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#1 |
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I've been looking at how much it is to insure a SS600, and its a bit odd.
I can insure a GSXR600 for around £285, but a an R6, ZX6R, CBR600RR, Daytona 650 all cost around £450. For ref my SV comes out at about £185. All FC. I'm under the impression that they are all pretty similar in terms of value, performance and desirability to a thief, so why the big difference?! |
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#2 | |
Captain Awesome
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![]() Quote:
![]() ![]() insurance risk also takes into account the cost of repairs and the cost of the vehicle when new, which may favour the suzuki either that, or a particular insurer specialises in suzukis and happens to match your risk profile with theirs...
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#3 |
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I tried official Suzuki insurance for my SV, came to about £6000. So i bought from BikeSure for the best price (for me)!
Also, depends on your area. If the insurers you quoted from have had previous claims from riders of the other bikes, they become higher risk and more expensive. Also, what years were these bikes? All relatively new? |
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#4 |
Captain Awesome
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oh, my own opinion of insurance companies is that they have a large random number generator, and a multiplier for when you tell them you're under 25
see my own thread on insurance
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Official "Dumbass of the Year" 2011 (•_•) ( •_•)>⌐■-■ (⌐■_■) Deal with it... |
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#5 | |
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Step 2 - multiply by average claim size including processing costs Step 3 - repeat 1 and 2 for theft Step 4 - add in overheads for marketing, call centre etc. Step 5 - ADD A HUGE AMOUNT TO HELP COVER THEIR INVESTMENT LOSSES The big insurers generally have a huge pile of money invested in the markets to cover contingent liabilities (the risk of claims). That includes shares in banks and other industries whose share prices have tanked recently. So to rebuild their asset/risk profile all kinds of premiums will be shooting up (well it's that or reduce profits ![]() Maybe I'm just being pessimistic, but that's what I'm expecting. Keith |
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#6 | |
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#7 |
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All bikes were the same age and value, but if I change it from newer bikes to 2005 ish models then its still the same. The 2004/5 ish bikes seem to have about 20bhp less as well?
Are the insurance groups of the GSXR / R6 / ZX6R the same? I know insurance is based on statistics, it just seems odd that the GSXR is so much cheaper because it at least appears to present the same risk as the other bikes. |
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#8 | |
Noisy Git
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![]() I wasn't any slower on SRAD than on a 06 plated kwacker.
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Now rebuilding a 63' fishing trawler as a dive boat |
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#9 |
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Im quessing your a lot older than me for me gsxr600k4 fully comp cheapest qoute is £2794.81 , a £2000 price increase from my SV XD
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#10 |
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I'm 25, will have 1 years ncb and a quite friendly post code.
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