BMW Insurance for courtesy Bikes??

[ianm00]

I currently have BMW Motorrad Insurance for my R1200GS. In the past I have taken my bike for service or warranty work I haven't had to pay any insurance for the loan bike as its covered by my own BMW insurance.

However last week I went for my 18000 mile service and was told that BMW have changed and I now have to pay for insurance on the loan bike.

Has anyone else experienced this?

I cannot see why I should pay, buying BMW insurance provided me with this benefit, its still available on my policy as I have it confirmed by the insurance company.

Ian

 

[Tim Cullis]

There have been two (at least) companies offering insurance under the BMW banner, I believe Devitts are the latest. I think what has happened is that the original company was allowed to continue offering renewals to its customers under the BMW banner, but not allowed to take on new business trading as BMW Insurance. So your policy isn't the same as the one that new customers have.

Tim

 

[ianm00]

There have been two (at least) companies offering insurance under the BMW banner, I believe Devitts are the latest. I think what has happened is that the original company was allowed to continue offering renewals to its customers under the BMW banner, but not allowed to take on new business trading as BMW Insurance. So your policy isn't the same as the one that new customers have.

Tim

My point is that my policy hasn't changed. When I Ring the insurance company they have confirmed that this facility for loan bike insurance is still available on my policy. Its the dealer however who just insisted that I had to pay for the insurance, they didn't care that my own policy covered the loan bike! They have done this several times in the past for servicing /warrentee work!

Ian

 

[Bigtwin]

Vines wanted £25 a day for a loan bike - said it was for insurance.

 

[Steptoe]

My point is that my policy hasn't changed. When I Ring the insurance company they have confirmed that this facility for loan bike insurance is still available on my policy. Its the dealer however who just insisted that I had to pay for the insurance, they didn't care that my own policy covered the loan bike!
Ian

As you say, it'll be the dealer left with the grief. And no doubt out of pocket, trying to sort out YOUR insurance.

 

[Clive]

Its the dealer however who just insisted that I had to pay for the insurance, they didn't care that my own policy covered the loan bike! They have done this several times in the past for servicing /warrentee work!

Coopers started charging a daily fee (of £15 I think) for Insurance several months ago - I didn't bother with a loaner the last time.

 

[loosenuts]

i had a conversation with the same insurer as you months ago, they told me that all i would have to do is call them with the curtesy bike details and they would cover it, no charge,also they said that it is likely to be a smaller excess on my own insurance than the dealers.
It is possible that they have changed their pollicy since then i suppose.

 

[ianm00]

i had a conversation with the same insurer as you months ago, they told me that all i would have to do is call them with the curtesy bike details and they would cover it, no charge,also they said that it is likely to be a smaller excess on my own insurance than the dealers.
It is possible that they have changed their pollicy since then i suppose.

NO the insurance company hasn't changed their policy they are happy to provide the cover. Its the DEALER who will no longer accept this cover they insist that I must pay for their own insurance.

I wouldn't mind but this also applies to loan bikes when having warrentee work done. Last year my bike was at the dealers for 3 weeks having warentee work done! I dont like the idea of a daily charge for loan bike insurance when MY OWN insurance provides the required cover!

Ian

 

[Tim Angus]

I recently renewed my insurance with BMW Insurance BECAUSE it does cover loan bikes. I could have saved £50 by using Bennets but they only cover me for my bike and nothing else. If dealers are charging for loan bikes for BMW Insurance customers then someone at BMW needs to speak with the broker and their dealers. When I ran Cooper Reading, this was our policy. I understand they are using an insurer for car and bike loans as the car people now manage the bike service side, but I suspect other dealers may see the insurance charge as another revenue source, or a way of allowing you a long test ride off their dealer demonstration insurance. As dealer excesses can easily be £1,000.00 on this form of insurance it is a way a dealer avoid grief of a hit.

 

[Sea Lion]

Rather than taking out a loan bike, could take a bike out for a test drive....for the day?

 

[nadeem]

I have a loan bike right now which is covered on my (bmw) insurance for one week ...I just called up Devitt's and they did it FOC.