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Thread: Insurance no claims bonus discount

  1. #1
    Join Date
    5th April 2005 - 12:57
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    In between bikes
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    Insurance no claims bonus discount

    My car is with state and it's got 60% discount, but my bike with AMI has only got a 40% discount. Neither set of wheels have had a claim made against them and my insurance history is clean and excellent.

    Why does the bike have a lower discount than the car?
    90% of the time spent writing this post was spent thinking of something witty to say. It may have been wasted.

  2. #2
    Join Date
    7th November 2004 - 11:00
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    Aquired by locals
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    Simple. A bike "apparently" has a higher chance of crashing or being damaged than a car. Also with ACC costs ect.
    To every man upon this earth
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    Than facing fearful odds
    For the ashes of his fathers
    And the temples of his Gods

  3. #3
    Join Date
    6th June 2005 - 22:26
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    Ducati 996 '01, Yamaha '04 R6 Race
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    Its common practice too have a lower discount on the bike.
    AMI have a max of 40%. Not sure what the others have but probably very similar.
    Viva La Figa

  4. #4
    Join Date
    4th July 2005 - 15:58
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    Apriliaaah!
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    Auckland
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    Normally insurance companies offer no more than a 40-45% no claims bonus on bikes, but will offer up to 60% on cars.

  5. #5
    Join Date
    5th April 2005 - 12:57
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    Thanks all

    With that information at hand, when I paid my dues they told me the same story.
    90% of the time spent writing this post was spent thinking of something witty to say. It may have been wasted.

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