Motorcycle insurance poll

**Rashika** · 21st June 2006, 10:34

Originally Posted by ajturbo

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

yeah i can understand that, each to their own i say

**T.W.R** · 21st June 2006, 11:40

Originally Posted by ajturbo

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?..

The XJ turbo is a collectors item

worth way more than $2g.
Parts can't be that hard to find, the rolling chassis/body is exactly the same as the XJ750D(84') & there were plenty of them imported into the country, I know where I could get hold of 3 cheap now

**Motu** · 21st June 2006, 12:22

Originally Posted by ajturbo

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?...

Same here - I'm not the sort of guy who goes out and plonks more money than I have down on the latest wizz bang bike....all my bikes are...kinda ''special''.No way will an insurance company go near them,they have no value anyway,no parts available...like who cares?

**Racey Rider** · 21st June 2006, 14:18

The thing about Insurance is, they are always looking for a way of Not Paying out on a claim.
You Think your getting 'this cover', but in reality your not covered at all because of 'this clause' . So you've just been paying them all that premium for nothin!
It could be you were traveling at just a little more than the speed limit.
Maybe your WoF was three day over due. Or you may have a current WoF, but your tire tread was now looking low. All legitimate reasons for them to refuse your claim.

If we were perfect people we would ALWAYS have a current WoF. ALWAYS have money to buy new tires. AWAYS Stop Fully at Stop signs.

But Insurance is set up so that unless Joe Average is willing to Lie about their unfortunate situation, and say their were Fully compliant with ALL applicable laws at the time of the accident, then the company has a 50% chance of not having to pay.
Lying is not a problem to most people it seems,, especially to a insurance company. But some of us try to get by without having to twist the truth, so weather we get any benefit from paying out insurance premiums is a bigger gamble than going without it, and riding accordingly.

**quackquack** · 21st June 2006, 14:25

I got my insurance as stated before thru the website www.starinsurance.co.nz they had third party only cover, third party fire theft and Full Insurance but I asked re the speeding issue and they told me I'm covered if speeding hard to believe I know but call and ask for yourself

**Rashika** · 21st June 2006, 15:31

Originally Posted by Racey Rider

If we were perfect people we would ALWAYS have a current WoF. ALWAYS have money to buy new tires. AWAYS Stop Fully at Stop signs.

but I am and do.

**Motig** · 21st June 2006, 15:35

When its summertime I'll insure, at the very least third party about $30 from AMI. Quote of $578 for full for $8000 value.

**madboy** · 21st June 2006, 17:51

Originally Posted by NSR-Dan

I work for AA, your excess should be $300
anyone want a quote on bike insurance call me at AA inurance. on 0800 500 215
only thing is we wont insure anyone that has had bike there full bike license for less then 4 years.

My excess would be $300 if I didn't have a lovely long driving history. Just like it would be $300 on the two cars we have insured with AA as well. But it's not, it's $1,500. Chances of me having a single vehicle at fault claim in a 2.0 CVT primera stationwagon? 0.2%. Chances of me having a single vehicle at fault claim on a 636? 70% I'd say. Either way, my bike premium is somewhere around $900/yr. I'm pretty confident that sometime in the next ten years I will write off a bike, or at least have a pretty decent go at it. And Quasi, I will relish AA having to fork out money on a BIKE.

And the 4 year thing? Ain't true. Sure that was the bollocks they quoted me on the phone. I said I'd be riding for 18 months, was currently riding a 636 (as I had for the last 6 months), was thinking of upgrading to a 1000, had NEVER ridden a 250 cos I learnt on a 400 (uninsured) and had a full bike license for only 15 months or so... They still insured me.

And I made full disclosure - I faxed them a copy of my LTNZ driving history.

Ironically I work for a subsidary of the parent company that owns Vero/AA, etc. Fortunately we have nothing to do with general insurance, therefore no conflict of interest.

**Tricia1000** · 21st June 2006, 22:55

hi guys and gals,
Again thanks for all your help so far. Will prob do another poll soon, and try to get the other insurance companies on it, like IAG and vero, AA etc.
Someone phoned me last night twice from an 06 number. Don't know if it was for training or to do with the insurance poll. Could you please ring again, and leave a message.
Thanks,
tricia

**warewolf** · 23rd June 2006, 02:20

Agree that third party is a must...$24 a year? Why the hell wouldn't you have it??? It's a no-brainer risk/reward ratio.

Was insured by AMI for many years. Had to have another policy before they'd insure a bike... contents here we come... and that came in handy when I stacked the bike and had to replace riding suit, boots, gloves, helmet; bike and myself were OK. They were way cheaper than any other "good deal" that anyone ever told me about...and I always rang around at every renewal, or to check out any "good deal" to see if they were worth checking at renewal. None ever came close (for my situation - YMMV). Never made a bike claim but others were handled well (house got burgled the same day I stacked the bike - and they nicked the engagement ring which was to be presented that weekend, which spoiled things a bit).

My 'pillion in a million' worked for a rather large multi-national insurance co for a few years. Her advice when shopping for insurance: how readily do they pay out? Premium cost is secondary to getting your payout. Which is what some people here have described.

I will never, ever give Swann another cent. Got ripped off by them big time. Their assessor admitted he gets a percentage of anything he cuts out of the quote. Since I put in a genuine repair quote, every dollar of his cut came straight out of the repairs that should have been made to my bike. This assessor specialises in "the cover up" rather than "the repair" and personally pockets a percentage of the difference. Don't get me started...

I appreciate what those with cheaper bikes have been saying about self-insurance. I self-insured my road/trail/enduro bike as the annual premium plus excess were around half what the bike was worth. Fixes for that bike were cheap; I was prepared to risk a write-off event. However, adding another bike to the stable, and an expensive new one at that, meant that fleet insurance through John Baker was now more cost effective than AMI, plus it covered the road/trail bike at a reasonable increment.

**Tricia1000** · 25th June 2006, 19:33

Of the 55 people who have voted "other" on this poll, I would like to run another poll for those people. Could you please PM me the names of other insurance companies that should be included. On my list to go on the next poll are IAG, Vero, and AA insurance. What others should be included?

Tricia

**Hitcher** · 25th June 2006, 19:46

Why don't you save yourself the trouble and give Dave at Kiwibike a call tomorrow morning, first thing. You'll find all the relevant numbers on his web site www.kiwibike.co.nz

**Huntaway** · 25th June 2006, 20:46

My cover is with Classic. I'm sure my policy says they are underwritten by State but its a while since I've looked at it and things may have changed.
They were significantly cheaper than AMI, despite my car and contents being with AMI.
Interesting to see positive feedback here about AMI. Have to say I had no problems at all with AMI paying out when I wrote off my Honda several years ago on the back of a cow...
Of course Classic is only available to us older farts and I notice one quirk in the policy is that cover is at risk if the bike is left unattended in an unlocked condition. A standard steering lock is acceptable so I dont find that too much of an imposition. Haven't had any claims so cant comment about that.

**apteryx_haasti** · 25th June 2006, 21:05

When I got my bike, I called AMI (existing car, house, contents company) and they WOULD NOT insure my bike because I didn't have a garage, only a car port. Rang round all the other main companies (Tower, State etc...) and they wouldn't insure me because I didn't have any other policies with them. Not wanting to change all my other insurance over, I rang my bank - and they suggested National Auto Club. Gave them a call - cheap quote (like $270 or something like it) for full cover, highish excess ($600 on $3300 bike) but can park in my car port. I keep it locked to a post in my car port.

So - what's the deal with the garage requirement? I know bikes are "portable" but if you can either keep it out of sight (e.g. behind your house) or locked to a structure, what's the diff? Not impressed with AMI being so unhelpful considering all the other business (and lack of any previous claim) I put their way. Needless to say I'll be ringing around for new quotes for all my insurance when renewal time rolls around...

**Jantar** · 25th June 2006, 21:10

Originally Posted by apteryx_haasti

When I got my bike, I called AMI (existing car, house, contents company) and they WOULD NOT insure my bike because I didn't have a garage, only a car port. Rang round all the other main companies (Tower, State etc...) and they wouldn't insure me because I didn't have any other policies with them. Not wanting to change all my other insurance over, I rang my bank - and they suggested National Auto Club. Gave them a call - cheap quote (like $270 or something like it) for full cover, highish excess ($600 on $3300 bike) but can park in my car port. I keep it locked to a post in my car port.

So - what's the deal with the garage requirement? I know bikes are "portable" but if you can either keep it out of sight (e.g. behind your house) or locked to a structure, what's the diff? Not impressed with AMI being so unhelpful considering all the other business (and lack of any previous claim) I put their way. Needless to say I'll be ringing around for new quotes for all my insurance when renewal time rolls around...

I'm with AMI, and after the comments about them not covering bikes for theft unless in a locked garage i got out my policy and had a very thorough read. No-where does it state that the bike must be kept in a locked garage. Just as well, because we only have a farm implement shed which is unable to be locked. I might add that when I took out the policy they didn't mention this requirent verbally either.