Bike Insurance - Varying quotes!
Discussion
Hi all, I'm not sure if you lot would have had much experience of this. My recently purchased Ducati Streetfighter V2 has been sat in the garage uninsured and untaxed. I used temporary insurance to get it home and have cancelled the tax at the end of last month. SORN'd for the winter essentially.
However, leaving such a thing uninsured is always risky. In shopping for insurance I tried a few recommendations with providers direct and was getting quotes as high as £1k a year or more. I'm 41 with a good NCB and good history. I then went onto the usual comparison sites (compare the market) and got that down to £600 but I was having to strip out all the additions and have high excess to get that figure. Still high considering I was insuring two previous bikes combined for 2/3rds that.
Then...before I bit the bullet on a £600 policy I thought I'd just try GoCompare. Thinking all prices would be basically the same as the other provider. I managed to get it down to a shade under £400 with every option ticked for cover, helmets, breakdown etc etc Absolute winner. Also with a reputable broker and policy provider.
I was trying to think why this would be and the only thing I can think of is that they asked for my car insurance information (I have a no fault claim on the car from 2 years ago). All the other sites didn't differentiate where that claim was made. I.e it wasn't made against the bike. I was also able to inform them of the datatag which other sites didn't do. All other information provided was identical in all quotes.
So...lesson learnt here is, not all comparison sites are created equal and it seems that in my case GoCompare was by far the best option. The bike is now insured.
A monday morning win! The week ahead is bright and I might even tax it for a few last minute Autumn rides!
However, leaving such a thing uninsured is always risky. In shopping for insurance I tried a few recommendations with providers direct and was getting quotes as high as £1k a year or more. I'm 41 with a good NCB and good history. I then went onto the usual comparison sites (compare the market) and got that down to £600 but I was having to strip out all the additions and have high excess to get that figure. Still high considering I was insuring two previous bikes combined for 2/3rds that.
Then...before I bit the bullet on a £600 policy I thought I'd just try GoCompare. Thinking all prices would be basically the same as the other provider. I managed to get it down to a shade under £400 with every option ticked for cover, helmets, breakdown etc etc Absolute winner. Also with a reputable broker and policy provider.
I was trying to think why this would be and the only thing I can think of is that they asked for my car insurance information (I have a no fault claim on the car from 2 years ago). All the other sites didn't differentiate where that claim was made. I.e it wasn't made against the bike. I was also able to inform them of the datatag which other sites didn't do. All other information provided was identical in all quotes.
So...lesson learnt here is, not all comparison sites are created equal and it seems that in my case GoCompare was by far the best option. The bike is now insured.
A monday morning win! The week ahead is bright and I might even tax it for a few last minute Autumn rides!
smifffymoto said:
I have never bothered with only insuring and taxing a bike for the season or better weather.
Insurance companies like to see consistent insured assets and unfortunately it s their rules and prices we have to abide by,like it or loathe it.
Exactly. Insurance companies like to see consistent insured assets and unfortunately it s their rules and prices we have to abide by,like it or loathe it.
Whether you ride year round like some of us do or not I can't help but feel the 6th monthers are a statistical spike in risk for insurers and therefore cost.
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