Insurance Price Hike

I've been sorting insurance today for the new bike. The SS and ZZR are on a two bike policy which is due to renew on 1st June. They wanted £238 to remove the SS and add the new Scrambler up to the June renewal date, then I could be looking at a renewal for both bikes around £900! That's around 3 times what I paid last year for the ZZR & SS on the one policy which I find a bit of a piss take TBH! The upshot is I've insured the new Scram on a separate policy, FC for 3 months for £167, then I'll look further at renewal options for both bikes (the SS will be taken off the two bike policy when I pick the new one up next week). The advisor did mention a general 40% increase in insurance policies this year.

 

Zurich used to underwrite IAM Surity but have pulled out of bike insurance so I ended up staying with IAM but my policy is now underwritten by Ageas. It was more expensive but cheaper than going straight to Ageas! If they're no longer competative next year I might bin my IAM membership and put that towards my insurance instead.

 

I have just been doing the yearly call round for my insurance I have got my 900 tiger for £118 with one click and 5 classics with agreed values for £350 with RH insurance

 

Always done mine seperate, it seems far cheaper the the ‘sucked in’ method

 

My dual bike insurance is due the end of this month. I’m waiting for the renewal, expecting a hike for sure.

 

I'd start looking now as the closer yiu get to renewal, the more expensive the other onsurance companies will be. IIRC somewhere between 3 and 4 weeks ahead of renewal is the cheapest time to get them.

 

With multi bike policies you only get one NCB which only applies to the "main" bike apparently, or so I was told, so if you decide to remove a bike and take out a separate policy you start with 0 NCB, irrespective of how many years bonus you have or how long you've been riding. You can decide which is your "main" bike on your multibike policy even though you can set annual mileages for each one and they are all fully covered. You can get GAP insurance to cover the shortfall in the payout from your main policy, plus you can get an excess insurance that covers the excess on you main policy. I don't bother with either of those.

 

I blame electric vehicles and the resultant costs, issues, initial purchase costs, if any claims are submitted.

One of my cars went from £280 to £480. Same car, drivers, points, claims etc.
Changed insurance and back to £240.

One of my bike policies is four bikes, and previously was under £500, so I'm not looking forward to this years renewal

 

Zero emission vehicles... ummm, so maybe the smoke/fumes smell of roses then

 

I'vd heard if you get a puncture in a flying fridge you're bollixed as they have to be recovered to get the repair done.

 

There are also limitations on towing EV's in the event of a breakdown, especially those with the regeneration facility where the motors generate power on overun.

 

I use Bikesure and have done for the last 4 or 5 years. Something I find very convenient is that my renewal date is in December, not long after the NEC bike show where Bikesure have a stand. I sit down with one of their reps, we have a face to face chat, look at all the options and then they give me a quote which always undercuts every other on-line quote, including the renewal quote from Bikesure. I saved £45 this time round.

 

I’m also with BikeSure. Their quote on renewal has been competitive for past few years, so I’m hoping this year will be the same.

 

I agree, Bikesure are very good. I've been with them for 5 years and I've currently got 5 bikes on a multi-bike policy with them. Their call centre agents all seem to be UK-based and if I call them I usually get through in seconds, and they are very knowledgeable. My car insurance is with Churchill and they are the opposite, overseas-based call centre and it takes ages to get to speak with a human being. I'll switch my car insurance to Bikesure at next renewal, I only found out recently that they (Bikesure) do car and home insurance as well as bike insurance.

 

Well hadn’t received my renewal quote up until today, so rang BikeSure to see when I would get it. The very pleasant agent advised it should be out in the next few days or if I wanted she would do a quote today.
Decided to go for the quote. As in previous years vey competitive quote which actually cheaper this year than last. Paid £247 for my Tiger 660 and Thruxton R last year. This year with no change in circumstances it was £228.67,

Bargain for fully comprehensive insurance with protected no claims on both bikes. I’m very happy for another years riding.

 

Not only for bikes. Last year I ended up insuring my motor with Carole Nash. You reckon your 35% premium hike was bad? How about 207%? This is from their renewal notice.

 

I take it they didn't want your business