Bike insurance - what would you do?

manic · Borekit Bruiser Joined: 23 Oct 2003 Karma :

One thing to bear in mind is that with TPO and TPFT only third parties are covered by your insurance, whereas with comprehensive yourself and passengers are covered too.
____________________
Pete

"Don't wait for your ship to come in, swim out and meet the bloody thing" Barry Sheene

G · The Voice of Reason Joined: 02 Feb 2002 Karma :

Your passenger is considered a 3rd party as far as I know. You obviously are not however.

There aren't many cases where I'd go for Comprhensive cover... because the total cost of a claim (lost NCB etc etc) will often come to a fair bit more than just sorting any damage out yourself.

Dusty · King of the Rim Joined: 25 Mar 2003 Karma :

Kickstart · The Oracle Joined: 04 Feb 2002 Karma :

Hex · Party Boy Joined: 04 Feb 2002 Karma :

NSR125-Kid-UK · Attention Whore Joined: 03 May 2003 Karma :

A Quote I had was £550 TPO for the NSR, or £900 FC with a £500 Excess. What about Fire and Theft? Would that be wiser?
____________________
https://www.bikepics.com/members/nsrandy/96rs250/ My Bike!

"I'm either going to teach andy to get his knee down, or I'm going to get him killed. One of the two" - Teaman

Hex · Party Boy Joined: 04 Feb 2002 Karma :

Depends, can you guarantee your baby wont get stolen?

I always go TPFT, never just TPO. Like G says I don't go FC due to the fact by the time I make a claim for my bike it will have cost me as much if not more than it would of to fix the damage myself.
____________________
The BCF's very own Party boy! Though he's getting old and feeling it!
Monkey hanger, Born and bred
My little photo portfolio

NSR125-Kid-UK · Attention Whore Joined: 03 May 2003 Karma :

I can't guaruntee it'll never get stolen, I'll probably ask about FPFT but the premiums are stupid Sad

. I know it's stating the obvious a bit but still Sad

.
____________________
https://www.bikepics.com/members/nsrandy/96rs250/ My Bike!

"I'm either going to teach andy to get his knee down, or I'm going to get him killed. One of the two" - Teaman

Kris · World Chat Champion Joined: 03 Feb 2002 Karma :

Low value second hand bike - TPO
Medium value second hand bike - TPFT
New bike - TPFT or Fully Comp if you can afford it Very Happy

HTH

____________________
NSR125RR - ZXR750H1 - ZX9R E1 - GSF600S - GSF600SK3 - VFR400-NC30 - SV1000N - ST1100-R - CBR900RR-R - GSF1200SK5 - GSF600SK1 - VFR1200FA - GSXR1000K2 - ZZR1400 D8F
www.prisonplanet.com

NSR125-Kid-UK · Attention Whore Joined: 03 May 2003 Karma :

I understood all that apart from the HTH bit.

Anyway if someone stole my bike i'd just cry and cry Razz

____________________
https://www.bikepics.com/members/nsrandy/96rs250/ My Bike!

"I'm either going to teach andy to get his knee down, or I'm going to get him killed. One of the two" - Teaman

Kickstart · The Oracle Joined: 04 Feb 2002 Karma :

Hex · Party Boy Joined: 04 Feb 2002 Karma :

Thats good to hear, my renewal through Bike Team was only £30 (or so) more than that and that allows me to ride any bike, may get back on to them and see if they will lower their price slightly all the same.
____________________
The BCF's very own Party boy! Though he's getting old and feeling it!
Monkey hanger, Born and bred
My little photo portfolio

Kickstart · The Oracle Joined: 04 Feb 2002 Karma :

Hi

The Bandit insurance renewal was £196 (including £12 legal cover) for fully comp with protected full no claims, and that covers me to ride bikes I do not own and also has Charlotte as a named rider. That is with Direct Choice, and is down from £256 last year for the same cover. Bennets wanted £288 I think without cover to ride bikes I don't own which is why I went to Direct Choice.

By the way the real phone quote from Direct Choice was alot lower than their online quote.

All the best

Keit
____________________
Traxpics, track day and racing photographs - Bimota Forum - Bike performance / thrust graphs for choosing gearing