Insurance Advice:

[Shawn]

Folk can you give me some advice on getting a decent insurance

I called NZI today (me and my family previously had awesome experience with them, specially them being very prompt on our claims) for my 03, 636

This is what I got
Im under 25
Got full license
This is my first ever insurance
So after asking me couple of questions this what they came up with

$1731.31 / year for full insurance (Has $1000.00 excess)
This covers anything and everything. Will have to pay that off in 6 months and for next 6 months nothing to pay

And 157.00 / year for third party (No theft/fire..etc..) also has $1000.00 excess

There is nothing in between either 1731.31 or 157

I definitely want to have full insurance and it seems to me a bit too expensive

I will call kiwibike and some other places tomorrow...

Any good advice will be appreciated
Cheers
Shawn

[LED]

Try Protecta. pretty good deals, if you bought your bike at shop they generally get better discounts again..good luck

[bugjuice]

depends on how far off 25 you are.
I phoned a few and settled with State. Smudge over $1k all up, and I can take it on the track too (don't forget to ask about that!)

[750Y]

I phoned a few and settled with State. Smudge over $1k all up, and I can take it on the track too..

WTF!??
trackday cover too? the fuckers couldn't even pay for my bike when it got stolen... but they allow people to trash their bikes at puke now?

[bugjuice]

WTF!??
trackday cover too? the fuckers couldn't even pay for my bike when it got stolen... but they allow people to trash their bikes at puke now?

only no-timed events. As soon as a stopwatch starts, the insurance stops. It's treated as a closed road, so trash away.. just make sure no one nicks it at lunch time

[Lias]

National Auto Club are my current insurer for my bike , and I'm quite happy with them.

[FlyingDutchMan]

I've never heard of anyone getting an easy claim though state... I'm with AMI and they sorted my claim within 3 days (cheque banked). Have no complaints about them - they move almost too fast!

[pyrocam]

National Auto Club are my current insurer for my bike , and I'm quite happy with them.

ditto.
22, first bike, Learners license $300 full insurance

but search the forums. this question pops up every week.

[XP@]

Buy a small bike (cheep as possible) keep it insured for 1 year.
Then you have 1years no-claim bonus - then insure your real bike.

If you have had no claims on your car insurance then you could maybe convince them to transfer the bonus from that.

Use the same company as your house contents and try get a discount for multiple policies

[Shawn]

Thanks heaps for all the info and advice ppl.

[Shawn]

Buy a small bike (cheep as possible) keep it insured for 1 year.
Then you have 1years no-claim bonus - then insure your real bike.

If you have had no claims on your car insurance then you could maybe convince them to transfer the bonus from that.

Use the same company as your house contents and try get a discount for multiple policies

Thanks for that but getting another smaller bike isn't an option at the moment. Also all my car insuranc were under my dad's name and I was the second driver. But we never had to claim anything under my name. so that will not help

house content insurance sounds like a good idea, will give that a try
thanks again

[crazylittleshit]

I'm under 25 and Have just got a 05 636 and I found http://www.kiwibike.co.nz/products.html $1100 per year not to bad?

[Bren_chch]

wow some varied prices out there!!

age 30
South island
no claims

Cbr900rrn - 1992

National Auto Club 0800 501 508: $403.25 Full Cover
Protecta 09 377 6872: $825 Full Cover, $688 3rd party
State 0800 80 24 24: Will only insure if I move all my policys to them (house etc).
AMI 0800 100 200: $1021.70 Full Cover, $45.55 3rd Party (CRAZY)

So looks like i'll be going with National Auto Club, thanks for mentioning them!

Cheers

[Shawn]

Another quick question: how much should i tell them my bike worth? It's all stock. I said 15000.00 last time, just to be in safe side. Should i bring the price down? Would that help? Also that fact I keep it in a locked garage and putting an alarm on the bike, should I mention all those to them or they don't matter. (They mattered when we got car insurance). Thanks

[bugjuice]

definitely mention that it's locked up in a gargre, that does make a difference. When I was shopping around for mine, the idea of putting an alarm on the bike made no difference in the quote, so unless you're really paranoid, it's probably not worth the few hundy to stick one on.

As for the price of the bike, I often wonder why they ask. They have their opinion of how much the market value is should something happen to it. The fact you might have paid $50,000 for it isn't going to affect their judgement on the policy, as if you had paid $10. End of the day, they pay out on the bike (or repairs), which is governed by the market, not what you paid or think it's worth. Your bike will probably be worth a less than 15 on the market, but go ahead and tell 'em anyway, then it might pursuade them to up the bikes' value a bit..

actually, saying that, even then, it's often a bike shop that will tell the insurer how much your machine is worth. So tell them you paid $50,000 for your bike, and see what happens..