1300gs TE ASA Insurance- No Quotes !

[pbbanks]

You will need to ring round, bike sure and bmw insurance (might have been devitts) gave me a quote for the 1300 'manual' when no one else would, bmw insurance had been told by underwriter to put the 1300 down as a 1250 on the policy, add a note to the policy, and would get in touch when the 1300 was on the system - and thats what happened.

The bike cannot be any bigger risk than a 1300 from an insurers perspective, virtually same bike, same power, looks the same.

Totally agree, no higher risk apart from extra cost of auto gearbox +£800.
I had one of the first 1250s and a broker did same as you say with that , out down as a 1200 but with a provision on the policy that it was a 1250.
I did try BMW insurance and that did quote on £23k. Trouble is it was a lot more expensive than existing policy. Other annoying thing is it was with Ageas, guess who I'm with now through Bennetts & who they say existing company won't quote , yes, Ageas!!.
What is going on.
I need someone to get past the computer system that's saying No.
I'm hoping by the time the bike is here (end of Oct) they will have sorted their systems out.

 

[wessie]

Well how do people insure bikes like the H2R and those £40k+ Ducati’s then. It must be possible to insure a bike that’s half their value shirley?

most likely they are people of high net worth with a relationship with a specialist broker to cover all of their toys

you can buy insurance for anything if you have the right connections and the means to pay

the problem here is that the OP is trying to buy an off the shelf policy outside the rigid parameters set in the algorithm. The vendors of these policies (reluctant to call them brokers) have as much interest in selling something outside of these parameters as Tesco have in creating a custard tart for you without that brown dust on top. You have the tart with brown dust or fuck off, simples.

 

[Deleted account 251212001]

Totally agree, no higher risk apart from extra cost of auto gearbox +£800.
I had one of the first 1250s and a broker did same as you say with that , out down as a 1200 but with a provision on the policy that it was a 1250.
I did try BMW insurance and that did quote on £23k. Trouble is it was a lot more expensive than existing policy. Other annoying thing is it was with Ageas, guess who I'm with now through Bennetts & who they say existing company won't quote , yes, Ageas!!.
What is going on.
I need someone to get past the computer system that's saying No.
I'm hoping by the time the bike is here (end of Oct) they will have sorted their systems out.

Hopefully if you ring round eventually the call centre chimp will speak with an underwriter or someone qualified directly, and common sense will prevail, and they will perhaps put it down as a 1300 and stick a note on till things catch up. I had no joy with Bennett's either, even though i was already insured with them at the time, one of those ‘we will get back to you’ and something about emailing someone else first, but i never did hear anything back.

 

[littleade]

"Carry on...." Carry on what?, you've lost me ?

Ahaa, sorry, carry on as in as an early adopter carry on sharing your experiences, both good and bad so potential buyers get a fuller picture of what to expect should they sign on the dotted line as the salesbod is unlikely to tell you/know.

 

[littleade]

I'm with Aegas now too, but via IAM Sureity as per my original post. When my RS arrived I got stung for the mid policy changes admin fees m in the usual way and was expecting to get a reasonable premium quote on policy renewal but the then underwriters Zenith pulled out of bike insurance altogether and IAM could only provide a quote via Aegas which was far more expensive than I was expecting, based on what Zenith charged for the rest of my policy when I got the RS. IAM managed to barter them down and took a hit on their fee so I stayed with them in the end, but looking on the comparison sites at the time Aegas were more expensive than what the originally quoted IAM!

 

[stever1]

I had a similar problem when I bought the Goldwing. Most insurers don't want to take on the risk of a bike costing over 20k.
I sent an E mail to LV (my then insurer) and subsequently had a long talk with LV's CEO and then his underling.
Apparently this value was set many years ago and hadn't been updated since. I explained that there was then a good number of bikes over 20k, and many more approaching that value. After a couple of days they got back to me with a satisfactory proposal. ( they withdrew from the bike insurance market the next year )

 

[wessie]

I had a similar problem when I bought the Goldwing. Most insurers don't want to take on the risk of a bike costing over 20k.
I sent an E mail to LV (my then insurer) and subsequently had a long talk with LV's CEO and then his underling.
Apparently this value was set many years ago and hadn't been updated since. I explained that there was then a good number of bikes over 20k, and many more approaching that value. After a couple of days they got back to me with a satisfactory proposal. ( they withdrew from the bike insurance market the next year )

whilst LV does not sell bike insurance under their own direct to consumer brand, they do sell policies via brokers using their subsidiary brand, Highway

 

[littleade]

I had a similar problem when I bought the Goldwing. Most insurers don't want to take on the risk of a bike costing over 20k.
I sent an E mail to LV (my then insurer) and subsequently had a long talk with LV's CEO and then his underling.
Apparently this value was set many years ago and hadn't been updated since. I explained that there was then a good number of bikes over 20k, and many more approaching that value. After a couple of days they got back to me with a satisfactory proposal. ( they withdrew from the bike insurance market the next year )

It was my 1st 1200 GS for me in 2015. Obtaining quotes while waiting for the delivery date things looked ok, but I bought the vario luggage for it that tipped the total value to over £15k (A GS TE for under 15k, those were the days ) when I came to insure it Bennets put the premium up to over £1k while others either didn't quote at all or put the premium up. I have found with IAM Sureity that if the quote isn't competative they will at least speak with the broker to see if they can reduce it for you.

 

[JoeBiff]

Yes, I know it may be an issue but if noone will quote on an extra £2k in value of a new bike what are you supposed to do???.
Stupid thing is my existing 1300gs is insured for £22k. Now the same broker (Bennetts), can't quote on a new 1300gs ASA if you put £22k for an online quote. If you drop it to £19,999 you get a quote!.
When I phoned them it was the same answer, it's a case of "computer says NO".
Even asked if they could ask the insurance company to do a personal quote but that was a No too.
As others have said, is it under valuing a bike that even though you paid £23k to buy may only be worth sub £20k a month later if you part ex'd it ??.
I know some policies used to have a clause that they would replace in the first year with a new bike & therefore top price but don't think that's in the policy I have now.

Bit of a catch 22, don't buy a new bike or undervalue it and take the risk .

I’ve been in the same sityouayshon in the past with new model bikes and cars.
The manufacturer’s “in-house” insurer’s have always come up trumps.
I don’t see it as a big deal, really.
Mis-declaring the value might not do anyone any favours.
Good luck.

 

[pbbanks]

Just been trying different options online. It's madness , I can insure a brand new R1300 GS TE valued at £23k for £467. Exact same details but change the bike to an R1300 GS TE ASA & value it at £19,999 (to be able to even get quotes) & it comes back with quotes the lowest of which is £100 more than the TE non ASA.
That's covering what is basically the same bike (same power etc. etc). But will only let you insure it for £3k less and want to charge £100 more.

 

[littleade]

I guess "they" would say they are erring on the side of caution as they have no data to fully assess the risk, while "we" are more inclined to think they're just taking the p1ss. If it's any consolation in my experience the renewal price drops once the bike is 12 months old.

 

[pbbanks]

Ye

I guess "they" would say they are erring on the side of caution as they have no data to fully assess the risk, while "we" are more inclined to think they're just taking the p1ss. If it's any consolation in my experience the renewal price drops once the bike is 12 months old.

Yes I was hoping mine might be less. But then I fancied the new ASA one after a test ride.
Was hoping they'd swap existing policy across as it has 3 months to run but they won't even quote.
No doubt they'll! try and charge me a cancellation fee even though they won't quote on new ASA one.
I'll sort something out but they know what they can do with the £50 cancellation fee if they try .

 

[slimpickings]

Ye
Yes I was hoping mine might be less. But then I fancied the new ASA one after a test ride.
Was hoping they'd swap existing policy across as it has 3 months to run but they won't even quote.
No doubt they'll! try and charge me a cancellation fee even though they won't quote on new ASA one.
I'll sort something out but they know what they can do with the £50 cancellation fee if they try .

if you paid on your card are they able take the £50 from that using the details you gave them at the time ?

 

[pbbanks]

if you paid on your card are they able take the £50 from that using the details you gave them at the time ?

Don't think they can without my permission.i took off auto renewal anyway so they shouldn't be storing card details.

 

[steadysteve]

Don't think they can without my permission.i took off auto renewal anyway so they shouldn't be storing card details.

I removed auto renewal on my car Insurance but they kept the card details on file . When I renewed via the app on my phone it came up with a screen asking for my authorisation to use the card ending in xyz. Good point you made re card details but in some cases it might actually make the process easier.

 

[jimmer137]

Here we go again with no insurance quotes for the new R1300GS TE ASA. I've ordered a new ASA 1300gs and just phoned Bennetts who I'm with now for my current R1300GS TE. They have the ASA model on their systems but no quotes come back when they input details.
I had this same problem last year with the new 1300gs and also the first 1250gs. Why don't BMW and the insurance companies get their acts together when a new model comes so people can insure them!!.
Eventually they sort themselves out but last time it took a few months. My existing companies in the past have given me the "choice" of cancelling my existing policy, sometimes they even make what they see as a marvelous offer of waiving the cancellation fee .

Has anyone else ordered the new R1300gs ASA models ? either GS or GSA and had any success with getting insurance?.

I have had the exact same problem trying to get insurance.

Currently I have my Aprilia Tuono V4 Factory and my R1250GS TE insured together for £299.50. I have since moved house about half a mile away and currently don’t have a garage.

I am 63 years old, Clean licence, IAM etc but most insurers I tried would not even quote to insure the R1300GS Trophy ASA I have paid for and am due to collect tomorrow.

Those that would insisted on a garage and the best I got for just the BMW was £535 from BMW’s own insurer (underwritten by Ageas] if I spent £2k on an Asgard shed (10 weeks delivery!). Offering to fit a Datatool tracker made £30 difference!

So by the morning, I will have to cancel my order and request a full refund from the dealer

 

[pbbanks]

I have had the exact same problem trying to get insurance.

Currently I have my Aprilia Tuono V4 Factory and my R1250GS TE insured together for £299.50. I have since moved house about half a mile away and currently don’t have a garage.

I am 63 years old, Clean licence, IAM etc but most insurers I tried would not even quote to insure the R1300GS Trophy ASA I have paid for and am due to collect tomorrow.

Those that would insisted on a garage and the best I got for just the BMW was £535 from BMW’s own insurer (underwritten by Ageas] if I spent £2k on an Asgard shed (10 weeks delivery!). Offering to fit a Datatool tracker made £30 difference!

So by the morning, I will have to cancel my order and request a full refund from the dealer

Do they know you've moved house and your existing two bikes aren't kept in a garage overnight?. Those policies will probably be void won't they?.

 

[jimmer137]

Do they know you've moved house and your existing two bikes aren't kept in a garage overnight?. Those policies will probably be void won't they?.

I did try and tell them I moved but they wanted £20 to do it and the foreign call centre worker was more interested in telling me they wouldn’t quote for the 1300 and that was after 30 mins on the phone!

 

[pbbanks]

I did try and tell them I moved but they wanted £20 to do it and the foreign call centre worker was more interested in telling me they wouldn’t quote for the 1300 and that was after 30 mins on the phone!

If you drop the value of the 1300 asa to below £20k on the quote applications you might get quotes. Trouble is I'm not sure where you stand even if you accept the fact that if it was stolen or written off you may only get sub £20k as a pay out . Or would they refuse any payout as you'd under insured it??.
Bit of a catch 22. ! Can't get quotes if you put a value £20k plus, put less than £20k and it may not pay out??

 

[stever1]

Not the clever thing to do , leaving it until last minute to sort out your insurance.
Your probably not insured on your current bikes now, and I wonder how much your going to loose on the 1300.