Track bike insurance

[Darranu]

Just about to collect my new trackbike which will replace my trusty old pre injection R6.

The problem is, with it been worth 5x more than the R6 I really need to insure it.

I've had a quote from BeMoto which wasn't to bad at £180 with a 10% excess for storage only, no transit cover.
Second quote was from Ryan Motorsport which was more at £240 for the same cover.

Is there anyone else I've missed, bike does have a V5 but wont be MOT'd or taxed and is for sole track use.

Thanks in advance,
Darran

[Dog Star]

Why not just insure it as a road bike - if it's sorned; if it's just storage insurance then you only want theft cover. If it gets stolen then I find it very unlikely it's coming back.

[TooLateForAName]

I assume that the OP wants damage cover on the track. Normal road bke cover isnt going to give that.

[Darranu]

Hi, thanks for the reply's.

No I'm just looking at theft only cover, not bothered about damage on track.

I don't have any no claims bonus as I stopped riding on the road some time ago. Also I don't want to have to mess around MOT'ing it each year to keep it on a normal road policy.

Cheers

[DuraAce]

Darranu said:

Hi, thanks for the reply's.

No I'm just looking at theft only cover, not bothered about damage on track.

I don't have any no claims bonus as I stopped riding on the road some time ago. Also I don't want to have to mess around MOT'ing it each year to keep it on a normal road policy.

Cheers

Doesn't need to be mot'd to be insured. My track bike is insured (normal road policy si kept my no claims a life while I wasn't road riding) but hasn't been taxed or mot'd for a couple of years.

[grahamr88]

Mine is included on my house insurance, for cover at home only. I can't recall the company name, but the broker is Simon Farquhar, and it's the only house insurance I found which specifically covers track bikes.

[Darranu]

grahamr88 said:

Mine is included on my house insurance, for cover at home only. I can't recall the company name, but the broker is Simon Farquhar, and it's the only house insurance I found which specifically covers track bikes.

Nice one, might give them a try. Cheers

[graeme4130]

I insure my ZX10R Track bike through Morris
£240/yr for theft from garage or van to a value of £15k
Mine doesn't have a v5, so had to be data tagged

[stew-S160]

Try BeMoto.

I got a quote for laid up insurance which covers fire and theft from home. Was around £100.