Multibike Insurance.

Spoke to head of Ducati uk
Marketing he said Ducati tried to set up cheaper deals but the insurance brokers basically control everything. If u note the insurance brokers main dealers have never provided any accountability of their profits or losses or actual costs surely there must be a regulator

 

I have a multi-bike policy. Currently pay £500 per year, plus additional bits for leathers etc. I asked for a quote to change one of the bikes to a Diavel V4. (I know it's an expensive bike, but you can bid for one of my kidneys on Ebay.) Quoted £230 to swap it for another bike already on the policy up to the time of renewal - 1st July. Then the policy would increase to £1,500 for the year, plus additional cover for leathers etc. Three bikes, all kept in garage, all with trackers, never made a claim. The insurer was Ducati Insurance (Adrian Flux). So decided not to buy the bike. The kidney sale can pay for the insurance renewal, and possibly a coffee.

 

I’ve been doing quite a bit of hunting re multi bike insurance. Bikesure (also part of the Adrian Flux group) was the best overall deal.
The AA have decided not to continue insuring motorbikes - they were always The Europa Group in the background, but they’ve decided to effectively close that book of business but will do renewals, but no new policies including multi-bike.

Ive been pretty badly impacted by my (insured) friend hitting the bumper of a car. Because the insurance was in my name, the quote for my other bike went up by £460!!!! Needless to say that made me shop around and (after declaring the accident I may confirm) I got a quote cheaper than I paid this last year.
Never makes any sense to me if honest. Just need to accept you need to spend a bit of time searching.

 

Another vote for bike sure. I been using them since vowing never to use Bennetts again.

 

Insurance is becoming much more sophistcated and targetted / behaviour based. Most insurers use a combination of inputs to determine risk that is specific to the individual. This includes geo-demoggraphic, socio-economic, and social media data (so be careful of what gets posted...), address, vehicle, driving history, claim history, as well as probability to default, etc.. This data is often evaluated near-real-time so prices continually change. Also demand from PCWs has a bearing so it is always good to start looking early as often insurance cycles are aligned with things like reg dates , etc. Its depressing, but we are all paying for the uninsured, catastrophic events, and crims... which reminds me... mines up soon for two cars and three bikes! Sh&t!

 

I know what my wife would say about the increase in Multi bike policies….



…. “Just as well I only let you have one at a time then!”

 

Renewal in couple of weeks. Currently with Bennets who came up with £220 for the Goldwing and the Kettle based on 3000 miles per year each bike and covered for pillion and commuting with value of £10.5k on the kettle.
Same cover with Devitt quoted £173 which seems quite competetive.

 

I wish!

Rule is I can buy what I like but only one at a time (“you can’t ride more than one anyway…”)

 

What are rules for…?

 

Just reading this thread for the first time, having had 2, sometimes 3 bikes insured on multi bike policies. Last year I moved from Cornmarket to Ducati Insurance (Bikesure) and noticed that, as pointed out on this thread, I only earn one NCD. I’d thought of moving my second bike (998) to another insurer, but if I do so, it’ll be treated as if I have no NCD and I’ll be hammered (if anyone will sell me cover at all).
Feeling hard-done-to.

 

4 Bikes up from 550 to 700 this year with bemoto....time to start shopping around..

 

Just renewed with Wicked Quotes (used to be Ducati Ramisis) underwritten by Aviva fully comp for £276 for my 916, Panigale R and Vespa 300 GTS (9 yrs NCD and clean license)

 

My Bemoto multi bike policy went up by £10 this year. I had a quick look around and my renewal was actually quite a bit cheaper than anything else I could find.

 

WTF! They’ve quoted me over £500 for a 998 and a Streetfighter V4S with 9+ yrs NCD, rural Northumberland and locked up tight with trackers!

 

I feel your pain and definitely think the "rule" of not being able to use your NCD on more than one bike, unless you take out a multi bike policy, is just a money making exercise for the insurance companies.

It's simply illogical that you can take out a policy for one bike and yet if you decide to buy a new bike during the policy term, the insurers will let you change the bike on the policy AND honour your NCD on that new bike.

Clearly then insurers accept that NCD is earned and attached to the rider so why then can I not take out separate insurance policies with different insurers using MY NCD on each separate policy? I can only ride one bike at a time so my NCD is by default applicable to whichever bike I'm riding at that moment in time.

This has irked me long enough so I'm tempted to go write a strongly worded email, once I've figured out who I need to send it to. . . .

 

This company only allocates my NCD to the first bike listed. The second and subsequent bikes carry no NCD!
When I was with Carole Nash, my NCD applied to both, but that was on a classic bike policy.
I may raise this with them…