Re: Insurance companies love new riders.
 

Yeah, I was being sarcastic with the title.

I've got 3 years NCB which gave me a 30% discount which is all good because even at £377 it was still the cheapest I had found, but only by a few quid. It just annoys me that it could have been £250 if I forgot to tell them about my 33BHP restrictor. Oh and my excess is £650.

I can't complain too much as that is still pretty cheap for my age, 19, and it has gone down each year so it's not all bad.

Re: Insurance companies love new riders.
 

I forgot to tell them about my restrictor they rang me up asked i said oh yes, and they didnt add anything to my premium. Im with bikesure paying £334 TPFT

£500 excess

2 years no claims

Was second cheapest as I aint going with MCE ever again.

Re: Insurance companies love new riders.
 

2 ynb for me and 2 year holding a lience.

cbr 600rr 1,400 fully comp.

not cheap, but ill pay it

Re: Insurance companies love new riders.
 

I suggest trying H and R insurance. They have always been the cheapest for me. I'm 22, have 3 points, an accident that was my fault, a claim and butt load of modifications... I pay about £16 a month... Get in!


Give them a try. You have to agree to about 20 criteria before you can go for a quote. One of them says that the bike cannot be modified with any accessories. But when you phone them, tell them that you actually "want" to do some mods and they'll do a re jig of the quote for you asking what mods you "want" to do.

None of my mods affected the price as I went for TP... or TPFT, I can't remember. Which ever was cheaper. Does anyone have any idea why sometimes TPFT is actually cheaper than TP only?

... Also, point to note which I found very annoying. If you have fully comp and declare all of your modifications and then pay through the sphincter for it. In the event of an accident and your bike isn't written off, they will only return the bike to standard any way...

Re: Insurance companies love new riders.
 

for TPFT i wouldn't declare anything there's not really much point.

Re: Insurance companies love new riders.
 

Hi Chris - I can help with the "why sometimes TPFT is actually cheaper than TP only" thing. My friend helps build the bits in the background that work out the premiums.

It's to do with historic data that they have that proves that people wanting TPFT make fewer claims than TP - it seems backwards but this could be the case. For example, if you love you bike you would want TPFT - and because you love your bike you're more likely to ride sensibly... therefore TPFT's eventually claim less.

This I imagine is the same reason that sometimes fully comp is cheaper than TPFT (I have had that!).

Re: Insurance companies love new riders.
 

I had a factory full-power RS125 while only on my CBT and it was insured as such, they never asked if it was restricted, and I never claimed it to be. Insurers don't seem to know/care too much about license restrictions for some reason :confused:

Re: Insurance companies love new riders.
 

A wise decision, they are the pits :mad:

When you talk to some companies on the phone, the people on the other end clearly only know the difference between a bike and a car by the number of wheels, nothing else let alone what bhp it should be at :smt003


I'm 23, 1 years no claims on my YBR 125, passed test in April, £250 TPFT with Bikesure for the SV :flower:

Re: Insurance companies love new riders.
 

Chris, I was with H+R previously and they quoted me £480 TPFT with £650 excess. They had good customer service but they wanted to know every little detail about the bike with certificates/documents to show who fitted what etc.

Re: Insurance companies love new riders.
 

Glad I'm old. 43 years old to be exact, held my full liscence all of 6 weeks I'm a lazy bugger and couldn't be bothered to take the test when I was younger. I have 3 years NCB having been pootling around on a TW125 for 2 years and then having it stood in the garage for a year because cash was tight and I never seemed to find time to do the CBT again. Went to insure my SV the day I passed my DAS, £71.15 TPFT. Happy days :cool:, this through Bennets including all the mods on the bike with no additional prenium increase.