MCE fallout

Anything you like about motorbikes
Demannu
Posts: 1882
Joined: Sat May 08, 2021 5:14 pm
Location: Another day without using algebra
Has thanked: 65 times
Been thanked: 1235 times

MCE fallout

Post by Demannu »

https://www.motorcyclenews.com/news/202 ... istration/

Not good news for anyone who's made a claim.

Ironically, that fazer isnt insured atm.........and on the wrong side of the road.
User avatar
wull
Posts: 3067
Joined: Sun Aug 15, 2021 6:09 pm
Location: Alloa
Has thanked: 881 times
Been thanked: 1551 times

Re: MCE fallout

Post by wull »

I’m with them, think my renewal is February March time ish.
User avatar
wheelnut
Posts: 2232
Joined: Mon Mar 16, 2020 4:36 pm
Has thanked: 908 times
Been thanked: 1001 times

Re: MCE fallout

Post by wheelnut »

wull wrote: Wed Dec 08, 2021 7:46 pm I’m with them, think my renewal is February March time ish.
I’d hazard a guess as to say it’s not …..


…not with them anyway :)
User avatar
Yorick
Posts: 16754
Joined: Sat Mar 14, 2020 8:20 pm
Location: Paradise
Has thanked: 10274 times
Been thanked: 6891 times

Re: MCE fallout

Post by Yorick »

Kin ell. False news. You still get 90% payout.

it's not like you get cancer. Get a grip
User avatar
Cousin Jack
Posts: 4465
Joined: Mon Mar 16, 2020 4:36 pm
Location: Down in the Duchy
Has thanked: 2555 times
Been thanked: 2287 times

Re: MCE fallout

Post by Cousin Jack »

Yorick wrote: Wed Dec 08, 2021 10:27 pm Kin ell. False news. You still get 90% payout.

it's not like you get cancer. Get a grip
I am sure you would be happy if I came and torched your bike, and then offered you 90% of it's value.
Cornish Tart #1

Remember An Gof!
User avatar
wull
Posts: 3067
Joined: Sun Aug 15, 2021 6:09 pm
Location: Alloa
Has thanked: 881 times
Been thanked: 1551 times

Re: MCE fallout

Post by wull »

Definitely won’t be with them. I’m presuming I’m still covered and will obtain a further one years no claims when the time comes.
User avatar
Yorick
Posts: 16754
Joined: Sat Mar 14, 2020 8:20 pm
Location: Paradise
Has thanked: 10274 times
Been thanked: 6891 times

Re: MCE fallout

Post by Yorick »

Cousin Jack wrote: Wed Dec 08, 2021 10:37 pm
Yorick wrote: Wed Dec 08, 2021 10:27 pm Kin ell. False news. You still get 90% payout.

it's not like you get cancer. Get a grip
I am sure you would be happy if I came and torched your bike, and then offered you 90% of it's value.
It's not insured for fire.
User avatar
McNab
Posts: 392
Joined: Mon Mar 16, 2020 4:07 pm
Has thanked: 131 times
Been thanked: 178 times

Re: MCE fallout

Post by McNab »

I got an email from them yesterday to tell me that my policy will end at the end of the month instead of October like it should. Apparently I have to apply to the FSCS for a refund.
User avatar
wull
Posts: 3067
Joined: Sun Aug 15, 2021 6:09 pm
Location: Alloa
Has thanked: 881 times
Been thanked: 1551 times

Re: MCE fallout

Post by wull »

The other week I was searching for something and found my policy which is with Swinton, not sure why I thought I was with MCE, must have been the prior year.
PitaNaanRoti
Posts: 297
Joined: Thu Mar 19, 2020 8:24 am
Has thanked: 25 times
Been thanked: 54 times

Re: MCE fallout

Post by PitaNaanRoti »

wull wrote: Wed Dec 08, 2021 7:46 pm I’m with them, think my renewal is February March time ish.
No renewal and ALL policies taken put between January and November 2021 WILL be cancelled on the 31st Jan 2022
User avatar
wull
Posts: 3067
Joined: Sun Aug 15, 2021 6:09 pm
Location: Alloa
Has thanked: 881 times
Been thanked: 1551 times

Re: MCE fallout

Post by wull »

PitaNaanRoti wrote: Wed Jan 12, 2022 6:25 pm
wull wrote: Wed Dec 08, 2021 7:46 pm I’m with them, think my renewal is February March time ish.
No renewal and ALL policies taken put between January and November 2021 WILL be cancelled on the 31st Jan 2022
See my last post
The Spin Doctor
Posts: 4096
Joined: Mon Mar 16, 2020 6:17 pm
Has thanked: 2636 times
Been thanked: 1523 times

Re: MCE fallout

Post by The Spin Doctor »

Disappointing... they must have completely imploded financially.
"If a man does not keep pace with his companions, perhaps it is because he hears a different drummer." Henry David Thoreau
www.ko-fi.com/survivalskills www.survivalskillsridertraining.co.uk www.facebook.com/survivalskills
PitaNaanRoti
Posts: 297
Joined: Thu Mar 19, 2020 8:24 am
Has thanked: 25 times
Been thanked: 54 times

Re: MCE fallout

Post by PitaNaanRoti »

The Gibraltar based Insurer has by all accounts just rolled up the business.
Nothing atm to say they were in trouble but just decided to call in administration and fold.
Its a load of bullshit as some of my policy paperwork has MCE Insurance Limited on it in the US/THEM/ETC definitions with no mention of the Gibraltar company anywhere but they are still wrapping up those policies as well despite the cover being under the UK company.
User avatar
Pirahna
Posts: 1951
Joined: Wed Mar 25, 2020 7:31 pm
Has thanked: 1817 times
Been thanked: 1167 times

Re: MCE fallout

Post by Pirahna »

User avatar
Scotsrich
Posts: 794
Joined: Thu Mar 19, 2020 10:46 am
Location: East Lothian
Has thanked: 70 times
Been thanked: 549 times

Re: MCE fallout

Post by Scotsrich »

I’ve just been looking at quotes for my GS and MCE comes in well under anything else at £249.

Bennetts is next at £477.

I think I’ll keep looking. £249 isn’t bad…but it’s MCE.

I’m disappointed at Carole Nash which was nearly 600quid. They were always cheapest for my ZZR but when I got the Sprint they got too expensive and the GS 1200 was no better.
The Spin Doctor
Posts: 4096
Joined: Mon Mar 16, 2020 6:17 pm
Has thanked: 2636 times
Been thanked: 1523 times

Re: MCE fallout

Post by The Spin Doctor »

Scotsrich wrote: Sat Jan 29, 2022 10:37 pm I’ve just been looking at quotes for my GS and MCE comes in well under anything else at £249.

Bennetts is next at £477.

I think I’ll keep looking. £249 isn’t bad…but it’s MCE.

I’m disappointed at Carole Nash which was nearly 600quid. They were always cheapest for my ZZR but when I got the Sprint they got too expensive and the GS 1200 was no better.
Check who's underwriting the quote - MCE are now just a broker, not an insurer.
"If a man does not keep pace with his companions, perhaps it is because he hears a different drummer." Henry David Thoreau
www.ko-fi.com/survivalskills www.survivalskillsridertraining.co.uk www.facebook.com/survivalskills
User avatar
Scotsrich
Posts: 794
Joined: Thu Mar 19, 2020 10:46 am
Location: East Lothian
Has thanked: 70 times
Been thanked: 549 times

Re: MCE fallout

Post by Scotsrich »

The Spin Doctor wrote: Sun Jan 30, 2022 1:28 am

Check who's underwriting the quote - MCE are now just a broker, not an insurer.
Good point.

It’s a company called Sabre Insurance.

Good reviews on Trustpilot but all about how easy it is to get insured.

Reviews on another site about what happens after an accident aren’t too encouraging.
User avatar
Count Steer
Posts: 11830
Joined: Mon Jul 19, 2021 4:59 pm
Has thanked: 6382 times
Been thanked: 4763 times

Re: MCE fallout

Post by Count Steer »

Scotsrich wrote: Sat Jan 29, 2022 10:37 pm I’ve just been looking at quotes for my GS and MCE comes in well under anything else at £249.

Bennetts is next at £477.

I think I’ll keep looking. £249 isn’t bad…but it’s MCE.

I’m disappointed at Carole Nash which was nearly 600quid. They were always cheapest for my ZZR but when I got the Sprint they got too expensive and the GS 1200 was no better.
BMW used to offer decent insurance rates for BMWs, always found them to be competitive. Definitely used to offer very good discounted rates on the second one. (Obvs figured out that you can only ride one at a time :thumbup: ).
Doubt is not a pleasant condition.
But certainty is an absurd one
.
Voltaire
User avatar
Scotsrich
Posts: 794
Joined: Thu Mar 19, 2020 10:46 am
Location: East Lothian
Has thanked: 70 times
Been thanked: 549 times

Re: MCE fallout

Post by Scotsrich »

Count Steer wrote: Sun Jan 30, 2022 8:21 am
Scotsrich wrote: Sat Jan 29, 2022 10:37 pm I’ve just been looking at quotes for my GS and MCE comes in well under anything else at £249.

Bennetts is next at £477.

I think I’ll keep looking. £249 isn’t bad…but it’s MCE.

I’m disappointed at Carole Nash which was nearly 600quid. They were always cheapest for my ZZR but when I got the Sprint they got too expensive and the GS 1200 was no better.
BMW used to offer decent insurance rates for BMWs, always found them to be competitive. Definitely used to offer very good discounted rates on the second one. (Obvs figured out that you can only ride one at a time :thumbup: ).
I just tried them and the woman couldn’t get any quotes for me. She did accept my shed as ‘garaging’ so it might be due to the value of the bike.

Anyway she’s getting back to me tomorrow hopefully with some results.

In the meantime I’ve been mucking about with quotes with and without garaging and it does make a big difference in price. A lot of companies won’t even quote unless it’s garaged.

It’s all theory just now anyway as I don’t even have a reg number yet :D
User avatar
Count Steer
Posts: 11830
Joined: Mon Jul 19, 2021 4:59 pm
Has thanked: 6382 times
Been thanked: 4763 times

Re: MCE fallout

Post by Count Steer »

Scotsrich wrote: Sun Jan 30, 2022 12:37 pm
Count Steer wrote: Sun Jan 30, 2022 8:21 am
Scotsrich wrote: Sat Jan 29, 2022 10:37 pm I’ve just been looking at quotes for my GS and MCE comes in well under anything else at £249.

Bennetts is next at £477.

I think I’ll keep looking. £249 isn’t bad…but it’s MCE.

I’m disappointed at Carole Nash which was nearly 600quid. They were always cheapest for my ZZR but when I got the Sprint they got too expensive and the GS 1200 was no better.
BMW used to offer decent insurance rates for BMWs, always found them to be competitive. Definitely used to offer very good discounted rates on the second one. (Obvs figured out that you can only ride one at a time :thumbup: ).
I just tried them and the woman couldn’t get any quotes for me. She did accept my shed as ‘garaging’ so it might be due to the value of the bike.

Anyway she’s getting back to me tomorrow hopefully with some results.

In the meantime I’ve been mucking about with quotes with and without garaging and it does make a big difference in price. A lot of companies won’t even quote unless it’s garaged.

It’s all theory just now anyway as I don’t even have a reg number yet :D
Strange. The BMW people quite happy to quote and insure two new/newish bikes kept in a carport at my last house. This was viewable from the road. I don't remember the cost going down (no surprise there then!) after moving and garaging them. Maybe a postcode thing?
Doubt is not a pleasant condition.
But certainty is an absurd one
.
Voltaire