Bike insurance info?

[Bute]

hi guys i have been quoted $970 for full cover on my 2005 r1 , does that sound like a fair price or am i just being a tight scottish bast--- , any comments or ideas where i can get a cheaper quote are vey welcome :)

[Hitcher]

I strongly recommend you do one of two things: Either use the site's excellent search function (surprisingly this topic has been covered many times before); or you could ring Dave Hewer at Kiwi Bike Insurance, 0800 629 253, or check out his website at www.kiwibike.co.nz. I can't recommend Dave highly enough.

[Cayman911]

Also definitely check out Vero, they have very good prices for full cover for motorcycles.

[triple-bee]

Sounds expensive we pay less than that for a B King and a Gixer 1000, BUT we are old we are also with KIwi biker

[rustic101]

I'm with Vero 'golightly' 2008 Suzuki gsf 650 bandit and its $550pa full cover

[SMOKEU]

Try NAC. They are often the cheapest. For me anyway.

[breakaway]

Might also pay to do some research on how well these companies do when it's time to pay out. That should definitey play a huge role in which one you pick.

[kiwifruit]

Tim, John Baker insurance brokers, ring him for a quote :yes:
0800 65 62 64

[p.dath]

Two things I always ask when getting insurance; credit rating and claim pay out ratio.

Who wants a cheap insurance company that doesn't pay out on many claims?

[KelvinAng]

Two things I always ask when getting insurance; credit rating and claim pay out ratio.

Hmm interesting, is it easy to find out the claim pay out ratio? I'm with Kiwibike (Protecta) and they've got an excellent credit rating but who knows, they could be a pain in the arse when it comes to paying out. From some posts here it seems they're pretty good with paying out though. I was previously with Golightly (Vero) and they were good, but a bit more expensive than my current insurer.

[p.dath]

Hmm interesting, is it easy to find out the claim pay out ratio? I'm with Kiwibike (Protecta) and they've got an excellent credit rating but who knows, they could be a pain in the arse when it comes to paying out. From some posts here it seems they're pretty good with paying out though. I was previously with Golightly (Vero) and they were good, but a bit more expensive than my current insurer.

Kiwibike have a good reputation, and I think if there was going to be issues you would have heard about it on here.

I've not seen an insurance company "advertise" their claim pay out ratio, so you have to ask. My thoughts; if the ratio is good they will happily disclose it, otherwise ...

I think I've only had one insurance company not disclose the ratio to me. It made me suspicious, and I took my business else where. Sometimes a deal is good for a reason.

[sinned]

I can't see the point of asking for a payout ratio. What is more important is what the insurance policy covers as that is what they must pay out on.

[YellowDog]

I strongly recommend you do one of two things: Either use the site's excellent search function (surprisingly this topic has been covered many times before); or you could ring Dave Hewer at Kiwi Bike Insurance, 0800 629 253, or check out his website at www.kiwibike.co.nz. I can't recommend Dave highly enough.

Just got a blinding deal from Kiwibike Insuarance.

NAC renewal says $740 - with $750 excess.
Kiwibike website says $715 with $500 excess.

Phone call to Kiwibike says $476 with $250 excess with $500 helmet cover thrown in :)

[Hiflyer]

FWIW Vero had ~97% claims satisfaction last year. Their premiums can be a bit higher than others but it can be a small price to pay.

Kiwibike would have something similar across all their companies they sell insurance for I'd expect.

I wouldn't go to anyone else except Golightly or Kiwibike.

[Rogue Rider]

I have used a few different companies, Classic cover insurance was the best priced, and they did pay out straight away when my mate crashed his bike. The only negative I found was that they don't do a monthly payment option, well didn't back then. I am presently insured with my buisness stuff with vero, which worked out cheaper again so didn't renew with classic this time.

[R1madness]

hi guys i have been quoted $970 for full cover on my 2005 r1 , does that sound like a fair price or am i just being a tight scottish bast--- , any comments or ideas where i can get a cheaper quote are vey welcome :)

Yo man whats the bike worth? $13000 = $729 pa. Includes all riding gear fully covered, accessories fully covered. $500 excess. Cover provided by Vero
Cheers

[bones135]

As has been said, Kiwibike insurance. Dave has been great with both my bikes & i highly reccomend him. He got me an awesome deal on my Fireblade.

[firefighter]

FWIW Vero had ~97% claims satisfaction last year. Their premiums can be a bit higher than others but it can be a small price to pay.

Kiwibike would have something similar across all their companies they sell insurance for I'd expect.

I wouldn't go to anyone else except Golightly or Kiwibike.

+1 and -1 for Vero.

+1 They are very good with the claims process.............
- 1 When they are open.

Their claims department are'nt open on the weekend, so you may be stuck until Monday if you do'nt have a balance on the credit card and you are out of town.

House insurance is still with them, but I changed the bike insurance so I know I can get assistance if I break down on a weekend ride. I'm not keen to sleep on the side of the road for two days, or three if it's a long weekend..... (Should I not have enough spare on the credit card if I break down/crash far from home) and that's not exactly an unlikely scenario.

Made two claims with vero.

A claim for the house, and it was handled superbly, I cannot commend them enough.

The claim on a car, well, broken into and the ignitioin barrel fucked, car could'nt be locked or started.
Rang up and asked what the hell we were supposed to do had we been away/out of town, when we have to wait until Monday to claim. The lady I spoke with did'nt have a clue. (She was very nice and professional but could'nt help at all)

I later found out we could have had it repaired and claimed for the repair on the Monday. I only found this out after a bit of email back and forth when I told then why I was cancelling vehicle insurance with them.....

[Hiflyer]

+1 and -1 for Vero.

+1 They are very good with the claims process.............
- 1 When they are open.

Their claims department are'nt open on the weekend, so you may be stuck until Monday if you do'nt have a balance on the credit card and you are out of town.

House insurance is still with them, but I changed the bike insurance so I know I can get assistance if I break down on a weekend ride. I'm not keen to sleep on the side of the road for two days, or three if it's a long weekend! (should I not have enough spare on the credit card if I break down/crash far from home/and that's not an unlikely scenario).

We've got a 24/7 hour roadside assist line but yea the claims handlers only work mon-fri in my department.

[YellowDog]

I called AMI who don't understand bike insurance, so I hung up.

I would have called Vero next, but life's too short. They don't make it easy.

I was going to call Mr Baker's lot but after Kiwibike found a policy, nuff sedd.

[Corse1]

Just got a blinding deal from Kiwibike Insuarance.

NAC renewal says $740 - with $750 excess.
Kiwibike website says $715 with $500 excess.

Phone call to Kiwibike says $476 with $250 excess with $500 helmet cover thrown in :)

Crikey!! Im with kiwi bike and that is about what i pay each bike. You must have done some great deal...mine are 12k each ...less than 5k/year each $500 excess. I am an old prick and have no accident police record......I'lll have to give Dave a call..plus in alarmed garage etc etc

[crazyhorse]

hi guys i have been quoted $970 for full cover on my 2005 r1 , does that sound like a fair price or am i just being a tight scottish bast--- , any comments or ideas where i can get a cheaper quote are vey welcome :)

Might depend on your age. But my insurance on my Gixxer thou only costs me $450 p/a. Try Classic Cover Insurance - they are great. But I think you need to be over 25

[Hotchefnz]

may get bagged out but did my insurance with state insurance and costs me $500.88 for full insurance on a 1000 cc aprilia $9000.00.
Never had a claim but policy looks okay.

[YellowDog]

Crikey!! Im with kiwi bike and that is about what i pay each bike. You must have done some great deal...mine are 12k each ...less than 5k/year each $500 excess. I am an old prick and have no accident police record......I'lll have to give Dave a call..plus in alarmed garage etc etc

I know Kiwibike have an extra 15% discount for a <5000km annual restriction. I've forgotten the name of the firm they placed the business with, but there are no restrictions and no pre-requisites. They didn't even want to know about my 130km ping last year OR my security.

It could be something to do with being over 45 :o

[Clivoris]

Kiwibike for sure.

[John_H]

hi guys i have been quoted $970 for full cover on my 2005 r1 , does that sound like a fair price or am i just being a tight scottish bast--- , any comments or ideas where i can get a cheaper quote are vey welcome :)

Seems very expensive but we need a lot more info such as your age, claim history, speeding tickets etc.