Total Motorcycle Community Forums

Itzamna wrote:At least here in Indiana, it's only 3 years. After 3 years, it's taken off your record and they can no longer charge you for that reason.

Is that some kind of Indiana insurance law? In many states, driving offenses (with the exception of DUIs) roll off your record in 3 years, but that in no way stops insurance companies from remembering it and boosting rates accordingly. If any insurance claims were involved, the companies have databases with very long memories, which they share amongst each other.

flynrider wrote:

Itzamna wrote:At least here in Indiana, it's only 3 years. After 3 years, it's taken off your record and they can no longer charge you for that reason.

.....but that in no way stops insurance companies from remembering it and boosting rates accordingly. If any insurance claims were involved, the companies have databases with very long memories, which they share amongst each other.

ahhhhhhhhhhh so in other words it'll ALWAYS BE THERE>??!

Yeh, almost all insurance companies shre information on their customers now-a-days there was a lady on the news a while back who got blacklisted and had her insurance rates tripled because she made 2 $200 claims. And no way of getting them reduced all companies consider her a high risk now.

We work on no claim bonuses for discounts. For example a guy with a NCB of 5 years (no claims in 5 years) will be discounted by 50%. High claimers will be loaded up. I have refused to insure clients because they will effect my claims portfolio and have kicked clients out of my Brokerage for high claiming. By Law we have to keep records for 5 years but will keep them for up to twenty, especially now we have hard disks.

Yeh, almost all insurance companies shre information on their customers now-a-days there was a lady on the news a while back who got blacklisted and had her insurance rates tripled because she made 2 $200 claims. And no way of getting them reduced all companies consider her a high risk now.

Wow, I'm glad I've never made a claim before. Not looking forward to it. There needs to be laws to protect the customer, not just fill the pockets of these crooks.

CNF2002 wrote:

Yeh, almost all insurance companies shre information on their customers now-a-days there was a lady on the news a while back who got blacklisted and had her insurance rates tripled because she made 2 $200 claims. And no way of getting them reduced all companies consider her a high risk now.

Wow, I'm glad I've never made a claim before. Not looking forward to it. There needs to be laws to protect the customer, not just fill the pockets of these crooks.

I will bet there is more to that story than meets the eye, more media sensatialism. Most insurers are reasonable people, just remember that they have the same things happen in their lives as happens in yours.

We also have a huge, not always succesfull, fraud rate from people who think they are more cleverer than we is.

i learned my lesson & everything but whenever i think back, i think of how much this whole thing sucks.

that is the reason to buy an old clunker and after the incident bend back whatever parts you can --throw away the parts you cant and continue riding.

9000white wrote:that is the reason to buy an old clunker and after the incident bend back whatever parts you can --throw away the parts you cant and continue riding.

X2

9000white wrote:that is the reason to buy an old clunker and after the incident bend back whatever parts you can --throw away the parts you cant and continue riding.

i seriously wish i had done that, the bike didn't even look bad after the crash, most damages weren't even that noticible, but i thought why not get it fixed if the insurance will pay for it.

here is pic a week after the crash: