Cost of insurance

monuworks

Waiting on my learner permit to come in the post and then do the IBT,

Was looking to get a suzuki bandit 600cc restricted 03 or 04 & wondering does anyone know roughly how much the insurance would be and who's the best insurer to go with?

goodlad

monuworks wrote: »

Waiting on my learner permit to come in the post and then do the IBT,

Was looking to get a suzuki bandit 600cc restricted 03 or 04 & wondering does anyone know roughly how much the insurance would be and who's the best insurer to go with?

Your pretty much stuck with liberty when you start. No one else usually comes close to their quotes when you are starting.

I started on a restricted bandit 600. I think my insurance was around 800ish. Cant remember exactly. That was with quinn (liberty) and the next in line was about 1400 and the other places wouldnt even talk to me without a ncb.

monuworks

Forgot to add that I'm 40, does this make any difference to the quote?

blu3r0ri0n

monuworks wrote: »

Forgot to add that I'm 40, does this make any difference to the quote?

You need to call around to get any real indications as it's going to be based on so many factors such as where you live etc, your age will help you probably- just give false name and the address a couple of doors down from you, thats what I did when I was starting out and went with the best quote.

Wonda-Boy

If you get a "FACTORY" restricted bike then AON are very good especially being a more mature gent

No one else will recognise a factory restriction, have a look out for a Vstrom 650cc / FZ6 they are usually in abundance with the factory restriction.

blu3r0ri0n

monuworks wrote: »

Forgot to add that I'm 40, does this make any difference to the quote?

Wonda-Boy wrote: »

If you get a "FACTORY" restricted bike then AON are very good especially being a more mature gent

No one else will recognise a factory restriction, have a look out for a Vstrom 650cc / FZ6 they are usually in abundance with the factory restriction.

The only issue with a factory restricted bike is that if you want to derestrict it you have to replace the ECU and are dificult to sell for this reason, as far as I know its like this with fazers anyway.

Wonda-Boy

Not difficult to sell to a learner and they hold their value alot more too. When I bought the bike the chap told me to ring him if I was selling it again for 1st refusal.

blu3r0ri0n

Wonda-Boy wrote: »

Not difficult to sell to a learner and they hold their value alot more too. When I bought the bike the chap told me to ring him if I was selling it again for 1st refusal.

Your's isn't factory restricted is it? Did you had to replace the ECU?

Wonda-Boy

Mine is factory restricted, its stamped on my log book

blu3r0ri0n

Wonda-Boy wrote: »

Mine is factory restricted, its stamped on my log book

Oh I thought your restriction was up already, so to derestrict it do you have to replace the ECU?

Wonda-Boy

Have no idea Blu3, it feels like a slight throttle stop on mine but it could very well be an ECU jobbie....Sorry for the Hi-Jack of the thread.

Back on topic.

LookBehindYou

monuworks wrote: »

Forgot to add that I'm 40, does this make any difference to the quote?

Carole Nash would be your best bet for a decent quote.

Reku

If you're waiting until after the IBT then Liberty or Aon both seem to offer decent quotes, if you want to do the IBT, or even part of it, on your own bike then only Carole Nash will insure you.
In summary through ringing around I found:

• Liberty - similar price to Aon, won't cover you until you've finished your IBT.
• Aon - similar price to Liberty, won't cover anything above M class until you've finished your IBT.
• Carole Nash - TPFT quote came in at ~ 133% of the Comp quotes of the other two:eek:, but they will cover you while doing your IBT (usual restrictions of needing your instructor present at all times you're using the bike of course apply).

Don't know about Adelaide as my bike's just a little bit too small to be of interest to them.:o (they only cover >125cc) So it might be worth contacting them to get a quote.

Wossack

blu3r0ri0n wrote: »

The only issue with a factory restricted bike is that if you want to derestrict it you have to replace the ECU and are dificult to sell for this reason, as far as I know its like this with fazers anyway.

not all factory restricted bikes are done so via ecu

Littleirishman

First time poster here.

I am in the same boat as the op.

what would the price be for 20 Y/O male...roughly.

Wossack

300e to 6000e, give or take

johnwest288

blu3r0ri0n wrote: »

You need to call around to get any real indications as it's going to be based on so many factors such as where you live etc, your age will help you probably- just give false name and the address a couple of doors down from you, thats what I did when I was starting out and went with the best quote.

Just wondering, what advantages are there in giving fake names and addresses

Littleirishman

Wossack wrote: »

300e to 6000e, give or take

Wow really.. great help

i am aware of how varied it will be from person to person.

But how can i decide on what bike to get when i do not know the insurance prices for the bikes..?

RosieJoe

Littleirishman wrote: »

Wow really.. great help

i am aware of how varied it will be from person to person.

But how can i decide on what bike to get when i do not know the insurance prices for the bikes..?

There are 4 insurance companies:
AON
Liberty
Carole Nash
Adelaide

Not all of the 4 will insure you because of your age so ring them to see which will even think of insuring you.

Then ask how much it is for a factory restricted bandit to get an idea of price on FR bikes. While you are on the phone to them, ask how much it would be for a CB400 and/or a Varadero 250.

This will give you an idea of realistic prices on insurance for you.

Failing that i'd go with

Wossack wrote: »

300e to 6000e, give or take

Wossack

Littleirishman wrote: »

Wow really.. great help

i am aware of how varied it will be from person to person.

But how can i decide on what bike to get when i do not know the insurance prices for the bikes..?

Unfort theres a whole lot of variables, and ambiguity (seemingly) with insurance quotes. Its really down to yourself, who you get on the phone, what bike, location, and planetary alignment. Think theres a thread on here with people giving their renewal figures - have a look for a bit of what Im talking about

I think quinn and/or aon have an online calculator, should give you a rough idea of how risky the insurance companies consider the bike/rider combo

Im afraid though really its a whole lot of phone jockey stuff, and alot of disappointment... mine initial experience (about 5/6 years ago) was somewhat like:
cbr600? no..
bandit 600? no...
rvf400? no...
cbr250? no...
nsr125r? no...
cbr125r? yes, 1800e please

but think its a little better nowerdays. Quinn/Liberty are probably your best bet for your starter bike cover imo

Littleirishman

Wossack wrote: »

Littleirishman wrote: »

Wow really.. great help

i am aware of how varied it will be from person to person.

But how can i decide on what bike to get when i do not know the insurance prices for the bikes..?

Unfort theres a whole lot of variables, and ambiguity (seemingly) with insurance quotes. Its really down to yourself, who you get on the phone, what bike, location, and planetary alignment. Think theres a thread on here with people giving their renewal figures - have a look for a bit of what Im talking about

I think quinn and/or aon have an online calculator, should give you a rough idea of how risky the insurance companies consider the bike/rider combo

Im afraid though really its a whole lot of phone jockey stuff, and alot of disappointment... mine initial experience (about 5/6 years ago) was somewhat like:
cbr600? no..
bandit 600? no...
rvf400? no...
cbr250? no...
nsr125r? no...
cbr125r? yes, 1800e please

but think its a little better nowerdays. Quinn/Liberty are probably your best bet for your starter bike cover imo

Do you have a link to an astrology thread or website please haha.

I had a look but most where a lot older than myself. I seen one or 2 but with 125's and not bandit.

Should I just ring up and give them the details of a bike before I buy then? For instance, the online quotes, which always result in "call us instead", ask for reg numbers and the likes.

Wossack

yep, definitely get a quote + reference number (important) before you purchase anything. Few lads have been caught out with bikes bought, and insurance companies just refusing to cover. Or worse, going back on their word, after saying they would - and with no reference number, you're outta luck

if you have a bike in mind (bandit?) no harm in ringing up Quinn just to see what they say. If they say no, just see if getting an assessment, or alarm, reduced miles etc help things.

yea, the online calc does spit out 'call us/NO', or just massive figures more easily then the guys on the phone (with quinn/liberty anyway)

Del2005

johnwest288 wrote: »

Just wondering, what advantages are there in giving fake names and addresses

Some companies may add extra if you do loads of quotes. Any time I'm bored and dreaming I always use fake details. Then when I decide I get a proper quote.

The main reason would be to stop getting email/mail from them, every year I get loads of emails for my house, car and bike insurance renewal. If I do a search mid year with my details I'll get more junk from them the same time next year and I don't want to have to contact them to get off another mailing list.

Merch

Whats the situation regarding insurance NCB certs?
How long are they valid for?

I know its different but with cars Ive been told they are valid for 2 years if you dont renew immediately.

I dont think I will be using the bike after my insurance is up in a month until after the new year.
Ive already gotten a call from another company with a better quote than my first year as I got the full A licence and I did an AON qualification aswell, not sure what it was as I cant locate the cert.

Wossack

almost 100% certain its 2 years also - but worth double-checking with your insurance company

blu3r0ri0n

Del2005 wrote: »

Some companies may add extra if you do loads of quotes. .

WTF!Seriously

Littleirishman

blu3r0ri0n wrote: »

Del2005 wrote: »

Some companies may add extra if you do loads of quotes. .

WTF!Seriously

Does he mean if I keep getting different quotes off them for different bikes they will up the price? Kinda like they are getting P***ed off?

Wonda-Boy

No idea never heard of it before TBH...glad I am not starting off again do your head in all the running around. Best of luck with who ever you go with lad.

hwap

blu3r0ri0n wrote: »

The only issue with a factory restricted bike is that if you want to derestrict it you have to replace the ECU and are dificult to sell for this reason, as far as I know its like this with fazers anyway.

the bandit is a carb model and the restriction is tiny holes drilled into the carb sliders, handy enough to replace

Littleirishman

just did an online with liberty... im 20 in january but i used my brothers details (22) got fully comp on a 97 bandit 600 for Annual Payment:
€1,316.61

Littleirishman

Littleirishman wrote: »

just did an online with liberty... im 20 in january but i used my brothers details (22) got fully comp on a 97 bandit 600 for Annual Payment:
€1,316.61

why bother with fully comp on a 97 bandit?

Littleirishman

i was just testing the waters with the prices is all.

hwap

better off getting third party only when starting out to build up your no claims discount, invest a few bob in a heavy chain and lock. and you'll be grand

inchiuvatu

the first year is always the worst, if you can get your full licence sorted before your next renewal you will see a big difference.

in two years i started on cbr125 tpft for about €1000 with quinn (liberty), and am now just this morning fully comp 2 years no claims on a cbr600f for €320 with adelaide. (with pillion/breakdown/legal/drive others bikes)