Help.. My COIed rider keep getting summons!!

[Wildswans]

If you selling the bike, the buyer should be able to get the policy under his own name and you will cancel your insurance policy

[KeraKing]

owner of policy doesn't necessarily mean owner of bike.

because it possible (through experience) for one bike to have two policies;

hence 4 riders

 

but if summon sure will look for owner of bike.

[IvikaRazI]

Hi Bros & Sis(s) (If any here at the post),

 

I got one question. If the bike is still under installments, can the ownership be transfered? Will shops honour this type of agreement?

 

I mean COI is still with the shop, the new owner will bear the cost of transfer & insurance. In this way, if anything happens, the new owner will be the rider. Thus leaving us out of the picture.

[william_liu]

Yes, most shops will allow, but some will need you to take a new loan with them. Some will let you transfer and continue the installments (sometimes have to pay 1~3 months installments upfront)

[Guest tangolima]

Actually, u can go with ur sub rider to LTA, tell them that u r no longer riding this bike.. And ask them to change the billing adress to ur sub rider place.. Shouldnt be a problem.. u can try call and ask first..

 

R u sure it is possible?

[GuiNNeSS]

tats why, it is very important to transfer name, COI is never a good idea

 

your stranger sub-rider may push everything away, denying he committed all this offence.