Insurance

Ok, so i want a Speed Triple, trouble is i won't get one with out
insurance. Found one for 7100, 1997 model with 20k on the odometer.
I have several problems.
-I'm 22
-Been done for "inappropriate license" (testing the gsx250 for rego
and got my L's 2 days afterwards from memory)
-Failing to give way at a roundabout (Nasty truck accident) - Killed
the GS500, claimed insurance
-Neg Riding (couldn't make the corner, popped my hip) - Bike suffered
snapped front end, no insurance but repairable

I think I've learnt my lesson, rubber side down for about a year. I
can see why a insurance company will charge me $3000 for my business,
I don't like it but i understand it. Is there anyone with ideas for a
insurance company that won't cost an arm and a leg, and maybe another
arm...while they're at it another leg?

Thanks for any help

 

Don't buy the bike, don't insure it, or pay the price, seems to be your
three options.
With your record do you reckon you reaaly should be riding a $7000 bike?
Plenty of good sub-$3000 bikes out there; buy one, 3pp insure it and any
crash less than a total write-off-per-year is a win!!

 

I only insure my bikes that are worth more than $10,000, or get a "Cover
Note" when I am going on a really long trip on one (like 4-6,000 kilometres
in a few days).

Insurance on lower value bikes when you are still in nappies is hardly worth
the money. (Wish I was 22).

Boxer

 

When I was 22 I rode my Ducati Pantah (first new bike I ever owned) into a
tree; broke my back, collapsed a lung and lapsed into an extended coma,
life-support, hallucinations, multiple major operations and a 5 month stay
in hospital.....
[wipes misty eyes]
Good times.

 

So about this RC30 hallucination...


G-S

 

My insurer has pretty good rates, and normally I'd be only too happy to
recommend them to others.

Only problem is your record, to be honest. I'd like my premiums to stay
nice and low! You say you've learned your lesson, but I'd like to see
more than just one year of no accidents/claims, given your overall
experience as well.

I'd go with the other advice already given. Don't over-reach yourself
just yet by getting a bike you can't really afford to insure. You're
looking at $3000 per year for insurance at the moment, and that probably
wont drop significantly until you're over 25 and have had no further
claims. Do you really want to spend $10000 plus on insurance premiums in
the next 3-4 years for a bike that's only worth $7000 anyway???

Get yourself something decent around the $3000 mark - there are still
plenty to choose from, even if they're not your ideal bike. Keep it
shiny side up for 1 year and it's fully paid for itself on the basis of
the insurance savings alone. And if you do happen to bin it and write it
off completely, you still will have paid no more than you would have had
to pay in premiums anyway (on top of what you would have also paid for
the bike).

Your record really works against you on this one. Suck it up, wait your
time, and buy your dream bike when you can actually afford it. Provided
you really have learned your lesson, you'll still have many years of
riding ahead of you to make up for it.

 

Looks like plan "B" comes into effect. Cheap bike around $3-4000 with
3rd party and check back in with the insurance companies in another 3
years.
Something Torquey, likes to play on weekends and work weekdays around
the 1000cc mark....if anyone has any ideas because i don't know where
to start.
Thanks

 

TRX850? It's possible to pick those up for $4000 these days for the
earlier ones. Great sound, twin cylinder torque. Look nice too.

CBR1000F? Solid, reliable better tourer and 2 up than the Trixie but
not as much fun in the corners.

GPz900R? The later models with the 17" front wheel fall into your price
bracket and it's just about impossible to kill them as long as you
keep the servicing up to them.

FRZ1000? Faster than the 3 bikes above and not much less comfortable,
the big Fizzer was the first real litre class bike that could be said to
truly be sporty.


That lot should get you started


G-S

 

Now you're talking! Much better plan - and if the rest of your actions
remain consistent with that type of thinking, you should have no trouble
maintaining the sort of record that will make insurance companies look
much more favourably upon you in the future. Good luck!

 

not much around at $4K

you could get 3 or 4 in that budget

prob the best of the lot

or you could ask clem where to find a good tripple in your budget

 

The K75 is a bit light on for power compared to the K100.

A K100 would do the job if you found a tidy one though.

Personally I reckon the early 4 cylinder BMW's are more bleh than the
CBR1000F's though


G-S

 

TRX is good but you need an iron butt or a sheepie.

Others to consider ZZR1100, Bandit 1200, TDM850, ZXR750, maybe an
early ZX9 ?

JL

 

You are in luck, I have the perfect bike for you.
A nice GPz900r with full service history, new tyres and disk brakes, the
perfect little run around to go to the shops to pick up a carton of milk.

Boxer

 

the seat wasnt great but still good for 550k

plenty of ZXr's

early ZZR11 has gearbox probs

others would be good options

 

Teehee

 

Ok, great.
Thanks for your help, got a nice selection of bikes to have a look at
there. Really like the looks of the fzr1000 or the TRX850 out of that
lot at the moment.

 

*I* hated it, but that doesn't mean it's a bad bike. Overweight and
lacking in ground clearance sure didn't light my candle but that doesn't
mean no one else could like one.

Pretty much everything I listed AND J5 listed are bikes I wouldn't want
to own (again) -bar the trx - would def have one of those again. And
I've owned or ridden at least half or more. I'd take the ZXR750 if I
couldn't get a decent trx

JL
(and for the OP - add in the GSX750F cheap to buy and run, and quite
capable)

 

When did you own one ?

Woose anyway, I did several 1000Km days on mine. No brain no pain.

Myehh - only if thrashed - and stands out like the proverbial dogs
bollocks when you ride one, buy a good one and they're ok

JL
(I thrashed the crap out of mine and never had any probs with it - and
it was an early model)

 

bought one on ebay for a mate and rode it mel to syd

could prob do 1000k if you had to

the 916 seat had about an 850k range

suzuki across seat was equiv to about 100k before pain started which was
good
as you needed fuel then lol

nah you buy a D model which was fixed but yes no good if thrashed

so you still have it then with no probs

 

Yeah I can't say I'd recommend it as a course of action Have to (or
want to badly enough) is about right

It *was* pretty horrible - I only rode one for about 200K and yeah it
wasn't great - the KR1 is about the same - after 200 odd K you really
need to get off.

<grin> Clearly not ! As you well know Point; I guess, but I did a
lot of Ks before I got rid of it (due to an absence of licence) 90 or a
100K I trhink

JL