Insurance Quotes

[Gonebiking]

My bike insurance is due in a few days so I went on GoCompare for a few quotes, I'm 57 years old, insuring a 600 Bandit, the lowest quote was £79.40 (not too bad), but scroll to the bottom of the page and there was a quote for £8.960.80, about eight thousand more than the bikes worth.
I get the impression that the company doesn't want to insure bikes
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More Bikes, Less Cars, make the world a safer place !!

[Dave70]

I had something similar recently. Lowest quote was around £530, then the bottom of the page was one for £10,004.
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There ain't no devil, there's just god when he's drunk.

2012: R125 killed by white van. 2016 R125 killed by 30,000 miles of redline. Current: 2016 Kawasaki ER6f.

[arry]

All insurers on the panel have a maximum decline rate contractually. They get round it by sticking out a quote that'll never be taken up

[JoeDaStudd]

Probably a specialist insurer for classic bikes, young riders, off road bikes or similar.
They don't really want to bother going against their standard clients, but if someone's willing to pay way over the odds why not.

[Rogerborg]

[NJD]

[arry]

[Meatybeaty]

Hi, very informative that arry, didnt realise they used those tactics, I suppose their all the same , Comparison sites I mean, just shows the benefit of shopping around

[notbike]

I remember when I first insured my Ninja, cheapest was around £900 and then there were two other quotes for £9,600-odd each. There were no other quotes available other than those 3.

It dropped to 600 this year with some shopping around. In September I can expect to pay £200 according to comparison sites. Funny what a couple years no claims does. There's still some offering to insure me for around £5000 though (how very competitive )

[Mudshark]

remember too comparison sites are just one option, quite a few (big and /or specialist) companies are not listed on comparison sites, not sure if they all do mcycle cover though, direct line, aviva, admiral multi, zurich

[Dave70]

Well, after many hours trying to get someone to insure my new bike, so I can do my direct access on it and the only company that would do so wanted over £1,500 via one of the comparison sites, I rang up Bikesure and got it insured for £356. This was the same company that wanted £1,500+ via the comparison site.

Why is it virtually no-one wants to insure you to do tests and/or lessons on your own big bike? Had a nightmare today getting this sorted, as my bike has been delivered to the dealers but, they can't tax it until it's insured. ie: I couldn't have it.
____________________
There ain't no devil, there's just god when he's drunk.

2012: R125 killed by white van. 2016 R125 killed by 30,000 miles of redline. Current: 2016 Kawasaki ER6f.