I've been with Adelaide (IAM) for 5 years now and always been accepting of a modest year on year increase.
I nearly choked last week when the renewal notice came. £250 quid, up from £186 last year.
I got a cheaper quote on line and hadn't got back to Adelaide but I would have needed to tell the online people about NEG cycle escorting and flashing lights on the bike etc which would no doubt put the price up.
Tonight I got a call from Adelaide. I told them I'd never needed to price match their quotes before and disappointing at such a disproportionate increase.
Instantly their admin fee went to zero and having reduced the insured value of the bike (I've owned it for 3 yrs now) and upped the excess by £50 quid Im now paying £180: a saving of £6 on last year!
I'm happy at that as I've always found them easy to do business with.
I am very pleased you got a good price.
But what annoys me, is that this is not uncommon
Insurance Companies do not reward loyalty and do not give you the best price on renewal. Then when you go back to tell them you can get a better price, they match it.
My attitude is then to tell them politely 'To stuff it'. Had they quoted me this in the first place I would have renewed with them. As I say their arrogant attitude annoys me.
Patrick, I renewed with Adelaide in June and they did increase my premium also but after a bit of haggling they agreed to price match my best quote from the comparison web sites and bring it back down to an acceptable level. I will stay with Adelaide as long as they are willing to do this as they are a very good insurance company.
The best quote I got was £407 for my GTR and an old VFR (I left off the old ZZR and GT for the moment as both in for long term repairs - until they chase me).
I use ebikeinsurance.co.uk as they allow me to make changes on the fly, i.e. number plate, add a bike, delete a bike, etc. without any admin charges which most, if not all others do.
I've only got 3 years NCB as a returning to a bike rider but no accidents and 20k+ miles per annum, etc.
I always dread the insurnce renewal on the bikes as well as the house.
Two years ago the house renewal was cut massively when I mentioned another quote I'd had. The insurer price and cover matched and has only put a nominal increase on this year
Strangely, I was with Privelege and quoted Direct Line as being cheaper. They are both in the same business group !
I was with Ebikes but had some issues with their site and cancelling a policy.
I'm now with MCE which is telephone based which is soemtimes good and others not so good but I pay about £600 for a 2010 GTR, 2009 GSXR 1000 and 2011 MV AGusta which I dont think is off the planet.
Admitedly they are only insuring one bike at at time for road use as I can only ride one at a time.
They didnt have an issue with a few mods either and include RAC cover.
The telling point for any insurer is when you try to claim
I've had car and house claims with Direct Line and have had no issues at all
You all know my feelings about insurance :yawn:
However I'm confident they will be brought in line by regulation before long - hopefully. Heres a thing - compare (no pun intended) the adverts of the big insurers a few years ago to the campaigns they run now. Absurd, banal, annoying and I'd say none of them actually inform you of the benefits of their product over the competition.
How would the nice plain Norwich Union ads of the late 70's remain in focus when eclipsed by Confused Clara, Bogdan the Meerkat and any of the guises Paul Whitehouse sold his integrity for with Aviva.
Just as long as their "name" is on your list when it comes to choosing who to contact for a quote. I'd recommend googling "Adturds" for the rationale behind how they get our attention.
I will only say that Swinton sorted out my claim fairly well - the underwriters were LVE who were even better. Dont think I can use them next year as thyre bound to try it on with the "moderate"!!!!! claim I put in.
Good Luck All !
Have just done a renewal on my gtr and am with just bikes. Fully comp £96.65 , Aged 51. Full ncd :clap:
:mfr_lol: £96! That's never going to happen for me because of where I live. Bloody good quote, what's your excess?
Quote from: Lonewolf on August 24, 2013, 10:26:07 AM
:mfr_lol: £96! That's never going to happen for me because of where I live. Bloody good quote, what's your excess?
£10K ????????????? :mfr_lol:
My excess is £350. , Was £600. :banana:
You've done exceptionally well there then. :banana:
That sounds a good deal to me :clap:
£96 :eek: :eek: That is fantastic by anyone's standards ... Well done you !
I can't wait for my renewel next year.... I've just renewed my Z750 for £117 with 2years NCD.
My GTR was £174 (full ncd) this year but when I changed the address, they said next year it will be reduced. :-)
I still think insurance is based on think of a figure!
Neil
Quote from: SirToU on August 25, 2013, 08:29:18 AM
I still think insurance is based on think of a figure!
Neil
:agree:
Just got mine in and it is £123.54 Fully Comp
This is with Bennetts and a renewal of my last years policy.
I could have got it for £112 with another insurer but they are not as well known as Bennetts, so I am happy to stay with them.
I am very pleased.
Just had :mfr_lol: :mfr_lol: :mfr_lol: my renewal through..... :mfr_lol: :mfr_lol: :mfr_lol:
wait.......
its coming .......
£1075 WTF
Up by £200 with one bike less, now only 2 bikes.
Currently with Carole Nash on a Non auto renewal basis.
I have never continued with insurance on a yearly basis as I rode for 2 years or so then use to take a year off because I didnt want my sons to get into them too much...
Anyway, had a quote from Bennett's with 1 year NCB, of £515 premium, £600 excess but no breakdown cover....no biggy.
Went back to Carole Nash ( who wasnt available , :mfr_lol: ) and asked ( politely ), why ?. No answer really, but a really helpful guy wanted to know more info in detail about the bikes and security, usage etc which were questions that are not asked normally when quoting. It went to underwriters and now the excess is £350 and premium £550.
Which I am happy with as it includes breakdown and pillion and I dont have to mess around swopping insurers.
I did tell them its about time they rewarded loyalty, he agreed but its all about new sales.........such a shame .....
£295 GTR1400 & GSX-R1000K8 garaged BS32 52 years young RoSPA & IAM, 9+ Years NCD £400 excess. 2011 GTR valued at £9999.
Don't rush to pay, wait till "they" call you back :-)
mine has just come in at 165 fully comp with protected no claims with Swinton, which sounds great but it's 50 quid up from last year, quite a percentage increase. bennetts have quoted me 114 quid for the same or 145 inc breakdown cover and legals etc etc. I swapped from bennetts the year before as they bumped up the policy price for last year. I wish these companies would stop arsing about and give people decent quotes for renewals, or do they think we're too stupid to use the Internet? maybe they've always worked this way, but are getting sussed out now with people checking on the net instead of endless phone calls as it used to be in the past.