Motorbike Insurance

Protected no claims, why do you feel the need to insure your insurance?
It's a great mechanism invented by insurance companies to eek a little more cash from the public. Have a little faith and go without. You never know you might be alright?

 

Protected no claims : because no matter how careful you are there's always one senile. myopic old tw@t who will f**k up your day... Just like the brain-dead idiot that ran into the back of my car and wrote it off recently...

 

Oh, and just for info... Bennetts "multi-bike" insurance isn't. They won't insure more than two unless they are all pretty much identical...

 

But that won't stop an insurance company from issuing a massively increased premium, before kindly applying your "No claims" discount to it, even if you made no claim at all (as may have been the case when you were rear-ended)... just because you were unlucky enough to have been on the receiving end. It's being involved in any sort of accident or claim scenario which matters most.

 

That is exactly what happened to me 10 years ago when my 748R was nicked. I went from about 350 quid to 1550 once my theft claim was settled. This was with the same insurer. When i screamed at the poor girl that i thought i had protected no claims her response was " Yes you do , sir"

Its the biggest scam i can imagine. How do i know this....

Because 2 days later i got a quote for no more than i paid before the theft, with a different company i might add.

 

Try MCE for multibike insurance and they do a free NCD protection service as well, well they did for me anyhow.

MCE for me!:Woot:

 

Tesco surprised me when I wrote off my car. They changed my insurance to different car and didn't charge me a single penny extra. And the pay-off for the old one was pretty much immediate.

 

My insurance is due at the end of this month. I have had a few quotes, I can't believe the difference between them. For two bikes (multi-bike insurance), Monster 1100 Evo & Paul Smart they range between £600 (Carole Nash) & £195 (Ducati Insurance). ???????

 

Did you do any training? I'm looking into it.

 

I have my no claims bonus protected and it does make a difference. Sure, if you have any accident, your fault or not, even if you dont make a claim then insurance companies normally jack your premium up, as statistically if you have had one accident apparently you are more likely to have another. (god knows how though, as when ive had an accident in the past ive been a nervous wreak and driven like a nun for months afterwards). When I had an accident once, it was not my fault, but due to the insurance companies incompetence it was ruled in court to be a 50/50 liability I lost half my NCB which meant my newly increased premium wasnt reduced as much as it would have been had I had protected the premium and had a larger discount so it did make a bit of difference.

Insurance companies are all a bunch of conmen really. They will happily load up your premium for any reason, but shy away from offering any discounts if they can.

I was paying £60 a year to insure my R1 up until I bought my 996. Adding the 996 to the policy doubled the premium up to £120. (thats with me shopping about to find the cheapest quote). I can only ride one bike at once, only have 3rd party cover, so they dont have to worry about covering for theft/fire. So why double the premium? The 996 is a slower bike, so I guess in theory id be less likely to crash it so the more I ride the 996 then its a safer risk for the insurance company. I actually asked the insurance company, "so what if I had 2 identical R1`s" and the same premium hike would apply. Really doesnt make sense.

As someone else mentioned, they will only consider certain "approved" safety devices. So the fact my bikes have 2 massive chains/locks on them, are chained to a car in the garage, the garage door has numerous locks on it, the garage is blocked by a car and theres a rottweiler wandering about, all make no difference. They regard my bikes as easy to steal as if id left them unlocked with the garage door open.

The fact ive got 25 years NCB on my car and never made an insurance claim also makes no difference to my motorbike insurance, whereas you would have thought that would have been an indicator that im probably safer, more experienced than someone who may have had may insurance claims over the years.

What gets me the most though is the ridiculous time wasting game you have to play every single year with every single insurance company. When last years premium was maybe £120, the renewal comes in at £400. You go online, check confused.com, everyone is offering you a quote of £120 so you call up your insurance company and ask them what they are playing at and they instantly without even blinking drop the renewal price down to £120. Just shows you how much they rip off those people who happily renew without questioning or bother shopping around.