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Bike, well any vehicle Insurance (without the red blobs)

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Polarbear
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Joined: 24 Feb 2007
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PostPosted: 17:47 - 26 Jan 2022    Post subject: Bike, well any vehicle Insurance (without the red blobs) Reply with quote

Has anyone renewed their bike insurance recently? My car insurance is due (for both wifies and my car) and has dropped significantly, About £80 down between both cars and that's purely a renewal quote, no confused.com searches yet.

I'm curious to know if the bike ones are dropping as well. I have to renew mine when the better weather arrives (yes, I am officially a summer riding pussy) so it might pay to do it now rather than wait and find insurance going up like everything else.

Anyone with a crystal ball I suppose Laughing
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Freddyfruitba...
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Joined: 20 May 2016
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PostPosted: 18:05 - 26 Jan 2022    Post subject: Re: Bike, well any vehicle Insurance (without the red blobs) Reply with quote

Polarbear wrote:
My car insurance is due (for both wifies and my car) and has dropped significantly, About £80 down between both cars and that's purely a renewal quote

This will probably be because the rules have just changed, preventing insurers from charging more for renewals than they do for new policies. I'd have expected this change to result in higher premiums for newbies rather than lower ones for renewals, but maybe it's a bit of both.
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t121anf
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PostPosted: 10:13 - 27 Jan 2022    Post subject: Reply with quote

Bike policy dropped a lot last year, gone back to more normal prices this year.

No significant changes, got loads of NCB and old so not like I'm a 21 yr old who just got their first years NCB.

Don't recall car insurance changing much back in September.
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ThunderGuts
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Joined: 13 Nov 2018
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PostPosted: 10:42 - 27 Jan 2022    Post subject: Reply with quote

VFR insurance renewed in Nov/Dec last year - big drop. No idea why but I'm not complaining! Comparison site had a lower price for my existing insurer than their renewal though, but when I rang up they aligned it for me.
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rpsmith79
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PostPosted: 13:29 - 27 Jan 2022    Post subject: Reply with quote

Just had my renewal through for my Street Triple from Hastings, was £183 last year, renewal with same company is £168

Though if i go back to the same insurance company and take out a fresh quote, its £162 (with protected no claims this time, and a lower excess)

The strangest thing was the excess, with £200 voluntary (£400 compulsary) it was £162.08

With £0 voluntary (£400 compulsary) it was £162.02

Figure that out Shocked
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Freddyfruitba...
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PostPosted: 13:54 - 27 Jan 2022    Post subject: Reply with quote

rpsmith79 wrote:
The strangest thing was the excess, with £200 voluntary (£400 compulsary) it was £162.08
With £0 voluntary (£400 compulsary) it was £162.02
Figure that out Shocked

I've often found that having spent absolutely ages on the comparison sites etc looking up zillions of quotes with lots of permutations of compulsory and voluntary excesses, it can be very instructive to go back and double-check the excesses before clicking 'buy'.... never make assumptions. Sometimes you pay a trivial extra premium for a huge increase in excess, and other times, like you, I've been able to bring the excess right down with no effect on premium at all. I assume that the companies concerned effectively 'plateau' the premium at a particular level of excess.
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Fat Angry Scotsman
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Joined: 12 Jan 2021
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PostPosted: 13:41 - 08 Feb 2022    Post subject: Reply with quote

After MCE fucked me on both bike policies, I went with Bikesure on a multi-bike policy. Fuck me, the amount of backwards and forwards with these cunts and their underwriter. Price of the insurance has went up twice over two conversations because they said to me that I said one of my bikes will be on private property (which it will be 99 nights out of 100 in reality) but if its' parked anywhere else overnight then insurance won't cover it, so that forced my hand in case on the one-time that it is parked up overnight somewhere other than home it gets fucked, nicked, etc.

Then I made the mistake of answering truthfully on whether it had modifications, even though they were done by the previous owner (the can, heated grips, etc) and this caused some backwards and forwards.

The cost increase was only something like £38 but I am more annoyed that I've had to be on calls with them totalling about two hours. Never going to bother trying multi-bike policies again. Rolling Eyes
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