Bike Insurance for Dummies

[kestrel1991]

i am a new owner of a 2003 aprilia mx50, and i was looking for ages trying to fing cheap quotes. i had one from bennets and they're shite-- £800 4 a third party only- what a rip off!!
anyways a friend recommended www.lexhaminsurance.co.uk and i got the price right down to 210 quid. so im going for that.
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-----Conor-K-Pearce-----

[Mudskipper]

Interesting article on bike insurance from the Motley Fool.

https://www.fool.co.uk/news/your-money/insurance/2008/03/12/seven-motorbike-insurance-tips.aspx?source=ioowftxt0010011

[Mal]

Just thought I'd share my good news. Ok, so I'm over 30 and have full NCB but I still thought my renewal that's just come through is a bargain.

Me: Computer programmer, relatively low risk area, though I do have 1 SP30 and do approx 20,000 (yes twenty thousand) miles per year, mostly commuting to and from work.

Bike(s):

1999 Thundercat and a 2002 FJR1300.

Cost of insurance on both bikes, fully comp with protected NCB - £211!!!

Insurance broker - Bike Team. Been with them for a few years now actually, never had any problems, even when I had to claim.

Not sure if they're this good for everyone, but well worth a look.

[Fitton]

I'm insured with Swinton

£388 Third Party F+T

17 years old, 1st time rider

[Wozza]

If I had a scooter back when I was 16, does that count as a years NCB?

[Biker101]

[Pudgemeister]

Hi all

I have read the long post by Itchy about bike insurance but im still not quite understanding it.

[TomR6]

Thats the postcode, so AB10 - AB16 and AB21 - AB25 etc. All of them fall in the 'A' group therefore the cheapest.

Whereas AL1 and AL7 fall into the worst insurance group, F.
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2005 Yamaha R6

[Visitor Q]

[Pudgemeister]

ok now ive been laughed at for that question...

...what are the cheapest bikes to insure? (125cc only)

tyvm in advance

Pudgemeister

[Jumile]

Thanks to Mudskipper for that Motley Fool article. Good advice.

I just made a couple of calls to get a ballpark comprehensive insurance cost for the make/model of bike I'm thinking of getting (SV650 - year 2000 and £2K value for ballpark).

Rang the AA who said Equity Redstar came back with the best quote: £265. Then I rang Devitt (Directline's motorcycle insurer) who said NIG Insurance came back with the best quote: £181. Both provide European cover (60 days), £100K legal cover, allowed to ride other peoples' bikes (TPO), etc. Forgot to check NCB protection, but I can do that later.

That was for a hypothetical bike that doesn't exist, so it goes to show even simple shopping around is worthwhile. I'll probably find a better deal if I look harder.
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Matt
Yamaha YZF600R Thundercat
The greater the difficulty, the more the glory in surmounting it. --Epicurus

[silverelephan...]

Hi I know this is probably completely the wrong place to ask about this but where can I find out what security comes on a bike as standard? I've put down a deposit on an SV650S, just waiting on my licence coming through to complete it all and I'm trying to get quotes while I'm waiting but I can't find information ANYWHERE on what security comes on the bike. It's a new 2008 machine, am I being completely naive to think that it will at least have something the way new cars all seem to have?

[AL-]

I have a question

In my current job I don't need to use the bike to commute on as its only down the road, so excluded commuting from my policy, however I am not just about to change jobs and will need to use the bike do get to work...would you change policy or leave it as it is and wait for the renewal. If I kept it as it is what would happen if I was on my way to work and had an accident?

[tzr]

[The Disapproving Brit]

I've just insured my first bike (2000 Kymco Zing 125, priced at £1000 for insurance), and prices ranged from £280 with a £500 excess to £98 with a £150 excess for TPFT cover. Guess what I went with?

The £98 was from Motorcycle Direct if anyone's interested.

[michael2008]

The bicycle, cycle, or bike is a pedal-driven, human-powered vehicle with two wheels attached to a frame, one behind the other.
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Carhartt Work Gloves investment real estate

[Nick__C]

Right i have a quick Q,
My dad insists that online quotes will be cheaper than ringing up,
i.e a comparison site.
I was under the impression that ringing up can give a much better description of the cover needed and can reduce the quote?
who is right?
Thanks,,
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'02 GS 500.

[Ste]

You should be able to get better quotes over the phone.

You can haggle with someone over the phone, you can't haggle with a website.

[Nick__C]

That's what i was thinking,
But he goes "how many insurance policies have you had?"
...
Thanks(Y)
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'02 GS 500.

[Visitor Q]

Trust us on this, the internet shafts you.

Basic premise (logically) is, once set up, it runs itself... so they'll charge you the premium less the handling.

However, as said by Ste, when you phone up you can bully them and play them against each other. Drive them lower.
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China traffic/travel bike vid - When I make a sweeping statement, please add the word 'statistically' in to the sentence before you bitch...
From September 2014 to January/February 2015 I will not be using any English, nor reading any. As such, I won't be on here. PM at will, but I won't be checking/posting unless in emergencies. Certainly not for the first couple of months. Please berate me savagely if I break that rule...

[The Disapproving Brit]

Another trick I've found is to use the comparison site to find out who offers the cheapest quote, then get another quote directly from that insurer. Because they then don't have to pay commission to the comparison site, this often works out cheaper.
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Current Bikes: 1983 Honda VF400FD / 2003 Honda VT750 Shadow
Bike Test Passed 18/03/09, Car Test Passed 14/05/13

[LimehouseCBF]

Im with Express Insurance: https://www.expressinsurance.co.uk/web/bike_insurance.html

im 21 did my direct access failed 1st test (bloody indicators grr) and took me 2nd test on my own bike honda hornet 600 '98( that wasnt any extra) 670 fully comp with free roadside recovery(helped me out) so if you take your test on your own bike this was really reasonable!
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And on the 7th day the lord said..lets get pissed

[unspec]

31, 1 year NCB - renewal for a 2002 Thundercat with Carol Nash (fully comp) was £423 (£400 excess)

Used the MCN comparison tool and Direct Choice came back with a quote for £199 and with just a £250 excess!

What a difference a year makes....

[vYv_Vendetta_vYv]

SO much for swinton - 19, insuring a DT 04` RE 125 with insurance approved Oxford disclock & heavy duty chain, locked concrete garage etc etc.

TPFT

800+ cheapest, £3000 from one they quoted

I cant seem to find any lower than £450, guess i'll just say F..it and go for it.

for anyone in the same position:

AXA Insurance - UK
385 one-off, or 450 monthly.

[blinky]

ye i just went through Devitt recently as ive used them for the general leg work over my 2 years of riding, was then quoted £98 3rd party etc. for my recent renewal of my cg125 (usually kept at home and garaged obv! ) i think it was with NIG but not sure

i really was rushed at the time so figured for a 2 year no claims and living in a reasonably nice/safe part of Bristol, the £98 was a good offer, so snapped it up, done!

Got my A2 coming up this week, so wish me luck
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Better to ask forgiveness than permission!
Oh i miss my first love, the lovely lil CG!
Rouser 135 2012... Enfield 25... Hornet 600 2002... CG125 2000