It's one of those times when I hate living in London. Paging Bear - you're in London, right - who are you insured with? 1) Is it worth looking past Auntie Carole? Example quote for Gixer Thou: TPFT 332.60, Comp 696.95. At this rate, the NC30 is going to remain alone in the stable. Even a rat Thunderace was 290 and 390 respectively, and that's with a garage and a mere 3000 personal / 1000 business miles per year. I haven't called them yet - these are all website quotes. I was putting in all sorts of bikes, and funnily enough a 916 is cheaper to insure than an R1. I just don't get it. Could be time to forget about anything sporty in my touring and look at a Varadero or a V-Strom, or even a K-LT, but I don't know if I'll get on with the handling. 2) Are there any cost-effective, non-obvious ways to reduce premiums significantly? Something like some magic disklock etc? 3) Am I right in that the only difference between TPFT and Comp is that if /I/ am at fault with TPFT, they don't repair or replace my bike? -- TD 1991 VFR400R NC30 (black and red) 1993 Eunos Roadster (supercharged) Could want: something more comfy, sprots or not Missing: SOB, Unreliable Italian exotica, Lardy tourer
Yes, definitely. When I lived in Harrow, CN were usually far more expensive than others. I was with H&R for a few years with the 9R www.hrinsurance.co.uk It doesn't seem that bad, although I guess it really depends on how much money you have /
It's always worth looking. It's insurance - logic doesn't come into it. Move somewhere more pikey, or lie about who owns the bike & use HAGM cover. Yes, but also if you're not at fault & the person who is either buggers off or isn't insured. Most Comp policies include HAGM cover too, but it's less likely on TPFT. -- Krusty '03 Tiger 955i '02 MV Senna (for sale) '96 Tiger (for sale) '79 Fantic Hiro 250 (for sale) '81 Corvette (for sale)
Awesome. Around 30-40% cheaper on the couple of bikes I've put in so far. -- TD 1991 VFR400R NC30 (black and red) 1993 Eunos Roadster (supercharged) Could want: something more comfy, sprots or not Missing: SOB, Unreliable Italian exotica, Lardy tourer
IMHO, since they've been bought out, yes, absolutely. I get the feeling that the new owners of Auntie Carole are trying to get a return on their investment ASAP and some quotes are now distinctly high. That's just my personal impression. It would be interesting to know what others think.
fully comp will cover you and tpft will not when: - you were at fault - nobody was at fault (like the wind blew it over) - the other person was at fault but could not be traced - the other person was at fault but they were not insured
Most TPFT policies seem to, so long as the bike being insured is over a certain size (typically 400cc).
do they allow you to run your no-claims on both bikes? Insurance is mad. I have the KTM insured with eBike, and at the time they were by far the cheapest. I'm thinking of buying a 2nd bike to tour on, and for this particular bike, eBike are twice as expensive as Carole Nash, assuming I can use my no claims - but of course in theory you can't use the same no claims allowance on two completely different policies (though I have done in the past, before I realised you weren't supposed to do it).
No, nor would I want to. Half the reason I have separate policies is so if I lose the NCD on the expensive one for some reason, I have the NCD from the cheap one as a backup.
well, that makes perfect sense for you. Thing is for me, the bike I have and what I'm proposing to buy (Zymurgy's 12R) are of a similar value. However, I'm already using my NCD on the KTM, and the price for the 12R with no NCD is "disappointing". So, I'm faced with the prospect of cancelling the current policy on the KTM or *waiting* until the start of June. And when I have to wait...well, I can avoid changing my mind by paying a hefty deposit, I suppose.
Say I have two policies, A (GSXR1000, about 700 quid with 2 years NCD) and B (RGV250, about 100 quid with 2 years NCD). Both are already loaded due to historical claims. The GSXR is nicked, say. A pays out, the policy terminates and I lose the NCD from that policy. I amend policy B (or cancel it and use the NCD to take out policy C) to cover a replacement GSXR. Sure, it's loaded even more, but at least I have some no-claims - without that I can't even get a sensible quote. Then I take out new policy D to cover the RGV. Even without NCD it's only about 150 quid and the money saved on insuring a replacment GSXR more than offsets the increase in premium for the RGV.
TD wrote: Oh dear Fully Comp means damage to your vehicle is covered if accidentally damaged, plus damage to anything else you may hit with the vehicle is also covered. TPF&T only pays you if your vehicle is nicked or torched. -- Dan L Too much time to think, too little to do. http://thebikeshed.spaces.live.com/ 2002 Triumph Sprint RS 955i (It's big, and it's black) 1996 Kawasaki ZR1100 Zephyr (Gone, but not forgotten) BOTAFOT #140 (KotL 2005/6/7/8) X-FOT#000 DIAABTCOD #26 BOMB#18 (slow) OMF#11
here's the choices: a) add the Kwak to my existing policy at a cost of £200 for 2 months (policy expires start of June) b) insure the Kwak seperately with no NCD at a cost of £600 for 12 months + reinsure the KTM for £180 in 2 months time c) wait 2 months and insure them both with CN for £350 for 12 months. even for me, it's a no brainer to choose the "wait 2 months" option this time. It's not like I'd use the Kwak much before June anyway.
The standard damage to NCD (AIUI) is loss of the last two years discount. In ogden's case then, all of it - for those less careless it would decrease from (say) 60% to 40% and with another incident, then to zero.
