bike insurance quotes

[CyrilSwan]

I was wondering if I could get some advice on this. My renewal is coming up on my 2 year old Honda CBF 125. So the bike is not that valuable, say around £1,400. I use it for a 36 mile round trip commute three times a week (in all weather).

Quotes I've had so far:

1.) £110 fully comp - £450 compulsory excess.
2.) £169 fully comp - £150 compulsory excess.

3.) £85 TPFT - £450 comp excess.
4.) £127 TPFT - £150 comp excess.

I'm initially inclined to go with option 4 as it has the least excess. I ride quite sensibly so I would be unlikely to be at fault for an accident. Given that (and I know there are no certainties here), is it better to go for the cheapest overall? I'm assuming if you are in a non-fault accident that the excess you pay is refunded to you.

Thoughts?
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Current: Honda 2015 MSX125.
Previous: Honda 2012 CBF125.

[lihp]

You only pay excess when claiming on your own policy for your own bike.

If you hit somebody and they claim, you do NOT pay excess, if somebody hits you, and you claim from them you do NOT pay excess.

If you hit somebody, somebody sets your bike on fire, or steals it, and YOU claim from YOUR policy, for YOUR bike, you pay the excess.

It's not worth putting a claim in for repair, theft or fire on a £1.4k bike, so just go with the cheapest (unless it's MCE)
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covent.gardens: lihp is my most favourite member ever

[DrSnoosnoo]

I'd possibly do 4. If your bike does get set on fire AND you want to claim for the £1400 to buy another 125, that should be decent money £-150 = 1250.

Getting less than a grand though would restrict your options. And look at it this way, it's £40 that could save you £300.
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I'm Sam; Northern, Ginger, Lover
Did have: '95 ZZR600 '83 CG125 '97 ZZR1100 '15 Hypermotard 821 SP Do Have: '10 ZX10R

[lihp]

[DrSnoosnoo]

[TheArchitect]

any of those quotes would do me nicely compared to the premiums I'm paying (i commute so that increases it a bit but still).
____________________
GSXR 600 K6 - Stolen
GSXR 600 K6 - Stolen
MT09 - Almost stolen

[Rogerborg]

Cheapest quote, spend the savings on security.
____________________
Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike

[CyrilSwan]

Thanks all, cheapest quote is bikesure. Any good?
____________________
Current: Honda 2015 MSX125.
Previous: Honda 2012 CBF125.

[Wonko The Sane]

[Andy9934]

For that difference, definitely go fully comp. Sure, you're not likely to have an accident but if you need a month off work after being hit by an uninsured driver then you'll likely be pleased you paid the extra £44.

Do consider the company you'll be insuring with. Are they c***s?
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Surrey
Honda Varadero XL125

[arry]

[arry]

[MC]

I thought fully comp normally included a few extras third party doesn't.
____________________
Yamaha MT-03 '08 (crashed)
Honda XR-125L '04

[arry]

[Albigularis]

Some Fully Comp policies include some form of Personal Injury Benefit, but it's usually a pittance. The standard for esure for our car is £1000, but you can take optional extras to take it up to £100k.

Fully comp vs TPFT, the only difference is you can claim accidental damage on the FC. The rest is all down to what the insurer offers, so best give them a call and see what's included.
____________________
Biking history so far-
Aprilia RS125 - Kawasaki ZXR400 - Triumph Street Triple R - Suzuki GSXR1000 L3 - BMW R1200GS - Kawasaki Z1000 - Kawasaki ZX10R C1H - Ducati Multistrada 1200 S Touring - Suzuki Hayabusa

[CyrilSwan]

Thanks all for your help and advice. I'm going with the cheapest option at bikesure. This has brought up a new question though.

I currently hold a full motorcycle A1 license. The only option to pick is full uk license. Now on the confirmation screen it says "License Type: Category A Motorcycle Test".

Is this an oversight by them or a good excuse for them to say you don't have a category A test but a category A1 test therefore your insurance is invalid, therefore do one?
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Current: Honda 2015 MSX125.
Previous: Honda 2012 CBF125.

[Albigularis]

[arry]

[CyrilSwan]

Called them, they've done it over the phone making the policy £10 dearer but at least it says A1 now. Their excuse is that it was the comparison sites fault (nowhere to amend it online once at the providers site).
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Current: Honda 2015 MSX125.
Previous: Honda 2012 CBF125.

[arry]

[Albigularis]

[Ste]

Insurers can't refuse to pay out to third parties.

If the cover wasn't valid then they can then pursue the policy holder for their costs. As to if the funds can be 'taken from you in a court'... if you've got hundreds of thousands or millions of pounds of assets then it probably would end in a court room. If you don't have that type of money then good luck to them in taking that money from you in a court.

[Rogerborg]

[MC]

[Rogerborg]

Gently.

By default, "fully comprehensive" insurance covers repairing or replacing your vehicle (less an excess) after it suffers damage where the costs can't be recovered from someone else.

That, and only that. It doesn't cover recovery, "legal fees", personal injury, courtesy/hire cars, or a nice cup of tea to settle your nerves.

Your specific broker on your specific policy may have tacked on some extras. But that'll be entirely down to your contract, they won't necessarily apply to anyone else.
____________________
Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike