Motorcycle insurance poll

[Motu]

When I worked for a small rental car company our insurance premiums were huge...at that time $10,000 a year,it was crippling.So one year the boss kept up his insurance payments - into a seperate bank account,and prayed for no accidents...next year he did the same....and then had his own insurance company,using his own money.Be pro active,look out for yourself.

[T.W.R]

Saw a T shirt the other day it said:

Insured by Mafia - You hit me We hit you.

Bit like this plate Highlander

I'm with AMI, agreed value policy, under $270 per year & $250 excess across the board.
been with Swann & State but got shafted by both years ago

[James Deuce]

So can you get third party for bikes.

Been on the road a few years Jim - had one claim with bike verses car in 1972,decided I wasn't going to do that again...and haven't.I don't think I'm a hazzard to other road users on my bike...if they are at fault they pay.As far as I'm concerned if you can't pay for your fuck ups stay off the road...or buy a cheaper bike.

Yeah but I'm naturally unlucky I am. I'm the person that gets hit in the head by a sparrow and their helmet splits in two. I'm the guy that gets hit by a meteor on a clear cloudless day. I'm the person showered with debris as they pass a truck and trailer and ALL the tyres blow out on the right hand side and the resulting fish tail bitch slaps me into a different province.

[scumdog]

Whatever else make sure you have third party

A young guy down here is paying off a $8,000 debt after crashing into the side of a car because (a) too dumb to get 3rd party and (b) drove like the average restricted driver under 20 - approached a Give Way like he probably won't have to (true about 80% of the time down here) BUT this time he had to and couldn't.

[Rashika]

....Hope they are insured and lets face it most boy racers (that I know) even have 3rd party.....

yeah lets hope they are insured... ofcourse cos everyone is right?
Just proven here that a lot are not.
So lets hope we dont end up having one of them run into us...

I'd rather pay for insurance and know it will cover anything, than not and hope like hell that whoever may run into me has their own insurance.
Its only money after all... guess what i have health insurance too!

[Motu]

Yeah but I'm naturally unlucky I am. I'm the person that gets hit in the head by a sparrow and their helmet splits in two. I'm the guy that gets hit by a meteor on a clear cloudless day. I'm the person showered with debris as they pass a truck and trailer and ALL the tyres blow out on the right hand side and the resulting fish tail bitch slaps me into a different province.

The victim mentality

They also become the victims of insurance companies.

And for the third time - can you get third party for motorcycles?

I remember years ago I couldn't get 3rd party fire and theft for any of my cars because they were worth less than $1000 - like,who would have a car worth more than that.I had to bullshit about reconditioned engines and restoration paint jobs and classic value.Ahem....a 1967 Landcrab worth $1200? Landfill more like.But of course being in the job I am it was in better condition the some cars of 3 times the value - but value on paper was what they wanted.

[James Deuce]

The victim mentality

I'm no victim. I smile in the face of getting smacked around. Could be the head injuries though.

Yes you can get thrid party for bikes.

[Rashika]

When I worked for a small rental car company our insurance premiums were huge...at that time $10,000 a year,it was crippling.So one year the boss kept up his insurance payments - into a seperate bank account,and prayed for no accidents...next year he did the same....and then had his own insurance company,using his own money.Be pro active,look out for yourself.

I could totally understand why a company paying large premiums would do this... makes perfect sense. BUT most of us on here are not, so insurance companies do it for us.
And these days we have so much choice it is great as far as I am concerned! Not so long ago there was almost NO cover for bikes, Swann was about it and they were NOT cheap. Now you can actually get about a dozen quotes, thats bloody good for us, competition is great.

[Hitcher]

Yeah but I'm naturally unlucky I am. I'm the person that gets hit in the head by a sparrow and their helmet splits in two. I'm the guy that gets hit by a meteor on a clear cloudless day. I'm the person showered with debris as they pass a truck and trailer and ALL the tyres blow out on the right hand side and the resulting fish tail bitch slaps me into a different province.

You'd be advised to give RAV4s a bit more distance then when following one...

[T.W.R]

And for the third time - can you get third party for motorcycles?

YES basic third party or third party fire & theft. plenty of options you just have to ask

[NSR-Dan]

Classic Cover are underwritten by Vero and about 10-15% cheaper than Vero.

i like it when people say something is underwritten by that company and then think its cheaper.

classic are brokers, so if you are insured with them you are intitialy insured with vero. who every gave you the extra 10-15% on a quote was probably another broker trying to make an extra buck. the standard premium should be the same across the board if the policy is the same.

Would like to mention that AA insurance is about 60% owned by Vero. Vero also owns AMP and SIS insurance is part of the AA brand.

IAG is an another large insurance company that owns AMI, STATE, and NZI. kinda funy cause NZI (New Zealand Insurance) is owned by an australian company.

If you have a bike older than 20years and drive less than 5000kms a year. call AA cause it can be insured under a classic car policy, and premiums are under $200 a year and some cases even $90, excess is $300.

[ajturbo]

yeah lets hope they are insured... ofcourse cos everyone is right?
Just proven here that a lot are not.
So lets hope we dont end up having one of them run into us...

I'd rather pay for insurance and know it will cover anything, than not and hope like hell that whoever may run into me has their own insurance.
Its only money after all... guess what i have health insurance too!

if/when i have a baby like yours... i too will have it FULLY insured!

but at the moment i have the turbo, worth?..probly a couple of $K tops.. i cannot get ANY parts for it (plastic bits, etc) so why insure something that cannot be replaced?..

theft?.. bugger!
fire?... woops .. didn't see me do that!.. lol
3rd party crash..... need ya house painted?...

[James Deuce]

i like it when people say something is underwritten by that company and then think its cheaper.

classic are brokers, so if you are insured with them you are intitialy insured with vero. who every gave you the extra 10-15% on a quote was probably another broker trying to make an extra buck. the standard premium should be the same across the board if the policy is the same.

Would like to mention that AA insurance is about 60% owned by Vero. Vero also owns AMP and SIS insurance is part of the AA brand.

IAG is an another large insurance company that owns AMI, STATE, and NZI. kinda funy cause NZI (New Zealand Insurance) is owned by an australian company.

If you have a bike older than 20years and drive less than 5000kms a year. call AA cause it can be insured under a classic car policy, and premiums are under $200 a year and some cases even $90, excess is $300.

Nope. Went direct to 12 companies. Inspection of policies revealed weird stuff like the percentage value excess, no theft cover out in the real world, no theft cover without secondary and tertiary locking devices, etc, etc. Started the old bargaining round about so and so being cheaper and people started declining to cover. I've had one single vehicle accident in 14 years.

Went to our normal broker who usually comes in cheaper with the big company insurance and things started to get into the $3k per year bracket for the R6. Rang CLassic at Oscar's suggestion. They were AMI underwritten at the time, and the R6 was suddenly $700pa, with none of the crap about it only being covered for theft in my own garage. They've moved to Vero, and the Z is just on $500pa.

I wouldn't spend money with the AA if they were the last insurance company in NZ (pack of anti-motorcycling, anti-car, Government toadies), and CLassic Cover specialise in insuring classic vehicles. Bet you they can do it cheaper than the AA.

[Quasievil]

I wouldn't spend money with the AA if they were the last insurance company in NZ (pack of anti-motorcycling, anti-car, Government toadies),

Bang on the mark there Jim, AA is a lap dog for the government, when did you last hear a representative voice for the NZ motorist coming out of the AA, concerning a major issue, ie one that we care about?????

[MikeyG]

I'm insured through AMI for third party only. It's a GN so the premiums for full cover are about half the value of the bike. Third party for me is about $60 per year.