TPO Versus TPFT

[McfcChris94]

Trying to sort things out, i need to explain my scenario first though so people can understand...

Im 17 years old, and first and foremost i cant ask my parents for money (not in that position).
Im looking at getting a Kymco bike, as they are quite nice and cheaper than Honda's, and seem to be just as good as they are taiwanese...

I ran a quote through and got £600+ for TPFT, now i decided to look at TPO, and that is a massive difference of just £363 with motorcycle direct?

Now i know that the risk without TPFT is great, but for that huge saving and cash being quite restricted, would you recommend going for TPO and spending the spare £200 on locks/chains and making it really secure, or is it still a big risk?

Im not a stupid idiot who would leave it running whilst i spend 3 hours in tesco or something... it would be locked up against something cemented into the ground atleast....

I cant decide whether its a good idea,

Also at night the bike will be stored in a locked garage in a very peaceful estate, never ever been trouble around here

If anyone can help me out it'd be a great help, im thinking i could be safe enough on TPO, and of course next year when iv left college, then get TPFT with my 1years no claims??

Rambled, but needed saying

[Pol Anorl]

Ive always used tpo.
Don't let it get stolen or set on fire simple.

You save a few hundred quid put that into decent security then you can get tpo again knowing it wont get stolen.
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Jewlio Iglesias: You live in Liverpool - Chances are, the front door has already been kicked off the hinges

[TheSmiler]

Get a tracker for your bike/price them up if one comes up at under the price saving for the insurance I would go for that and take third party.

Fire and theft is saving you exactly for that Fire and Theft. If the bike catches on fire then you are screwed with third party, if you have the tracker then at least you are covered by anyone stealing it hopefully as you will be able to get the bike back.

Depends how you want to see it fire and theft for the peace of mind, or the third party. Decided myself to go for third party for my first year as it was £450 third party or £750 for third party fire and theft.

Taking the hit on your insurance if you claimed with third party might not be worth it anyway as they will kill your premiums, most on here normally advise not claiming when you are so young.
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CB125>CG125>GN125>ER5>K100RS>R1100RS>K100RS
A2 completed 23/07/15 Ready for the Golden Crisp Packet

[Taught2BCauti...]

You need to shop around on the interweb, but also ask a couple of local high street brokers to get you some quotes.

They often have access to insurers that prefer not to pay to be on the comparison sites, and it's in their interest to get you the best deal.

I found the best deal through Swintons, Fully Comp. The same insurance company wanted £40 more for TPF&T and declined to quote for TPO.

I had other quotes that were more for TPF&T that the first one was for fully comp, but overall, the best prices were coming from the brokers rather than the comparison sites.
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Honda Varadero XL125(V8)
www.TheFutureIsHere.eu

[McfcChris94]

can you recommend a decent tracker? dont understand them lol

[Pol Anorl]

Dont listen to smiler and his tracker bullshit he knows nothing his bike dosen't even work.

Just get decent locks you don't need a tracking on a 125.
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GOOD GAME BODYGUARD: https://i.imgur.com/8WePGgf.jpg
20:30:37 Pyro.: I don't sort of like men, I take every advantage to choke on dick.
Jewlio Iglesias: You live in Liverpool - Chances are, the front door has already been kicked off the hinges

[Kwaks]

get comp quotes as well, but the choice between tpft and tpo depends on value of bike ,

If the bike costs 500, then paying an extra 200 for the f&t with a 150 xs is crazy, as max payout would be 350.


If comp is cheaper comp then its worth it but you can't claim for bike as xs could be as much as the bike is worth.

So all depends on cost of bike
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Fallen Angel "Nae sniffing my seat now!!!!! "
www.cliqueycuntsmcc.co.uk
I AM NOT A FAST RIDER!!!!!!!!!

[Noxious89123]

Definitely TPO for the first year OR get some of that numbing gel for your bumhole to make the raping the insurance companies will give you a little more comfortable.

You won't realisticly be able to/want to make a claim for fire or theft anyways, the loaded premiums for the next 5 or so years will outweight the cost of replacing the bike!
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'06 Honda CBR125RW-6 ~ '00 Honda CBR600F-Y ~ '07 Honda CBR600RR-7 ~ Bikeless
'53 Ford Ka 1.3 ~ '03 Vauxhall Astra SRi 1.8 ~ '52 Vauxhall Astra SRi 2.2 ~ '53 Vauxhall Astra GSi

[G]

You need to consider how much your bike is worth, what the excess is, how much a claim will 'cost' you (lost no claims, excess, increased premiums for a few years).

Unless you've bought an expensive 125, I'd stick to the TPO and be careful.
More benefits come with FC, not for most claims; but if you are the cause of an accident which damages another vehicle, you then have already got all the bad points of a claim, so might as well not lose out yourself.

[Rogerborg]

Dupe post, dupe reply.

The extra premium for TPFT is guaranteed money out of your pocket, the excess will stuff you anyway, and then you'll get pounded for the next 3 to 5 years on any insurance you have - making a claim might make you effectively uninsurable in a car.

So if your bike is worth less than £1000 or so, I'd say go TPO, and take your security seriously.

If your bike is stolen and you don't recover it very quickly, call your insurer and tell them to cancel the policy. Don't tell them why, or just say "No longer have the bike" (which is true enough). You should do this so that it's not still insured in your name when Pikey McJoyride stacks it into a convent full of kittens.

Feel free to under-estimate the value and consider being optimistic about the amount of security that you'll use on it. This will reduce your premiums even for TPO insurance, it's one of the few ways to get one over on an insurer.

If you take out a "pay monthly" policy, understand this clearly: what you will be doing is borrowing the premium and agreeing to pay it all back with interest even if you cancel the policy. If you cancel, you cancel, but don't expect to get anything back or to be able to stop paying for it.

By the way, get some comparative quotes for a CG/YBR 125 versus the Kymco or Hyosung, you may find they're cheaper - and that's money in your pocket or tank.
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Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike

[McfcChris94]

sorry about dupe post needed quick replies whilst its in my head so wanted to maximise i do apologise

[bikertomm]

Hang about, check the compulsory and voluntary excess's in the terms.

What I found with my 125 was that on TPFT the compulsory excess was £500, and the quote itself was £4-500 more anyway. Which means you could buy the bike again anyway!

So I went for TPO for £320, and got a decent bit of security too.

I think if I ever get a decent bike I will try and sort it out with a TPFT, but for now not so bothered.
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[Ayrton]

TPO
Your 17, so you wont exactly be able to pay £300 more just 'incase' your bike catches fire or gets stolen.

I said the same thing about spending the £200 getting some locks. Ended up getting a £15 disk lock and leaving it as that