'That' kind of bike...

**Deviant Esq** · 26th January 2007, 21:20

It might seem strange, but the best kept secret to cheap bike insurance is the bank. They buy the insurance wholesale off the same underwriters as the big insurance companies, so they can actually give you better protection, for less. I'd challenge everyone here to give BNZ a call (0800 275 269) just to get a quote for your bike. You could be very surprised and saving muchos cash.

And yes, I'm with them. I got my bike insured with them, on my learners, never had a bike before or had it insured, and I paid $160 (no, that's not a typo, $160) for full insurance for the whole year. $500 excess, bike valued at $2000. Granted it's a 250 and an old low value bike, but I was on my learners and under 25.

Give it a go. Nothing ventured nothing gained.
Oh, and you don't have to have your bank accounts with the BNZ.

**Clivoris** · 26th January 2007, 21:54

Dooley. You probably have the hawkes bay premium. They always assume that someone from the Hawkes bay has been damaged by pesticides, either in the womb or very shortly after childbirth. Explain that you grew up somewhere else and they will reduce the premium instantly.

**sinned** · 26th January 2007, 22:10

Originally Posted by Freakshow

I did a shop arround and and out of Star, Kiwi bike, auto club, AMI and ?? Kiwi bike was cheapest by $400 and they covred track days!!

I got mine through Kiwibike and cost $719. It is Swann insurance but not sure on track days and rallys. The not covered section includes this clause: "taking part in, or practicing for any race, time trial, rally, sprint, drag race, or any similar motor sports, or use on any motorcycle race track unless you are participating in an approved rider course with our consent." I would like to go on the next track day and do the rusty nuts (a rally??), so will need to clarify the cover or change insurer?

Is there an insurer who provides cover for a rally.

**cynna** · 27th January 2007, 02:18

i asked for a quote from ami (i have house, contents and car insurance with them) for my softail and they were going to charge about $900 more then the company i currently had my bike insured with.

........ also they wouldnt insure my fairlane when i was 18 even when my parents said they would take there insurance elsewhere if they wouldnt insure me

**Dooly** · 27th January 2007, 06:34

Originally Posted by Clivoris

Dooley. You probably have the hawkes bay premium. They always assume that someone from the Hawkes bay has been damaged by pesticides, either in the womb or very shortly after childbirth. Explain that you grew up somewhere else and they will reduce the premium instantly.

You may be right!
That explains the high forehead and noises in my head!

Thanks for the advice guys.

**James Deuce** · 27th January 2007, 06:41

Originally Posted by Deviant Esq

It might seem strange, but the best kept secret to cheap bike insurance is the bank. They buy the insurance wholesale off the same underwriters as the big insurance companies, so they can actually give you better protection, for less. I'd challenge everyone here to give BNZ a call (0800 275 269) just to get a quote for your bike. You could be very surprised and saving muchos cash.

And yes, I'm with them. I got my bike insured with them, on my learners, never had a bike before or had it insured, and I paid $160 (no, that's not a typo, $160) for full insurance for the whole year. $500 excess, bike valued at $2000. Granted it's a 250 and an old low value bike, but I was on my learners and under 25.

Give it a go. Nothing ventured nothing gained.
Oh, and you don't have to have your bank accounts with the BNZ.

In my experience, the bank gives great deals but doesn't actually pay the claim until you go to court.

Westpac dropped us right in the poo with a claim for broken glass. They didn't pay the guy, despite approving the claim, who did the work (who put us with Baycorp), until we went through small claims court.

I will never ever use a bank for anything except an operating account. They're a bunch of thieving scum bags who make money off everything you do. 50c for an eftpos transaction? Puhlease.

Dooly, if you want an Insurance company who will bend over backwards to get everything right, provide competitive quotes, and never ever talk to you like you're an idiot, go with Classic Cover. Other people may better them by $50 a year, but Classic did some pretty incredible stuff for me, and I'll pimp them 'til the cows come home.

**Deviant Esq** · 27th January 2007, 06:49

Originally Posted by Jim2

In my experience, the bank gives great deals but doesn't actually pay the claim until you go to court.

Westpac dropped us right in the poo...

Dooly, if you want an Insurance company who will bend over backwards to get everything right, provide competitive quotes, and never ever talk to you like you're an idiot, go with Classic Cover. Other people may better them by $50 a year, but Classic did some pretty incredible stuff for me, and I'll pimp them 'til the cows come home.

Good advice there Jim2. I've not had to claim on my insurance yet, other than contents which went smoothly, but that could be a major issue if I did have to. Although, having said that, BNZ use a different underwriter than Westpac... Still, I very much doubt any other company could quote something within $500 of the $160 BNZ have me paying. Still, I'm going to give Classic Cover a ring when I get back to NZ anyway, just because it never hurts to know.

**Bytor** · 27th January 2007, 07:07

Originally Posted by Jim2

Dooly, if you want an Insurance company who will bend over backwards to get everything right, provide competitive quotes, and never ever talk to you like you're an idiot, go with Classic Cover. Other people may better them by $50 a year, but Classic did some pretty incredible stuff for me, and I'll pimp them 'til the cows come home.

Too right. Even after my 'act of god' bollocks which wiped out my no claims with AMI, Classic still insured me WITH full claims history as they said the situation was double bollocks.

**eviltwin** · 27th January 2007, 07:10

i bought my brand new 2006 zx10r in november my lifetime insurance company wouldn't touch it with a ten foot pole (AA insurance).
i was recommended by a number of people to go to star insurance...so i did.
anyways i lowsided on the hill going into the front straight at pukekohe last sunday (KIWITRACKDAYS), the bike got airborne and hit the wall, it was a write off.
today i am going down to pick up my new zx10r from mt eden motorcycles.
that's a 6 day turnaround people...from crash to replacement!
this includes adding all of my mods that i had on the original bike, oggy knobs, race brakes, braided lines, ferrodo pads and aftermarket exhaust etc.
the insurance was $1300 per year and $750 excess, well worth it for a $20,000+ bike.
alot of hard earned money and love went into my bike, these guys appreciate what we invest in our machines.

so anyway now i'm humming this old song in my head...i think it's a willy nelson tune...

i'm on the road again...
just can't wait to get on the road again...
doin twisties an sniffin gas fumes with my friends
i just can't wait to get on the road again.

**Bytor** · 27th January 2007, 07:16

Originally Posted by eviltwin

i bought my brand new 2006 zx10r in november my lifetime insurance company wouldn't touch it with a ten foot pole (AA insurance).
i was recommended by a number of people to go to star insurance...so i did.
anyways i lowsided on the hill going into the front straight at pukekohe last sunday (KIWITRACKDAYS), the bike got airborne and hit the wall, it was a write off.
today i am going down to pick up my new zx10r from mt eden motorcycles.
that's a 6 day turnaround people...from crash to replacement!
this includes adding all of my mods that i had on the original bike, oggy knobs, race brakes, braided lines, ferrodo pads and aftermarket exhaust etc.
the insurance was $1300 per year and $750 excess, well worth it for a $20,000+ bike.
alot of hard earned money and love went into my bike, these guys appreciate what we invest in our machines.

so anyway now i'm humming this old song in my head...i think it's a willy nelson tune...

i'm on the road again...
just can't wait to get on the road again...
doin twisties an sniffin gas fumes with my friends
i just can't wait to get on the road again.

Did you get 'special' insurance to cover track days or did the 'accident' happen on the public road outside the track?

**MSTRS:Me** · 27th January 2007, 07:43

Originally Posted by Deviant Esq

Still, I'm going to give Classic Cover a ring when I get back to NZ anyway, just because it never hurts to know.

Sorry, mate. Classic only cover the over-30's. 'We' must be low risk - or something....

**disenfranchised** · 27th January 2007, 08:02

Originally Posted by Jim2

I will never ever use a bank for anything except an operating account. They're a bunch of thieving scum bags who make money off everything you do. 50c for an eftpos transaction? Puhlease.

I think you're getting ripped...transactions should be free these days
http://www.asb.co.nz/story389.asp?

I heard good things about protecta when I bought my bike. But price wise they didn't seem any cheaper than my current insurance company State.....so I went with state, despite having heard all the rumours about them being one of the worst companies to get a claim from.

I can't comment about BNZ, but ASB simply resell state, and can offer pretty much only the same prices.

**Scouse** · 27th January 2007, 08:06

Hey Dooly
My Speed Triple cost me $747.66 to insure with classic cover
Oh yea and congrats on the purchase of one of the most fun bikes to ride that exists