Insurance for new bike.

[daviedevs]

Called my insurance last night to swap my 2019 SAS over to new 2023 model at end of next week. I currently have a multibike policy with 3 bikes on it. Told I would need to pay an extra £286 on top of the £301 I have already paid! Time to start getting more quotes I reckon.

 

[adventuredon]

You're lucky...Comparison site showed me 6000 pounds to insure a 2015 1200R. Called my insurance company and they swapped my new bike for old plus £250 their way. All in £631...

 

[Paul S]

Somewhat pointless comparison as we all have different levels of risk but just renewed my insurance on my new 1290R and the Husky 701 for just over £400 with Cornmarket Insurance (IAM).

As always you need to shop around

 

[Rasher]

Wow, and I was pissed my 1290 Adventure went from £110 to £130 and almost £100 for my Husky 350.

 

[LockieP]

My multi bike renewal with Carole Nash has gone down by £100. However after going on Entire Cover comparison I can get a policy £200 cheaper. Cheapest 2 are with Express Insurance (never heard of them) & MacKenzie Hodgson. Carole Nash quotes on the comparison site were cheaper than my renewal too so I’m going to give them a call before I change insurers.

 

[LockieP]

My multi bike renewal with Carole Nash has gone down by £100. However after going on Entire Cover comparison I can get a policy £200 cheaper. Cheapest 2 are with Express Insurance (never heard of them) & MacKenzie Hodgson. Carole Nash quotes on the comparison site were cheaper than my renewal too so I’m going to give them a call before I change insurers.

I spoke to a Carole Nash agent this morning & they can’t match the price they are quoting on the comparison site which is £80 cheaper than their renewal! Exactly the same policy including breakdown & legal, same excesses but renewal price £680, comparison site £601.
MacKenzie Hodgson are cheaper & like for like at £587 so unless anyone has any horror stories about them I’ll be changing.

 

[Barnoe]

I spoke to a Carole Nash agent this morning & they can’t match the price they are quoting on the comparison site which is £80 cheaper than their renewal! Exactly the same policy including breakdown & legal, same excesses but renewal price £680, comparison site £601.

As far as i am aware, this is now illegal.
all insurance companies are not allowed to offer cheaper cover to new customers and not existing.
its a recent rule change to stop exactly what your quoting.

SOURCE HERE

 

[Paul S]

Wow, and I was pissed my 1290 Adventure went from £110 to £130 and almost £100 for my Husky 350.

 

[LockieP]

As far as i am aware, this is now illegal.
all insurance companies are not allowed to offer cheaper cover to new customers and not existing.
its a recent rule change to stop exactly what your quoting.

SOURCE HERE

I think you’re right but seeing as I have cheaper quotes than Carole Nash’s I really can’t be arsed to raise it with them.

 

[Morety]

I recently added another bike to my Motorcycle Direct Platinum policy. No change in renewal price or excesses, in fact it was cheaper than the £196 I originally took out for the RS! Both bikes covered for £181 total fee. £100 voluntary excess, £175 compulsory. 30 days free European bike cover (excluding breakdown recovery) and full breakdown UK cover included as well as bike clothing damage cover. Might be worth contacting M?C Direct?

 

[EPG_19]

Insurance being more on a brand new bike than a 4 year old bike, that’s a disgrace, how dare they.

You deserve a pokey bum wank from them, and a reduction in your premiums just for being you