Bike insurance

[SlashWylde]

Hi folks,

just wondering if any of you have some suggestions for insurance companies I could approach for full coverage bike insurance for a brand new 800cc bike in the $12k to $14k range.

State currently insure my 250cc Virago but I want to shop around a bit when insuring the new bike.

Any helpful ideas will be much appreciated.

Thanks,

-SW

[SixPackBack]

Dude, i done did some ringin' round and found john baker ins. the cheapest. They also give a discount if you are a crusty [like me], and join ulysses.
Still fricken expensive but........best part of 1k for a new k4 thou per year,
best advice.......shop around you will find a large disparity in pricing.

[HDTboy]

Ask postie

[eliot-ness]

Depends on age, insurance claims record.
Bonneville 800, $14000 $750 per year. $250 excess. Swann Insurance. Cheapest I could find.

[Marknz]

Try Vero. There is a bloke in Chch who looks after their motorcycle accounts and his name and contact number will be in the forum search engine somewhere.

[raster]

How would I get a bike valued for insurance purposes, anyone find the vero contact, let us know.

[Slim]

Try Vero. There is a bloke in Chch who looks after their motorcycle accounts and his name and contact number will be in the forum search engine somewhere.

Dave Golightly of Golightly Insurance Brokers. Do a search for "insurance" and see what you find. There's a couple of pretty comprehensive threads on this very subject already.

[zadok]

Swann insurance popular with bikers here and specialises in bikes. Probably the same there.

[raster]

Thanks guys, I'll call swan and golightly tomorrow, Just need to find out what the bikes worth now.

[Dafe]

Just remember, It's not just about the cheapest insurance.
Be sure to look at what constitutes a theft! Some insurance policies will not cover a bike that is stolen outside of a secure locked up building.
Other Insurance policies charge a 25 percent excess ($3000 for me) others charge a low $250 (thats more like it).

You need to be very thorough with fine print.

Be aware also that insurance companies write exclusions which will forfeit %50-80 of claims immediately. Such exclusions are as stated above, another is "Reckless, Wilful or Deliberate action". i.e. There is no cover for any Loss or Liability which is the result of any reckless wilful or deliberate action by You, or by anyone acting within Your consent or knowledge.

These exclusions will be damaging if you're in an accident involving speed or any excessive riding.

Also, be aware that some insurance companies will insure you for non timed track days. This is good to have!

[SlashWylde]

Hey good stuff guys! Those are some interesting points Dafe.

Cheers

[Big Dave]

I have mine with National Auto Club. They were the best rate on the 2 bikes combined.
haven't made a claim yet. That's the real test eh.

[Dafe]

No Problem, I'm eagerly watching coz I'm getting shafted myself. I'm paying too much and the restrictions are too many. I'm currently with Protecta, but not for long.
Whitetrash mentioned some cheap as insurance company that insures non timed track rides. I'll try and find out from him, who that was.

[placidfemme]

I'd reccomend Swann Ins too... however they are taking FOREVER to process my claim

[Flyingpony]

Most of these insurance companies I've never heard of.
Kind of worried if I did pick an unknown outfit, they'd go bust or find some small print for not paying up.

I'm insured with AMI.

Who's the best place to get insured with?

Are there any insurance companies which insure your bike for a fixed replacement value instead of this odd idea of market value?