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View Full Version : Has your insurance increased?


Pogo2
23rd July 2009, 19:06
Just got my renewal notice today. I have no issue with the broker, in fact they are highly recommended on this website and I believe it has nothing to do with them. So I am not moanng about them per se.

However, despite no claims, my premium for a bike insured for $8,500 has gone from $319 last year to $426 this year.

Has this happened to you, and is it an industry trend? I would have though that the premium would have stayed much the same rather than going up some 30 odd percent.

Any thoughts?

Insurance is for full comprehensive
The Pastor
23rd July 2009, 19:07
mate, is that for 3rd party? becaause thats what i pay a year for 3rd party....
cowboyz
23rd July 2009, 19:08
talk with your feet. my renewal dropped a fraction but excess halved.
slimjim
23rd July 2009, 19:19
far-out mines $11500 and full cover its only $515.00 per year.agreed loss.. wow best ask around
Str8 Jacket
23rd July 2009, 19:22
Mine just went down at the beginning of the year for 3 or 5 years of no claims. I now have full, comprehensive insurance for both my motorbikes for under $29 a month.... :D
caseye
23rd July 2009, 19:42
full on the XV litre is less than that, whats happening then?
Even the wifesy new one is only 250 odd for full, nearly the same as the cc rating.
Voltaire
23rd July 2009, 19:48
Just got the renewal for the Ducati Darmah....$ 120.00 for 10K and $ 50 excess.
I'm probably limited to 3000kms a year....but hey thats a lot a 30 year old Italian bike.
Pogo2
23rd July 2009, 20:26
Having to pay over $400 a year for a scoot certainly takes the edge of things. The broker has offered to shop around for me so I'll guess I'll wait and see what develops

Cheers
Marmoot
23rd July 2009, 22:16
Just got my renewal notice today. I have no issue with the broker, in fact they are highly recommended on this website and I believe it has nothing to do with them.

I think I know who you mean. Mine is with them as well and the premium went up from $700ish to $1000. That's with no claim whatsoever and depreciating bike.

Not too happy!
ready4whatever
24th July 2009, 11:20
shouldnt go up
The Pastor
24th July 2009, 11:22
The broker has offered to shop around for me

Cheers

so brokers don't usually do this? that's kinda weird
slofox
24th July 2009, 13:45
Haven't had to renew recently - due next March...we'll see...