Insurance.....to bike or not to bike

[rdm4534]

I've completed my CBT and enjoyed it massively. I'm now contemplating doing my Direct Access and getting a CBR 600RR. However, before beginning my biking venture I thought I check out some insurance quotes.

I'm 35 y/o, been driving for 17 years, zero riding experience and live in the city centre of Manchester with secure underground parking.
Quotes ranged from £2100 to £10,000! through Moneysaving expert, Go Compare, Compare the Market and Carole Nash.

I then thought I'd quote for my parent's house in the middle of Scotland (band B on the scale) and still a low of £880!

Needless to say I am reconsidering my bike venture as much as I would like to.

I have a large budget at my disposal, but this seems like daylight robbery!
Are insurance companies intent on crippling the bike (and car) industry, by putting people like me off?!

Any (sensible!) advice/opinions welcome.

[SQL]

Get a quote on a Sv650 or Gs500,

not inspiring bikes but cheap and will get you a years NCB,

then buy your cbr600.

Check out some quotes!

[Alex_B]

Heh, they just don't want you on their books. They think you are to big a risk.

Sports bike for first ever bike and stuff.

Go for something *slightly*different, a CBR600F (circa 2000) for instance, a ZZR etc.

I know from experience that will be far cheaper.

They don't think you're a good enough risk, hence high quotes on the RR.

BTW, A CBR 600F 100+ BHP, 150mph 0-60 in around 4 seconds (less) a ton of fun, honest

**EDIT**

Oh, sorry but not for a very first bike (imo) do a bit on something else as stated above, it's about the best advice if you care to take it.
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My Lane Position is always AWESOME!!

[rdm4534]

Cheers for the advice gents, does insurance drop off significantly after year 1?

[SQL]

I Fuc*ing hope so, but I hear good things :0

[Rogerborg]

Given the twists and turns of the insurance industry, any answer that we give now won't be valid in a year.

No, really, all that matters is now. The good news is that you can still have a barrel of fun on a bike most of the same letters: CBR600F.

Bear in mind that you'll likely run out of road, bottle or luck trying to use the extra performance from an RR - maybe the insurers have a point? It's called "Race Ready" for a reason, it's not like "GTI" on the arse of some chavmobile.
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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

[mic]

am suprised to see that.... im in a similar situation - 33, driving a car for years. did a quote on the basis that i passed my test under 1 month ago - dont forget to change that part in the quote form - and anything under £1000 to buy. CBR600, ZZR600, Harley 883 (not under 1k but for larger engine sake), Honda VN750, GSXR600... ive tried alsorts.... theyve all been under £300 for 3rd party. only bike so far to top £1000 was a haybusa id say have a closer look at your quote form, check out the difference in fully comp - third party and look at an older cheap bike

[DaveB]

Did the same thing last year (little older though ) wanted a Daytona/GSXR etc...Quotes were not as high as yours £800-£1000. Opted for a Street Triple (£345), done a few quotes recently to see the difference when/If I have 1 year NCB, dropped to around £400-ish. Test rode the Daytona recently and decided to keep the Street as it puts more of smile on my face

Buy something more sensible for the first year or so, you'll still enjoy it muchly
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Mod 2 passed 26/10/2011
Current ride: 2014 Triumph Street Triple R. Previous, 2007 Triumph Daytona 675, 2007 Triumph Street Triple, 2011 Derbi GPR125r.

[Benno]

How the hell are people getting these kind of quotes? I haven't had a single quote over £1000 and I'm 21 years old!
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I'm autistic. That means I'm smarter than you.

[_Iain_]

YBR 125, 3 points, shit postcode, just had two accidents one fault. No NCB, fresh off the CBT, car licence 3yrs.

£325 a year. TPO

GS500, again, 3 points, shit postcode, two accidents, no NCB, just passed restricted access.

£220 TPO, or £380 TPFT w/excess cover.

As a first ever bike, a 500 twin will have more than enough power to hurt yourself with & scare yourself silly. Save the big fast sportsbikes for when the "ghey" slow bikes dont amuse you anymore

125 wise i wanted a mito, or an RS125, or failing that a WRE125.
First big bike, i wanted a GSXR 600, or a 1200 bandit. Needless to say after actually sitting the CBT i'd reconsidered my options in favour of something a bit more user freindly!
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Please be aware that the above post may be full of complete nonsense.
Riding: '07 KTM Duke II, Baotian BT49QT-20 Driving: '88 Volvo 340

[rdm4534]

Thanks for the replies chaps. Fiddling around with the numbers it looks like if you make it through year 1 without a claim then the cost is much better.
My lowest quote dropped from £1600 to £520!! That's for the CBR 600F in Manch City Centre (F Code insurance).
Oh well, I guess it's probably very sensible to get a no-so sporty bike year one and then move on.

[Rogerborg]

Remember that "not so sporty" is in bike terms. Once you get on a DAS training bike and open it up, that will make more sense.
____________________
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

[Aff]

[dungbug]

Take a look at the Yamaha Thundercat, it puts out around 100BHP. I've got it insured as my first 'big bike' for £360 TPFT.
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CBT: Pass 25/06/2011 Theory Test: Pass12/06/2012 Mod 1: Fail 08/07/2012
Mod 1 Retest: Pass 15/0702012 Mod 2: Pass 03/08/2012
Suzuki GN125 (Sold) ~ Current bike: Yamaha YZF 600R Thundercat