I did this with my GSXR1000 which I part exchanged for the Ducati. I had 3 months remaining and let it run as I was forced to use a different insurance company anyway. I was paying £120 fully comp for the GSXR so it was pointless cancelling it anyway.
Just a pity insurance is a legal requirement! :wink: It's ok shopping around and going for the cheapest quote, but I can tell you from bitter experience, the cheap ones are also the ones who will leave you high and dry at the side of the road to look after yourself when something goes wrong ...... even if it's not your fault.
http://ducatiforum.co.uk/f18/insurance-another-joke-14112/ Although I didn't name them - guess which company I was talking about ? They just seem to make it up as they go along. My ST4 is on a multi-bike policy with my 750 Laverda : £149 total...
@ Littlebert - That's not my experience of Swinton - They are cheap and efficient. Maybe it's because you can actually phone them up and speak to a real person who knows what they are talking about, instead of a "professional telephone answerer" who hasn't got a clue...
Be Wiser Insurance | Quality Car, Van, Bike & Home Insurance These have been good for me. Swinton! They once (1982) tried to charge me £490 TP for an old lambretta I built for £15. I have a long memory for things like this.
Yes. Be Wiser tried to quote me over 1200 quid for the ST2 - I got it for £80 elsewhere. Everyone has a different story for a different broker, but they're all up to the same old tricks, not one being more honest or trustworthy than the other. Shop around every time, kids...
My sons first bike was a honda 600 and after 9 months he upgraded it to a 600RR, rang the insurance to change details and was told they wouldn't insure him on the RR, so he went on the usual compare sites and his existing insurer came up as the cheapest, yet by phone they wouldn't cover him, so he had to cancel his existing policy at more expense and losing his first years NCD and re-insure with the same people who said they wouldn't insure him if he wanted to upgrade his policy. If that makes sense. Steve
If only I could manage that. Had a last ride out a few days ago, putting me up to 400 miles in 2 years. Stupidly I insure myself for 3000 miles a year. I am an idiot. That is all.
Oddly I tried Ducati insurance a few years ago thinking that they would 'understand' Ducatis but they seemed shocked that my 916 was modified and gave me a silly quote without including breakdown. The advisor actually 'advised' me that Carole Nash included breakdown and that they were likely to be significantly cheaper...
crazy..so he lost a years NCB (as we all do) and went round the houses to end up at square one...at least it got insured...theyre a sorry lot these skanky insurance companies..
I use Carole Nash, really good and very helpful. Just for reference I'm 31 and pay £283 a year on a multi-bike policy fully comp for 916 sp3 and sps!!
Reminds me of my first car. An old Austin Mini 850cc which was older than I was. Cost me £20 to buy and the insurance company wanted £460 TP to insure it.
@ Rabbitstew - the insurance company aren't bothered about your £20 Mini : it's the £20K Rolls-Royce that is the "third party" you (could) run into that they are worried about... Not that I would in any way defend the robbing bar-stewards, but the cost of third-party insurance is completely unrelated to the value of the actual vehicle. Why would it be ? They're never going to pay you anything for it anyway, no matter what...
It's all a con, and we all know it. Back in the day you had to get three quotes for repair if you had a prang; it was a pain in the arse. The second they devised a way to get your motor straight to an 'approved' garage the premiums shot up. I had to have my company car repaired after a little prang (I shunted a stretch limo...), and the bill was horrendous. The garage broke it down into materials and labour. Out of curiosity I rang the local vauxhall parts place for prices, and the garage had charged more than three times the price I was quoted (as a non-trade customer) just for the parts. That's where your money is going.
Agreed Figs, and they (insurance companies, media spin doctors) will tell you insurance premiums have shot up because of the increasing number of uninsured drivers and the increasingly litigious society we live in. For starters, no one ever seems to be to prove that uninsured drivers are on the increase and if they are, who are they? Another thing with regards litigation...the irony is with the so called 'blame culture', the insurance companies usually own the litigation companies, and the insurance companies try and ramp up the cost of a non fault claim, adding on obscene vehicle hire charges and so on...an utter disgrace. When i was knocked off in 2007, i was practically strong armed into accepting a hire bike because it 'pressurise the other side into settling early'..rental costs for that bike were a shade under £9k...i made them take it back..imagine if i'd lost my case?? The media like to get excited about the blame culture, but i think that the average person is far from that..its simply 'not british'..most of us play it fair and square..we are not generally pissed off with each other, were pissed off with getting ripped off by the faceless companies, and so people think, balls to it, i will whack in a claim. What do insurance companies expect when they treat their customers so appallingly and do everything imaginable to squirm out of paying a claim? fekk em.
Top tip, in view of what has been posted above... Insurance companies will tell you that you have to use one of their "approved repairers". You do NOT. They have no legal right to insist on you taking you car to any garage. I have stood my ground on this issue twice now and on both occasions the insurance company have had to admit that they cannot do it. On both occasions their "approved repairer" was one with a well-deserved reputation for over-charging and for doing shoddy repairs. The first time the repairs were carried out by my local garage, and the second time by the local Honda dealer. The biggest con these days is "claims handling" companies. From my experience they only exist to make money out of people's misfortune and actually complicate the process, thereby making it more expensive.
..yeah agree, I thought I would try one of their multi bike policies to tidy things up keep just one policy etc but no way they were three times more expensive. Now I sure my multi and 848 separate much, much cheaper £ 187 f.comp and £120 tpft respectively! All with MCE, regards vince
You could say that, LOL! Following a serious accident last year I don't ride it al all, my mate takes it out about three or four tines a year. If everything goes to plan I can get back in it in 2015
