Insurance rant

[Miggs]

Hi,
Seems that making any changes to an insurance policy these days is just open invitation for them to bleed you dry and ream you with a frosty stick of sprouts!
Just paid MCE £105 for a years comp on my BMW 1150. 1 month later I change the bike for this 800 XRunner.
£40.50p admin + extra £69.50 premium increase 
A quote search on their own website reveals annual premium of £130.
Emailed complaints of unfair exploitation fell on deaf ears. 

Naturally I will be insuring my bike elsewhere next year (although i'm sure they all play the same racket!)

[tiggy]

Agree with you Miggs, that's well out of order for a few strokes on a keyboard. Weird isn't it going down from 1150 to 800 costs more!
Just changed one of my bike policies and they charged me £22 for a mid-term change, I've gone down from a 450 to 250 (enduro) I would have had a credit of £3 had it not been for their admin charge of £25.
I'm with Hastings Direct, they have been very fair thus far and they paid out on my son's bike theft very quickly too. 

Don't know your circumstances Miggs but £105 didn't sound too bad for the BM when others are paying a lot more.
Think I paid about £110 for my Crossrunner.

[JohnG]

My Crossrunner insurance isn't too bad with Carole Nash, but when I told them my classic Ducati had been painted Black and Gold in place of the original blue they wanted to increase the annual premium from £100 to £400. Told them to stuff it so am having the bike professionally sprayed back to original when it will be worth more and they will insure for £100 again.

[timbo]

Same here, With MCE also and change cost me £92, same admin fee plus extra charge for the CR, though I was coming from a 17 year old CBR600, really should have just cancelled the policy and taken a new one, would have been cheaper in the long run.

[Kiwi]

You think you're being ripped off?, try NZD$990 for comp rider insurance for a fat 50yr old with no claims or tickets and even that price is arranged via Honda, go elsewhere to a normal insurance company and its nearly double - admittedly this for a new 2017 bike, but it's still bleedin expensive   Oh and road tax is NZD$515 for >600cc per year thats before you even ride it....

[Miggs]

Originally Posted by Kiwi

You think you're being ripped off?, try NZD$990 for comp rider insurance for a fat 50yr old with no claims or tickets and even that price is arranged via Honda, go elsewhere to a normal insurance company and its nearly double - admittedly this for a new 2017 bike, but it's still bleedin expensive   Oh and road tax is NZD$515 for >600cc per year thats before you even ride it....

Well since your average salary is 75K compared to 50K(NZD) in the UK, maybe that ain't so bad as it sounds!

[las800]

For years now I do all my insurances with one insurance broker.
It is way better do deal with him rather than direct contact with insurance company's for all sort of issues.