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Milesprower |
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Milesprower Two Stroke Sniffer
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Ste |
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Ste Not Work Safe
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Polarbear |
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Polarbear Super Spammer
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Posted: 22:29 - 19 Aug 2020 Post subject: |
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As Ste says, play around with the variables. Don't lie, just stretch the truth a little.
Take me, I never said I was in the merchant navy as they don't like that job for some reason, but an engineer in the oil industry seemed much more acceptable. ____________________ Triumph Trophy Launch Edition |
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arry |
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arry Super Spammer
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arry |
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arry Super Spammer
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The Shaggy D.A. |
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The Shaggy D.A. Super Spammer
Joined: 12 Sep 2008 Karma :
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Posted: 08:24 - 20 Aug 2020 Post subject: |
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Go through the comparison sites as suggested here :-
https://www.moneysavingexpert.com/insurance/motorbike-insurance/
It's not a 5 minute exercise though. ____________________ Chances are quite high you are not in my Monkeysphere, and I don't care about you. Don't take it personally.
Currently : Royal Enfield 350 Meteor
Previously : CB100N > CB250RS > XJ900F > GT550 > GPZ750R/1000RX > AJS M16 > R100RT > Bullet 500 > CB500 > LS650P > Bullet Electra X & YBR125 > Bullet 350 "Superstar" & YBR125 Custom > Royal Enfield Classic 500 Despatch Limited Edition (28 of 200) & CB Two-Fifty Nighthawk > ER5 |
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Riejufixing |
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Riejufixing World Chat Champion
Joined: 24 Jun 2018 Karma :
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Posted: 08:43 - 20 Aug 2020 Post subject: |
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To add to this, consider the value of your bike versus the cost of insurance and the amount of any "excess" you have to pay, plus any increase in premium "next year" if you claim. It could be best to insure it third-party only, i.e. the insurance will pay out for other people should you damage them or their property, but it won't pay you if your bike is stolen/bursts into flames/you bend it. By the way, I have never found any insurer charge less for comprehensive cover than third-party, which I have occasionally heard can be true. Consider the options, bung details into a couple of insurance comparison sites, and call anyone that you know is not catered for by those sites. Sometimes if you "select insurer" direct from the comparison site, it can lead to a lower premium than going through the rigmarole on the insurer's site itself, which is bizarre. |
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rpsmith79 |
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rpsmith79 World Chat Champion
Joined: 31 Jan 2017 Karma :
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Posted: 08:51 - 20 Aug 2020 Post subject: |
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Riejufixing wrote: | To add to this, consider the value of your bike versus the cost of insurance and the amount of any "excess" you have to pay, plus any increase in premium "next year" if you claim. It could be best to insure it third-party only, i.e. the insurance will pay out for other people should you damage them or their property, but it won't pay you if your bike is stolen/bursts into flames/you bend it. By the way, I have never found any insurer charge less for comprehensive cover than third-party, which I have occasionally heard can be true. Consider the options, bung details into a couple of insurance comparison sites, and call anyone that you know is not catered for by those sites. Sometimes if you "select insurer" direct from the comparison site, it can lead to a lower premium than going through the rigmarole on the insurer's site itself, which is bizarre. |
When i had my 125, i was quoted more for 3rd Party only than i was for TPF&T.............. not sure how that works
Bearing in mind i was in my late 30's at the time, and held my car licence since i was 18, so not a spotty teenager with no road experience ____________________ Current Bike: Honda CG125 ES4 // Honda CB600FS Hornet // Triumph Street Triple R |
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arry |
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arry Super Spammer
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Riejufixing |
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Riejufixing World Chat Champion
Joined: 24 Jun 2018 Karma :
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Posted: 09:19 - 20 Aug 2020 Post subject: |
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arry wrote: | rpsmith79 wrote: |
When i had my 125, i was quoted more for 3rd Party only than i was for TPF&T.............. not sure how that works |
The Third Party Only client base performs worse in motor insurance overall (which is obviously heavily skewed towards cars rather than bikes). The gut feel is always that people that go TPO don't give much of a toss for their vehicle and drive accordingly. |
I've never seen that, either. If people bother to insure at all, the website or broker will tell them what's cheapest, so a TPO client will rapidly become a TPFT client.
If people don't care about their vehicles, it does not bother the insurer, as long as there's no third-party claim. That's why, for instance, the insurer does not give a hoot where you keep the thing, it could be with the key in, by the side of the road, in London, they would not care at all (same for garaging, etc). They don't cover the risk if it's TPO, so it does not matter to them. If it's TPFT or Comprehensive, they certainly do care.
If anyone finds an instance where a comparison site says the cost isn't Comprehensive > TPFT > TPO, I would be very interested to see it.
Edit: One comparison site (m/smkt?) shows premiums for TPO/TPFT/Comprehensive in columns after you've put your stuff in. Very useful/good for posting screenshots.
Last edited by Riejufixing on 09:25 - 20 Aug 2020; edited 1 time in total |
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Riejufixing |
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Riejufixing World Chat Champion
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rpsmith79 |
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rpsmith79 World Chat Champion
Joined: 31 Jan 2017 Karma :
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Posted: 09:28 - 20 Aug 2020 Post subject: |
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Riejufixing wrote: | rpsmith79 wrote: | When i had my 125, i was quoted more for 3rd Party only than i was for TPF&T.............. not sure how that works
Bearing in mind i was in my late 30's at the time, and held my car licence since i was 18, so not a spotty teenager with no road experience |
Perhaps if you used a website, the coding was wrong. If a broker, they may have made a mistake. What? An insurer, covering third party AND fire AND theft for less than the cost of third party only? They'd never sleep at night! |
It was all done on price comparrison sites, and it wasn't just 1 or 2 insurers, it was pretty much all of them, like for like, when comparing TPO and TPF&T ____________________ Current Bike: Honda CG125 ES4 // Honda CB600FS Hornet // Triumph Street Triple R |
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Riejufixing |
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Riejufixing World Chat Champion
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Posted: 09:45 - 20 Aug 2020 Post subject: |
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I've just chucked some details at M/smkt. Proposer is: Married, Policeman, SW1A 2JL (New Scotland Yard), works in "pollution control", 35yrs, full car licence, no car, provisional m/c licence obtained 04/2005, 0 years NCD, start ins 1/Sep, bought M/C 04/2020, not disabled, insured only, no pillion, TPFT, SDP+commute, 5,000-5,999 miles/year, annual payments, 2018 YZF-R125, kept on driveway, £2,222 value.
Quote ref: 202008201019914 email: JohnDory@maildrop.cc (NOTE: no details are mine!) for https://www.moneysupermarket.com/motorbike-insurance/quote/Default.aspx
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Cheapest quote is £523.99 for Third Party Only cover.
Cheapest MCE: Comp=£1061.44, TPFT=£787.30, TPO=£523.99
Note, this won't be the best insurance, which will be more expensive (up to about 6 times more!).
It should be possible to fiddle with the details in the quote and see what's what. There's a tab to switch Comp/TPFT/TPO, at least the first 10 are priced in that order.
That's not to say that when you used a comparison site there wasn't someting the matter with it, and it gave odd resuts. |
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arry |
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arry Super Spammer
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Riejufixing |
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Riejufixing World Chat Champion
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Ayrton |
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Ayrton World Chat Champion
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Riejufixing |
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Riejufixing World Chat Champion
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Milesprower |
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Milesprower Two Stroke Sniffer
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Ste |
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Ste Not Work Safe
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arry |
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arry Super Spammer
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Riejufixing |
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Riejufixing World Chat Champion
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Posted: 10:52 - 20 Aug 2020 Post subject: |
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Hm, interesting. I too ran some details (similar to the motorbike quote above), and as an example got:
Quote Detective: Comp £1,487, TPFT=£1,278 , TPO=£1,278
Be Wiser: Comp=£2,235, TPFT=£2,215, TPO=£2,215.
Onecall: Comp=£2,346, TPFT=£2,346, TPO=£2,346
EDIT: RAC were actually significantly more, including excess, for TPO.
How very strange and interesting. I will give them a ring.
Edit: No can ring, online... "We aim to reply to you within one working day". |
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Riejufixing |
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Riejufixing World Chat Champion
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arry |
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arry Super Spammer
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Ste |
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Ste Not Work Safe
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Ayrton |
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Ayrton World Chat Champion
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Old Thread Alert!
The last post was made 3 years, 292 days ago. Instead of replying here, would creating a new thread be more useful? |
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