Insurance. Is there such a thing as a good deal?

[Timati]

They seem fairly expensive..considering DingoZ is paying $40 for comprehensive cover and hence my query...which company?

[Timati]

Clearly someone must have suggestions about insurance companies....

[Owl]

Clearly someone must have suggestions about insurance companies....

It depends on what you're after. I recently changed from Kiwibike to save nearly $300 per year. My policy is now underwritten by NAC which isn't quite as good as Star, but I'm saving heaps. You could try e-mailing Tracy at tracy@barstow.co.nz! She's very helpful and fast to respond, but she will need your details i.e. bike, licence, insurance and driving history. She will also go to bat for you if the worst happens. I hope that helps!

[Timati]

It depends on what you're after. I recently changed from Kiwibike to save nearly $300 per year. My policy is now underwritten by NAC which isn't quite as good as Star, but I'm saving heaps. You could try e-mailing Tracy at tracy@barstow.co.nz! She's very helpful and fast to respond, but she will need your details i.e. bike, licence, insurance and driving history. She will also go to bat for you if the worst happens. I hope that helps!

I want to get the best deal possible. At the moment I pay around $37 for third-party and was wondering if I can get comprehensive coverage for the same amount. Also if there was such a thing as a mechanical warranty.

[Squiggles]

Last time i got a quote from kiwibike it came back at about 4-5x the excess i currently have, and on par per year... I'll have to find out what i can get from star (but dunno if i want my bike auctioned on trademe if they write it off!)
Currently with AMI, TL costs around 600pa but excess is only $300, not bad for a under 21. GN's are $3/month 3rd party

[Timati]

Last time i got a quote from kiwibike it came back at about 4-5x the excess i currently have, and on par per year... I'll have to find out what i can get from star (but dunno if i want my bike auctioned on trademe if they write it off!)
Currently with AMI, TL costs around 600pa but excess is only $300, not bad for a under 21. GN's are $3/month 3rd party

Doesn't sound all that bad. Might check them out.

[motorbyclist]

currently got a reasonable deal with protecta, also covers me riding other bikes and fully licenced riders on mine

though last time the bill came they nearly doubled the premium and lowered the value of my bike! i called up and calmly explained i'd go somewhere else and take my no-claim record, 3 other insured family members and better-condition-than-it-was-12-months-ago bike with me if they felt the need to charge me so. they promptly returned me to the original premium and excess. increased the agreed value of my bike by $500 while i was at it too

just remember that they will always offer you a cheap deal to get you on the books, and the next year try to hike it up a bit

I've had no vehicle insurance for 8 years now so have a few grand in saved premiums on that side of the ledger. (well I would if I'd saved it)

and what if you cause an accident and can't afford to pay for the damage? then you've royally screwed some poor cunt because you decided you were better off not taking basic precautions, or if he has full cover his insurance screws you over instead. you may save money, but only until you actually need it.

ever since my first bike got written off by an unlicenced driver (while my brother was riding it too) i'm never riding with only third party again. VERY expensive mistake, for only $300 more i could've saved myself $3000 and several months of effort trying to get money out of the bitch of a driver, and then there was the effort of a 14 year old earning that $3000 in the first place! (ok to be fair dad paid half of it). rudest part was after 3 successful rulings in small claims she was never obligated to pay, yet the cops got $1500 worth of fines out of her and could afford the lawyers to follow it up.


so is it worth having? hell yes.
should you have it? your choice, but you'd better have third party lest you screw over someone else

[Timati]

Switching over to comprehensive as we speak...

[Timati]

Please add to the list of Insurance Companies that provide Motorbike insurance

StarInsurance
Kiwibike
AMI
Protecta

[vifferman]

Please add to the list of Insurance Companies that provide Motorbike insurance

StarInsurance
Kiwibike
AMI
Protecta

They're already on the wiki.

[vifferman]

Currently with AMI, TL costs around 600pa but excess is only $300, not bad for a under 21.

Dunno how you managed that - my premium recently came in (due next week) for $740, with a $1000 excess.
I contacted Tim at John Baker, and Donna at kiwibike, and now have a MUCH better policy through Star.
Kiwibike rocks!

[Timati]

What's your definition of a

MUCH better policy

policy?

[Owl]

What's your definition of a policy?

Insurance policy wording! It's the information you need to be able to compare insurance companies and tells you what you are and are not covered for!

[Matt_TG]

The 'policy' is the Contract you took out with the insurance co, based strictly on the 'Policy Wording'. Read it and understand it. Ask if you don't know what any part of it means. Don't say it's all 'fine print' and no one evers reads it. Most are written in plain English these days and there's nothing stopping you asking for clarification!

When you buy insurance you declare you have read and understood all conditions, but still people bleat about not being covered for certain things (gear, helmets, replacement cost etc etc) at claim time. You and your insurance company agree based on that wording what you will do if you claim, so it's important.

I'd be happy to answer questions about Insurance Policy interpretation or point you in the right direction.

[Ripperjon]

So long as they pay up when the shit hits the fan, any insurance is a good deal.

I went with Vero through Golightly. It was the cheapest by far (for me) if you factor in the excesses.

Google what it would cost you to insure your bike in the UK and you'll see that 90% of the policies available here look like a good deal.