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timwilky · 03-01-13, 01:18 PM

Rule 1 for cheap insurance. Don't crash/claim

Sadly, the insurance game is statistics and the strange way their risk assessors collate and assess risk and the associated costs.

Due to its low cost and restrictability, the SV is an ideal newbies bike. Unfortunately the newbies learn by their mistakes which probably leads to a higher percentage of SV riders making claims compared against say blade riders. Therefore in insurance industry view the SV rider is probably riskier to insure than say a blade rider.

Annoying is that a non fault claim does count in assessing risk. OK it doesn't effect the NCD, but does load the premium first.

03-01-13, 01:18 PM	#8
timwilky Member Mega Poster Join Date: Mar 2004 Location: Not in Yorkshire. (Thank God) Posts: 4,116	Re: insurance dig Rule 1 for cheap insurance. Don't crash/claim Sadly, the insurance game is statistics and the strange way their risk assessors collate and assess risk and the associated costs. Due to its low cost and restrictability, the SV is an ideal newbies bike. Unfortunately the newbies learn by their mistakes which probably leads to a higher percentage of SV riders making claims compared against say blade riders. Therefore in insurance industry view the SV rider is probably riskier to insure than say a blade rider. Annoying is that a non fault claim does count in assessing risk. OK it doesn't effect the NCD, but does load the premium first. __________________ Not Grumpy, opinionated. Last edited by timwilky; 03-01-13 at 01:20 PM.