Understanding Ebike's Excess system - SV650.org

26-05-06, 03:16 PM

As Ebike Insurance is getting very popular and having just done an online quote with Ebike I got confused as to what the total excess on the policy was going to be............ I spoke with Ebike C.S. today and they explained how their online software works:

One completing your online quote the Ebike software automatically defaults you having a voluntary excess of £200, this is in addition to their standard (I believe) excess of £250.

Unless you want a total excess of £450 please make sure you set the voluntary excess to £0

TSM · 26-05-06, 03:28 PM

Yep, but all you do to check is click the 'View Excesses' next to the vol excess and it will tell you the total excess, theft excess not in garage.

Compulsary excess varies on diffrent bikes, but the info in the 'View Excesses' gives the correct totals.

BTW. it seems that Ebike have been hiking up their costs. I am currently paying 71 a month, but if i was to renew the policy now it would be over 100 per month. Annoying as my renewal is in aug/sept.

26-05-06, 03:46 PM

Their prices vary through the month just like other companies.
I've had quotes a few times for stuff like zzr1100s and falcos etc. The zzr comes out at either about £4 per month more than other similar (ish) bikes or for the stupid, we don't want your business, prices.
similarly, stuff like the falco comes out either about £60 per month or £90 per month.
Same circumstances for all.
Also, it appears that turning 25 will have a huge effect on my premiums, contrary to what various people have claimed (it was often claimed that for bikes they came down at 30 instead)

timwilky · 26-05-06, 03:59 PM

Worried by comments on price changes I have just ran a quote on my current circumstances , ie bike ncb, security, mods and it came out the same as when I renewed last year.

So out of interest I added an extra years noclaims and got it down from £130 to £124 per annum comprehensive. So I guess when I finally get my 5 yrs it will still be over a hundred for the year

26-05-06, 04:02 PM

I got my eBike policy details through yesterday.

After putting £0 voluntary excess my policy states....
£175 for own damage, fire & theft.
£250 garaging excess (if stolen between 10pm and 6am, in the vicinity of your home)

It's worth trying their different excess options. I checked it for all variations. Even with £500 voluntary excess I would only have saved £16 on the years premium.

Stuff that!

TSM · 26-05-06, 04:06 PM

Quote:

Originally Posted by timwilky

Worried by comments on price changes I have just ran a quote on my current circumstances , ie bike ncb, security, mods and it came out the same as when I renewed last year.

So out of interest I added an extra years noclaims and got it down from £130 to £124 per annum comprehensive. So I guess when I finally get my 5 yrs it will still be over a hundred for the year

Mabey they have caught wind of my incidents last year or that peckham has become a far lot worse.

26-05-06, 04:08 PM

Insurance just baffles me totally.

Got a quote for a GSXR750 today. I'm 28 and have been riding 2 years with one claim (theft) against me. No ncb as I never keep a bike long enough! They wanted £1'900 fully comp!

But then I got a quote for a Z1000, £402 TPFT and £331 fully comp. It was £70 cheaper to go fully comp. WTF. I'm paying over £600 notes for he SV!

26-05-06, 04:26 PM

This is what happened to me recently (copied my comments from a previous thread)

Quote:

my R & G's made NO difference to my premium. Increase in NCD incurred a RISE in my premium. This was apparently due to a "general rate increase" which offset the reduction that would have resulted due to my NCD...

As said before, it's not for everyone, I guess.

Pretty annoying. Also, I wonder whether other companies would accept that it's possible to accrue more NCD on the pay as you go scheme than time elapsed since your test. Somehow, I doubt it...

JG

26-05-06, 05:16 PM

Ebike's premium are way out of sync atm.

Mate of mine in work just passed his test and I sent him to Ebike for a quote, we sat at my PC. Half joking he wanted a quote on a .....

Brand new Triumph 675 = £6200
Brand New SV650s = £1300
One year old Honda 125 = £1700

Like wtf? The Homda is his atm and he pays £600 per year ish. We both work in insurance so we know what we are doing but that made no sense what so ever.

PS The Triumph was worth £7000 new, we concluded that was not a viable option for him

26-05-06, 03:16 PM	#1
Aurora Guest Posts: n/a	Understanding Ebike's Excess system As Ebike Insurance is getting very popular and having just done an online quote with Ebike I got confused as to what the total excess on the policy was going to be............ I spoke with Ebike C.S. today and they explained how their online software works: One completing your online quote the Ebike software automatically defaults you having a voluntary excess of £200, this is in addition to their standard (I believe) excess of £250. Unless you want a total excess of £450 please make sure you set the voluntary excess to £0

26-05-06, 03:28 PM	#2
TSM The Sick Man Mega Poster Join Date: Nov 2004 Location: Peckham.SE.LDN Posts: 4,768	Yep, but all you do to check is click the 'View Excesses' next to the vol excess and it will tell you the total excess, theft excess not in garage. Compulsary excess varies on diffrent bikes, but the info in the 'View Excesses' gives the correct totals. BTW. it seems that Ebike have been hiking up their costs. I am currently paying 71 a month, but if i was to renew the policy now it would be over 100 per month. Annoying as my renewal is in aug/sept. __________________ OTR: KTM 690 Duke R 2015 Full Akro SIDELINE: Kwak ZX636 A1P 2002, Red, R&G's, Yoshi, Double Bubble Screen GONE: Kwak ZX-7R P1, Full Akro, Undertray, Screen GONE: SV650S K2 Very Bruised & Without Fairing, Motovation Frame Sliders, R&G Ally Sprocket Toe Protector, HEL 2 Line Setup, GSXR K1 600 RWU Forks, Barnett Clutch & Springs, Penske 8981 Shock, Gilles Ti Rearsets, Steel Barends, Scottoiler, AFAM Chain & Sprockets, Twin FIAMM Horns, Skidmarx Bellypan, Full Micron Zeta Steel System, Cut down undertay. Forum Problems & Information / Site Suggestions

26-05-06, 03:59 PM	#4
timwilky Member Mega Poster Join Date: Mar 2004 Location: Not in Yorkshire. (Thank God) Posts: 4,116	Worried by comments on price changes I have just ran a quote on my current circumstances , ie bike ncb, security, mods and it came out the same as when I renewed last year. So out of interest I added an extra years noclaims and got it down from £130 to £124 per annum comprehensive. So I guess when I finally get my 5 yrs it will still be over a hundred for the year __________________ Not Grumpy, opinionated.

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
D.I.Y. to excess?	Dicky Ticker	Idle Banter	9	20-04-09 05:16 PM
Excess chain oil	charlie13	SV Talk, Tuning & Tweaking	2	23-02-09 06:33 AM
Excess	plowsie	Idle Banter	12	04-06-07 08:14 PM
what is it with insurance excess?	kwak zzr	Idle Banter	1	14-03-07 11:13 PM
Understanding women	cuffy	Idle Banter	15	04-05-06 03:20 PM

26-05-06, 03:46 PM	#3
Carsick Guest Posts: n/a	Their prices vary through the month just like other companies. I've had quotes a few times for stuff like zzr1100s and falcos etc. The zzr comes out at either about £4 per month more than other similar (ish) bikes or for the stupid, we don't want your business, prices. similarly, stuff like the falco comes out either about £60 per month or £90 per month. Same circumstances for all. Also, it appears that turning 25 will have a huge effect on my premiums, contrary to what various people have claimed (it was often claimed that for bikes they came down at 30 instead)

26-05-06, 04:02 PM	#5
haggis Guest Posts: n/a	I got my eBike policy details through yesterday. After putting £0 voluntary excess my policy states.... £175 for own damage, fire & theft. £250 garaging excess (if stolen between 10pm and 6am, in the vicinity of your home) It's worth trying their different excess options. I checked it for all variations. Even with £500 voluntary excess I would only have saved £16 on the years premium. Stuff that!

26-05-06, 04:08 PM	#7
DanAbnormal Guest Posts: n/a	Insurance just baffles me totally. Got a quote for a GSXR750 today. I'm 28 and have been riding 2 years with one claim (theft) against me. No ncb as I never keep a bike long enough! They wanted £1'900 fully comp! But then I got a quote for a Z1000, £402 TPFT and £331 fully comp. It was £70 cheaper to go fully comp. WTF. I'm paying over £600 notes for he SV!

26-05-06, 05:16 PM	#9
pingu Guest Posts: n/a	Ebike's premium are way out of sync atm. Mate of mine in work just passed his test and I sent him to Ebike for a quote, we sat at my PC. Half joking he wanted a quote on a ..... Brand new Triumph 675 = £6200 Brand New SV650s = £1300 One year old Honda 125 = £1700 Like wtf? The Homda is his atm and he pays £600 per year ish. We both work in insurance so we know what we are doing but that made no sense what so ever. PS The Triumph was worth £7000 new, we concluded that was not a viable option for him