Need advise on an insurance issue I'm having.
I normally insure my bike for the most basic I can get with ICBC and then get my comprehensive through another company, which I'll not dame for purposes of libel but who I've been very happy with until now.
A month or so after I renewed my policy this year I bought a new bike, transferred the plates and uninsured as far as ICBC is concerned. I also called my 3rd party insurer and they told me they'd transfer the policy over, no problem, and would charge me a $20 or so fee for the transfer. Happy days!
I just got a call from them saying there was a mistake, and that I can't cancel the policy unless I sell the bike, and that they can just add my second bike to the policy. So now, even though I've uninsured the first bike through ICBC and there's no way for me to put a claim on it, I have to pay an extra 400 bucks or so. WTF?
So my ask is this: what do I have to do to "sell the bike" in their eyes? Do I have to go in with a receipt as proof that it's been sold? Do I have to sell it to my friend for a dollar (plus tax), and then go in, or can I just go in and say "it's sold. Take it off the fucking policy."
Anyone experience this?