Insurance costs getting stranger than ever

[sickpup]

Had my renewal through from the Broker I've used for 27 years. His quotes are always competitive, not the cheapest at maybe 5% more than others but always within the ball park and I stay with him because we are on first name terms and he always does what he can to sort me out. This year is different.

This year he entitled my renewal 'Offensive and upsetting premiums' as my insurance has increased by 75%!. Previously because of where I live I couldn't get TPFT so TP only as well at a cost of over £1000 for a 2008 Deauville and a 2008 ER6.

At his recommendation I searched around other brokers and one can offer me the same policy with the same underwriters for £277, £800ish or 75% less, where last year this same broker was 10% more than my usual broker.

The same broker can offer me a TPFT policy for £750 whereas last year the quote was double this.

I have no idea whats going on in the insurance market at the moment neither does my broker, its an absolute mess, so do look around more than ever this year, things make no sense out there.

[Villers]

It's a strange market! My renewal came through at exactly the same price as last year, with my first years no claims included (been away from 2 wheels for 10 years). I've been getting quotes for my new bike and they vary hugely but one weird thing happened last week, an insurer that were offering 550 quid suddenly dropped to less than 300 because I added Alpha Dot. Makes me think security is the big concern at the moment.
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RS125 > CBR6 > SV650S > ZX636R > GSX1300RZ Hayabusa > 06 RSVR Mille > SV1000S > Street Triple 765 RS

[P.]

I'm usually ok with insurance, never really seen the rises but my Christ, I went to redo my home insurance, £473!

Last year was £207, nothings changed except I'm £207 down for the year.

Shopping around tomorrow as I'm now out of my insured period but given that number... I worry for my.upcoing SV renewal in July...

[UncleFester]

Same here.

1995 Del Sol - LV refused to insure it due to age - Performance Direct - FC £95

2024 Puma - up from £200 to £600 with LV - Performance Direct - £175 FC

Z1000 - again with LV who wanted £450 - £150 FC

Can't remember who it's with but the same broker who found me Performance direct for the cars, the difference is huge. No crazy excess on either policy either.

Initially LV were doing multicar for the two cars, even that was more last year than Performance Direct did both for this year. Shame really as LV were excellent to deal with but their renewal prices were insane and the excess they wanted had also increased to something mad like £700 on each policy.

What i do not understand is why i can't have one insurance policy with a floating fully comprehensive part for whatever i'm driving and then 3rd party Fire and Theft for whatever is sat at home either in the garage or on the drive. It's basically legalised profiteering as you can't not have insurance.

Not talking about house insurance, that's been well into 4 figures for years.
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2017 Z1000SX

[Freddyfruitba...]

[blurredman]

[155mph]

Just got my renewal in from Bennetts. 74% increase 7 years NCD. Low mileage, middle aged commuter with clean licence. Not sure I can justify the £640 for kicks.

[WD Forte]

Mine went up to £75 FC for the 250 scooty and i whinged at that
Mind you, my bum still hurts after insuring the new (to me) van
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bikers smell of wee

[Easy-X]