Help & FAQs    Search BCF    Members    Groups    Events Calendar
Resend my activation email : Register : Log in 
BCF: Bike Chat Forums


Insurance Bonuses?

 Reply to topic
Bike Chat Forums Index -> General Bike Chat
View previous topic : View next topic  
Author Message

Will87
Trackday Trickster



Joined: 20 Jan 2005
Karma :
PostPosted: 20:57 - 01 Feb 2005    Post subject: Insurance Bonuses? Reply with quote
How much does a 1yrs NCB actually knock off your insurance? In %? I'm just wondering this for the future to see how much can be saved.
 Back to top
View user's profile Send private message You must be logged in to rate posts

Yeti
Trackday Trickster



Joined: 02 Nov 2004
Karma :
PostPosted: 21:06 - 01 Feb 2005    Post subject: Reply with quote
I think it changes depending on which insurance company your with
____________________
Lifes a Beach!
 Back to top
View user's profile Send private message Send e-mail You must be logged in to rate posts

MarJay
But it's British!



Joined: 15 Sep 2003
Karma :
PostPosted: 21:10 - 01 Feb 2005    Post subject: Reply with quote
Usually about 10-15% for the first year. Not a lot really.
____________________
British beauty: Triumph Street Triple R; Loony stroker: KR1S; Track fun: GSXR750 L1; Commuter Missile: GSX-S1000F; Cheap project: CBR900RR FireBlade
Remember kids, bikes aren't like lego. You can't easily take a part from one bike and then fit it to another.
 Back to top
View user's profile Send private message Send e-mail You must be logged in to rate posts

Will87
Trackday Trickster



Joined: 20 Jan 2005
Karma :
PostPosted: 21:12 - 01 Feb 2005    Post subject: Reply with quote
i'm with Footman James at the moment.
 Back to top
View user's profile Send private message You must be logged in to rate posts

Ste
Not Work Safe



Joined: 01 Sep 2002
Karma :
PostPosted: 21:41 - 01 Feb 2005    Post subject: Reply with quote
Try getting some online quotes from thier website then to see how much difference it makes.
 Back to top
View user's profile Send private message Visit poster's website You must be logged in to rate posts

Sadie
World Chat Champion



Joined: 14 Jul 2004
Karma :
PostPosted: 23:25 - 01 Feb 2005    Post subject: Reply with quote
According to my new insurance policy from Carole Nash:

Quote:
If you do not make a claim under this insurance during the periods shown below, we will reduce your renewal premium as follows:

Number of years with no claim

One year - 15%
Two years - 25%
Three years - 33.3%
Four years - 40%
Five years - 50%

If you only make one claim in any period of insurance, and if the terms and conditions do not change, any no claim bonus which you have earned will be reduced at your next renewal as follows.

· From 50% to 33.3%
· From 40% to 25%
· From 33.3% to 15%
· From 25% or 15% to nil

If you make two or more claims in any period of insurance, you will lose your no claim bonus. If more than one motorcycle has been included at a reduced rate, then only one no claim bonus will apply overall. A separate no claim bonus will only apply to each motorcycle if the full premium has been paid for each machine.

Your no claim bonus cannot be transferred to another person.

____________________
With experience comes age.
 Back to top
View user's profile Send private message Send e-mail You must be logged in to rate posts

Azmodeus
Scooby Slapper



Joined: 24 Aug 2004
Karma :
PostPosted: 23:33 - 01 Feb 2005    Post subject: Reply with quote
Do you get it any cheaper for:

Being 21?
Having a full license?
Having a newer bike?
 Back to top
View user's profile Send private message You must be logged in to rate posts

Sadie
World Chat Champion



Joined: 14 Jul 2004
Karma :
PostPosted: 23:36 - 01 Feb 2005    Post subject: Reply with quote
Azmodeus wrote:
Do you get it any cheaper for:

Being 21?
Having a full license?
Having a newer bike?


I couldn't say on the first two, as it has been a long time since either was an issue!

On the "new bike" question, logic would indicate that your premiums would rise on the grounds that if the bike is written off, it will cost more to replace.
____________________
With experience comes age.
 Back to top
View user's profile Send private message Send e-mail You must be logged in to rate posts

rizo9
Nova Slayer



Joined: 04 Jun 2004
Karma :
PostPosted: 19:36 - 02 Feb 2005    Post subject: Reply with quote
1 year with NU is 17%

the max you can have is 5 and thats 50%
____________________
New bike Very Happy https://www.bikepics.com/members/rizo9/01rs125/
 Back to top
View user's profile Send private message You must be logged in to rate posts
Old Thread Alert!

The last post was made 21 years, 115 days ago. Instead of replying here, would creating a new thread be more useful?
  Display posts from previous:   
This page may contain affiliate links, which means we may earn a small commission if a visitor clicks through and makes a purchase. By clicking on an affiliate link, you accept that third-party cookies will be set.

Post new topic   Reply to topic    Bike Chat Forums Index -> General Bike Chat All times are GMT + 1 Hour
Page 1 of 1

 
 You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
You cannot attach files in this forum
You cannot download files in this forum

Read the Terms of Use! - Powered by phpBB © phpBB Group
 
Debug Mode: ON - Server: birks (www) - Page Generation Time: 0.09 Sec - Server Load: 1.21 - MySQL Queries: 13 - Page Size: 60.5 Kb