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 Post subject: Insurance Recommendations
PostPosted: Wed May 31, 2017 9:13 am 
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80 cc

Joined: Wed Nov 11, 2015 9:55 am
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Just got my renewal quote through from my current insurer Ageas via Cornhill and it's taking the p@ss! Looking for a multi-bike policy. Have been with Benetts and Carol Nash in the past and was not that impressed. Your thoughts and recommendations would be welcome.


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 Post subject: Re: Insurance Recommendations
PostPosted: Wed May 31, 2017 10:28 am 
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650 cc Monster
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Joined: Fri Aug 14, 2009 8:34 am
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Location: East Sussex
Bikesure haven't been too bad for me over the years.
Oddly, multibike policies don't always work out the cheapest. Probably depends on the bikes.

In the good old 70's and 80's the Norwich Union Rider Policy was great.
One slightly higher payment and ride what you like fully comp whether it was yours or someone elses.

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 Post subject: Re: Insurance Recommendations
PostPosted: Wed May 31, 2017 10:37 am 
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300 cc
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Joined: Mon Apr 22, 2013 7:07 pm
Posts: 570
The reason the rider policies were scrapped (and they only covered your own bikes registered to you, comp. third party for other peoples) was because for every £1 they took in premiums they paid out £1.50 in claims!

I'm a fan of individual policies, that way you earn 2 lots of no claims. If you're unfortunate to have a claim then you only lose it on one policy not all of them.

Best thing to do is go on web and go compare or compare the market. Get an idea of the cheapest price, then call that company direct and see if you can get it cheaper if not just pay through the comparison site.


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 Post subject: Re: Insurance Recommendations
PostPosted: Wed May 31, 2017 10:59 am 
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650 cc Monster
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Joined: Fri Aug 14, 2009 8:34 am
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Location: East Sussex
I sit corrected.
Irrelevant as it is now anyway.

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 Post subject: Re: Insurance Recommendations
PostPosted: Wed May 31, 2017 4:02 pm 
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650 cc Monster

Joined: Fri Apr 03, 2009 3:08 pm
Posts: 4440
You can blame the London motorcycle messengers for the end of the NU Rider's Policy...they could run five bikes for the price of one and have an accident every day of the week...and lots of them did.

Hence the rice of the pedal cycle courier...no legal need for any insurance at all, and even less regard given to the Highway Code.


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 Post subject: Re: Insurance Recommendations
PostPosted: Wed May 31, 2017 4:07 pm 
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650 cc Monster

Joined: Fri Apr 03, 2009 3:08 pm
Posts: 4440
TheWookie wrote:
Just got my renewal quote through from my current insurer Ageas via Cornhill and it's taking the p@ss! Looking for a multi-bike policy. Have been with Benetts and Carol Nash in the past and was not that impressed. Your thoughts and recommendations would be welcome.



All motor insurance renewals are going to go through the roof because of a change in the way major injury payouts are calculated thanks to poor returns on long-term investments.

simple explanation here: http://www.telegraph.co.uk/news/2017/02 ... overnment/


If you have any accidents, your premium will go up even more. It's all about 'claims history' and apparently even being involved in a couple of small 'no fault' accidents makes the perceived risk of giving you cover increase.

Ride (and drive) safe.


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 Post subject: Re: Insurance Recommendations
PostPosted: Wed May 31, 2017 10:56 pm 
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125cc
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Joined: Mon Nov 14, 2011 9:38 am
Posts: 209
Richard Simpson wrote:
TheWookie wrote:
Just got my renewal quote through from my current insurer Ageas via Cornhill and it's taking the p@ss! Looking for a multi-bike policy. Have been with Benetts and Carol Nash in the past and was not that impressed. Your thoughts and recommendations would be welcome.



All motor insurance renewals are going to go through the roof because of a change in the way major injury payouts are calculated thanks to poor returns on long-term investments.

simple explanation here: http://www.telegraph.co.uk/news/2017/02 ... overnment/


If you have any accidents, your premium will go up even more. It's all about 'claims history' and apparently even being involved in a couple of small 'no fault' accidents makes the perceived risk of giving you cover increase.

Ride (and drive) safe.


Yes that's happened to me. My van has been hit 3 times when parked within the last 6 years. All unrelated and completely 100% no fault accidents, I was just really unlucky.
Due to these, I am uninsurable to be a named driver on my daughter's tiny learner car! They won't add me for any price. Anyone would think I'd been drink driving and mown down a bus queue! :(


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 Post subject: Re: Insurance Recommendations
PostPosted: Thu Jun 01, 2017 10:32 am 
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650 cc Monster

Joined: Fri Apr 03, 2009 3:08 pm
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...and then they wonder why people drive uninsured?


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 Post subject: Re: Insurance Recommendations
PostPosted: Thu Jun 01, 2017 2:32 pm 
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650 cc Monster

Joined: Fri Jan 07, 2011 9:11 am
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Location: St Albans
You may find the following links useful

http://www.moneysavingexpert.com/car-in ... -insurance

http://www.mag-uk.org/en/joinmag/a6331

TRF is affiliated to MAG

Also the bikeinsurer has some useful information and advice eg https://www.thebikeinsurer.co.uk/motorb ... motorbike/

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 Post subject: Re: Insurance Recommendations
PostPosted: Thu Jun 01, 2017 8:04 pm 
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300 cc
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Joined: Mon Apr 22, 2013 7:07 pm
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I suspect your daughter has a female only policy. If you were added at inception or at the time of the quote you'd be able to be on it.




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