d have to fix the bike yourself, if a 3rd party was involved then that would be extremely problematic I think.
Bike Devil do free 1 week insurance with no strings attached. I used it to ride my Sprint back from Bath when I bought it and until I’d had a chance to find the best long term insurance deal. I thought there had got to be a catch but other than ringing you a number of times over the following days to get you to renew/extend it, there really wasn’t. You can’t use it on a bike you already own, but just ring up once you’ve bought the bike and you get fully comp. (over 300cc) for 7 days for nothing!!
The BikeDevil free cover looks good - I also just ran a quote through their general system, and it’s pretty close to the one I was getting with BikeTrader!
The insurance excess cover looks interesting though - will look into it.
