time to start this thread here
who uses which company and what cover do you get
how much exess's do you pay with what premiums do you pay
currently all 3 of the bikes are with mce
costing £120 ish each fully comp £500 exess .
uk brakedown cover some helmet/clothing and legal cover .
all mods except turbos,superchargers,hyperchargers and nitrous are covered under the standard cover.
seth
Do remember that price will vary by postcode - so Central London (say) would be significantly more expensive than the middle of the countryside.
Also you do need to compare what excess and benefits you get to get a true view
I've got both my bikes (GSX1400, slightly modified. Bandit 1200, very modified) with Carole Nash.
The Bandit is on agreed valuation, so a pre agreed amount gets paid out if it gets written off or stolen. The GSX is just on the policy along with the Bandit.
I pay just over £300 a year for comprehensive cover with protected no claims. This includes breakdown cover.
I have to say that Carole Nash are NOT a good company to deal with. Their staff don't seem to be very clued up about the products they are selling. Every year at renewal time it's a minimum 45 minute phone call to try and get it sorted out :furious:
If they promise to call you back...They don't. I've also been sent other peoples policies in the past along with my own.
Having said all that, I still stick with them.
I have all four bikes and my car with Carole Nash on two policies, 250 excess on everything, breakdown recovery and protected NCD for around £400 but it up for renewal next month so I will go with the best deal then.
I'm with Carole Nash and concur with everything Froudy says, but I still renewed with them. However I do look around each year as if I could move I would, but personally wouldn't touch MCE or Bennetts, eBike I like but is a tad more expensive.
But now I have a standard motorcycle rather than a bling bucket, I might get some decent prices. We'll see, mines not up until September anyway.
this year ive move from Swinton ins,to bennets,i paid £304 fully comp,£250 excess protected no claims.that was for 2 gsx 1400s,1sv1000 and 1 triumph tt600,,,,4 bikes in all so I thought that wasn't too bad.now since ive replaced the sv with a gsr 600 rang them up to change the details over they want another £32 from me to cover .now I thought they might not be any more fees to pay due to the type of bike the gsr is,but I was told by the advisor,to pay it or lump it type of thing..so in the end I pay the extra 32 pounds but politely mention that I will not be using bennets next time its due {10 months still to run} then the advisor says" suit yourself really not bothered"oh and ive asked for paperwork to be sent out for policys twice now but still never received any,they only e mail docs even though twice they've agreed to send paper doc,s,,,,so any way I will be shopping around next year,even if I have to pay more, I wont be using bennets....suppose it could have been wrong week for the young lady I last spoke to eh....
So this year I'm with bennetts £85 fully comp. I'm 38 with 6yrs ncd, the bikes garaged and i live in Thirsk......hardly the crime capital of Britain :whistling:
I've also been with Swinton and MCE, but usually swap each year due to companies giving a better quote on renewal time. Although I can't see there being a huge savings on an £85 premium anyway next time.
Gaz
Most sales staff are targeted on bringing in new customers so will usually give a better price to a new customer than one just renewing. A number of times I have had a renewal notice and then gone on line and got a better quote from the same company s just let it run out and get a new cheaper quote the next day, nuts.
I absolutely hate renewal time its a total pain in the ass and you have to put up with emails an calls - so wish I ha one bike would be so much easier
This is not UK, I know, but I pay £104/year.
I had to start a new policy over here when I bought the 14 so no discount applied.
I pay the equivalent of £65 for 3rd party for a year.
I am with Hastings direct..
1 year NCB and £250 Excess.
Premium is £240 per year (Fully Comp)
We're meant to buy insurance? next you'll tell me we need to pass a test as well....
Just had my renewal from Carole Nash, actually gone down £20 from last year, £155 comprehensive, 5 years NCD, 53 years old, (me, not the bike lol), including all mods, exhaust, cams, power commander, paintwork, quick shifter, wheels, upgraded brakes and suspension plus a few others. Shopped around but nobody can get anywhere near that price. Bennetts wouldn't touch it, quoted nearly that for a standard bike. Tried a couple of companies that allegedly specialise in modified bikes and even they were way off the mark.
I didn't have any no claims bonus because my previous policies were for classic bikes. Apparently with classic bikes you don't build up any NCB.
Anyway Bennetts were much cheaper for me - about £210 for a 53-year old rider, standard K5 model, garaged overnight. Carole Nash was more than double that. Go figure.
Carol Nash must have changed its Policy as previously if u mentioned any tuning upgrades they baulked!!
Have used Bikesure for the last 7 years I think its about £260 Guaranteed value £7000 relay etc etc
Hastings for me my 14, plus a V Strom 650 fully comp multi bike policy £242.
Must be my age just past the 60 mark less chance of me pulling a wheelie (I wish)
regards
wigwham
Do remember that the price of insurance changes with the area you live in, so for 2 identical bikes in different areas the prices will vary. So 7nless you are comparing like for like in mods and area you live in, the differences we all pay in insurance prices are largely irrelevant.
It also depends on WHAT the company do and don't want to insure for that area. As a "for instance" on my previous car (Audi S3) the premium jumped by 400% in my last year of ownership and when I queried it, was to,d that basically the company I was insured with "had changed its policies to focus on standard 1600cc max cars with less than 150 bhp" anything else had had the price hiked, so rather than refuse you insurance - which they couldn't do to existing policy holders for no valid reason - they hiked the price.
So it all depends on mods, area and insurance company policy, tempered by any personal "issues" like points on licence, age etc. Plus of course what excess you may or may not want to pay.
Frankly I tend more to look for what the service would be like in the event of an accident or loss. Alsolook at policy wording, esp if you have mods, as many will "only fit OEM" parts in the event of repair. So if you have an Akra (say) and it gets damaged, you may get a standard bazooka under their repair policy. Likewise if you have topboxes and/or panniers fitted, they may or may not be covered. Which is why Carole Nash ask for specific details and photos of any modified machines.
Always read the small print. If you have declared mods then make sure they appear on your certificate or the company acknowledges them. It's no good finding out after a loss or damage that what you thought was insured wasn't and that you are only covered for standard oem items in the event of repair or loss.
In 2006 I paid Carol Nash about £300.00 for the Z13, GSX14 and Z1000. Having added a new GTR to the fleet I sat waiting for my renewal to come in at about £450.00 - needless to say I nearly fell out of my chair when it arrived at nearer £650.00.
I picked up the phone to them just in case they had accidentally typed in their phone number where the premium should be printed. Long story short, I pointed out that I could get a stand alone policy on the GTR for less than £200.00 with other insurers and then magically my renewal premium was revised to £525.00. I still think it is a bit heavy, but at the time I was less than 24 hours from putting a bike on a ferry and it did not seem the right moment to strut off in a huff.
Next year may be a different story though.
Pete.
quandary over ended up with Carole Nash - the 1400 & the Bandit 1200 - fully comp all mods - protected NCB - only £156.00 - a lot better than ebike who wanted double that - cheers for the help chaps much appreciated
thats it for another year