Novice biker insurance

[Mikeylad]

Greetings all,
I hope a friendly broker out there might be able to give me some ball-park advice.

At 23 years old, with 5 years NCD on cars, what kind of insurance premiums am i looking at for something sporty but not necessarily too fast (circa 400cc) (RC30?) for my first bike?

thanks,
M

[dern]

Any figures anyone gives you will be massive guesses as we don't know where you live, if you had any accidents, how long you've had a license for etc. I'd give a couple of brokers a call if I were you or if you can't wait until tomorrow do a search for some online quote engines.

Good luck though.

Regards,

Mark

[scruffy]

True, & your best bet is to do the advanced - some companies give nearly the cost of the fun you have learning how to actually ride the thing, off the cost of the insurance...

Today, mine's a portfolio insurance thing though with everythin (incl house, car etc) tied in..
Though going back a bit, I seem to recall I saved the equivalent of 60%...

[dern]

Can you post details of your portfolio insurance please? The only one I could find didn't include bikes so didn't save me much money.

Thanks,

Mark

[badapple]

Greetings all,
I hope a friendly broker out there might be able to give me some ball-park advice.

At 23 years old, with 5 years NCD on cars, what kind of insurance premiums am i looking at for something sporty but not necessarily too fast (circa 400cc) (RC30?) for my first bike?

thanks,
M

Try this site for an idea www.quotelonline.com/choicequote/qq1.asp

[andytk]

Greetings all,
I hope a friendly broker out there might be able to give me some ball-park advice.

At 23 years old, with 5 years NCD on cars, what kind of insurance premiums am i looking at for something sporty but not necessarily too fast (circa 400cc) (RC30?) for my first bike?

thanks,
M

I believe I can help here. I am in almost exactly the same position.

I'm 22 and I've held a car lisence for nearly 6 years now and I was getting quotes for a Honda RVF400 (NC35).

With a brand new motorbike licence and zero years motorbike NCB the best quote I got was 750 quid third party fire & theft.
Thats with datatag but no alarm/immobiliser. The bike would be garaged in a suburb of Glasgow.

I was quoted 1800 quid for fully comp (but this was by Bennetts who'd just quoted me 1000 quid for TPF&T.)

The only advantage you have over me is that you actually have car NCB. I don't know if this would matter to the insurance companies though. I would have thought if you have a brand new motorbike licence then they would more concerned about that.

Insurance is a bizarre thing though. I was also fishing for quotes on a Yamaha Thundercat. Despite more power the quotes were much the same. The reason is that most of the little 400cc bikes are grey imports and therefore are harder (read more expensive) to get spares for. Although why this should matter for TPF&T I don't know.

Oh, and an RC30????? you must have deep pockets
(I'm thinking you meant to say NC30

Andy

[badapple]

Another option is pay TPFT for the bike you really want & then buy a £50 50cc (heap of junk) moped & insure it fully comp. They only cost a hundred or two a year & you will end up with a no claims because you won't ride it.

[dern]

badapple said: Another option is pay TPFT for the bike you really want & then buy a £50 50cc (heap of junk) moped & insure it fully comp. They only cost a hundred or two a year & you will end up with a no claims because you won't ride it.

You'd end up with 2 lots of no claims then which you couldn't subsequently apply to 1 policy (ie, you'd have 2 lots of 1 years ncd at the end of the year which isn't the same as having 1 lot of 2 years ncd)... unless I've missed the point completely.

Mark

[Captain Muppet]

I paid 180 quid fully comp on my ZXR400. Mileage limit of 4k, garaged, no NCB, first bike, just passed my test. This was through Bennets.

[badapple]

dern said:

badapple said: Another option is pay TPFT for the bike you really want & then buy a £50 50cc (heap of junk) moped & insure it fully comp. They only cost a hundred or two a year & you will end up with a no claims because you won't ride it.

You'd end up with 2 lots of no claims then which you couldn't subsequently apply to 1 policy (ie, you'd have 2 lots of 1 years ncd at the end of the year which isn't the same as having 1 lot of 2 years ncd)... unless I've missed the point completely.

Mark

You would only build up two ncd's if you had fully comp on both bikes. If the moped was fully comp & the sports bike was TPFT, you would only get a ncd from the moped policy as you cannot build a ncd with TPFT.

[dern]

You would only build up two ncd's if you had fully comp on both bikes. If the moped was fully comp & the sports bike was TPFT, you would only get a ncd from the moped policy as you cannot build a ncd with TPFT.

I don't think that's the case though as I've had 3pf&t in the past and got ncd from those policies.

Mark

[andytk]

Captain Muppet said: I paid 180 quid fully comp on my ZXR400. Mileage limit of 4k, garaged, no NCB, first bike, just passed my test. This was through Bennets.

WHHAAAAAT!!!!

one hundred and eighty quid.

christ thats cheap.
Are the ZXR400's greys or were they imported. And is yours a parallel or UK bike?
Whats the value of the bike?
Also how old are you?

Andy
(must phone Bennetts!)

[badapple]

Captain Muppet said: I paid 180 quid fully comp on my ZXR400. Mileage limit of 4k, garaged, no NCB, first bike, just passed my test. This was through Bennets.

That is very cheap, how old are you?

[Captain Muppet]

andytk said:

Captain Muppet said: I paid 180 quid fully comp on my ZXR400. Mileage limit of 4k, garaged, no NCB, first bike, just passed my test. This was through Bennets.

WHHAAAAAT!!!!

one hundred and eighty quid.

christ thats cheap.
Are the ZXR400's greys or were they imported. And is yours a parallel or UK bike?
Whats the value of the bike?
Also how old are you?

Andy
(must phone Bennetts!)

ZXR400s were imported, but mines not a UK bike (and they know it).
It's a 1991 ZXR400 L1 insured for £2500. 4000 mile limit, garaged but no security (well, lots actually but none that lowered the premium).

I am just over thirty (and still shocked that I'm not 23 any more) with fifteen years car driving without a single claim (like that'll make any difference).

[andytk]

Ah, it could be your age. (no offence or anything)

Its still really cheap though.
I might hassle the insurance companies for quotes on a ZXR400.

Andy

[mikeylad]

andytk said:

Greetings all,
I hope a friendly broker out there might be able to give me some ball-park advice.

At 23 years old, with 5 years NCD on cars, what kind of insurance premiums am i looking at for something sporty but not necessarily too fast (circa 400cc) (RC30?) for my first bike?

thanks,
M

Oh, and an RC30????? you must have deep pockets
(I'm thinking you meant to say NC30

Andy

NC30 sounds more like it. wouldn't want to get ahead of myself!

ta muchly.

[Captain Muppet]

andytk said: Ah, it could be your age. (no offence or anything)

Its still really cheap though.
I might hassle the insurance companies for quotes on a ZXR400.

Andy

Could be the age of the bike as well. :notoffendedjusthurtandsad:

[andytk]

I'd be more inclined to say it was the value of the bike rather than its age. Especially on a fully comp policy.

I'm actually considering a limited milage policy. I wasn't before cos I can almost garauntee I'll ride more than 4000 miles a year. But I suppose I could limit myself. Anything to save money.....

Andy

[Captain Muppet]

andytk said: I'd be more inclined to say it was the value of the bike rather than its age. Especially on a fully comp policy.

I'm actually considering a limited milage policy. I wasn't before cos I can almost garauntee I'll ride more than 4000 miles a year. But I suppose I could limit myself. Anything to save money.....

Andy

I've gone for a 8k mile limit this year and it's gone up to £280.

4k miles were not enough.