Equity Red Star?

[thewhyoffry]

Anybody have their insurance with Equity Red Star?

I have been quoted £621 Fully Comp (including 3rd party on any other bike and European cover,) for my 2014 ER6F. Considering I paid £800 for 3PFT for my Duke 125 this seems ridiculously cheap.

MCE were the only cheaper company but I have read loads of bad reviews for them so if anybody is with E.R.S that would be great to know.

Thanks,

Dean
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The why of fry

[Muscle Bike Rider]

Twice I've used them, never had to claim but they were fine when changing bikes or adding to the policy.
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Previously Known As A5tra_G
Old Bikes :2010 Kawasaki ER6 F & 2000 Honda VTR Firestorm
Current Bike : XJR1300

[thewhyoffry]

[TheArchitect]

what's your excess? I was quoted in that region for a CBR600RR but with 1K excess.. that kind of got me thinking about worst case.
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GSXR 600 K6 - Stolen
GSXR 600 K6 - Stolen
MT09 - Almost stolen

[J.M.]

Yep, under WickedQuotes.

No bad comments to make. Haven't claimed from them, but have had a claim made against me.
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2004 R1 & 2018 XSR900

[thewhyoffry]

£200 Excess which is seriously good. Just called my brother up and turns out he is with Equity Red Star and has never had any problems. He pays roughly £600 fully comp with 4 years no claims on his hornet.
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The why of fry

[thewhyoffry]

[TheArchitect]

[thewhyoffry]

[CaNsA]

My policy on the CBR600f was underwritten by Equity Red Star.

They were dragging their feet a bit tbh.
I had a mate on the inside who fed me all the info i needed, otherwise it woulda taken a couple of weeks to get my bike released from the compound.

[thewhyoffry]

[The Artist]

Horrible company and if you ever have to deal with them, it is a nightmare. Google reviews of them to see.

The cheap prices are offset by the none existent customer service and BS small print about cancellations of policy etc.

They are a very large insurance company who underwrite a bunch of other companies insurance policies.

As such, they have a very large legal team who will do anything to get out of paying.

[thewhyoffry]

[Rogerborg]

Equity Red Star under-write loads of policies and historically have been very cheap.

Too cheap in fact, they were caught out being over-exposed Matron.

Probably all right now though.
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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

[-Monty-]

[-Matt-]

If MCE's cheaper i'd just go with them - i'm with them for the first time this year and haven't had any issues yet [although yet to make a full claim obviously].

Most insurance companies will have terrible reviews if you dig enough - not many people will bother to write good reviews so its just hit n' miss guess work which company is better or worse really, it depends on each personal case.

Excess was quite steep with MCE for me personally, but the policy price was significantly lower and it included breakdown cover [mile from home] so I went ahead with them.

[G30]

£621 fully comp? Mine was like £1200. Fuck my stupid post code rating.

What colour did you get?
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KTM RC390 -- Kawa ER6f -- Yam YZF R125 -- Yam YBR 125

[TheArchitect]

[/quote]

Give Wicked Quotes a bell mate, they told me all the options I have and really helped me out and found that quote for me. Do you have 1 years no claims on your 125? Without 1 years NCB, 3k fully comp. With, £621... Makes such a huge difference!

WickedQuotes are on 0844 8800 962 if you need their No.[/quote]

many thanks
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GSXR 600 K6 - Stolen
GSXR 600 K6 - Stolen
MT09 - Almost stolen

[janner_10]

I was with them when I claimed for my accident on my Fazer - got the cheque for the right off in about 10 days & white dalton did the rest.

Pretty helpful in a nondescript sort of way as was a pretty straight forward claim.

Although they did pay me more than I bought the bike for
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Yamaha FZS600 (Now gone to heaven) > CBR600F4i (SOLD) > '99 YZF-R1

[rhys1005]

My insurance is through wicked quotes not sure who they are though, but wicked quotes have an amazing customer service. Ring them and 2 seconds later your speaking to an actual person not a robot for 20 mins *cough* mce *cough*

[iooi]

MCE's = Broker
Wicked quotes = Ramasis Insurance Services = Broker


Equity Red Star = Underwriter (actual Insurance company, who will be paying out in the event of a claim).


A broker is NOT a insurance company.
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Just because my bike was A DIVVY, does not mean i am......

[CaNsA]

[thewhyoffry]

[Ariel Badger]

I used them in about 1976, cant remember much about them to be honest
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Bikers make great organ donors, get 115 on your licence today.

[Furrybiker]

Equity Red Star are a Lloyds syndicate (No.218). This may not mean much to most, but essentially they are a group of wealthy people who stump up cash to belong to the syndicate and hopefully make lots more dosh.

This means they tend to try and avoid paying out where they can.

The Lloyds set up is very cosy, so the members of the syndicate will be quite close to the senior management. This is unlike the more famous companies who have many shareholders who simply see it as a business transaction not a constant cash cow.

All this means they will try and wriggle out of paying if at all possible.