fully comp or fire & theft

[lee8040]

i have bandit 600 i bought it just over a year ago for about £900. im unsure wether to go for fully comp insurance or third party fire and theft for my renewal. im thinking now the bike would hardly be worth anything and i think both policys have an excess of £150. which would you choose if you hadmy bike?

[CaNsA]

I was TPFT last year and really wished i was Fully Comp as my bike got trashed by cunts.

I would say go FC cos u cant do anything to prevent you bike getting trashed if u park it up somewhere.

Peace

[lee8040]

but if my bike was £900 over a year ago with an excess of £150 how much would i likely get now it wouldnt be much i think

[lee8040]

https://www.parkers.co.uk/motorbikes/used-prices/Valuation.aspx?deriv=4151&plate=56

i suppose on that guide i should still get £300 or £400 in the event of a claim

[Thom]

TPFT for me, if someone trashed my bike (Although i ahvent ever heard of that happening up here!) it'd be cheaper for me to replace the damaged parts than to go through insurance. And i think this would be the case no matter how old you are?
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Current Bike: 1996 Yamaha TRX850 (The Japanese-Ducati One).
Previous Bikes: 1990 Honda NSR125 'Rothmans' (The smoking one), 1990 Suzuki GS500e 'Caf? fighter' (The loud one), 1987 Kawasaki GPX400r (The quick one), 1997 XJ600s Diversion (The reliable one), 2000 Kawasaki ER-5 (The spontaneously combustive one)

[lee8040]

im torn now

[Kickstart]

Hi

With fully comp there is the issue of whether you can afford to claim. A claim and loss of no claims might mean the extra on the renewal is more than you got from the claim.

Where you are better off is where someone is trying to claim from you as well. In which case no extra costs to you if you claim as well.

If you are not at fault it also has the advantage that you can claim from your insurance and let them deal with it, unlike tpft where you would be claiming direct from the other insurer and probably waiting far longer.

All the best

Keith
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Traxpics, track day and racing photographs - Bimota Forum - Bike performance / thrust graphs for choosing gearing

[plugger147]

Not 100% but if your fully comp and have a spill can't your claim for your injuries/ loss of earnings etc?

What's the cost difference between the two?
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Tristan the wrote: just whipped off my trousers to find a big bruise on my arse, caused by matt rear ending me...

[swiftb]

depends on your own individual circumstances but personally i would never go fully comp on anything worth less than a grand. TPFT covers my main concern (which is theft) at a much cheaper price. If I dropped it - depending on how severe the drop was, I would either live with minor damage or replace with 2nd hand parts. If I wrote it off then you 'live and learn'.

[Kickstart]

[Handsome]

Just insured the Kwak as Fully Comp, got five years no claims ( every 8 months I get a full years, been riding for three/nearly four years ) came in at 225 pounds...

I had the NSR as Fully Comp aswell, the way I see it is if you can afford it, have it...Just my two pence, I know other people see it differently, as seen above...Meh...
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Previous Bikes...Honda NSR 125 RR...Kawasaki Zephyr 550...Suzuki SV 1000 S...Yamaha FZ8...Current Bike...Suzuki GSX-R 750...

[Villers]

When I was younger and had my CBR6 I was TPFT, I figured at £2k it was a throw away bike and was only worried about hitting someone else. My problem came when I was hit by someone else and despite it being black and white I think I got let down by the insurance company who because I was TPFT completely wiped there hands of it and left me on my own. Thank god for legal insurance.

My bike as it turned out wasn't badly damaged in said incident and I could still ride it, which was lucky as I didnt get a payout until nearly 4 years later, and even then the opposition said that since I hadnt fixed the bike I deserved no cash. Bastards.

The flip side is, if I had claimed when I came a cropper six months later (had I been fully comp) for my trashed CBR6 then I doubt I would have got much after my excess and the difference in hike for my premiums would probably have meant that I would have my gorgeous Hayabusa in the garage now.

Its a shame that something you need by law can be run by complete vampires who welcome you with a smile saying 'don't worry we will take care of you' and then when it goes tits up they just want to crucify you and make you feel like a criminal

Imagine paying £500 for something and then being told if you use it its going to cost you £300 and then you will need a new one next year and it will cost you twice as much
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RS125 > CBR6 > SV650S > ZX636R > GSX1300RZ Hayabusa > 06 RSVR Mille > SV1000S > Street Triple 765 RS

[Flip]

I'm paying £275 FC for my XJR13 this year with Carole Nash. I could probably get it cheaper but I like the service I get. I pay an extra £25 for a policy on me as a rider. If I crash and it's my fault, ecen if I was speeding they have to pay me injury compo. Even if it wasn't my bike.

Best to have the most cover that you can afford imo. Just incase.

[iooi]

Yes we all know thew argument's about paying for it in the future, if you have to claim....
But can you afford to repair/replace the bike if you bin it through your own fault.
If the answer is No then its FC you need,
If yes, then TPFT is your option if money is tight.

Also if you do go TPFT, make sure you have legal cover in case you get hit by 3rd party.
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Just because my bike was A DIVVY, does not mean i am......

[Ichy]

I'm not so sure legal insurance is important anymore, certainly not if you have to pay for it. In my opinion all you get for your money is a referral to a claims solicitor, many who are free anyway.

https://motorbikeclaims.org.uk/
https://www.yourkey.info/home

I've never had to use one so really have no idea if I'm missing something? Whats the difference when you pay your broker £25?
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https://www.metacafe.com/watch/1972097/how_to_behave_on_a_forum/

[iooi]

Now that your key one looks good.


I have legal cover via house ins which covers all types of claims, so check to make sure you don't already have this via other policies such as house/car.
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Just because my bike was A DIVVY, does not mean i am......

[G]

[iooi]

TPO was £15 less than FC for me.
Guess i'm lucky FC is only £87

So the added benifits should i need to claim are well worth the extra, and to be honest i don't care if its going to cost more should i claim.

At the end of the day the whole point of ins is to cover you should you have a accident.
Not to worry and bean count the costs.
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Just because my bike was A DIVVY, does not mean i am......

[G]

[njd27]

Third option: TPF&T but pay slightly extra for the personal injury cover. You probably cost a lot more to fix than the bike.

[Mudskipper]

I prefer FC for the convenience of 'anybike' cover (not all insurers include this in FC though).

Handy if you ever need to ride a mate's bike
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CBR125|||GSXR400|||CBR400|||CBR400|||CB250RS|||GSXR750|||CB250RS
"You're clumsy, you eat too much and you behave like a 12 year old boy. But you know what? Every once in a while, you find a thumb."

[Kal]

[G]

[Tristan.]

Devvits give me any bike cover on TPO, with the 350cc clause (and your insured bike has to work as well apparently) an excellent thing to have, and I didnt even notice it when I bought the policy.

[Kal]

https://i127.photobucket.com/albums/p157/Kal_hybrid/Online/Smilies/threadjack.jpg

If anyone can recomend an insurer who give any bike cover (especially on a Multibike policy) where the core bike(s) are 250cc I'd be most grateful as my renewal is up in a couple of months.
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Kal...
I Like To Hoon It Hoon It I Like To Hoon It Hoon It I Like To Hoon It Hoon It Ya Like To (HOON IT!).
1984 GB250 Clubman,1983 CB250N Superdream, 1999 GPZ500S