High Insurance quote

[Gonebiking]

I am a 60 year old with over 43 years experience, have never made a claim on my insurance in all that time, I went online to get a quote for third party fire & theft from Carole Nash on a 21 year old GPZ 500 worth about £900, the amount quoted was £11,284.22, I thought I may have made a mistake filling out the form so I went back over it, no mistakes I received exactly the same quote again.
Strange thing is on GoCompare and Confused.com the quote from Carole Nash for identical cover is £80.31, so why is it £11,203.91 more expensive on their website?

Anyone else had a very high unexpected quote when trying to get insurance?
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More Bikes, Less Cars, make the world a safer place !!

[Bhud]

[MCN]

TF&T insurance is now more expensive than comprehensive due to fiddlers buying cheaper policies to make claims on F&T

When did you last insure a motorcycle?

If you just got back into riding a motorbike for sure they will load a policy.

I have 9yrs NCD on one bike and 12 on the other.

I pay about 100 for a 2010 K1300GT and about 250 for a 2011 S1000RR.

Ist time I tried the insure the S1000RR Some quotes were 100000+ Qith avg. 25000.
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Disclaimer: The comments above may be predicted text and not necessarily the opinion of MCN.

[Easy-X]

11 grand is a silly number! If you were expecting £80 and got £800 then that would be a gentle "fuck off" from the underwriter that you're not the risk they're chasing this month.

But 11 bags?!! That sounds more like a computer glitch.

<edit> NVM, I stand corrected!
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Royal Enfield Continental GT 535, Husqvarna Vitpilen 401, Yamaha XSR700, Honda Rebel, Yamaha DT175, Suzuki SV650 (loan) Fazer 600, Keeway Superlight 125, 50cc turd scooter

[thx1138]

yeah many years ago on here I got a quote for over £20k for a 125, and the next nearest one was like £200

I guess the computer should've just filtered it out.

[Hong Kong Phooey]

Not sure how true this is, or where I'd read it but apparently if you're syndicated with a price comparison site you are encouraged not to refuse cover.

By whacking up a funky screen price, they're getting around any penalty while effectively refusing cover for an old bloke with a powerful beast.
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'81 CG125, '97 FZS600 : '99 CBR600F4, '09 KTM RC8

[suburban myth]

I've always taken silly numbers like this as "we don't really want your policy, but if you're silly enough to pay it...."

A friend recently blew his 1l Corsa to pieces, which was 14 years old and insurance was 300 and change for the year. He replaced it with an identical car, even to the colour, but had reached the 15 year milestone. Quote to change came back at upwards 4k to change for the remainder of the policy - not sure how long - official explanation after more than an hour on the phone was that the underwriter doesn't like to cover anything over 15 years old.

My guess is that some companies and underwriters have a target criteria which they see as most beneficial. To themselves.

[Gonebiking]

I phoned Carole Nash this morning to ask why the quote was £11,000+, they then gave me a quote of £186 which is still £106 higher than the Carole Nash quote on the comparison sites.

I found a quote of £84 fully comp on Bennetts so I've bought that one, stuff Carole Nash, they obviously don't want me, so I don't want them.
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More Bikes, Less Cars, make the world a safer place !!

[thx1138]

Carole Nash renewal letter whacked the insurance for my Beta way, way, way up. Phoned them up, and they said they'd lower it. Then messed me about on the phone for half and hour, then actually increased it even more.

[Ste]

[MCN]