Ludicrous insurance result.

[Huambo81a]

Common boring story I know, just an extreme example.

So I get the renewal notice through, it's gone down from £550 to £480 (one years no claims after a break of 4 years riding)

Fair enough I think. Before I ring them up I'll just check money supermarket.

Same company, less mileage added (as I know I don't do 15000) everything else the same.

£192, a saving of £288. Ring up, changed no problem. Monthly payments now 17 instead of 43.

What the very fuck.

I should add the point is not to make a "eh look at me" thread, more that I'm annoyed that we're all constantly hoodwinked. I check online every renewal, but I've never seen such a drop with the same company.
____________________
Present: 2017 KTM Super Adventure S
Past: 97 Bandit 600 / 05 Bandit 1200 / 03 ZX6-R / 2006 Tuono R / 2001 VFR 800 / 2010 Street Triple R / 2013 Speed Triple S / 2017 S1000XR

[gfrancisdev]

straight off cbt: 600 third party...8 months and 1 crash down the line: 150 fire+theft, or 500 fully comp...
____________________
ybr125(07 silver)-killed 2013/4/3 on some ice
ybr125(06 blue), KE100(89 green-black-puke)

[Villers]

They must make so much coin out of serial renewals. Everytime my car/house/bike comes up for renewal its always considered a best offer. Similarly theres the old 'have you had a quote, if so whats your best price' why on earth would they want to know that unless they were going to quote you a penny under it despite the actual quote being 100's less.

Incidentally, 31 years old, no claims/convictions, 6 years ncb, garaged RSVR1000 - TPFT £96, FC £127. Go figure!
____________________
RS125 > CBR6 > SV650S > ZX636R > GSX1300RZ Hayabusa > 06 RSVR Mille > SV1000S > Street Triple 765 RS

[-Matt-]

Does anyone know if theres a particular age at which insurance tends to steeply drop. I still get really high quotes [after thoroughly searching this is].

Admittedly i'm on a ZX6 so at 23 years old its probably considered very high risk even though i've got 6 years NCB.

For example this year it was 450 TPFT iirc. FC is something ridiculous like 800 so i basically just have to take my chances on TPFT each year at the moment. 2 years prior to that were around the 600-700 mark TPFT

I'm hoping at 24 it might drop a bit but ...

[SteveZZR]

[-Matt-]

In bristol which i know is bad for car theft as a generalisation, so i presume bike theft also - but my specific area of bristol at the moment is definately not going to be a hot spot which is why i've always been baffled.

Bikes are lock-garaged also. I don't know if its just because of the bikes value being 3-4k or something around that vs a slightly older model maybe i'm being stung on that but i have really searched deep each year and theres nothing cheaper to be had what so ever.

No accident of claim history or criminal charges etc litearlly a 'perfect customer' essentially - hence it baffles me why they're still so high after nearly 7 years NCB

[Wafer_Thin_Ham]

£450 odd on my 954 TPFT. Not too bad. A Mille at 19 was £650 IIRC.
____________________
My Flickr

[-Matt-]

Whats your age and NCB if you dont mind me asking Wafer

[waffles]

I swear insurance companies just lob darts on a dartboard and use that to create renewal quotes. My gixer last year was £400 fc, they wanted £600 to renew and I managed to get it for £300 by phoning around. Allegedly the company I was with wasn't offering the same level of cover for me so they offered the next best (and cheapest, lol) alternative.
____________________
Theory test - 19/8/09, CBT - 11/10/09, MOD 1 - 16/8/10, MOD 2 - 27/10/10
Past rides Yamaha XT125X, Triumph TT600, Honda XR250
Current rides Suzuki GSXR 600, Honda MSX125

[-Matt-]

Wouldn't suprise me.

Probably don't even have staff in the quotes office - just a giant roulette wheel endlessly spinning and picking numbers.

[Wafer_Thin_Ham]

[janner_10]

You have to be some sort of idiot to not look around every renewal time. My missus car insurance with Tesco was £647 at renewal - admiral £194!!

Cunts!
____________________
Yamaha FZS600 (Now gone to heaven) > CBR600F4i (SOLD) > '99 YZF-R1

[-Matt-]

[P.addy]

[SteveZZR]

I looked at a Ducati SS 600 because one with a receipt for a big service 2 weeks prior was going for £600 (although despite being called 'supersport' it's lower spec than an SV650. Wouldn't quote to add to my policy and wanted £695 on it's own policy; purely because of it being a Ducati.

[Frost]

My car insurance was 670. After 6 months I changed to a cheaper car and when i told them it actually reduced my premium enough to get some money back. When it came to renewal they wanted 720!
Went elsewhere and got it for £270.

Loyalty gets you nothing.

[Villers]

Its hard to compare though, when I was 21 I was paying £600 tpft with 1 years ncb on a CBR6, however you were only 11 at the time lol. Its bizarre that insurance is a legal requirement yet no-one can work it out with any degree of accuracy. Just goes to show its a game stacked in their favour.

Someone mentioned cars, full ncb 31years old brand new Leon 1.2tsi £130 fc. Last car was a volvo c30 t5 - £210 fc, before that nissan xtrail diesel £410 fc lol
____________________
RS125 > CBR6 > SV650S > ZX636R > GSX1300RZ Hayabusa > 06 RSVR Mille > SV1000S > Street Triple 765 RS

[Shaft]

[Rogerborg]

[Shaft]

[Frost]

It can honestly be as stupid as phoning them up to tell them you're now parking your bike in a garage and them putting your premium up 300% and charging you an admin fee on top.
Years ago a friend wrote a car off drunk, lost his licence and made a claim. Next year his insurance was actually cheaper!

[Shaft]

[iMark]

[Kai.Wilson]

I did a quote on a r6 as if i had a full licence and fully comp and 20 y/o was on £400 f/c.

With me and the Missus moving in together in the next 3 months and our baby being born I,m going to learn to drive


Did the normal cars for a 20 y/o

Fiesta 1.4 06 - £2k
Corsa 1.4 55 - £2.2K

Then as a joke (i can afford to run one)

Landrover Freelander 2.5TDi on a 55 (or near that) £1k

So fuck nows how it all works lol

[Frost]

A lot of it is done on profiling. How many young guys have written off your car of choice? Fuck loads if it's a corsa!

My current pimpmobile is a 1.2 8v punto blasting out about 56bhp. It's very cheap to insure.