Insurance...

**Sniper** · 17th November 2004, 07:05

Originally Posted by Bonez

One reason I have at least third party cover. $30 ish per bike a year isn't a hardship IMHO.

Ummm, I never thought of Third party

ops:

**bear** · 17th November 2004, 09:45

So, for the fellas that don't insure your bikes, or only have 3rd party, do you have alarms on your bikes and what precautions do you take if leaving your bike in public (outside a motel or the like)?

A minimum of 3rd party is surely a good idea. Although you can be viligant, lady luck sometimes deals a rough hand and it would be a bugger to have to repair someone else's car, while trying to scrimp for a new bike as well.

**Batcerb** · 17th November 2004, 10:12

All you guys with 600s and are insured, what sort of price ranges are you forking out for your cover?

**bear** · 17th November 2004, 10:14

97 Bandit 600 - full cover for $444 pa (Swan)

**Blakamin** · 17th November 2004, 10:17

97 Ducati 600ss $550, some joint down south

**FlyingDutchMan** · 17th November 2004, 13:16

Originally Posted by Sniper_CBR

I know someone else they told that to. Wouldnt insure him because he didnt have house and contents either.

Thats weird - They insured me no probs, under 25, no previous insurance, didn't have house/contents/cage either. But then again, they insured my bike as a CDR250 (obivously they don't take any notice of the letters, just the CCs), until I noticed it and corrected them. Can't wait for my no-claims (and hopefully over 25) bonuses coming up!

**rodgerd** · 17th November 2004, 13:34

Originally Posted by Sniper_CBR

Pays not to go around rear ending this unless you want to fork out money for repairs doesnt it?

It's not necessarily that simple: it can be a bitch getting into a contest over fault. It's a lot better to have an insurance company in your corner, especially if serious $$$ are on the line. If an expensive car needs fixing, the other bloke's company may try it on regardles of who was at fault.

**Motu** · 17th November 2004, 13:48

I have 3rd party fire and theft on my cars,business cars are on full.Trouble is even for 3rd party they won't insure under a certain value,used to be $1000 - I always have some bullshitting to do to get my vehicles over that even for 3rd party...fuck em I say.

They say the best safety feature to fit to a car would be an 8inch spike in the centre of the steering wheel,a very good point (pun came ununounced) I would extend that to bikes - the best safety gear you can buy is not armoured leathers - but to ride in nickers and jandals...those who fall on pea gravel they never saw would then spot it 100 metres away.Same with insurance - drive a $60,000 car,pull out and get hit at an intersection,just swap insurance company names,go to the panelbeater and pick up a courtesy car,pay a few hundred in excess and life just goes on as normal.There is no point in being a good driver,all your mistakes are taken care of with no inconveinience and cost nothing in relation to the cost of the vehicle.If you had to pay for all accident repairs out of your own pocket,I'm sure driver awareness would expand in leaps and bounds.It works for me...

**justsomeguy** · 17th November 2004, 14:21

Yes it is always better to have insurance. Because accidents are just that accidents. And at least the premiums you pay give you peace of mind.

I'm sure a lot of you are the best riders in the world - but unless you make sure that everyone around you is a Michael Schumacher clone - then you are going to get hit.

And car repairs are VERY expensive. Especially if the other person has an insurance company. Cos they will repair the car with brand new parts and will charge you things like freight, etc. If you hit someone from behind - it can easily cost about $2000 to fix. Even if it is a $3000 car.

And remember it does not have to be your fault - it just depends on your luck. Trust me I know

Jut pay the insurance and get on with it.

**Cibby** · 7th October 2005, 12:17

as you may or may not know,, I am an insurance broker.

I can get incredibly good insurance for you if you are over the age of thirty, and save you a few hundred or so if you are aged between 25-30..

PM if anyone has any problems ok??!??!?!!

**Ixion** · 7th October 2005, 12:30

Originally Posted by Motu

Only bikes I've insurered were 2 I bought new back in the early 70s,they were on tick and had to be insurered.Once I figured out being on drip feed was a dumb idea,I also figured being insured was a dumb idea.If I wreck my bike myself...I fix it myself,if someone else wrecks my bike....they fix it.I've only paid more than 2 grand for a bike twice in my life - I live within my means and don't do dumb things I can't pay for.

Same here. Treasury put a $3K cap on toys . I reckon I've saved a goodly sum over the years by self insuring. Never had to make a claim on myself.

**Silage** · 7th October 2005, 12:50

Originally Posted by Bonez

One reason I have at least third party cover. $30 ish per bike a year isn't a hardship IMHO.

What he said.

Also I have heard it said that if an uninsured vehicle gets run into and the other (insured) driver is at fault, it can be difficult to get the uninsured fixed as you don't have an insurance company to bat for you. $30 has more effect than just covering me for taking out a Kenworth road train or the like

As for securing my bikes, I try to remember to double lock on the street and I have an impregnable gargre - well reasonably so - ie shipping container. I have put a cheap "alarm" on the GB - mercury switch wired to a loud buzzer and arranged to be off when on the side stand but active if put upright. Must do that for the GS also.

**Speedracer** · 7th October 2005, 15:16

When I got my first bike, I figured that I'd drive carefully enough not to crash it, and it was going to do a lot more damage to me than the other car if I screwed up so what was the point of insurace.

After doing 10,000kms, the engine broke down and I left my $450 motorbike on the road while I had the engine in the back yard for repairs. After a week on the road, someone stole the bike with no engine in it.

When I get a replacement, I'll be seriously considering theft insurance!

**Ramius** · 7th October 2005, 15:41

Originally Posted by Speedracer

When I got my first bike, I figured that I'd drive carefully enough not to crash it, and it was going to do a lot more damage to me than the other car if I screwed up so what was the point of insurace.

After doing 10,000kms, the engine broke down and I left my $450 motorbike on the road while I had the engine in the back yard for repairs. After a week on the road, someone stole the bike with no engine in it.

When I get a replacement, I'll be seriously considering theft insurance!

You have to be kidding? Some bastard stole the frame only? Was he blind?