I'm currently in the market for another insurer for the Beemer - the premiums aren't so bad ($770) but the excess is horrendous - 25% of the sum insured! And as they wouldn't let me drop the sum insured from the price I paid for it to the current market value until the policy is due for renewal (November), the excess would be $4500! The policy was arranged through the BMWOR so I didn't bother to read it all (who does, especially if you've never had a claim?), but when I put it up for sale and rang them to check it would be covered if anyone took it for a test ride, that's when I found out. AA is looking to be a good bet so far - cheaper premiums and a $300 excess.
I suppose bikes will always attract a theft excess because they are technically portable - drive up with a van, lift the bike in and you're off laughing.
Yes, I am pedantic about spelling and grammar so get used to it!
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