Insurance Increase?
 

Heya All. Quick question. Following my off, my insurance claim has come out about ?1700. My premium as a new ride was initially ?370 and have been riding since October. I am 27. Just wandering if anyone had any views about roughly how much I could expect my premium to rise? Will it be 15% or double etc. I have no clue and am trying to insure I save enough before then to cover it. Cheers Drew

Re: Insurance Increase?
 

Go online and try getting a quote with your details - should give you a rough idea.

Re: Insurance Increase?
 

+1

Could be swings and roundabout. You'll have had the claim, but also had a years riding experience. Also the claim is not that much in the scheme of things.

Re: Insurance Increase?
 

Cheers guys....just did that with mixed results....Bennets - £514.67 with 500 compulsory excess. Ebike - £462 with the standard garage excess etc.Happy with the ebike quote, not so with the Bennets one. But the increase is not as much as I thought to be honest, so happy bout that.

Re: Insurance Increase?
 

With proper shopping around ou should get it down. MCE at the bike show gave me a great deal (even with claims)

Re: Insurance Increase?
 

Also to add, I pay exccess insurance on my bike which cost ?30/year. Okay so I'm already paying money out before anything happens. But should I need to claim, that pays my ?500 excess I have to pay nothing more.

I think thats ace, casue I know for sure if I had to claim, the excess pay out would mean, I would struggle that month for cash. Just something to think about, but I pay it along with gap insurance.

Re: Insurance Increase?
 

Blue - is it possible to do excess insurance through the insurance company? Never heard of it before. I've just taken a Kit Guard policy out also so that I don't have to fork out £500 again for new gear (can't claim mine on contents like some as don't have the away from home cover).

Re: Insurance Increase?
 

Yeah mine is done through express insurance, as thats who my bike is with right now, but I had H&R insurance before, they did it as well. I'm with express casue, I got the deal for new riders, so I have mega cheap insurance this year, I know next yeat it will be more than the £160 i paid this year.

Its worth calling and asking for sure, as I said I think its a good idea for a rookie rider. Your the same age as me, and don't live London so your insurance should be cheaper than mine. Though I do keep the bike in a garage.

Mine I think covers everything, but they won't pay for kit if I crash and its my fault. So when my insurances end is August I'll see what offers I can get out there:D

Re: Insurance Increase?
 

I am with express also (actually insured with NIG), with the bike in a garage, as a new rider it cost me ?370. I didn't realise that they did insurance for the excess, will give them a call and find out how much it will be for me. I am amazed at how low your is......was it a promo they were doing? I think mine may have been more because I actually had possesion of the bike before I had done my test, so had to have the bike insured for loss (cause otherwise the finance wouldn't go through).