I have done something wrong on my insurance quotes?

[markk21]

I have just been on compare the market looking at bike insurance for a Bandit 600. I have set it as comprehensive with an excess of £0 and for my Dad to be insured on the bike (he has a licence where he can ride a bike with a car licence) and the top 5 results I have are:

Bennetts £220 - £200 compulsory excess
Wicked - £228 - " "
Bennetts Additions - £250 - " "
Bike Sure - £260 - " "
Bike Insurance - £276 - " "

This seems incredibly cheap to me as when I did a quote on go compare a few months ago I was getting around £700-£900 quotes. I have included my 4 years NCB for my car insurance. Maybe I didn't included that before.

Are these prices that should be expected? I'm 21, 4 years NCB on car insurance, bike will be parked in a car park at night.

Thanks

[i.p.phrealy]

insurance quotes will come down if you add an experienced, safe, older driver/rider as a named user on your policy.
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it is impossible to lick your own elbow...
and if you just tried you need professional help.
Finally allowed a big bike 19/03/14!

[Rogerborg]

The prices look reasonable, depending on your area: Bandit 600s aren't a high group.

[Teflon-Mike]

1/ Are you sure that your CAR insurance earned NCB is 'transfereable' to a bike policy? You could be a bit stuffed if you have declared 4 years NCB and they then come back and tell you they wont accept it.

2/ When you say your Dad has a licence where he can ride a bike with a car licence... what do you mean? A Provisional? if validated with CBT? If he has a UK licence, then what he's allowed to drive or ride, depends on what tests he's passed, and if he's never done a bike test, chances are he's not got any bike entitlement other than maybe for a Moped.

3/ Did you put your Dad as 'main' rider? Did you list yourself as a named rider on the policy at all?

It does seem fairly cheap for F/C quotes on a bike not kept in locked compound or garage over-night, let alone in a public car-park!

But, if you got £7-900 quotes, for you as main rider, then declaring 4 years, maybe 50/60% NCB, IF they accept car NCB, could be about right. But frequently they wont take NCB earned on a car policy... only other bikes.
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My Webby'Tef's-tQ, loads of stuff about my bikes, my Land-Rovers, and the stuff I do with them!
Current Bikes:'Honda VF1000F' ;'CB750F2N' ;'CB125TD ( 6 3 of em!)'; 'Montesa Cota 248'. Learner FAQ's:= 'U want to Ride a Motorbike! Where Do U start?'

[waffles]

[markk21]

Sorry that was a mistake regarding my Dad. What I should have said was that he has a bike licence as well as a car licence. For some reason I thought he had a car licence and that entitled him to ride any bike as he got it in the 70's Dumb moment!

I would be getting rid of my car insurance and the car will be SORN. I just thought that I could use the 4 year NC to get a discount on my bike insurance. Even if I couldn't keep the NC going to extend it past 4 years, I would still be happy if it got me a discount. Has anyone ever done anything similar?

I put myself as the main rider and my dad as a secondary rider.

If I take off the 4 years NCD it goes back up to £700 for fully comp. If I put it as TP it is around £500-£600

[markk21]

I just rang my current insurers for my car insurance (hastings direct) and they said they wouldn't be able to offer me any discount on my 4 years No claims. Ah well I guess it was too good to be true.

It looks like it will be at least £700 and more like £900 for fully comp. with £200 compulsory excess and £0 voluntary. If change it to Third Party only, it goes to £620.

[Teflon-Mike]

Worth a thought before you go cancel car insurance....
NCB is 'Use it or Loose it'.
If you dont take out another CAR policy within the next three years, then it might not be available to use when you put car back on the road.
(Varies from insurer to insurer how long they will 'hold' NCB record for)
As a young driver, and likely to still be a young driver, facing punative insurance loadings; even in three years time, that 4years NCD could still be quite valuable... might be worth while, keeping the car insured, 3rd party, but minimum annual miles; and whatever huge voluntary excess gets premium down; your never going to claim against it; but if it costs you £100 a year? in three years time, it'll have cost you £300 to protect your NCD, and possibly earn a couple more into the bargain, bringing next car insurance policy down by more than you have spent keeping it 'live'.
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My Webby'Tef's-tQ, loads of stuff about my bikes, my Land-Rovers, and the stuff I do with them!
Current Bikes:'Honda VF1000F' ;'CB750F2N' ;'CB125TD ( 6 3 of em!)'; 'Montesa Cota 248'. Learner FAQ's:= 'U want to Ride a Motorbike! Where Do U start?'

[clancy]

Agree with above to a sense

In my experience every insurance company I've ever used holds your ncb for 2 years. Although given insurance prices I wouldn't just insure your car to sit on the drive or whatever, but I would make sure I insure a car before your ncb dies

So leave it on the drive 18 months or something then start a policy
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KLX 300r