2024 Insurance (BeMoto price hike)

[captaindan]

Hi All, Just had a quote for insurance from bemoto, £358 fully comp.

57 years old, no convictions or accidents and 13 years ncd.
last years was 50 quid high at 226 but the likes of bennetts offering at £148.

i know bemoto have a good reputation, but when is it taking the mick to hike prices like this.
dan

 

[Schtum]

Strange. My renewal with BeMoto last month was £167.59 compared to £153.35 last year.

 

[casbar]

Hi All, Just had a quote for insurance from bemoto, £358 fully comp.

57 years old, no convictions or accidents and 13 years ncd.
last years was 50 quid high at 226 but the likes of bennetts offering at £148.

i know bemoto have a good reputation, but when is it taking the mick to hike prices like this.
dan

They are a broker, not an underwriter. Shop around.

 

[captaindan]

Cheers casbar, have done. Looks like Bennetts are getting the business then. Shame as Bemoto sounded decent, but seem to be profiteering just like the rest.

 

[littleade]

They are a broker, not an underwriter. Shop around.

This^^^^ I use the bike insurer comparison site for my bike and the fat singers one for the cars to see how competitive (or not) my renewal prices are. For the bike I then tend to use IAM Surity (Cornhill) as they're usually competitive and do their best to price match. Just insured my new RS SE with them with 3 months to go on my existing premium for my 2020 1250GS TE and I expected to get shafted but the increase was only £19 plus their admin fee. The 1300 is a new model so some underwriters may well be a bit nervous insuring it without any crash/theft data to help them assess the risk and as it'll be a very popular bike if they get it wrong it'll cost them.

 

[captaindan]

Thanks everyone for your replies. Finally decided to go with Bennetts. £135. No legal or breakdown, but i have both those with car insurance anyway, I suppose i have learned that every year will be a ring round ir google check from now on. A saving of £220 soon covers any servicing etc so quids in.