Confused by insurance - SV650.org

21-09-15, 07:00 PM

So I've bought myself a Speed Triple to replace my Street. Typically my original insurance won't cover it so I'm going to have to take out a new policy and lose out on 10 months no claims.
Anyway, I ran some quotes. Selected my bike, the Speed Triple ABS, and got a price. It was considerably more expensive than when I ran quotes before I bought the bike, nearly double, and I couldn't understand what I'd done differently. So I ran some more. Same price. Then I decided to run quotes on the non-ABS Speed Triple, and worked out what I'd done. The same year Speed Triple ABS costs twice as much to insure as the non-ABS model. I thought ABS was supposed to make crashing less likely!?

I'm sorely tempted to just not tell the insurance company I have ABS...

DomP · 21-09-15, 07:45 PM

That seems mad, surely worth calling them to query it. Insurance makes no sense to me, it's all robbery in my opinion.

TamSV · 21-09-15, 08:00 PM

Sounds like quote engines not talking to each other properly. Pick the best non ABS price and phone them up to check. You can't now pretend you didn't realise as you've run multiple quotes through everyone's server with and without the ABS option.

650 · 23-09-15, 07:49 PM

The ABS will have been crashed/stolen considerably more than the none ABS. Simple as that, I work in the insurance sector, it's how it goes.

I wouldn't sweat telling them about it, but they'll likely have it as an ABS model going off the plate. Ring and query, tell the you want to use them but refuse to pay more for the same bike, try to ring at the beginning of a month as they're working harder to hit quotas

L3nny · 24-09-15, 11:37 AM

Remove the ABS fuse, problem solved.

NTECUK · 24-09-15, 12:21 PM

Maybe they think your likely to push harder with an ABS bike .
So more likely to be in a higher speed crash...

Bibio · 24-09-15, 04:43 PM

give it ten years and all new bikes will have ABS.

Tomor · 24-09-15, 07:51 PM

Isn't it compulsory on 126cc and over from 2016?

26-09-15, 12:10 PM

I wouldn't mind it being compulsory if they also made it compulsory to have the option to turn it off/down.

Sent via the medium of interpretative dance.

NTECUK · 27-09-15, 01:22 AM

You can do just that on some bikes.
Though if you can best ABS on the road your probably riding a factory machine...

21-09-15, 07:00 PM	#1
thebug Guest Posts: n/a	Confused by insurance So I've bought myself a Speed Triple to replace my Street. Typically my original insurance won't cover it so I'm going to have to take out a new policy and lose out on 10 months no claims. Anyway, I ran some quotes. Selected my bike, the Speed Triple ABS, and got a price. It was considerably more expensive than when I ran quotes before I bought the bike, nearly double, and I couldn't understand what I'd done differently. So I ran some more. Same price. Then I decided to run quotes on the non-ABS Speed Triple, and worked out what I'd done. The same year Speed Triple ABS costs twice as much to insure as the non-ABS model. I thought ABS was supposed to make crashing less likely!? I'm sorely tempted to just not tell the insurance company I have ABS... Last edited by thebug; 21-09-15 at 07:02 PM.

21-09-15, 07:45 PM	#2
DomP Member Join Date: Oct 2014 Location: Kington Herefordshire Posts: 916	Re: Confused by insurance That seems mad, surely worth calling them to query it. Insurance makes no sense to me, it's all robbery in my opinion.

21-09-15, 08:00 PM	#3
TamSV Member Mega Poster Join Date: Feb 2010 Location: Troon, Ayrshire Posts: 1,812	Re: Confused by insurance Sounds like quote engines not talking to each other properly. Pick the best non ABS price and phone them up to check. You can't now pretend you didn't realise as you've run multiple quotes through everyone's server with and without the ABS option.

23-09-15, 07:49 PM	#4
650 Member Mega Poster Join Date: May 2012 Location: South East London Posts: 1,095	Re: Confused by insurance The ABS will have been crashed/stolen considerably more than the none ABS. Simple as that, I work in the insurance sector, it's how it goes. I wouldn't sweat telling them about it, but they'll likely have it as an ABS model going off the plate. Ring and query, tell the you want to use them but refuse to pay more for the same bike, try to ring at the beginning of a month as they're working harder to hit quotas __________________ 93 VFR750 - WAY too many mods to list. Crashed 04 SV1000 - Bar end mirrors. Belly pan. Seat cowl. K4 GSXR600 K6 front end and custom top yoke. R6 Brembo MC

24-09-15, 11:37 AM	#5
L3nny Member Mega Poster Join Date: May 2008 Location: MK Posts: 2,111	Re: Confused by insurance Remove the ABS fuse, problem solved. __________________ 2015 GS 1200 Adventure

24-09-15, 12:21 PM	#6
NTECUK Member Mega Poster Join Date: Apr 2011 Location: essex Posts: 5,314	Re: Confused by insurance Maybe they think your likely to push harder with an ABS bike . So more likely to be in a higher speed crash... __________________ Raisin cookies that look like chocolate chip cookies are the reason I have trust issues.

24-09-15, 04:43 PM	#7
Bibio Member Mega Poster Join Date: Jul 2008 Location: here as devil's advocate Posts: 11,569	Re: Confused by insurance give it ten years and all new bikes will have ABS.

24-09-15, 07:51 PM	#8
Tomor Member Mega Poster Join Date: Oct 2011 Location: Yateley, Hants Posts: 2,306	Re: Confused by insurance Isn't it compulsory on 126cc and over from 2016? __________________ Yam XT125R - Sold SV650 -Sold DL 650 K6 - Sold 2012 Street Triple R - For Sale - Linky here

26-09-15, 12:10 PM	#9
Matt-EUC Guest Posts: n/a	Confused by insurance I wouldn't mind it being compulsory if they also made it compulsory to have the option to turn it off/down. Sent via the medium of interpretative dance.

27-09-15, 01:22 AM	#10
NTECUK Member Mega Poster Join Date: Apr 2011 Location: essex Posts: 5,314	Re: Confused by insurance You can do just that on some bikes. Though if you can best ABS on the road your probably riding a factory machine... __________________ Raisin cookies that look like chocolate chip cookies are the reason I have trust issues.

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