revtothelimit - motorbike forum

Had abit of a shocker this morning. Sold the CB1R so took it off my multi bike policy and was expecting a bit of a cash back. But, no the policy with Aviva went up by just over £400! Apparently with 2 bikes it splits the risk of each so without the second bike the risk on the X-ADV increases dramatically. Okay I kinda get that as it always brings policy prices down by adding drivers. Fair play to Bennetts as they shopped aound and got me a policy for £620 which is what I was paying for both bikes, but even then, insurance costs are deffo on the rise around here!

<fx. Taipan wanders off to look at current prices of X-ADVs and SH300s...</fx>

Jeepers... the ZX6R is £82 for me and the wife.

Another example of my suspicion that insurer's are a bunch of bandits

X-ADVs are massively in demand from the scrotes, but then you knew this when you bought it.

A_morti wrote: Wed Aug 07, 2024 10:59 am X-ADVs are massively in demand from the scrotes, but then you knew this when you bought it.

Statistically they aren't actually that bad. A Tmax is a lot more risky to own, or many other scoots tbh.

Recent breakdown of insurance costs and policy increases in I think the FT.
Mostly about cars but probably applies to Bikes as well.

Cars more expensive to repair esp EV
Insurance companies grifting each other over repairs (That wasn't the phrase used )
They were making a loss on their policies

If insurers stopped giving out courtesy cars (costing hundreds each week) willy nilly, then premiums may reduce.

Or are the insurers also having a financial interest in these hire companies?

Whysub wrote: Wed Aug 07, 2024 4:40 pm If insurers stopped giving out courtesy cars (costing hundreds each week) willy nilly, then premiums may reduce.

Or are the insurers also having a financial interest in these hire companies?

It's the fact that they hand your details straight over to a claims management company that's the big problem... I got a call saying how they'd handle everything and I wouldn't have to do a thing a few minutes after reporting a no-fault claim on my camper. They are massively inflating repair costs, holding up the process of getting the vehicle repaired (sometimes for months over something trivial) and charging the insurance companies astronomical sums for the car hire.

There's no obligation to use one (though they try to make it sound like that way - the claims company representative told me over the phone he had been 'appointed to handle the claim' as if he was from the insurers themselves. I had to ask a few questions about exactly who he was working for to realise that no such thing had happened.

weeksy wrote: Wed Aug 07, 2024 10:44 am Jeepers... the ZX6R is £82 for me and the wife.

I think my CB1000R is about that, but I don't live in the hive of scum and villainy that is Basildon

I'm a worrier and pay about 450€ FC

My 3 pals with V4 Panigales have all got crash protection without theft cover.

Most other mates just TPO.

£108 FC for the Harley, even with the wife on the policy

MrLongbeard wrote: Tue Aug 20, 2024 11:31 pm £108 FC for the Harley, even with the wife on the policy

From what I've gathered, you live in a very gentile area.

Yorick wrote: Tue Aug 20, 2024 11:38 pm

MrLongbeard wrote: Tue Aug 20, 2024 11:31 pm £108 FC for the Harley, even with the wife on the policy

From what I've gathered, you live in a very gentile area.

That doesn't stop me RLAC

MrLongbeard wrote: Wed Aug 21, 2024 7:31 am

Yorick wrote: Tue Aug 20, 2024 11:38 pm

MrLongbeard wrote: Tue Aug 20, 2024 11:31 pm £108 FC for the Harley, even with the wife on the policy

From what I've gathered, you live in a very gentile area.

That doesn't stop me RLAC

Riding Like A Chapel-goer?

(If gentile areas are cheap for insurance I'm not moving to Golders Green).

Not a bike, but I have just scrapped a V50 2.0D and bought a cheap1.2 clio....cost to change policy over....£100 and some pence for a car half as big and half as powerful.

David wrote: Wed Aug 21, 2024 8:06 am Not a bike, but I have just scrapped a V50 2.0D and bought a cheap1.2 clio....cost to change policy over....£100 and some pence for a car half as big and half as powerful.

A car that, statistically is more likely to be nicked or crashed. Because, statistically, they're driven by younger or less experienced drivers, so, although it's nothing to do with the car per se, statistically, the car is a greater risk.

My car insurance is up next month Ford Focus 1.6 fully comp,no commuting,it's gone up by £5 to £250.
I'll start looking for some other quotes,but if they're similar I'll stay with the current insurers.
Bike's are due for renewal in March.

I was a bit miffed last week when my renewal came through, it's been exactly the same price for 3 or 4 years so I've just let it auto renew. This year it has gone up by about 35% and when I rang them, they dropped it straight back down to almost the same price as last year.

Still only £135 though

Added my sister-in-law to a car policy. £15 reduction, woohoo! Still cost a fiver mind - £20 amendment fee...

I'll be leaving her on.

I paid £1200 to insure my Velar. Out of interest I got a quote for the v10 Lambo on RevComps...

The following quotes are for Taipan (policyholder) on a LAMBORGHINI GALLARDO SPYDER (LF06KUN) with Comprehensive cover starting on 7 September 2024. Annually £625.79
Excess £200 voluntary £350 compulsory £550 total