Whats best?

[kelloggs02]

So I have a CBR 125 04 plate and im just about to do my CBT,

Which is best when taking out insurance?

FC or TPFT?

I dont want to have to over pay if I dont have to.
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Yes I'm a newbie - be nice please

[kerr]

It all depends how much the bike is worth, obviously fully comp is better, it covers you if you smash into someone but if your bike is worth the same or less than your excess its pointless.
Like me my bike is worth around £600 and my excess if it got nicked or i smashed it is around 4 - 500 so would be pointless me claiming anyway, so 3rd party only for me.
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aprilia 125 Af1 Futura >> Suzuki gsxr 600 srad >> J1 zx6r >> cbr 600rr >> Speed Triple

[Alpha-9]

Depends if you ever intend to claim.

TPF&T till i'm rich, then fully comp pricey bike here I come
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Fzr-600 1999

[kelloggs02]

What about excess cover though for fully comp with an excess as much as the bike cost?

Or is that a scam no one has let me in on lol
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Yes I'm a newbie - be nice please

[kerr]

[kelloggs02]

Yeah sorry I probably didnt word that very well...

what i mean is excess insurance, so a separate company will "insure" your excess for a fee, so if you ever have to claim they repay most or all of the excess you paid to your insurer depending on how much you pay them (like £50 for the year)

Friends of mine have this but have never had to claim so not sure on if its actually good.
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Yes I'm a newbie - be nice please

[kerr]

Hmm never actually heard of that, suppose it all depends how much it costs really.
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aprilia 125 Af1 Futura >> Suzuki gsxr 600 srad >> J1 zx6r >> cbr 600rr >> Speed Triple

[Turkish]

[FantasticMrFo...]

I'll try to help by giving you a run down of an experience I had, maybe it will help clarify things for you.

When I passed my CBT, I brought a brand new CBF125, as it was brand new I insured it fully comp, I was unsure what an excess was and assumed the higher the better (BIG MISTAKE) It was a mandatory excess of £500 to which I (STUPIDLY) added a £500 voluntary excess.

Within a month I had an accident, took a bend too fast and pulled the front brake, locking the wheel up which sent me careering into a parked Merc, I was left in hospital for a foughtnight.

My insurance covered both the damage to the Merc and to my bike, yet the damages to my bike didn't tally up to a grand (which is what I'd have had to pay if I had claimed it, you pay your excess, the insurance covers the rest.) so it was POINTLESS me claiming through my insurance, which also meant going fully comp was pointless for me.

Now had my bike been stolen, as it WAS (isn't any more) worth £2300, had I claimed I'd have received a cheque from my insurance company for £1300 (value of the bike MINUS the excess)

I'm now covered TPF&T with an excess of £300 and a bike worth £1500 if I'm lucky.

Hopefully that will help explain it a bit and help you make a decision.

HTH
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Women are the cause of ALL accident's, If it isn't because one has run you off the road, it's because you have spent too long checking her out and driven up the arse of the car in front!
That or she's parked on an island, on a bend, leaving a gap even an anorexic couldn't fit through sideways!

[Teflon-Mike]