Just been quoted (cough)£4969 fully comp for a new V2 Last bike was an FZ750 in 91/2 Obviously this massive gap in ownership is the stumbling block. As i see it i could start with older smaller bikes to reduce the premium over the next few years if that is possible or perhaps insurance for a specific mileage over a few months instead of 12 months Has anyone done similar or know of such policies
Who quoted you that? Obviously we dont have you age, experience etc.........but I'd shop around if I were you.
Tghank you for quick response Bennetts quoted the £4969 Ive just got off the phone with BIKESURE who quoted £2200 fully comp Excess is £1200.....Game on! I will be at the dealers as soon as
That still sounds eye-wateringly high. Is it because it's a new £20k value bike, or your lack of no claims? If your last bike insurance was in the 90's, that must put you at least in your forties. I don't want to seem smug, and not directly comparable, but I insure my 2016 Triumph 1200 Thruxton R (fully comp and 3000 miles/yr) and it costs me less than my annual road tax.
In your place I'd get on a comparison site. Find the lowest offer. Subtract at least £50 and call the second lowest. Tell them you really want to go with them but you have been offerred a better price. Ask them to match the lowest offer less £50. If that works, repeat on the original lowest offer.
You’re the same age as me but the lower quote still seems ridiculous, the lack of a bike for all those years is what’s hiking the price but even so. I insured my 899 panigale with no no claims and it was under £400 the first year, now it’s £120 but I do have other bikes and have continuously had bikes for nearly 35 years. Try all the comparisons sites mcn, go compare etc.
I suspect the problem is 2 fold. 1. as far as an underwriter is concerned you haven’t ridden a motorcycle on road for 35 years. 2. you’re insuring a bike that’s over the £20k threshold a lot of underwriters draw a line at. Despite having a full A licence you may need to avail of some rider training/assessment by an instructor recognised by your chosen insurer. You’re also fortunate there are many many underwriters in the UK market and even more brokers, here in Ireland we have just 2 underwriters and 2 brokers so competition is non existent.
