Motorcycle Insurance (Part One)

[Oscar]

If people here are in the finance / insurance business why not set up a group for Kiwibiker.co.nz and give group discounts?

As I mentioned above, ClassicCover (Joblin Insurances) came out best in our survey - they specialise in riders over 35. Despite the fact that I can get wholesale rates through werk, I insure my bikes with them now.

[matthewt]

Does anyone here have any experience with losing licence for 3 months due to excessive demerits?

What effect does it have on rating/excess/premiums?

When I first insured my MV F4 I had lost my license for 3 months with excessive demerits (10+ years prior to the MV) and had 2 recent 28 day suspensions for speeding (ie, 50kph over the limit, 166 in a 100 and 125 in a 70). I was 29 at the time and had no accidents against me. I got insurance OK and the cost seemed fairly reasonable ($1,250/year for a $35k bike).

[Suzi Q]

IAG (State).

The main Insurance Co's like IAG, AMI are not good places for motorbike insurance - best to go through a broker or someone who specialises in bike insurance - cheaper and better set up for claims.

[tlronny]

Try Dave Golightly at VERO insurance - excellent !

[Lou Girardin]

I was using Swann till I got my last premium. I thought that after binning it I'd get just a 10 to 20% increase, especially after their stuffing around kept the bike off the road for an extra 3 weeks. But no, they slugged me with a full 60% increase. So it's off to Protecta.

[Stinger]

im considering changing mine too, im thinking i pay more then most? but being 18 sucks and has something to do with that im sure. Advise Oscar? where in Auckland is there a good broker? or is every insurence broker a good one?

When I was 18 I got 3rd party for my bike through State... and it cost $12 per year. But, now they've changed the rules.

[rodgerd]

SO REMEMBER:

- Be honest!

Can't emphasise this enough. I've actually been given more than I'm legally entitled to by my insurance company in the past (eg waiving depreciation on a digital camera that got nicked) because I was *scrupulously* honest when I claimed.

[Stinger]

Can't emphasise this enough. I've actually been given more than I'm legally entitled to by my insurance company in the past (eg waiving depreciation on a digital camera that got nicked) because I was *scrupulously* honest when I claimed.

Bet that doesn't happen very often !

[zooter]

A mate had a no fault crash maybe three of four years ago, the bastards wouldn't pay as he had no reg , no wof , (testing station appointment booked). Can he go back and have them on about "proximate cause"?

[Stinger]

A mate had a no fault crash maybe three of four years ago, the bastards wouldn't pay as he had no reg , no wof , (testing station appointment booked). Can he go back and have them on about "proximate cause"?

In my experience lots of companies will say no if they may be able to get away with it, this way they might not have to pay out and if you pursue it further then they can always change their answer to yes,

= big chance they don't have to pay out, no extra costs if they change their mind

I read in an AA magazine a few years ago that the insurance ombudsman would support you if the details had nothing to do with the accident. So, I guess provided it hasn't been too long they should have a go.

[Oscar]

A mate had a no fault crash maybe three of four years ago, the bastards wouldn't pay as he had no reg , no wof , (testing station appointment booked). Can he go back and have them on about "proximate cause"?

Yes, he can.
They can only decline the claim if some aspect of the bike was sub-standard and was directly related to (and caused the accident) - like for example, his brakes were below standard.

[Her_C4]

As I mentioned above, ClassicCover (Joblin Insurances) came out best in our survey - they specialise in riders over 35. Despite the fact that I can get wholesale rates through werk, I insure my bikes with them now.

WOW!!!! Talk about timely advice!!!!

I was reminded yesterday that I have been burying my head in the sand and delaying the inevitable in terms of signing up to the quote that my insurance company gave me for cover.

I am insured with AMI and have been for .... well, for a hell of a lot of years actually - with no vehicle claims to date.

To cut a long and possibly boring story short, I read this thread last night and rang ClassicCover today - as I am over 30 ( ), and have had a licence for over 2 years - 'he' is now fully insured, and I have 30 days to receive, review and sign the documentation and send a cheque.

I have saved myself over $1,300 on a yearly premium and $1,100 in excess.....

Thank - you

[Blakamin]

WOW!!!! Talk about timely advice!!!!

I was reminded yesterday that I have been burying my head in the sand and delaying the inevitable in terms of signing up to the quote that my insurance company gave me for cover.

I am insured with AMI and have been for ....

Did you get the feeling AMI dont like Ducatis??

[Her_C4]

Did you get the feeling AMI dont like Ducatis??

Hmmmmm

Quote - "...well, because it is a Ducati I can't just provide you with a quote, so if you don't mind waiting for a minute or two I will just pop over to my supervisor and get permission........"

Says it all really, don't it?

[Blakamin]

Hmmmmm

Quote - "...well, because it is a Ducati I can't just provide you with a quote, so if you don't mind waiting for a minute or two I will just pop over to my supervisor and get permission........"

Says it all really, don't it?

exactly the same spiel I got and the supervisor said no coz I didnt have a cage... then the phone chick said "we charge too much so you're better off going somewhere else anyway"