I know this subject has been covered many times in the past, but I've just renewed my Classic bike insurance with RH Specialists Insurance, who advertise in a number of classic bike magazines.
They are an established insurance company who have, I believe, just moved into the bike insurance market place.
The cost of insurance for my Kawasaki H2c, BSA Golden Flash, and Velocette Venom is........ £153.60 :shocked: which is the best quote by far and in fact was £50.00 cheaper than Peter James who I have insured with for a couple of years now.
The cover is comprehensive and includes - Policy holder only riding, SD&P inc; travel to and from place of business, £50.00 excess, mileage is limited to 3000 p.a (which is plenty for my classics) extra mileage p.a is an option.
Benefits include:-
European Wide Cover in European Union countries
Agreed Value
Use of bikes at non competitive rallies
Dismantled parts cover
Full salvage, (which means if the machine is written off you get paid out and keep the machine)
U.K and European Breakdown recovery
Personal Accident max £5,000.00
Personal Effects up to max £150.00
Underwritten by Equity Star motor policies at Lloyds
TBH, I'm staggered as this is probably the most competitive insurance policy I have ever had in all my years on two wheels
I will definitely be looking at putting the GTR on this policy when it comes up for renewal next January
http://www.rhclassicinsurance.co.uk/
£153-60 to insure those three barrow loads of scap? :eek: The three of um put together are only worth about thirty bob, I reckon they saw you coming Rog. European break down cover!!!!!! your havin a laugh, none of them would make it to the end of your street never mind Europe. :wink: :whistling: :mfr_lol: :popcorn: :oops: :listencarefully: Good price that :yes:
Quote from: 100milesaway on March 30, 2013, 08:23:59 PM
£153-60 to insure those three barrow loads of scap? :eek: The three of um put together are only worth about thirty bob, I reckon they saw you coming Rog. European break down cover!!!!!! your havin a laugh, none of them would make it to the end of your street never mind Europe. :wink: :whistling: :mfr_lol: :popcorn: :oops: :listencarefully: Good price that :yes:
LOL - so how much is your GTR insurance, I've just renewed mine - for £175 FComp
£160. 26 fully comp, 011 GTR and 012 Versys 650, :banana: :banana: :popcorn:
Ahhh ok, I'll let you have the £15 base on your age! ;-P
Quote from: 100milesaway on March 30, 2013, 08:46:33 PM
£160. 26 fully comp, 011 GTR and 012 Versys 650, :banana: :banana: :popcorn:
You were robbed Geoff, mind you there's probably an old age premium added to your policy :mfr_lol:
I paid £131.87 fully comp....oh and the GTR does venture onto foreign soil....how about you ?...and I don't mean Scotland :whistling:
They do say that OAP's are easy to rob .... and it appears they is right ! :whistling: :whistling:
Insurance for the trike cost me £535........ :no:
I tried to shop around, it has to be done on the phone on-line wont work for a trike, not many companies who will insure it.
I tried the brokers who do all the insurance for me at work, and they did find one company who would do it, but only if I had a bike licence, even though I do not need one for the trike, which they new :wacko:
something to do with the terms from the underwriters only doing bike insurance.......
They did give me a small allowance for the 9 years no claims I have on the car, but as its a brand new policy there is no no claims on it.
Fully comp, with pillion passenger, agreed mileage of 3000.
Loads of hoops to jump through, 3 pictures of it, security agreement, copy of driving licence, they also asked if it was modified!!! its a trike ffs, how much more non standard can it be :mfr_lol:
Richard
I know it's more than most but if you think that you are paying about £1.50 ish a day ... Then it doesn't seem too bad ..... Does it ? :no:
Quote from: Richard on March 30, 2013, 10:44:57 PM
Insurance for the trike cost me £535........ :no:
I tried to shop around, it has to be done on the phone on-line wont work for a trike, not many companies who will insure it.
I tried the brokers who do all the insurance for me at work, and they did find one company who would do it, but only if I had a bike licence, even though I do not need one for the trike, which they new :wacko:
something to do with the terms from the underwriters only doing bike insurance.......
They did give me a small allowance for the 9 years no claims I have on the car, but as its a brand new policy there is no no claims on it.
Fully comp, with pillion passenger, agreed mileage of 3000.
Loads of hoops to jump through, 3 pictures of it, security agreement, copy of driving licence, they also asked if it was modified!!! its a trike ffs, how much more non standard can it be :mfr_lol:
Richard
Crazy, its alright for you to drive your trike on a car license but insurance companies can't recognise the machine on the same basis. I don't suppose its owt to do with them making a quick buck is it :wacko:
Insurance companies base everything on risk.
An older guy riding restored classics isn't likely to be wheelie-ing down the high street at midnight on them.
He will love and cherish them and cry like a baby if they get dirty or scratched.
A younger guy riding a heavily modified high-performance trike is much higher risk but at £535 that's not a ridiculous price.
A friend in a local trike club pays £1500 per year for his trike.
It does have a 400Bhp V8 in it and weighs just over a ton. :punk:
When I first got the 1400 I got charged £450 for my first year despite 14 years with no at fault claims and I had been riding a 1000cc 110Bhp machine for those 14 years.
The following year other insurers had recognised the existence of the 1400GTR so I got to tell Bennetts to stuff their overpriced renewal and now pay about £160 Fully Comp.
Hi
Assuming I don't mess it up it should come down a fair bit next year with a years no claims.
Quote from: Boomer on April 02, 2013, 02:54:17 PM
Insurance companies base everything on risk.
An older guy riding restored classics isn't likely to be wheelie-ing down the high street at midnight on them.
He will love and cherish them and cry like a baby if they get dirty or scratched.
A younger guy riding a heavily modified high-performance trike is much higher risk but at £535 that's not a ridiculous price.
A friend in a local trike club pays £1500 per year for his trike.
It does have a 400Bhp V8 in it and weighs just over a ton. :punk:
When I first got the 1400 I got charged £450 for my first year despite 14 years with no at fault claims and I had been riding a 1000cc 110Bhp machine for those 14 years.
The following year other insurers had recognised the existence of the 1400GTR so I got to tell Bennetts to stuff their overpriced renewal and now pay about £160 Fully Comp.
I sincerely hope that you aren't basing your observations on me George :shocked: I'm well past the "crying like a baby" stage of life, the only tears you'll occasionally see from me are ones connected with the mirth experienced after reading some of the posts on here.
You are correct in that insurance companies base their quotes on claims experience, younger and therefore less experienced riders representing a greater 'risk'.
My point was that the quote I received was in fact £58.00+ cheaper than my current insurers and Carole Nash's quote, so I thought that other members on here might benefit accordingly :wink:
Quote from: olde coney on April 02, 2013, 06:17:40 PM
I sincerely hope that you aren't basing your observations on me George :shocked:
No, more on some friends I have who love and cherish their classics and will not hear a bad word said about them.
These poor bikes hardly ever get ridden and never in the rain or even if the roads are a bit damp.
They come out for the Battlesbridge Classic Bike Shows and other local shows but otherwise are wrapped in damp-absorbing quilts and polished and pampered.
One of them has a Squariel and they were a POS when new. :mfr_lol:
Hi
I have a friend who has a Vincent Black Knight, and he says its worth so much now the thought of using it scares him, shame.
Quote from: Boomer on April 03, 2013, 10:17:15 AM
No, more on some friends I have who love and cherish their classics and will not hear a bad word said about them.
These poor bikes hardly ever get ridden and never in the rain or even if the roads are a bit damp.
They come out for the Battlesbridge Classic Bike Shows and other local shows but otherwise are wrapped in damp-absorbing quilts and polished and pampered.
One of them has a Squariel and they were a POS when new. :mfr_lol:
So true, they are referred to as 'Trailer Queen Bikes' in the Triples club.
I must admit that I would only ride my H2c when the weather permits, but the others get ridden as often as possible, obviously not in these snowy, salty times :mfr_lol:
The H2C is scary in the dry on a warm sunny day.
Get 2Kwacks to take it for a spin.
Then he'd understand that you can be :shit: scared at 70Mph as well with the right machine. :mfr_lol:
I wouldn't trust him to bring it back George, he might get to like it too much :yes: :mfr_lol:
They require a certain 'knack' to get the best out of them